Why Should I Open a Bybit Subaccount?
It is time to level up from your Main Account and set up a Bybit Subaccount for trading. You can create and link up to 20 Standard Subaccounts, which gives you the opportunity to explore up to 20 trading strategies and tools in separate accounts.
From July 2024, you can even connect up to four Standard Subaccounts to participate in multiple Bybit trading competitions simultaneously and maximize your rewards. From Aug 26, 2024, 10AM UTC – Sep 14, 2024, 10AM UTC, you can also join the Subaccount Jackpot Fiesta with your UTA Standard Subaccount for a share of the 420,000 USDT prize pool, and even use up to four Subaccounts to maximize your profits in this event. *Disclaimer: All trading carries risk. Only risk capital you can afford to lose.
Learn how Bybit Subaccounts can help you elevate your trading efficiency and strategy management through the use of separate accounts to organize your funds and explore trading strategies. And from July 2024, you can even use Standard Subaccounts to join multiple trading competitions simultaneously to maximize your rewards.
Find the best crypto news portals to garner more valuable insights to help you trade more efficiently and get more tips on how to score in your trading competitions.
Learn all you need to know about Unified Trading Account (UTA) and find out how it helps your trades in our comprehensive guides.
Bybit Subaccount Summer School (Jackpot Fiesta)
Aug 26, 2024, 10AM UTC – Sep 14, 2024, 10AM UTC
Maximize Your Profits With Multiple Subaccounts
Set up your Bybit UTA Subaccount now and compete in this Subaccount competition using up to four Subaccounts for a bigger share of the 420,000 USDT prize pool!
How to Trade Using Bybit Subaccount
Frequently Asked Questions (FAQs)
1. How is a Subaccount different from a Main Account?
A Subaccount is a mini-account under the Main Account that works similar to a Main Account. However, there are some key differences. For instance, you cannot deposit and withdraw assets, receive trading bonuses or coupons, or invest in Bybit Earn products via a Subaccount.
2. What are the two types of Subaccounts?
You can open two types of Bybit Subaccounts: Standard Subaccount and Custodial Trading Subaccount. The Standard Subaccount allows you to manage your trades directly while the Custodial Trading Subaccount is managed by a team of professionals. A Unified Trading Account (UTA) can be opened as a Subaccount, which would upgrade your Main Account to a UTA. Note that as the upgrade is irreversible, it’s advised that you try Demo Trading before upgrading to the UTA.
3. Which Subaccount can be used for trading competitions?
The Standard Subaccount can be used for trading competitions. From Aug 26, 2024, 10AM UTC – Sep 14, 2024, 10AM UTC, you can also use your UTA Standard Subaccount to join the Subaccount Jackpot Fiesta for a share of the 420,000 USDT prize pool.
Bybit at a Glance
Established in 2018, Bybit ranks as one of the top three cryptocurrency exchanges by volume, with over 37 million users worldwide. It offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer support, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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