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Bybit Expands Crypto Trading in South Africa with New Derivatives Products

Bybit, the world's third most visited crypto exchange, has announced the official launch of its cryptocurrency derivatives products in South Africa, along with the introduction of a new fiat on-ramp service. Bybit will market this offering in South Africa as the juristic representative of Money Doc (Proprietary) Limited. In addition to the compliant marketing of its offshore derivatives trading products, Bybit is introducing a new fiat on-ramp service for the South African Rand (ZAR). This feature enables users to conveniently deposit Rands via bank transfer (EFT). This enhancement will greatly allow South African cryptocurrency traders and users to take advantage of Bybit’s market-leading liquidity and trading tools in a compliant manner.

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