Bybit launches Odds for fixed return BTC and ETH price trades

Bybit has launched Bybit Odds, a fixed-return crypto price contract product that lets users take views on Bitcoin and Ether without leverage or liquidation risk. Summary Bybit Odds lets users trade BTC and ETH price views with fixed returns and a predefined maximum amount at risk. Users can choose Up/Down, Price Target or Price Range contracts, with trading periods running from five minutes to seven days. Trades start from 5 USDT and do not use leverage, leaving positions free from liquidation and margin calls. The product is available through Bybit’s Unified Trading Account on its web and mobile platforms. According to a Sept. 16 announcement shared with crypto.news, the product lets traders allocate a defined amount of USDT to a price view and see the potential return before placing an order. The amount committed to each position represents the maximum amount that can be lost, with trades starting from 5 USDT. Bybit Odds is initially available for BTC and ETH and offers three contract formats covering price direction, specific targets and trading ranges. Contracts can run from five minutes and 15 minutes through to seven days. Bybit Odds offers three ways to trade BTC and ETH vie...