Bybit Adds Limit Order Functionality to Convert for Greater Trading Precision - Chainwire

11Jun

Bybit Adds Limit Order Functionality to Convert for Greater Trading Precision

Dubai, UAE, June 11th, 2025, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has enhanced its Convert tool by introducing Limit Order functionality. This update offers users greater control over crypto asset conversions — with zero trading fees maintained.

Unlike Instant Orders, which execute immediately at the market conversion price, Limit Orders allow users to set a target conversion price. The transaction only executes once the conversion price is met or exceeded.

Key features of Limit Orders on Bybit Convert include:

Price Control: Users can set a preferred conversion rate and wait for favorable market conditions.
Zero Fees: Limit Orders, like Instant Orders, incur no trading fees.
Order Validity: Orders remain active for up to 30 days, with funds securely locked until execution or expiration.
User Management: Orders can be tracked or cancelled anytime via the Conversion History tab.

Quotes displayed on the Convert page reflect real-time exchange rates, independent from Bybit Spot market prices. The accompanying chart is for reference only and does not represent historical Convert rates.

This latest feature continues Bybit’s mission to provide accessible, high-performance tools for both novice and experienced traders.

More information is available here.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media