Business Daily Media

Men's Weekly

.

Top Cryptocurrency Exchange Bybit Launches Unified Margin Account

VICTORIA, SEYCHELLES - Media OutReach - 25 July 2022 - Bybit, the third most visited cryptocurrency exchange in the world, has launched its unified margin account for eligible users on July 25, 2022, with a full release to be expected in the near future.



Bybit's unified margin account offers a completely new derivatives trading structure. Users can use all assets under their account as collateral to trade USDT perpetual, USDC perpetual, and USDC options contracts.

Currently, the unified margin account supports USDT, USDC, BTC and ETH. More assets will be supported after the full release.

Under the new account, overall risks and assets will be calculated in USD terms. As long as the total maintenance margin (calculated as USD equivalent) under the account meets the requirement, the trader's positions will remain open.

Traders will be able to trade USDT perpetual, USDC perpetual, and USDC options contracts simultaneously via the unified margin account — without transferring assets back and forth across multiple accounts.

Traders' USDT, USDC, BTC, and ETH balances under the unified margin account will be calculated as USD equivalent based on their respective conversion ratio. The assets will then be used collectively as their position margin.

The profit and loss of all USDT perpetual and USDC perpetual contracts positions under the unified margin account will be combined and offset against each other. In other words, the loss incurred by one position may not trigger liquidation as long as the overall portfolio risk remains under a critical level.

Another feature of this account is auto-borrowing. If the available balance of an asset under the unified margin account falls below zero due to trades and/or market fluctuations, the system will process auto borrowing of the asset. No interest will be incurred if the amount to borrow falls within the interest-free range of the asset.

"Our new unified margin account affords Bybit users another powerful trading tool to enhance their trading experience and effectively manage portfolio risks," said Ben Zhou, co-founder and CEO of Bybit. "Our trading system allows our users to enjoy maximum profitability even in times of price fluctuations and unexpected market movements with Bybit's significant market depth and best-in-class liquidity. We are thrilled to add this new feature, which is one of the best capital efficiency features on the market. We are continually listening to feedback from our 6 million-strong user base, and this feature is another example of our pledge to continually improve our offerings."

After the full release, users will be able to manually upgrade to the unified margin account via OpenAPI and the PC trading site. Bybit's expert support staff will be on hand to answer any questions as they are 24/7 all day, every day.

Hashtag: #Bybit

About Bybit

Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.

For more information please visit:

For updates, please follow Bybit's social media platforms on










News from Asia

Japan’s Genre-Defying Creative Mixed Media Unit NIKO NIKO TAN TAN to Perform at Japan Expo Paris 2025

PARIS, FRANCE - Media OutReach Newswire - 4 July 2025 - NIKO NIKO TAN TAN, the creative mixed media musical unit that transcends genres with their blend of music, visuals, and art, just performed ...

Eid al-Adha in 2025: Octa broker's charity projects

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 4 July 2025 - Each year, Octa, a globally regulated and trusted broker since 2011, supports local communities in various regions through charity ...

AIA Hosts Healthcare Financing Summit To Foster Cross-Sector Collaborative Solutions for Hong Kong’s Healthcare Sustainable Future

HONG KONG SAR - Media OutReach Newswire - 4 July 2025 - AIA Hong Kong & Macau (AIA) hosted the inaugural Healthcare Financing Summit (the Summit) as an active step towards fostering cross-sect...

"Shanghai Cooperation Organization (SCO) National Bookshelf" Gets an Upgrade, with Four New Renowned University Sites

QINGDAO, CHINA - Media OutReach Newswire - 4 July 2025 – The 2024 Shanghai Cooperation Organization (SCO) National Publishing Industry Conference, successfully hosted by Qingdao Publishing Group, ...

Chubb Life Hong Kong Wins Five Awards at Bloomberg Businessweek/Chinese Edition "Financial Institutions 2025"

Celebrated for pioneering first-in-market features and integrated campaigns that reshape how Hong Kong plans for protection and legacy HONG KONG SAR - Media OutReach Newswire - 4 July 2025 - Chubb...

Wishpro Launches Advanced Magnetic Infusion Technology for Smarter Skin Management

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 4 July 2025 – Wishpro uses patented Magnetic Infusion Technology (MIT) to support deeper delivery of oil-based active ingredients. Designed to no...

MiLi Gears Up for Amazon Prime Day with Exclusive Deals on the MiTag Duo & LiTag Duo for Travel Gadgets Up To 30% Off

SHENZHEN, CHINA - Media OutReach Newswire - 4 July 2025 - MiLi is kicking off its biggest summer sale for Prime Day, July 8–11, with major discounts on all Bluetooth trackers...

The "Mystic Mountains and Rivers · Pursuing Dreams in Guizhou" Online Communication Special Event Makes Its Way to Malaysia

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 4 July 2025 - On July 4th, the "Mystic Mountains and Rivers · Pursuing Dreams in Guizhou" Online Communication Special Event was held in Kuala Lu...

Winners Announced at CoolThink@JC Competition 2025

HONG KONG SAR - Media OutReach Newswire - 5 July 2025 - The grand final of the ninth CoolThink@JC Competition, which encourages primary school students to leverage digital creativity to solve eve...

Angolan Diamond Leaders Endiama and Sodiam Join the Natural Diamond Council. De Beers Group Commits Additional Investment to Jointly Promote the Natural Diamond Industry.

HONG KONG SAR - Media OutReach Newswire - 7 July 2025 - Angola's two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to gener...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Sell by LayBy