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Borrowing funds for your crypto trading can be an excellent capital efficiency measure. In many cases, it pays to borrow the cryptocurrency of your choice against collateral instead of buying it outright. Crypto loans can also help you access unique yield-generation opportunities, such as leveraged staking. Savvy traders and investors in crypto have long known that borrowing is one of the key avenues for improving the efficiency, flexibility and profitability of your operations.
Bybit offers you several ways to borrow cryptocurrency. These include flexible rate and fixed-rate overcollateralized crypto loans, Unified Trading Account (UTA) auto-borrowing, the Margin Staked SOL product and Launchpool Borrow & Stake. These options allow you to access crypto funds in highly efficient and flexible ways to support your trades, earn staking rewards or receive early-stage tokens for free.
In this article, we’ll look in detail at these four ways of borrowing funds with Bybit, and discuss their key features, use cases and benefits.
Key Takeaways:
Bybit offers a variety of crypto loans: Overcollateralized fixed-term and flexible term loans, UTA auto-borrowing for spot margin trades and meeting immediate order needs, Margin Staked SOL for leveraged Solana staking, and Launchpool Borrow & Stake for leveraged access to early-stage cryptos.