Latest Bybit News

Since the Bybit Unified Trading Account (UTA) launched in July 2022, it has been continuously improved for better reliability and efficiency, even during times of market volatility. With over 99.9% of our users now on the UTA, 

the Classic Account will be officially discontinued on Oct 31, 2025

. Users with a Classic Account must upgrade to the latest version of the UTA by this date.

Settles Spot via the Spot Account and all Derivatives via the Derivatives Account. Upgrade to the latest UTA is required.

 Settles Spot and some Derivatives via the UTA, but uses the Inverse Derivatives Account for Inverse Derivatives. Upgrade to the latest UTA is required.

Settles Spot and all Derivatives via the UTA. No upgrade is required.

Derivatives trading using the Classic Account will be switched to "Reduce-Only". New orders to increase positions will not be accepted. Users will only be able to close their positions.

Inverse Derivatives trading will also be in "Reduce-Only" mode.

 Any open Derivatives positions/orders will be closed or canceled. Accounts will be upgraded to the latest UTA, and all assets in Spot and Derivatives Accounts will be transferred. Bybit Classic Accounts will no longer be available.

Any open Inverse Derivatives positions/orders will be closed or canceled. Accounts will be upgraded to the latest UTA, with assets transferred.

We encourage all users to upgrade to the latest version of the UTA as soon as possible to ensure a smooth transition.

Bybit remains committed to continuously enhancing your trading experience. If you have any feedback or suggestions on the UTA, please reach out to our Customer Support via this [form](https://www.bybit.com/en/help-center/s/webform), share your thoughts in the community, or contact your Relationship Manager. Your feedback is highly valued.

Important notice: Discontinuation of the Bybit Classic Account

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