Bybit’s Unified Trading Account spurs capital efficiency with 96% institutional adoption rate

Bybit, one of the world’s top three cryptocurrency exchanges by trading volume, announced that its Unified Trading Account (UTA) saw a staggering 96% adoption rate among the platform’s institutional clients, according to information shared with Finbold on March 27.

Unveiled in 2023, UTA combines Spot Trading, Spot Margin Trading, Perpetual, Futures, and Options into a single account framework, enhancing capital efficiency and trading flexibility.

Unlike standard accounts that necessitate managing individual wallets, UTA streamlines the trading experience by integrating all trading wallets into one, mitigating risks associated with managing multiple accounts.

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Holistic risk assessment 

UTA’s portfolio margin feature calculates margin across a trader’s range of positions, taking into account both realized and unrealized Profit and Loss (PnL) from open positions. 

This approach allows traders to maximize their potential profits while combating volatility, which is a welcome strategy in a market known for rapid price movements.

Bybit offers institutional third-party custody catering to both institutional and retail traders with a diverse array of crypto derivatives, structured products, and passive income opportunities. 

By leveraging Bybit’s UTA, traders can manage their positions and leverage a wide range of tools to maximize their trading strategies to prevailing market conditions.

Going forward

In essence, UTA marks a significant leap forward in trading technology, underscoring the platform’s steadfast commitment to delivering cutting-edge solutions. 
As the cryptocurrency market continues to grow and mature, innovative solutions such as UTA will play a pivotal role in equipping traders with the tools necessary to navigate the complexities of digital asset trading successfully.

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