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Cryptocurrency is a revolutionary asset class that keeps evolving, and exchanges like Bybit continuously seek to provide users with better and more robust solutions. Many users typically manage multiple accounts on a trading platform. As Bybit's product line expands into Spot, Derivatives, and Options, you might wish to unify your accounts for better trade optimization. With the Bybit Unified Trading Account, you will now be able to manage all your assets and funds in one account.
Bybit's Unified Trading Account is open for all traders and users alike to access better risk management, higher capital efficiency, cross-collateral margining, and enhanced flexibility. Let's take a look at how the Unified Trading Account works.
Key Takeaways:
Bybit’s Unified Trading Account (UTA) allows users to consolidate crypto assets and perform cross-asset trading of Spot, Perpetuals, Futures and Options within a single account.
UTA boosts capital efficiency by supporting over 70 cryptocurrencies as collateral for cross-margin trading and enabling margining with unrealized profits to open new positions.
UTA also features advanced risk management features such as Hedge Mode, and offers three distinct margin modes — Isolated, Cross and Portfolio — tailored for different levels of trading experience.