Bybit Adds SKATE/USDT Pair Boosting Skate Token Accessibility

Coin WorldMonday, Jun 9, 2025 4:08 am ET

1min read

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Bybit, a leading cryptocurrency exchange, has announced the addition of the SKATE/USDT trading pair, effective immediately. This move allows users to deposit SKATE tokens, with trading activities scheduled to commence on June 9, 2025, at 10:00 UTC. This development is a significant step for Skate, a

universal

application layer, as it broadens its footprint in the cryptocurrency market.

The listing on Bybit follows a series of strategic initiatives by Skate aimed at increasing its market presence and accessibility. Previously, there were indications that Skate might conduct a Token Generation Event (TGE) on June 9, further strengthening its position within the crypto ecosystem. Additionally, another major exchange had announced the opening of spot trading for SKATE, reflecting growing interest and support from key players in the industry.

The SKATE/USDT pair on Bybit offers traders a new avenue to engage with the Skate token, enhancing accessibility and liquidity. This move is anticipated to attract a wider audience of investors and traders, potentially driving further adoption and usage of the Skate platform. The immediate availability of deposits ensures that users can prepare for trading activities well in advance, facilitating a smooth transition into the live trading environment.

Bybit's decision to list the SKATE/USDT pair underscores the exchange's dedication to providing a diverse range of trading options to its users. Known for its secure and efficient trading platform, Bybit is an attractive choice for both novice and experienced traders. The addition of the SKATE/USDT pair is likely to enhance Bybit's appeal as it continues to expand its portfolio of supported cryptocurrencies.

In summary, the listing of the SKATE/USDT pair on Bybit represents a strategic move by both the exchange and Skate to leverage the growing interest in the cryptocurrency market. With deposits now available and trading set to begin on June 9, 2025, this development is poised to positively impact the liquidity and accessibility of the Skate token. As the cryptocurrency landscape continues to evolve, such listings are crucial in shaping the future of digital assets and their integration into mainstream financial systems.

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