Partnership Announcement

In order to further enhance your trading experience, Bybit will be automatically upgrading eligible Unified Margin Accounts (UMA) to Unified Trading Accounts (UTA) on Jun 14, 2023.  With this upgrade, all relevant features previously available in the UMA will now be fully integrated into the UTA.

Following the upgrade, your Spot Account and UMA will be merged, and subsequent support for UMA will be discontinued. To ensure that you continue to enjoy seamless trading, we kindly advise you to proactively upgrade to UTA prior to the scheduled upgrade date.

Please note that this upgrade is expected to take approximately five (5) minutes. During this period, you will not be able to conduct any transactions, deposits, withdrawals, transfers or conversions. 

1. Spot Margin Trading will be automatically enabled. You can manually disable it on the Spot Trading page or UTA Assets page.

2. Spot assets will be consolidated with UMA assets as margin under UTA.

3. Any existing trading vouchers will be voided, and no new trading vouchers can be claimed until further notice due to UTA not currently supporting the use of trading vouchers. However,  bonuses for Derivatives trading will not be affected.

4. Please use the latest API V5 for trading or information inquiries, as the API V3 may not be applicable.

5. Trading on third-party applications via API keys may experience disruptions if those applications have not been reconfigured to support UTA trading.

1. Multi-Collateral Supported: You will have access to over 60 supported collateral assets, with more assets set to be introduced in the future.

2. Diversified Trading Products: Additional support for Spot Trading and Spot Margin Trading, eliminating the need to switch accounts for Spot Trading.

3. Enhanced Trading Flexibility: Support for Isolated Margin, Cross Margin and Portfolio Margin modes, allowing seamless switching between modes to accommodate traders of all levels.

For detailed information on Bybit's Unified Trading Account, please refer to articles available in our 

Bybit to Upgrade UMA to UTA on Jun 14, 2023

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