2023-04-22

There is something called lending on the virtual currency exchange. Even if you have heard the term, there are so many people who do not know how it works or which virtual currency exchange offers it. And you need to know what it means in the first place.

When trading virtual currencies, terms such as Bitcoin and Altcoin will often appear. The word altcoin is a term that you should definitely know, so be sure to remember it. We will also introduce promising altcoins.

Bybit has a currency exchange function that allows you to easily exchange your virtual currency for other brands. You can exchange your virtual currency for another virtual currency without any fees. It is a very convenient function because you can exchange it for the currency you want to trade without actually trading. I am writing an article about specifics.

Bybit is considered the best cryptocurrency exchange for short selling. In cryptocurrency trading, profit is generated when the price rises and loss occurs when the price falls. However, you can avoid the risk by selling short. It is possible to earn more efficiently than general trading.

Bybit has two concepts regarding pricing. The mark price and the index price are roughly the same, but there are differences when the market is moving a lot. If you trade on Bybit, you will need to know the difference between mark price and index price.