Bybit Kazakhstan announces the launch of the KZT/USDT spot trading pair
Allowing users to trade directly between Kazakhstani tenge (KZT) and USDT on the spot market.
This marks an important step in improving the local trading experience by eliminating the need for intermediate conversion steps. Previously, users funding their accounts in KZT were required to use the one-click buy feature before accessing spot trading. With the introduction of the KZT/USDT pair, this additional step is no longer required.
Users depositing through BCC Bank's fiat channel can now proceed directly from fiat deposits to spot trading, creating a more seamless and efficient path from deposit to execution.
The launch is expected to improve:
Pricing efficiency by enabling direct market trading
Cost efficiency by reducing reliance on additional conversion steps
Execution speed by shortening the path from deposit to trade
"The launch of KZT trading pairs is an important step in increasing the accessibility and relevance of digital asset trading for users in Kazakhstan," said Ablaykhan Aubakir, Country Manager at Bybit Kazakhstan. "By providing direct local currency trading, we simplify the market entry process for users and continue to build infrastructure that supports long-term growth in a regulated environment."
The KZT/USDT pair is now available to eligible users on Bybit.kz. Users can access the KZT/USDT pair on Bybit.kz.
Disclaimer: This material is provided for informational purposes only. The products and services described may not be available in all jurisdictions. Investors should carefully review the applicable terms and conditions and assess their individual risk profile before making investment decisions.
#Bybit / #TheCryptoArk / #BybitKazakhstan
About Bybit Kazakhstan (Bybit Limited)
Bybit Kazakhstan is a participant in the AIFC, licensed by the AFSA to operate a digital asset trading platform and provide money services related to digital assets. Bybit Kazakhstan is developing compliant infrastructure to support institutions and businesses operating in digital assets in Kazakhstan.
About AFSA
The Astana Financial Services Authority (AFSA) is the independent regulator of financial services and related activities in the AIFC. AFSA's mandate is to promote a fair, transparent, and efficient financial center that meets international standards.
Contacts
Head of PR
Tony Au
Bybit
