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Every smart trader knows it’s crucial to create subaccounts to ensure greater trading efficiency. Subaccounts are mini-accounts under a main account that can help you compartmentalize your assets and investments, giving you better control over the management of your trades.
Bybit also offers a Subaccount option for you to achieve your different trading objectives. Also, starting in July 2024, you can enter Bybit trading competitions (such as WSOT and Copy Trading Titans) using your Subaccounts, introducing a new level of organization and fairness to the competitive trading landscape. Curious to learn more about how Bybit Subaccount can help you with your trades? Read on to find out.
Key Takeaways:
Bybit Subaccount is a free smaller account under the wing of a master account, the Bybit Main Account.
There are three types of Subaccounts on Bybit: Standard Subaccount, Custodial Trading Subaccount and Islamic Subaccount.
Up to 20 Standard Subaccounts can be created for trading purposes, with up to four eligible for trading competition use.