How to Use the Bybit Unified Trading Account for Effective Risk Management

As a crypto trader, you've probably become accustomed to juggling multiple assets across different accounts, even within the same exchange. Multiple accounts require regular asset transfers between them and keeping track of margin collateral and overall portfolio performance separately. This setup doesn't allow margining to net out, resulting in less efficient risk management.

Even though multiple trading accounts may be the industry standard, Bybit now offers the Unified Trading Account (UTA), a game-changer for traders looking to streamline portfolio management. With the innovative UTA, you can easily trade and manage multiple assets across the crypto ecosystem from a single portfolio without the typical complexities and risks associated with regular trading accounts.