Dubai, United Arab Emirates, December 31, 2024, PakGazette
Bybit, the world’s second largest cryptocurrency exchange by trading volume, has announced the launch of its enhanced P2P services with full API support for certified traders. This new open API integration allows advertisers and merchants to streamline their operations, automate key processes, and increase transaction volume.
Becoming a professional in P2P trading
With the new addition, eligible Bybit P2P merchants now have the ability to interact more directly with the platform via the API. The new API integration supports critical and high-frequency P2P operations, including:
- Ad management: Merchants can now manage listings, access listings, view listing details, and edit listings more easily through the API, significantly reducing manual effort and enabling quick responses to changing market conditions.
- Payment Operations and Token Deposit: The API also facilitates seamless P2P transactions, allowing users to view account information, place orders, confirm payments, and release assets at the API level. This allows merchants to optimize large groups of transactions efficiently and securely.
With Bybit P2P’s open API, traders have the option to centralize their trading operations at the user’s end and design strategies at their convenience. The tool will take P2P trading on Bybit to the next level, simplifying frequent and urgent tasks and automating time-consuming manual processes.
Secure access and integration integrity
Currently, access to Bybit’s P2P API is reserved for advertisers at VA level or higher. To use the P2P API, users must meet two technical requirements to ensure security and proper integration. First, users must enable API permissions and create a API keyconfirming the correct way to interact with the API for secure communication. Secondly, the user must access API documentation and make authorized calls accordingly.
Bybit invests in platform improvements to support open and efficient trading that makes sense for traders, saving them resources and time. Continuing its tradition of seeking innovative, user-centric solutions, the new feature allows for deeper integration and a better user experience. By expanding API access, Bybit P2P enables merchants and advertisers to stay agile and competitive in the dynamic P2P market.
For more information, eligible developers and merchants can refer to the API documentation for further implementation instructions.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, more open and equal ecosystem for everyone. With a strong focus on Web3, Bybit strategically partners 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, allowing builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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