Crypto▲ Bullish
Bybit expands interest-free borrowing to 24 crypto assets
Bybit adds 22 assets to interest-free borrowing under its UTA loan program, covering BTC, ETH, SOL, and others. Limits scale with VIP tier.
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Bybit, the second-largest cryptocurrency exchange by trading volume, now lets traders borrow against 22 additional assets without interest under its Unified Trading Account loan program. The expansion adds Bitcoin, Ethereum, Solana, XRP, Cardano, and 17 others to the existing Tether and USDC coverage, bringing the total to 24.
The interest-free feature kicks in automatically when unrealized losses on Perpetual or Futures positions trigger borrowing within the UTA framework. Traders face no interest charges as long as the borrowed amount stays under the applicable limit. Manual borrowing, Spot Margin borrowing, and Options borrowing remain excluded. If the borrowed amount exceeds the limit for a given asset, interest applies to the full balance.