Bybit TradFi: Zero-Fee mode vs. Tight-Spread mode explained
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Bybit’s TradFi platform offers you a simplified and flexible way to access trading opportunities for a wide range of traditional financial asset classes. You can trade gold and silver, other commodities, stocks in the form of contracts for difference (CFDs), market indices and forex pairs on TradFi using your Tether (USDT) funds as collateral. TradFi functions as an essential bridge between the worlds of crypto and traditional finance (TradFi), offering you a much higher degree of accessibility compared to trading these assets on stock and commodity exchanges.
To more closely align your platform experience with your trading style and preferences, Bybit has introduced two TradFi account modes: Zero-Fee and Tight-Spread. In this article, we’ll cover the key differences between the two modes, their intended target audiences, trading styles that suit each mode and the ways to switch between them on the Bybit App and Bybit’s desktop trading platform.
Key Takeaways:
Bybit TradFi is a platform that lets you trade traditional financial assets, such as stocks, forex pairs, precious metals, other commodities and market indices using your USDT funds as collateral.
TradFi users now have access to two alternative account modes: Zero-Fee and Tight-Spread.
In Zero-Fee mode, commission fees for TradFi orders are integrated into the spreads you see, with no additional commissions to pay. Meanwhile, Tight-Spread offers narrower spreads but commission fees are calculated and applied separately.