Centralized crypto exchange Bybit has announced that it will integrate with decentralized crypto exchange Apex Pro.
Recent crypto events are pushing the cryptocurrency market in a bear trend. The market, which could not gain upward momentum for a long time, could not get rid of the bad news. The process, which was exacerbated by the Terra crisis and the US interest rate decisions, was fueled by the bankruptcy of FTX. FTX, which is called one of the largest cryptocurrency exchanges in the world, suffered a great collapse and also affected the market. All these processes have led investors to turn to decentralized exchanges. Making a move to this situation, Bybit announced that it will integrate with the decentralized exchange Apex Pro.
Bybit Will Integrate Centrality and Decentralization into a Single Platform
Popular cryptocurrency exchange Bybit will integrate to provide a decentralized and centralized service to its customers. This connection with the decentralized exchange Apex Pro will launch services on a single platform. Users will be able to make any type of transaction they want through this platform.
Using Starkware’s scalability engine, Apex Pro offers a privacy and security-based decentralized exchange service. This service will be integrated into the Bybit system, with a wallet that does not store customers’ personal information.
“It is part of our mission to be a trusted gateway to Web3, and this integration is an important step on that path,” said Ben Zhou, Bybit co-founder and CEO.
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