The crypto trading world just got a safety net. Bybit, the world’s second-largest crypto derivatives exchange, launched Zero-Loss Shield – a program that covers losses up to 50 USDT for first-time futures traders. Yeah, you read that right. Your first futures trade literally can’t lose money.
Your first futures trade literally can’t lose money – Bybit’s betting on psychological genius
Here’s the deal. New users making their inaugural USDT Perpetual Futures trade get automatic loss protection. Lose money on that first shot? Bybit reimburses you through Loss Coverage Vouchers. Not cash – vouchers you can use as margin for your next trades. The offer runs until June 30, 2025, or whenever they run out of money. Whichever comes first.
The timing isn’t accidental. Bitcoin crossed $100K recently, and suddenly everyone’s grandmother wants in on crypto futures. Problem is, most newbies get absolutely wrecked their first time trading derivatives. Bybit knows this. They’re banking on the fact that if your first trade doesn’t hurt, you’ll stick around for a second. And a third. Smart move, honestly.
They didn’t stop there. Copy Trading followers get even better protection – up to 100 USDT coverage when they first follow a Master Trader. That voucher stays valid until December 30, 2025. Because apparently following someone else’s trades deserves double the safety net.
The whole thing ties into their Fearless Futures educational program. Makes sense. Teach people how to trade, then remove the fear of losing on their first attempt. It’s like training wheels for degenerate gamblers. Sorry, “sophisticated traders.” They’re even running a Read-to-Earn initiative where beginners compete for an 18,000 USDT prize pool just by learning the basics.
Security-wise, Bybit’s solid. Cold storage, multi-signature wallets, SSL encryption, the works. They’ve got insurance funds for liquidation events and consistently ace security audits. Adding Zero-Loss Shield on top is just another layer of protection – this time for user stupidity rather than hackers. The exchange also launched their P2P Shield in August 2024, providing financial protection against fraudulent activities in peer-to-peer trading.
Look, the crypto market’s volatile. Everyone knows that. But Bybit just removed the biggest psychological barrier for newcomers: the fear of that first loss. Whether this creates better traders or just delays the inevitable wipeout remains to be seen. Either way, it’s a clever way to onboard fresh meat during a bull run.
References
- https://www.prnewswire.com/news-releases/trading-with-confidence-bybit-offers-zero-loss-coverage-and-educational-rewards-302464271.html
- https://www.bybit.com/press/post/bybit-rolls-out-p2p-shield-to-strengthen-trading-security-blt3cecb30d31f0ac2c
- https://www.bybit.com/en/promo/events/futures-trade-zero-losses
- https://www.bybit.com/en/help-center/article/Introduction-to-Bybit-Options
- https://coinbureau.com/review/bybit/