Latest Bybit News

To optimize your trading experience, Crypto Loans will no longer support borrowing using Spot Accounts for users who have not upgraded to Unified Trading Accounts (UTA), effective Oct 15, 2024. 

• Borrowing, repayment, and collateral adjustments using Spot Accounts for Crypto Loans will no longer be available.

• Users who have not upgraded to UTA can still borrow, make repayments, and manage collateral using their Funding Accounts. 

To ensure a smooth transition, we strongly recommend repaying existing loans or upgrading to UTA as soon as possible. Once upgraded, users will be able to borrow assets with Crypto Loans seamlessly within their UTA.

[Upgrade Now]<https://www.bybit.com/en/trade/spot/BTC/USDT>

For more information on Crypto Loans, please refer to our [Help Center](https://www.bybit.com/en/help-center/article/How-to-Get-Started-with-Crypto-Loans).

For instructions on UTA upgrades, see this guide: [How to Upgrade Your Standard Account to a Unified Trading Account](https://www.bybit.com/en/help-center/article/UTA-guide).

If you need further assistance or have any questions, feel free to contact our Customer Support team via this [form](https://www.bybit.com/en/help-center/s/webform).

Thank you for your understanding and cooperation as we work to provide a safer, more efficient trading environment.

Important Updates: Crypto Loans to Cease Support for Spot Accounts

Stay on top of the latest listings, launches and what’s trending.

Be the first to get critical insights and analysis of the crypto world. Subscribe to our newsletter now.

Bybit Announcement

Daily Crypto Market Movement at Your Fingertips.

Thank you for subscribing!

Daily Bits

Stay on top of the latest listings, launches and what’s trending. Claim $50 bonus when you deposit $100 and trade $10 today!