Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced Manual Borrowing on its Unified Trading Account (UTA) for margin trading, offering traders a new level of control and flexibility for leveraged strategies. This feature allows users to proactively borrow assets and hold them ahead of trading activity, complementing the existing Automatic Borrowing option and giving traders more strategic freedom.
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Manual Borrowing addresses one of the key challenges in margin trading: the unpredictability of asset availability during periods of high market activity. By enabling users to secure borrowable assets in advance, traders can lock in leverage according to their needs, ensuring they don’t miss out on opportunities due to liquidity constraints or fast-moving markets. This proactive approach allows strategies to remain executable even during highly volatile conditions, giving traders confidence and peace of mind.
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The feature integrates seamlessly into Bybit’s Spot trading interface through a dedicated “Borrow” tab. Traders can select the tokens and amounts they wish to borrow, confirm their requirements, and receive assets directly into their UTA for immediate use in margin trades. This makes the process smooth, efficient, and convenient for all users, regardless of their trading experience.
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Bybit designed Manual Borrowing as part of its ongoing commitment to building a comprehensive trading solution for UTA users, catering to their evolving needs at every stage of the trading journey. With this enhancement, Bybit UTA now supports both Manual and Automatic Borrowing. While Automatic Borrowing provides one-click leverage at the time of trade execution, Manual Borrowing enables strategic planning and a more personalized approach, empowering traders to execute sophisticated strategies with greater confidence and control.
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