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

Bybit Guide

Here's the step-by-step guide for you to withdraw the funds from your Bybit spot or derivatives wallet easily.

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Looking to withdraw some of the profit you've earned from trading on Bybit? There are two ways you can go about doing it, depending on whether you’re making an on-chain transfer to another exchange or wallet, or an internal transfer.

Regardless of whether you’re making an on-chain or internal transfer on the web, go to 

 at the top right-hand corner of the home page and click on 

 from the drop-down list. Then, click on 

in the column of the currency you want to withdraw, or the 

Log in to your Bybit account and click on 

 at the top right-hand corner of the home page. Then, click on 

Bybit supports withdrawals for coins listed on the Spot Assets page or the Funding Assets page with an available Withdrawal button.

button of the corresponding account you would like to withdraw from.

 You will be able to select the account from which the withdrawal will be performed in the Withdrawal window. You can click on the 2 arrows icon to transfer assets from your other accounts to your Funding or Spot Accounts if needed.

Select the coin to withdraw as well as the withdrawal wallet address. You can either: 

If you haven’t added a withdrawal address yet and would like to do so, please click on 

 to set up your withdrawal address. For more details, please refer to 

 Choose the type of chain you would like. You will see the withdrawal fee amount for each blockchain network accordingly.

 Input the amount you want to withdraw, or click on 

 to make a full withdrawal. Once the chain type is selected, the minimum withdrawal limit for this particular coin and blockchain network will be displayed on the right side of the withdrawal window.

 and you’ll be directed to the withdrawal verification page. The following two verification steps are required: Email verification and Google Authentication if your wallet address is not verified.

If your address is verified in the Withdrawal Address Whitelist, you won’t need to go through the 2FA verification process, and you can submit the withdrawal request as below. To verify your withdrawal wallet address, you can follow this 

 To retrieve your email verification code, click on 

 and drag the slider to complete verification.

 An email containing your email verification code will be sent to the registered email address of your account. Please enter the verification code you’ve received.

 Please enter the 6-digit Google Authenticator 2FA security code you’ve obtained. 

. Your withdrawal request has been successfully submitted!

How to Withdraw Assets via Internal Transfer

 at the top right-hand corner of the home page and go to your 

 in the column of the currency you want to withdraw.

 Withdrawals will only be performed via your Funding or Spot Account. If you want to withdraw your assets from other accounts, please transfer assets from other accounts to your Funding or Spot Account by clicking on 

 Please select or fill in the following parameters to submit your withdrawal request:

Please ensure all information is correct before clicking on 

 and you’ll be directed to the withdrawal verification page. The following two verification steps — email verification and Google Authentication — are required if your email address and/or mobile number are not yet verified. To learn more about how to manage your withdrawal security, please refer to this page.

 and drag the slider to complete the verification. An email containing your email verification code will be sent to the registered email address for your account. Please enter the verification code that you’ve received.

 If you have not received the email, please check your spam folder or refer to 

. The verification email is only valid for five minutes.

To view your internal transfer history, please head to your 

 column. If you are the recipient, select 

How long does it take to withdraw my funds?

Bybit supports immediate withdrawal. Instant withdrawal may take up to 15 mins to process. However, please note that in the event of high network congestion, withdrawals may take a longer time to process.

Once you’ve successfully submitted a withdrawal request, all the remaining bonuses in your account will be cleared to zero. Traders can check their withdrawal status via this link: 

Understanding the Withdrawal Status at the History

Is there a maximum amount limit for a single instant withdrawal?

Currently, yes. There's a limit on withdrawal for users that resets daily at 00:00 UTC.

The table below denotes the maximum amount of USDT that can be withdrawn at each KYC level. Note that a fixed withdrawal fee will be charged, regardless of the amount withdrawn.)

While VIP users are automatically given higher withdrawal limits, you can manually change your limit by clicking on 

. Please take note of the various withdrawal fees that are incurred for all withdrawals of any amount from Bybit. Traders can refer to the minimum withdrawal and fees stated at the withdrawal pop-up window, depending on the selected chain for funds withdrawal.

Using USDT as an example, depending on the Chain Type, the fee differs.

Withdrawal fees on Bybit are not included in the amount indicated on the screen. Therefore, users need to factor in the fees indicated to determine the final withdrawal amount. However, traders can choose to click on the 

button to withdraw all of their funds, and the system will automatically adjust the final amount, including the incurred fees.

Is there a minimum amount for deposit and withdrawal?

What do I do if my Bybit account is restricted from funds withdrawal?

There are several reasons your account may be temporarily suspended from funds withdrawal. This could be because we’ve detected suspicious activity in your account, or because the transaction does not fulfill our T&C.

Some of the following could trigger withdrawal restrictions for 24 hours:

For more information, please refer to Common Reasons for Unsuccessful Withdrawal Request Submissions.

If your account remains locked for over 24 hours, please seek help from our dedicated 

. Alternatively, you can seek self-directed assistance on 

How to Make a Withdrawal From Bybit

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards