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

web3

In this article, we'll explore how you can complete the Treasure Hunt with Black Myth: Wukong on Bitlayer DApp Center.

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 on the Bitlayer DApp Center and explore together with GamerBoom, Anome and PoPP to unlock exclusive Black Myth–themed treasures! On your treasure hunt journey you’ll not only find new ways of play with 

, but also unlock various treasures, including but not limited to the following:

: Bitlayer points will be redeemed after the event ends, and rewards from the project will be distributed according to the project's official announcements.

Complete GamerBoom Wukong’s Web3 Odyssey Tasks on DApp Center

: Complete the tasks listed on the page to win 1,000 GPT points and earn a chance to win from the 1,000,000 Bitlayer points prize pool. You can also 

: Navigate to the GamerBoom website and click on 

button at the top right corner of the page. You can choose your preferred login method: Email, Twitter, Telegram or Discord, or connect your wallet directly.

If you choose to connect your wallet directly, you’ll need to bind an email address to your account. This account will be used for GamerBoom Client login. To do so, simply click on the wallet address at the top right corner and enter your email address and verification code.

to download Wukong’s Web3 Odyssey. Please 

 that the software is currently only available for Windows systems.

: While waiting for the game to be downloaded, click on the 

tab on the left sidebar and bind your Twitter and Telegram accounts. Please 

 that you’ll need to bind your accounts first before you can start any tasks.

: Now that your accounts are linked, you can proceed to complete the Daily Sharing Quests and earn points. 

: After your game has been downloaded, launch the GamerBoom client and use your email and password to log in.

: Once you’ve logged in, you’ll be able to see your points displayed on the client’s interface. Start the game from the client, and the GamerBoom points orb will appear. All you have to do now is play the game and earn rewards!

Complete Anome Wukong Card Play Tasks on DApp Center 

: Complete the tasks listed on the page. The top 100 users will share a $20,000 airdrop of Anome tokens. If you’re in the top 20, you’ll receive an extra set of the 

game. Meanwhile, the first-ranked user will receive a physical set of 

Black Myth: Wukong Collector’s Edition. 

You’ll also have a chance to win from the 1,000,000 Bitlayer points prize pool. 

at the top right corner of the page and select 

: Once you’ve successfully switched networks, you’ll see a display of cards under each level. Each level will have a special card under the 

: Click on your wallet address and ensure that your wallet is under 

 that the game is only gas-free under the AA Address.

 that your wallet needs to have sufficient funds in USDT.

: You’ll need to mint at least five cards before you can start a game battle. To view all the cards you’ve minted, simply click on the 

icon on the left sidebar to enter the game mode.

in the top right corner of the page to select the cards you want to use in the battle. 

 that if fewer than five cards are shown, you’ll need to head back to the 

 page to acquire more cards, and click on 

under each card to complete the free authorization.

: Once done, return to the room interface and select a room to start the battle. All wallets used for playing cards will be in a gas-free state.

Complete PoPP Wukong’s Planet Tasks on DApp Center

: Complete the tasks listed on the page for a chance to win from the 1,000,000 Bitlayer and 200,000 PoPP SD prize pools. 

: Search for @PoPPtothemoon_bot on Telegram and tap on 

: Upon launching the mini app, the Telegram bot will assess your account value, based on multiple factors, and award you with SD, Probe and Initial Farm Duration. SD is the social energy of the PoPP ecosystem and plays an important role for token airdrops and token mining after token generation events.

button to start mining SD, which has a mining rate of 0.001 SD per second. 

 to collect your SD every once in a while by clicking on the 

button and restarting your farming. Please 

 that different users have different farm times.

The Home interface will periodically display that the small rocket has detected a new planet. 

: Tap on the planet to enter the Exploration interface, which will display the treasures you can obtain from the planet. 

button at the bottom, and the system will randomly draw a reward, such as an amount up to 2,024 SD, an ETH Box (which can be exchanged for cash rewards), Probes, or tokens such as MNT or USDC. For every planet that you explore, your Probe will decrease by one.

tab at the bottom of the screen to enter the Invitation interface. Then, tap on 

to refer your friends. Every successful referral will allow you to receive rewards, such as 15 SD and 10% of your friend’s earned SD from tasks, check-in and farming, one Probe, an instant one-minute of rocket farming time (with a maximum of 16 hours) and 20% of the Star they’ve paid. 

Once you’re a PoPP TBA holder, you’ll be able to enjoy the following bonuses in the game:

How to Complete the Treasure Hunt With Black Myth: Wukong on Bitlayer DApp Center

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards