Srinibas Rout
Bybit, the world’s second-largest web3 platform by trading volume, has announced the integration of three new blockchain networks – SUI, ZKLink, and Scroll – into its web3 ecosystem.
Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.
This move allows Bybit users to switch seamlessly between these chains within their Bybit Wallet extension, providing access to a broader array of decentralized finance (DeFi) applications and services.
Integration brings new opportunities for Bybit users
Bybit’s latest integration includes the SUI, ZKLink, and Scroll blockchains, significantly enhancing the platform’s capabilities. Users can now explore various DeFi applications and services across these chains, broadening their investment and usage options.
- Supported seed phrase wallets: Bybit Wallet maintains compatibility with popular seed phrase wallets, ensuring a seamless transition for users adopting the new chains.
- Integration with Bybit Wallet Extension: The new chain integrations are accessible via the Bybit Wallet Extension, enabling users to manage their assets across multiple chains efficiently.
Bybit Web3 now connects to 31+ chains
With the addition of SUI, ZKLink, and Scroll, Bybit Web3 now supports over 31 chains.
This network includes major chains such as Bitcoin, Ethereum, Arbitrum, Optimism, Solana, Zeta, Merlin, Sui, Manta, Mantle, BNB Chain, Polygon, Avalanche C, Fantom, zkSync Era, OKX Chain, Base, Linea, BEVM, Blast, BounceBit, Stacks, B² Network, Mode, StarkNet, Kava, Cronos, Taiko, Bitlayer, and more.
Bybit’s broad support for various chains underscores its dedication to fostering ecosystem innovations. This comprehensive integration facilitates a more inclusive and diverse web3 environment, where users can benefit from the unique features and advantages of each blockchain network.
Expanding the reach and utility of Bybit Wallet
The integration of SUI, ZKLink, and Scroll into the Bybit ecosystem enhances the functionality of the Bybit Wallet extension, providing users with a more flexible and dynamic tool for managing their digital assets.
The wallet’s compatibility with popular seed phrase wallets ensures that users can easily transition and adapt to the new chains without losing access to their existing assets.
Bybit’s strategic expansion into multiple blockchain networks reflects its ongoing commitment to innovation and user empowerment.
By offering access to a wider range of DeFi applications and services, Bybit continues to position itself as a leading player in the rapidly evolving web3 space.
Ad
Want easy-to-follow crypto, forex & stock trading signals? Make trading simple by copying our team of pro-traders. Consistent results. Sign-up today at Invezz Signals™.