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ApeX Pro integration has been announced by Bybit, third-most visited cryptocurrency exchange worldwide. Bybit customers will soon be able to access ApeX Pro directly through their Bybit accounts.
The new developments will promote the addition ApeX of Bybit to its portfolio. This gives traders vast opportunities to profit from both the decentralized (DEX), and the centralized (CEX), on one platform.
What is the Work of it?
To transfer funds to ApeX Pro, users must simply use their Exchange account. The funds will be sent quickly and no platform fees will apply. Users can trade without worrying about privacy and transparency.
Ben Zhou (Bybit CEO and cofounder) stated that the integration was a “great moment” for the industry. It helps to restore trust in crypto and allows users access to the full range of Web opportunities.
What’s ApeX Pro?
This is a non-custodial, permissionless DEX. It uses StarkEx StarkWare’s scalability engine to provide high-performance perpetual contract options. This integration will make CEXs more secure, efficient and more useful to traders. It also encourages privacy, transparency and self-custody which are hallmarks of DEXs.
ApeX Pro has many sophisticated features. It operates just like Bybit and integrates the order book model. This will reduce the learning curve. ApeX Pro also uses zero-knowledgeproofs. This means that the blockchain records balance changes. This protects the identity of the wallet user.
