Bybit Announces New SIGN/USDT Trading Pair Listing

Bybit has announced the listing of the SIGN/USDT trading pair, with deposits opening on April 28, 2025. This will be accompanied by a 6,000,000 SIGN prize pool on the platform.

The listing is expected to encourage trading activity and stimulate engagement, though no immediate impact on major tokens like ETH or BTC is expected. Bybit’s incentive initiatives often drive short-term trading volume surges.

The listing has been officially endorsed by Bybit’s leadership, with deposits opening for SIGN on April 28, 2025. Bybit’s official announcement marks an incentive-heavy introduction to increase activity.

“Bybit is excited to announce the upcoming listing of SIGN on our Spot trading platform. Listing timeline: SIGN deposit: Opens on Apr 28, 2025.” – Bybit Announcement

Both Bybit, founded by Ben Zhou, and the SIGN project have taken no notable additional public actions beyond this listing initiative. Leadership from both parties remained silent on wider impacts.

While SIGN-specific market data remains unissued pre-listing, industry reactions often involve temporary volume increases following prize pool introductions. Such moves are a staple in market dynamics.

Past implementations by Bybit of similar promotional activities have increased trading volumes. However, without notable changes to SIGN’s market fundamentals, regulatory outcomes remain speculative.

Market movements are expected post-listing, potentially impacting survival and performance metrics under new trading conditions. The prize pool serves as a catalyst for initial high turnover on the SIGN/USDT pair. Bybit’s strategic listings typically attract new traders.