Bybit announced that it has been connected to the Unified Trading Account (UTA) on November 1. Users can use BBSOL as collateral to explore spot leverage trading, pledged loans, current savings and institutional loans, bringing users more flexible financial operations.
The main benefits of BBSOL joining UTA:
Leverage trading upgrade: Use BBSOL as collateral to obtain up to 10 times leverage, amplifying trading returns;
Flexible lending: Borrow funds with BBSOL as collateral, flexibly respond to market changes, and expand trading strategies;
High-yield savings: Deposit BBSOL in current savings products and enjoy stable returns;
Institutional lending opportunities: Institutional investors can use BBSOL as collateral to obtain loans and improve the efficiency of capital utilization.
Bybit's integration of BBSOL into UTA marks an important step forward in the practicality and accessibility of digital assets. This move is in line with Bybit's commitment to provide innovative financial solutions that empower users to maximize their investment potential.