KEY TAKEAWAYS
- Bybit is set to list Solayer (LAYER) on its Spot Trading Platform, with trading starting on January 21, 2025.
- Solayer enhances the Solana blockchain’s scalability through innovative technology, including multi-execution clusters and hardware acceleration.
- Traders can prepare for the LAYER listing by topping up their USDT balance using various methods provided by Bybit.
- Bybit offers educational resources to help traders stay informed about new cryptocurrency listings and market trends.
Bybit has announced the upcoming listing of Solayer (LAYER) on its Spot Trading Platform. The listing process will commence with deposits opening on January 20, 2025, at 10:00 AM UTC. Trading for LAYER will begin on January 21, 2025, at 8:00 AM UTC, followed by the opening of withdrawals on January 22, 2025, at 10:00 AM UTC.
Deposits and withdrawals for LAYER will be available via the Solana network, providing users with a streamlined process for managing their assets.
Understanding Solayer’s Technology
Solayer is designed to horizontally scale the Solana blockchain, incorporating in-app restaking and hardware-accelerated blockchain technology. This innovative approach features a multi-execution cluster architecture that is connected via Software-Defined Networking (SDN) and Remote Direct Memory Access (RDMA). This configuration aims to achieve a data transfer rate of 100 Gbps while maintaining an atomic state, enhancing the scalability and efficiency of the blockchain.
For more information about Solayer and its listing on Bybit, you can visit the official announcement here.
Key Details for Traders
Traders interested in acquiring LAYER can prepare by topping up their USDT balance through various methods offered by Bybit. These include buying USDT via One-Click Buy, making a fiat deposit, purchasing USDT through peer-to-peer (P2P) transactions, or depositing USDT directly into their wallet.
Bybit also offers educational resources through its Bybit Learn platform, providing insights and updates on cryptocurrency, including new coin listings. This initiative aims to help traders stay informed and make educated decisions in the dynamic crypto market.
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Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
 on its Spot Trading Platform. Deposits open Jan 20, 2025, with trading starting Jan 21. Learn more about Solayer's tech.){kind=link}