Bybit Funding vs. Derivatives vs. Unified Trading Account: Multi-Asset Trading Under One Account

Bybit, a leading cryptocurrency exchange, has revolutionized the crypto trading space with its innovative and user-friendly platform. With its diversified trading accounts, users have the opportunity to trade various digital assets, such as spot and derivatives, all under one roof. Whether you're a battle-hardened crypto veteran or just cutting your teeth in crypto trading, Bybit Spot, Derivatives and Unified Trading accounts have something for everyone. In this article, we'll dive into the details of these trading accounts and what makes each one different.

How Does the Bybit Funding Account Work?

With a Bybit Funding account, users can buy cryptocurrencies at the market or spot price and hold them in their account balance, hoping their values appreciate. 

To start trading on Bybit Spot, first register and deposit money to fund the account. Bybit conveniently supports a range of deposit methods, including transferring crypto from your wallet and purchasing with fiat currency (credit/debit card, fiat deposit or P2P trading). With the account funded, you can access the spot trading pairs and place orders to buy or sell digital assets. 

Bybit uses a secure and transparent order-matching system to execute trades and provides real-time market data to help users make informed trading decisions.