Bybit, a cryptocurrency exchange, has introduced updates to its Dual Asset product, including a new simulator, a simplified interface, and broader access to features previously available only to VIP users.
According to the company, Bybit Dual Asset is a short-term, non-principal-protected structured investment product that allows users to set a target price to buy or sell cryptocurrencies.
Participants earn annual percentage rate (APR) rewards on their principal regardless of whether the target price is reached at settlement, the company said.
The update introduces a simulator that allows users to preview potential outcomes before placing a Dual Asset order.
According to Bybit, users can select a token, enter an investment amount, choose an investment duration, and compare possible settlement scenarios.
A “Match My Assets” filter also recommends products based on a user’s existing holdings. The simulator is available by enabling “Beginner Mode” through the “Choose Product Plan” menu.
Bybit also said it has redesigned the Dual Asset interface to simplify the investment process and reduce the number of steps needed to compare products and place orders.
The company added that Dual Asset products with higher APRs, previously available only to VIP users, will be accessible to all users every Friday without requiring VIP membership.
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