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Cryptocurrency loans are among the key instruments in a crypto trader's toolbox. Depending upon your trading strategy and market conditions, borrowing your preferred crypto asset against collateral could be a more efficient and profitable move than buying it with your existing funds. Bybit's crypto borrowing system offers a rich variety of flexible and fixed rate loans that allow you to do just that.
Traders on Bybit’s platform have long used its flexible rate Crypto Loans and fixed-rate loan products to borrow various coins for short- and medium-term trading. Now, Bybit has made the entire crypto borrowing experience even more efficient, flexible and secure by unifying its flexible and fixed-rate loans into one interface and system. This change, effective since May 8, 2025, isn't just about a single user interface for both types of loans: borrowers can now benefit from unified cross-margin risk management, shared collateral options, fair collateral valuation and clear-cut interest rate tracking across all of the loan types Bybit offers on its platform.
Key Takeaways:
Since early May 2025, Bybit has implemented a new, integrated loan system that unifies the interface and certain key rules applicable to both flexible and fixed-rate crypto loans.
In addition to the unified interface, both loan types now have the same loan-to-value requirements, collateral pool, tiered system for collateral valuation and hourly interest compounding mechanism.