Bit.com Monthly Review — April 2021
Bit.com Monthly Review is a recap covering all integral activities, from Trading Updates, Partnerships, Media Coverage, Community engagement, and Special Product Offers bit.com has had over the previous month. It aims to keep you abreast of our latest developments.
This edition covers the period from April 3rd to May 2nd 2021. The highlight of this time frame was the successful close of the first-ever Bit.com Global Trading Competition, which officially ended on April 26 at 12:00 (GMT+8). In the API trading zone, nine institutional teams participated, of which 3 won prizes. As for the Screen Trading Zone, there were 419 participants, of which the top 30 traders won a share in 25,000 USDT. The #1 trader received 4,500 USDT.
Thanks for making Bit.com your choice of exchange for crypto derivatives trading.
❖ During 04/03/2020–05/02/2020, the total trading volume on Bit.com amounted to USD994 Million for Perpetual Swap/Futures and USD2.03 billion for Options.
❖ Perpetual Swap/Futures: BTC, ETH, and BCH perpetual swap/futures traded USD994 million in April.
❖ Option: Options traded USD2.03 billion in April. The average volume traded in April put Bit.com as the second-largest BTC and ETH option trading venue in the world.
Data Analytics: In April, we entered a partnership with Bybt, an aggregated derivative exchange data provider. Now users can view in real-time how liquidation and options open interest on Bit.com differ from other platforms. Gain better insights into the crypto option market today: https://bybt.com/options
❖ Daniel Yan, our COO, was invited by TokenInsights to provide market insights for their Weekly Option Market publication. Once a week, Daniel will analyze market dynamics and provide insightful observations. Don’t miss out on the latest market intelligence; click here to subscribe to the report.
❖ Trading Werewolf, a joint effort between Bit.com and Bcoin.info, was held in Chengdu. A dozen Chinese crypto trading influencers set up their character decks for the game. Following clue cards provided by Bit.com, traders had a fun time finding the wolf. Let us know if you want Bit.com to host more community engagement activities.
Our English, Chinese, Taiwanese, and Russian communities are thriving. Join our local communities to hear more insights, market analysis, and updates in your preferred language.
We have a new Bit.com Captain Recruitment Program that calls for all crypto influencers to join us. Not only do you enjoy a 1088 USDT monthly base salary, but you also share 50% of trading fees from your referees. If you are interested, please join by sending your application to firstname.lastname@example.org!
That’s the wrap-up for the month. To get the latest updates and offers, you may follow us on Twitter, Medium, or join our official Bit.com Telegram Group. Thank you again for choosing Bit.com for a superior trading experience. Stay in touch!
Bit.com is a secure and high-performance derivative exchange launched by Matrixport, an integrated financial services firm and a household name in crypto. Established in February 2019, Matrixport was a spinoff from Bitmain Technologies, the world’s largest cryptocurrency mining equipment producer, and is backed by a league of top tier investors such as Jihan Wu, John Ge, Standard Crypto, IDG Capital, Lightspeed Venture Partners, Polychain, Dragonfly Capital, and Paradigm.
Bit.com was built with institutional-grade security and risk management features to ensure a superior trading experience leveraging best-in-class liquidity.