ByBit Overtakes a Struggling BitMEX in Crypto Derivatives Trade


Source: xrpvi.be xrpvi.be

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0 It appears that BitMEX ’s ongoing legal struggles are giving its competition the chance to overtake it in the crypto derivatives market. ByBit has taken the #3 spot from BitMEX , and Bitget has been able to pull ahead of BitMEX in 24-hour volume. ByBit now receives 9.50% of the total crypto derivatives market trade, according to CoinMarketCap , with BitMEX falling to under 7.5%. Bitget is logging around 8.5% of crypto derivatives trade, putting both exchanges solidly in front of BitMEX. While ByBit is still a way from challenging Binance or Huobi Global, its advance to overtake BitMEX...