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

Bybit Unified Trading Account.png

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.

3.png

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

hamster kombat daily cipher code.png

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!

hamster kombat daily combo.png

A Guide to Hamster Kombat's Daily Combo Cards (Sep 20, 2024)

Bybit Learn

Bybit Guide

Bybit’s One-Click Buy lets you sell and buy cryptocurrency assets using fiat currencies with a single click.

2401-T16454_Skinny_Banner_for_Blog_and_Learn_Row_53_728x90.png

Bybit_One-Click_Buy_View_Asset.jpeg

Buy_Coins_-_Bank_Card_1.jpeg

Buy_Coins_-_Bank_Card_2.jpeg

Buy_Coins_-_Bank_Card_3.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_1.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_2.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_3.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_4.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_5.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_6.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_7.jpeg

Buy_Coins_-_Apple_Pay-Google_Pay_8.jpeg

Buy_Coins_-_Fiat_Balance_1.jpeg

Buy_Coins_-_Fiat_Balance_2.jpeg

Buy_Coins_-_Fiat_Balance_3.jpeg

Buy_Coins_-_Third_Party_1.jpeg

Buy_Coins_-_Third_Party_2.png

Buy_Coins_-_Third_Party_3.png

Buy_Coins_-_P2P_1.png

Sell_Coins_1.png

Sell_Coins_2.png

Skinny_Banner-1600x400.webp

Buying and selling crypto can be as easy as the click of a button. With Bybit, you can easily buy and sell crypto using fiat currencies with a single click in not just one, but 

 ways via One-Click Buy: Bank Card Payment, Apple Pay/Google Pay, Fiat Balance, Third-Party Payment or P2P Trading. 

This article will discuss One-Click Buy’s unique features, answer some frequently asked questions and provide an in-depth guide to using it to buy and sell crypto assets.

One-Click Buy is a Bybit exchange feature that allows you to effortlessly buy and sell cryptocurrency assets with just one click.

 As highlighted above, there are five supported payment methods: Bank Card Payment, Apple Pay/Google Pay, Fiat Balance, Third-Party Payment and P2P Trading. The steps of these payment methods vary, and will be explained in the next section.

The coins you buy will be deposited into your account within 10 minutes of your payment, and at most within 24 hours. If your order has expired despite a successful payment, your transaction will be refunded after seven days.

One-Click Buy is only available via the Main Account. You can choose to make purchases in your Main Account and transfer the assets to your 

Regardless of which method you use to buy crypto coins, you’ll first have to click on 

 at the top left corner of the navigation bar to enter the 

Next, you’ll need to place an order. First, select the fiat currency you wish to pay with and the crypto you want to receive, and enter the amount that you wish to purchase. You can either use the recommended payment method that Bybit curates, based on the current best exchange rate, or select your preferred payment method. 

There are two things to note. First, the payment methods displayed on the order page will vary, depending upon your selected coin and fiat currency. Secondly, Bybit isn’t involved in calculating the exchange rates, which are provided by Bybit’s service partners.

When your transaction is complete, you can check your balance by clicking on 

To buy crypto via bank card payments, select 

Enter your bank card details and click on

Bybit currently supports all Mastercard and Visa cards. If you’ve already added your card, you can proceed to choose the card you’d like to use and click on

: Verify your order details and click on 

 to process your order. It’s important to note that the price indicated on this page will be refreshed every 30 seconds.

: While your order is being processed, you may be prompted to enter a one-time passcode or confirm the transaction from your bank app. The crypto will be credited to your account immediately upon successful completion of the transaction. 

Besides your bank card, you can now easily buy crypto using Apple Pay and Google Pay (till Aug 30, 2024, you can also 

 when you purchase crypto using Apple Pay). 

Please note that this feature is only available in 

: Choose the deposit account and check the payment details carefully before confirming your order. 

: To link your Apple Pay/Google Pay account for the initial deposit, click on 

: When you’ve successfully added/chosen your bank card, click on 

: Enter the security code for your selected card and click on 

: For your current deposit in Google Pay you may need to add a billing address, which will be stored once the transaction is completed. 

If you wish to pay using your fiat balance on Bybit, you must first transfer fiat currency to your Bybit 

. Note that, depending upon the fiat currency and payment method selected, there may be fees associated with your fiat deposit.

After making the deposit, you can proceed to buy crypto. 

: Using BRL/USDT as an example, first select the fiat currency with which you wish to pay (in this case, BRL). Next, select the coin you would like to receive in your Funding Account and enter the purchase amount, based on fiat currency amount or coin amount, according to your preferences. Then, select 

. Note that the reference price will refresh every 30 seconds.

: Confirm that the details you’ve entered are correct, and then click on 

. Once your transaction is complete, the crypto coin will be deposited into your Funding Account within one to two minutes. 

Currently, there are three types of crypto that are accepted via third-party payment: 

: After selecting the fiat currency and deposit amount, pick a payment method listed under

 deposit page, you’ll be prompted to select the fiat currency you want to pay in and the coin you would like to receive in your Bybit account. A list of sellers with reference quotations will appear, according to the fiat currency and crypto coin you’ve selected. 

: Upon picking your preferred service provider, you’ll receive the following payment details, as shown in the reference image below. After checking the details, acknowledge the disclaimer and click on 

. You’ll be redirected to the third-party payment provider’s official webpage to complete the transaction.

Buying coins via P2P trading streamlines the process. Instead of navigating through a long list of sellers to choose your preferred advertisement, you can match with the top-featured sellers with just one click. Simply select your preferred seller listed under P2P, and Bybit will help you match the best offer. You can then proceed with the rest of the P2P transaction (as detailed 

Just as with the process of buying coins described above, the payment methods displayed on the order page will vary, depending upon the coin and fiat currency you’ve selected. You’ll first need to transfer your funds to your Funding Account before selling your coins. 

 to start your transaction. First, select a coin to sell and the fiat currency you wish to receive. Then, enter the amount of coins you want to sell, or the amount of fiat you wish to receive. You can choose the recommended payment method, or pick your preferred one. 

Ensure all your information is correct before clicking on the

If you wish to sell ​​your fiat currency directly to Bybit, it will be converted to crypto at the exchange rate provided, and credited to your Funding Account. 

If you wish to exchange your crypto for fiat currency with another Bybit trader via P2P, similar to the process of buying coins you can select your preferred advertiser listed under P2P, and Bybit will help you match the best offer. After that, you can proceed to complete the transaction (as detailed 

Yes. An Individual Identity verification of at least Level 1 is required, and will take approximately 15 minutes to process.

The transaction limit will vary, depending upon your Identity Verification level (i.e., Level 1 or Level 2). The table below shows the limit for each level, which depends upon the number and frequency of orders:

How to Buy and Sell Crypto Easily With Bybit One-Click Buy

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards