- Bybit will launch trading for US stocks, gold, oil, and indexes by the end of the quarter.
- Gold trading on Bybit’s MT5 platform will offer up to 500x user leverage.
- Bybit expands into traditional markets following a $1.5B hack by the Lazarus Group in February.
Ben Zhou, the CEO of Bybit Exchange, revealed plans to add US stocks, global stock indexes, and gold and crude oil trading options before the current financial period ends. The expansion lets Users trade Apple and Microsoft shares and other company stocks directly through the platform.
Bybit released a new platform intended to unite cryptocurrencies with classic financial trading instruments by providing users with various investment tools in one place.
Bybit’s new trading instruments will include the MetaTrader 5 (MT5) interface, which provides up to 500x leverage for gold trading. With this high-leverage function, Bybit aims to attract experienced margin traders along with aggressive traders who need substantial leverage for their positions. Zhou confirms that this move is part of platform’s effort to build a single platform that welcomes traders of all types.
Various cryptocurrency analysts and researchers using social media platforms view this expansion as a major development. Blockchain researcher Po La expressed positive thoughts about Bybit’s diverse offerings because they could interest traditional trading clients. A social media user doubted new crypto products by saying the intersection of traditional finance and crypto is expanding, while the future user activity remains unclear.
Security Concerns Resurface Amid Expansion
The platform’s traditional market growth sparked apprehension among people living in those areas. During the platform discussion, someone mentioned the Lazarus Group from North Korea, which specializes in attacking digital asset platforms. The cybercriminals of the Lazarus Group conducted their large-scale Ethereum heist against the platform for $1.5 billion on February 21, 2025.
Attackers penetrated Bybit cold wallets and shifted Ethereum outside the framework to Addresses Controlled by them. TRM Labs determined that the stolen funds went through laundering processes 48 hours after the attack.
The funds traveled through multiple-pocket decentralized exchanges and cross-chain bridges, as well as several intermediary wallets, so authorities could not track their movement. Most of the stolen ETH underwent conversion before the attackers dispatched them through multiple blockchain networks and assets by February 26. The platform faced the biggest cryptocurrency heist in history, which remains the biggest cybersecurity concern for its security architecture.
Launch of Copy Trading in Gold and Forex Markets
Bybit launched its Copy Trading Gold & FX feature on the MT5 platform during the first month of 2025. This feature lets users implement expert trading approaches in the gold and foreign exchange sectors. By depositing USDT on this service, users can access traditional market exposure through algorithmic strategy replication.
Bybit Sales and Marketing Director Joan Han describes this product as an opportunity for traders to observe gold and forex markets without manual intervention. According to Han, this service enables users to boost their portfolio reach and better control market risks. The exchange pursues this service to offer expanded products and enable users to trade effectively between conventional and crypto finance markets.
