Bybit will host a P2P security webinar on Nov. 25 to enhance fraud prevention knowledge and promote safer crypto trading in Africa.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching a new initiative to enhance P2P (peer-to-peer) security awareness in Africa. The platform is hosting a “P2P Security Webinar” on November 25. Moreover, it is designed to help users learn about fraud prevention and improve their asset security.
The trading event that Bybit plans is to help users learn more about the tools and information necessary for safe trading. It is all about assisting users in avoiding possible threats while trading. The live webinar will take place using the Bybit Africa Telegram group from 7 to 9 PM UTC.
The session will include major topics, including fraud detection and Bybit security products, among others. Participants will be able to identify some of the fraud schemes and how to check the payment legitimacy. Next, the P2P security of Bybit will be discussed, and the readers will learn ways to protect themselves against fraud. Some practical advice on safe trading will also be provided to increase the confidence of the participants.
Bybit Aims to Improve P2P Security and Promote Crypto Trading in Africa
The Sales and Marketing Director of Bybit, Joan Han, said there should be constant reminders to users to avoid being victims of fraud. She said that financial fraud has been around for a long time and emphasized that users need to be vigilant because the scammers change.
She also noted that Bybit has been investing in the infrastructure of its platform to improve on its security all the time. However, she stressed that education of the users continues to be a focus area. This focus on user education is important to make sure that their transactions are safe and that they will not be scammed. Bybit has certain goals to achieve a safer trading environment through technology and through the users themselves.
P2P trading is important in the cryptocurrency market, especially in developing countries such as those in Africa. Bybit’s P2P is a direct trading system without third-party companies and merchants in between to close deals. This approach leads to lower transaction costs and improved trading conditions.
Ultimately, this move proves that the Bybit is willing to promote the expansion of crypto trading for everyone. Through this webinar, the company hopes to continue fostering a secure and transparent P2P ecosystem while expanding its African presence.
