Bybit is an exchange where you can trade with high leverage. However, it is also a fact that you have to be careful because you can aim for big profits, but there are also big risks. Please understand it in advance and make a transaction.
leveraged trading
I will explain Bybit’s leverage below. Bybit has a wide variety of stocks among overseas exchanges, and leverage varies depending on the method of trading, ordering, and ordering stocks. Regardless of whether it is a limit order or a market order, set the leverage by considering the amount and loss. There are various leverages such as 25x, 50x, and 100x. This can be changed, and we will explain how to do it below. It is recommended to start with a small number of users.
There are bonuses and campaigns
Bybit offers bonuses and campaigns, so you can use these rewards for leverage trading. You can also trade popular stocks such as BNB, DOT, and BTCUSDT. Bybit has many attractive features, so it is recommended for both new users and advanced users. There is a compulsory loss cut, but since a zero cut is adopted, there is no risk of chasing debts. Spreads are relatively narrow. Start trading with small amounts.
Maximum leverage
Bybit’s maximum leverage is 100x. However, not all currencies are 100x. 100x leverage is limited to Bitcoin and Ethereum only. The leverage ratio of the main currency, in the case of USDT unlimited, is as follows. The advantage is that the volatility is higher than FX, so it is suppressed. This allows you to reduce losses.
| BTC | 100 |
| ETH | 100 |
| XRP | 50 |
| BCH | 50 |
| EOS | 50 |
| SOL | 50 |
| CHZ | 25 |
| SUSHI | 25 |
Types of leveraged trading
There are three types of leveraged trading. There are differences in the number of compatible brands. The number of brands that can be handled by each is different. There are 150 USDT unlimited, 16 USDC unlimited, and 10 inverse.
| USDT Perpetual | 150 |
| USDC Perpetual | 16 |
| inverse contract | 10 |
USDTUnlimited
USDT perpetual contract is a trading method that uses USDT as margin. You can trade at 1USDT = 1USD. USDT perpetual contracts are characterized by gradual price fluctuations, so they can be traded stably.
USDCUnlimited
USDC indefinite period is an indefinite contract with stable coin USDC as margin, and you can continue to hold a position because there is no expiration date. Compared to USDT unlimited, the disadvantage is that the number of issues that can be handled is small.
inverse contract
An inverse contract is a trading method that uses BTC, ETH, XRP, and EOS as margin. Since the price of virtual currency fluctuates violently, the value of the virtual currency, which is the margin money, also fluctuates, so it is characterized by violent price fluctuations. If the virtual currency used as margin rises, the margin will increase, but vice versa.
Fees for leveraged trading
Leveraged trading fees depend on the trade. There are differences depending on the currency pair and trading category. Please consider the following when long selling, short buying, loss cutting, additional entry, and settlement of crypto assets. In addition to this, a funding rate will also occur every 8 hours.
| derivatives（USDT/Inverse） | ・Maker：0.01% ・Taker：0.06% |
| derivatives（USDC） | ・Maker：0.01% ・Taker：0.06% |
| USDC | ・Maker：0.03% ・Taker：0.03% |
How to set up and trade
Bybit has two margin modes to control leverage.
cross margin
A trading method that uses all funds in the account as margin. Depending on the deposit amount, the margin can be used up to the maximum limit, so the possibility of loss cut can be reduced. Conversely, there is also the possibility of a large loss, and there is also the risk of losing the entire amount. This is more for experts.
separation margin
A trading method that uses part of the funds in the account as margin. Since the funds available for margin are small, there is a high possibility of loss cut, but there is no risk of losing all the funds in the account. This trading method is recommended for beginners.
Setting method
While logged in to your account page, select “USDT perpetual”, “USDC perpetual” or “Inverse contract” from “Derivatives” at the top of the top page.
Since it will be a trading screen, click “Cross” and “Separate” on the right to display the screen. Make settings on the following screen and press “Confirm” to confirm. Margin mode can be crossed or separated. It can be set by moving the position leverage bar left and right.
Characteristics of leveraged trading
Leverage trading has various characteristics. Please be careful as the leverage is higher than other exchanges such as GMO, DMM Bitcoin, MEXC, Binance and Bitflyer. Since it is different from spot trading, you need to be careful in setting the leverage in advance. Please set it to a minimum. There are a wide variety of major currencies, and you can purchase, check your balance, manage your wallet, and buy and sell on your smartphone.
High execution power
Bybit’s leverage trading has extremely high execution power. This is because Bybit has made considerable investments in the environment such as servers, creating a stable trading environment.
strong server
Bybit’s servers are very strong and rarely experience server downtime. Compared to other virtual currency exchanges, Bybit’s servers are extremely strong, so you can expect stable operation.
Zero cut system
Bybit uses a zero-cut system, so there is no need to worry about margin calls. With the zero-cut system, the virtual currency exchange compensates for negative statements, so traders can trade with confidence.
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