Product Updates

we_vegotnewsforyou_20211203_EN_SO_NewsForYou_EmailNotifications-1600x900_11zon.webp

button

OTClending_applynow_en

We’ve made some improvements to our Over-the-Counter (OTC) Lending product!

As an institutional trader, you can now better utilize collateral from your Spot and Derivatives Account to borrow more USDT at attractive rates.

✅ Borrow up to 4 times the equity in your Spot Account and Derivatives Account*

✅ Receive the borrowed USDT in your Spot Account 

✅ Option for early repayment and early settlement 

*Maximum borrowing amount calculation: [Equity of Supported Assets in Spot Account + USDT Equity of Derivatives Account − Bonus] × 4. Includes Main Account and Subaccounts. 

We currently have four products for you to choose from:

Your collateral will be locked in your Spot and Derivatives wallets, but they can still be freely traded in the Spot and Derivatives markets, as long as your Loan-to-Value (LTV) ratio is within range. 

Check with your institutional representative to find out which asset types are supported! 

Introducing: Over-the-Counter (OTC) Lending  2.0

Be in the know on the latest happenings at Bybit — new products, our latest trading pairs and more!

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

Bybit Announcement

Daily Crypto Market Movement at Your Fingertips.

Thank you for subscribing!

Daily Bits

Be the first to get the news whenever something new emerges at Bybit — Upcoming features and changes, our latest trading pairs, DeFi products and mining programs.

Announcements

Be in the know on the latest happenings at Bybit — new products, our latest trading pairs and more!