The Bybit Unified Trading Account allows you to trade multi-currency, Spot, Spot Margin, USDT and USDC Perpetuals, USDC Options and USDC Futures in a single account. Read on to find out all about its benefits.

Cryptocurrency is a revolutionary asset class that keeps evolving, and exchanges like Bybit continuously seek to provide users with better and more robust solutions. Many users typically manage multiple accounts on a trading platform. As Bybit's product line expands into 

, you might wish to unify your accounts for better trade optimization. With the Bybit Unified Trading Account, you will now be able to manage all your assets and funds in one account.

Bybit's Unified Trading Account is open for all traders and users alike to access better risk management, higher capital efficiency, 

, and enhanced flexibility. Let's take a look at how the Unified Trading Account works.

The Bybit Unified Trading Account (UTA) enables easy and efficient trading by allowing users to consolidate assets and trade multi-currency, Spot, Spot Margin, USDT and USDC 

All assets can be consolidated without transferring assets between accounts for a comprehensive range of trading products and margins using their U.S. dollar-pegged value. This means that traders can now automatically borrow different cryptocurrencies if the overall portfolio value is sufficient. For instance, even if you don't have ETH in the account, you can still settle trades in ETH – ETH liability is automatically generated, and interest is charged, if applicable.

The Unified Trading Account calculates overall risk and assets on a USD basis at an account level. Given distinct liquidity profiles, assets will be converted at different rates into USD. The USD value of your Unified Trading Account is based on the following calculation:

Total Asset Value (in USD) = Number of Assets × USD Index Price × Conversion Ratio

Your profits and losses are netted within your account and margining is determined across assets. That way, losses on a single position will only trigger liquidation if the account maintenance margin has not been met.

Advantages of Bybit Unified Trading Account

Bybit offers a range of advanced trading products, including Spot, Perpetual contracts and USDC Options, often with generous 

. The Unified Trading Account allows you to manage multiple assets across the crypto ecosystem in one portfolio.

Users can access more than 70 assets as collateral, such as USDT, USDC, BTC and ETH. These assets serve as margin collateral calculated on a total account level rather than for each position. The system automatically calculates the available margin based on the prevailing conversion rate.

Traders can transfer all accepted cryptocurrencies into a UTA and trade any currency, as long as the account has sufficient funds overall.

If you lack sufficient margin for trading, the account will trigger 

. Auto-borrowing is put into effect in several scenarios:

If any of these scenarios occurs, the system automatically processes the borrowing of the necessary asset. The borrowed amount is interest-free within a specified range. For example, assume that Trader A has BTC in his account, but no USDT. When Trader A opens a USDT Perpetual contract and generates a trading fee of 10 USDT, the system will auto-borrow 10 USDT and count it as Trader A's liability. If the borrowed amount exceeds the interest-free amount range, interest will be charged on all liabilities, and hourly interest payments will automatically be made.

The Bybit Unified Trading Account promotes the efficient use of assets in the following ways:

Risk management is particularly robust because the margin is calculated at the account level rather than on the position. Trading profits and losses will offset one another, and you can avoid risk amplification because single losses don't necessarily trigger liquidation. Further, you can apply risk management strategies across a diversified portfolio, thereby improving your risk profile. 

The Unified Trading Account also includes 

, which protects your trades by allowing you to hold both long and short positions on the same asset, thereby mitigating potential losses during market fluctuations. Meanwhile, 

 ensures that your account is protected by offsetting profits and losses, thus preventing single losses from triggering liquidation.

UTA offers three specific margin modes tailored for different levels of trading experience, as follows:

Both Isolated Margin and Cross Margin support One-way and Hedge Modes, with the Hedge Mode only applicable to USDT Perpetual contracts. Meanwhile, Portfolio Margin supports only One-way Mode. 

Who Should Use Bybit Unified Trading Account?

The Bybit Unified Trading Account is ideal for all traders, as it provides convenient one-click access to our six core trading products. Moreover, the account's functionalities are simple to use and relatively suitable for all traders, from retail spot traders to institutional traders who prefer a consolidated account.

. You can access the account via the Bybit app, website or API. The UTA comes with the benefits of a 

, offering users access to more trading assets in one account and a simplified method to trade Spot and Derivatives and manage their portfolios on Bybit.

If you’re looking for cross-asset trading and margining of Spot leverage, Perpetual contracts, USDC Options and USDC Futures, The Bybit Unified Trading Account will bring to you all of these functions with simplicity of use. What’s more, you will also get to enjoy higher capital efficiency and full portfolio visibility. So, to enjoy the flexibility and convenience of owning a single account, make sure to upgrade to a consolidated UTA today!

Beginner

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What Is Bybit Unified Trading Account and How Does It Work?

Solana has unveiled its new smartphone, the Solana Seeker, which is scheduled for a mid-2025 release and has already garnered 140,000 pre-orders.

The SPX index was up by 1.7%, reaching a new record high after a Federal Reserve rate cut of half a percentage point and optimism about a potential "soft landing" for the U.S. economy. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.69%, with Bitcoin and Ether rising by 5.33% and 6.07%, respectively in the past 24 hours.

Today's top performer is ALT, which surged 17.8% following AltLayer's partnership with Trestle Protocol to launch a modular rollup chain.

AltLayer (ALT), founded in 2021, is a blockchain platform that simplifies the creation and enhancement of Layer 2 rollups, addressing issues such as insufficient validators, slow Ethereum finality, and centralized sequencing. It offers a Rollup-as-a-Service feature for quick, customizable rollup deployments without coding. 

 to launch its rollup chain, utilizing Celestia's infrastructure and Arbitrum's AnyTrust technology. This collaboration highlights the potential of modularity in DeFi, aiming to enhance the ecosystem on Trestle with AltLayer's rollup infrastructure.

Check Out the Latest Prices, Charts, and Data of 

Solana has unveiled its new smartphone, the 

, which is scheduled for a mid-2025 release and has already garnered 140,000 pre-orders. With a price tag of $450—less than half of its predecessor, the Saga—the Seeker boasts upgraded features, including a premium display, better cameras, and a longer-lasting battery. Geared primarily toward crypto enthusiasts, it includes a built-in Seed Vault for secure storage and a custom software wallet. Each Seeker will also come with a Genesis NFT, offering rewards and exclusive experiences. Solana Mobile plans to refine the product through user feedback before expanding to a broader audience.

Yesterday, the total flow for BTC Spot ETFs was $158.3 million, with all of it coming from non-GBTC sources, as GBTC recorded no flow.

, an AI infrastructure company developing the first open-source Personal Intelligence Network (PIN), has launched its inaugural Galxe Quest campaign, "Introduction to PIN AI." Participants can complete simple tasks such as following on social media and joining Discord or Telegram for a chance at a potential airdrop. The campaign is live until October 2nd. PIN AI recently raised $10 million in pre-seed funding, backed by investors including A16z, Nomad, and Symbolic Capital.

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Solana Unveils Seeker Smartphone with Enhanced Features and Strong Demand

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

Embark on a strategic quest within the world of 

 where mastering daily Morse code puzzles enhances your prowess as a crypto exchange mogul. These challenges not only hone your cognitive skills, but also unlock significant rewards to boost your in-game progress.

, presenting you with a challenge to decipher a Morse code. Successfully solving these puzzles not only bolsters your coin reserves, but also refines your strategic thinking, crucial for excelling within the game’s ecosystem.

Today’s Hamster Kombat Daily Cipher: Sep 20, 2024

 Daily Cipher for Sep 20, 2024, is as follows:

 —•••   —•— —   —•••   ••   —

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

 by trying out the following strategies: 

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today’s Daily Cipher, alongside the diverse interactive activities available in 

 offers ample opportunities to not only boost your coin balance but also deepen your engagement in the game. Each successfully decoded puzzle does more than enhance your financial resources; it also sharpens your mental acuity, enriching every session with both intellectual and monetary gains.

Stay tuned for ongoing updates and expert strategies to maintain your competitive edge in the exciting and ever-evolving world of 

Intermediate

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A Guide to Hamster Kombat's Daily Cipher Code (Sep 20, 2024)

Explore our article to find out what’s the combination for today’s Hamster Kombat’s Daily Combo Cards.

, the compelling tap-to-earn game on Telegram where strategy meets fortune. Today, we present a fresh guide to mastering the Daily Combo challenge, a critical game feature that can significantly boost your coin earnings through thoughtful card selection.

 is a pivotal daily challenge that grants players a chance to win 5 million coins by selecting the right set of three cards from diverse categories including Markets, Legal, PR & Team, Web3 and Specials. This selection is refreshed daily at 12PM UTC, ensuring the gameplay remains intriguing and rewarding.

Today’s Hamster Kombat Daily Combo: Sep 20, 2024

 today, Sep 20, 2024, choose the following cards:

Remember to check out our daily guide at 12PM UTC for the correct combination of cards in order to earn 5 million coins.

Expand your earnings with these additional strategies:

Looking to get your hands on the HMSTR token? Bybit now offers HMSTR via Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

remains a dynamic platform for earning coins through Daily Combos, ongoing missions, passive income opportunities and exciting mini games. The strategic selection of today’s cards — “License Japan,” “Security audition” and “Stacking” — is designed to optimize your returns. As the HMSTR token prepares for launch, engaging early with Bybit Pre-Market Trading can offer substantial strategic benefits.

Stay tuned to this page for continuous updates and expert advice to refine your gameplay and significantly enhance your coin reserves!

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A Guide to Hamster Kombat's Daily Combo Cards (Sep 20, 2024)

Bybit Learn

Blockchain

Explainers

Altcoins

Aethir is a distributed GPU computing solution providing a cloud infrastructure that allows businesses to access powerful graphics processing units.

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 industry promises to provide a lot of exciting new technologies. However, it's important to keep in mind that web3 products aren't always lines of code. Just like traditional computing, web3 designs still need to be run on reliable, effective computer hardware. 

Aethir hopes to provide new businesses with computing assistance by offering convenient connections to graphics processing units (GPUs) and supporting an explosion of web3 growth. Keep reading to check out Aethir's business model and see how it can benefit investors.

 is a distributed GPU computing solution for web3 products. It provides a cloud infrastructure that allows businesses to access powerful graphics processing units capable of running their games, AI models and other designs.

Aethir was founded in 2021 by Mark Rydon and Daniel Wang. Wang is a blockchain advisor who has worked with multiple web3 games, while Rydon is a venture capitalist with an interest in digital and traditional gaming. During their time in the blockchain industry, they started to notice a need for better GPU services. 

, Aethir's founders began working to create a new method for matching GPU owners with web3 projects that need more computing power. 

Aethir's mission has attracted support from many reliable organizations. The project is backed by NVIDIA, one of the leading producers of computer GPUs, and Aethir has partnered with CARV, the largest modular data layer in the AI gaming ecosystem. Aethir has also raised over $9 million worth of funding through various investors.

Aethir was designed to tackle one of the most common problems in the web3 space: currently, many sectors such as AI and gaming have great ideas but struggle to develop their concepts. Processing all the lines of code and turning that into realistic graphics and appealing images takes a lot of expensive equipment that the average startup doesn't have.

Aethir realized that many commercial GPUs are underutilized. While data centers often focus on providing CPU power, their GPUs sit idle. Aethir provides a simple way of connecting to this idle GPU processing power in order to make it fast, easy and affordable for any web3 project to purchase graphics processing services from Aethir’s decentralized computing infrastructure.

Aethir is a decentralized cloud infrastructure that relies on a series of connected nodes that communicate wirelessly. In addition to its hardware and coding, the Aethir platform also uses the blockchain technology of the 

 chain to manage its user acquisition costs and distributed GPU computing. 

Aethir’s main framework consists of a container, an indexer and a checker. The indexer matches users with GPUs that fulfill their requirements, and the container sends rendering services remotely through the cloud. The checker records transactions, organizes services and regulates container usage. Aethir’s network also employs these mechanics to provide its users with effective GPU services. 

 method. The network consists of multiple checker node operators who handle GPU tasks individually. Every 15 minutes, a collection of nodes is checked for quality. Each node operator who performs quality work is then selected to work with users. This system functions like a modular data layer that ensures user acquisition costs are paid and members get effective GPU services. 

Aethir recognizes that one-size-fits-all services aren't optimal. Instead of pooling all GPU resources, each node operator is an individual resource. Aethir matches node operators into containers that perform specific applications, and then pairs them with projects that require their specific graphical requirements and processing speeds. 

From a modular data layer integrated into its system to its decentralized cloud infrastructure, Aethir offers many important services. Following are some of the features users can explore through the Aethir platform.

 are an essential part of handling Aethir’s cloud gaming enterprises. People can sign up to be Checker Node operators if they want to earn money from their idle GPU processing power. Each node operator ends up providing the computer power that ends up doing things like rendering a game or running an artificial intelligence (AI) model.

Aethir Edge is a computing service integrated into the main Aethir cloud. It allows even more in-depth GPU provision than Aethir Checker. It’s also a hardware service that helps manage the decentralized network of GPUs. Users who sign up to run an Aethir Edge device earn even more rewards than standard Aethir Node operators.

Aethir Earth is the cloud-based portion of Aethir's GPU computing options. People interested in getting processing assistance can sign up to enjoy wireless processing without needing to own any pricey hardware. Fees for Aethir Earth's GPU computing vary based on the number of other people bidding for service.

Aethir's rendering services are ideal for game designers. People who purchase from Aethir’s GPU cloud to run a game also get access to helpful software tools for designing gaming items. To assist with running games, Aethir has even integrated the largest modular data layer in the web3 ecosystem into its program: with CARV, users can explore a variety of services for safeguarding privacy and monetizing data. 

 is an airdrop program designed to reward users who interact with Aethir's blockchain technology. Aethir data generates badges based on community activities in which users participate, such as referring other users or participating in the integrated CARV modular data layer. People with more badges then climb a leaderboard based on their scores. Ultimately, tokens will be distributed based on leaderboard positions. Aethir has committed 630 million tokens to this airdrop, and users have until Aug 11, 2024 to claim their prizes. 

After a few years of building its technical foundation, Aethir's decentralized network is finally operational. Now that its data generates helpful graphics for gaming and AI services, Aethir is hoping to expand its ecosystem. In 2024, Aethir hopes to 

 by launching a token and onboarding more nodes and businesses. The network’s long-term plan also includes improved technological services, such as tailored order management operations and additional AI security protocols. 

The ATH token is designed to assist with transactions, incentivize users, develop the platform and regulate ecosystem governance. Its total supply of 

Aethir has only been on the market since early June 2024, but it's already experienced multiple changes. ATH’s price has soared as high as $0.1185 and gone as low as $0.03. This price movement has attracted some positive attention online, and many crypto enthusiasts are saying that 

. Market analysis from CryptoTicker suggests that ATH prices 

Looking to trade Aethir tokens? Bybit now offers the ATH/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 7,800,000 ATH and 50,000 USDC prize pools. The 

 who complete the following two steps through Jun 26, 2024, 8AM UTC will receive 500 ATH each:

Also, through Jun 26, 2024, 8AM UTC, simply trade at least 1,000 USDT worth of ATH on Spot to grab a share of the 1,300,000 ATH prize pool. The more you trade, the larger your share of the prize pool. Rewards will be capped at 26,000 ATH per user.

Finally,invite your friends to sign up on Bybit using your referral code through Jun 26, 2024, 8AM UTC and join the ATH 

 (Event 1 or 2). You'll receive 5 USDC for every successful referee, and you can receive rewards for up to 10 successful referees.

. Held through Jul 12, 2024, 10AM UTC, stake between 3,000 ATH and 40,000 ATH with Bybit Fixed Savings and you’ll be able to earn up to 150% APR. 

Rewards will be distributed on a first-come, first-served basis.

ATH's investment potential depends upon your priorities. The token is backed by a reliable project offering a highly in-demand service, so it has considerable intrinsic value. Furthermore, most pricing analysts believe Aethir is poised for mild but positive growth over the next several months, making ATH a good choice for investors who prioritize long-term growth and stability. 

However, if you're looking for dramatic price rises, ATH might not be for you. The token doesn't have a lot of market interest at the moment, so its trading volume remains relatively low. Moreover, every new crypto project comes with some volatility, and the Aethir ecosystem hasn't proven its staying power yet. Investors need to remain cautious and make sure they only invest funds they can afford to lose. As always, 

Ultimately, the Aethir ecosystem provides a fascinating look at how decentralized computing could change the internet. By harnessing idle GPU processing power, Aethir makes it easier for cloud gaming enterprises and AI services to operate. Although Aethir is still working on improving its modular data layer and needs to attract more gaming and AI clients, it’s off to a promising start.

Aethir (ATH): Powering Next-Gen Gaming & AI With Decentralized Cloud Tech

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards