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      🔥 Explore 7 New Asset for Margin Trading, Crypto Loans, Flexible Savings, and Institutional Loans!

      Bybit's logo Bybit May 23, 2024 09:30:00

      We're excited to announce the addition of the following new assets to Spot Margin Trading, Crypto Loans, Flexible Savings, and Institutional Loans on May 24, 2024, 10AM UTC.

      • Spot Margin Trading: WIF/USDT, MEW/USDT, VENOM/USDT, WBTC/BTC, MOVR/USDT, LEVER/USDT, UMA/USDT
      • Crypto Loans: WIF, MEW, VENOM,WBTC,MOVR,LEVER and UMA
      • Flexible Savings: WIF,MEW, VENOM,WBTC,MOVR,LEVER and UMA
      • Institutional Loans: WIF,MEW,VENOM,WBTC,MOVR,LEVER and UMA

      With these new assets, you can:

      • Margin trade with up to 10x leverage on trading pairs using your [Unified Trading Account](https://www.bybit.com/en-US/promo/events/unified-trading-account/).
      • Use them as collateral to [borrow](https://www.bybit.com/en/trade/spot/loan) funds for trading.
      • Subscribe to [Flexible Savings](https://www.bybit.com/en/earn/savings/) plans to earn hourly interest.
      • Use them as collateral for [Institutional Loans](https://www.bybit.com/en/help-center/article/Introduction-to-Institutional-Loan).

      The Collateral Value Ratio(s) for the above assets under UTA are as follows:

      The Collateral Value Ratio(s) for Institutional Loans are as follows:

      For a comprehensive list of collateral assets currently supported by Bybit, please refer to this [page](https://www.bybit.com/en/announcement-info/ins-loan/).

      [Trade Now]

      To delve deeper, explore some of our articles on Bybit Learn and our Help Center:

      • [What Is Margin Trading?](https://learn.bybit.com/trading/what-is-margin-trading-definitive-guide-to-trading-on-margin/)
      • [A Complete Guide to Cross Margin Trading](https://learn.bybit.com/derivatives/complete-guide-cross-margin-trading/)
      • [How to Get Started With Bybit Savings?](https://www.bybit.com/en/help-center/article/How-to-Get-Started-With-Bybit-Savings)
      • [How to Borrow and Repay Loans and Interest (Crypto Loans)?](https://www.bybit.com/en/help-center/article/How-to-Borrow-and-Repay-Loans-Interests-Crypto-Loan)
      • [Introduction to Institutional Loans](https://www.bybit.com/en/help-center/article/Introduction-to-Institutional-Loan)
      Read the original article at bybit

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