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How to Revoke Token Approval on a dAppaccount. Step 3: Wait for the transaction to be confirmed on the blockchain. Once the transaction is complete, ensure that the approval has been successfully revoked. If the process is successful, y...
How to Become a Master Trader and Upgrade Your Rankingaccount. Hence, create a new Subaccount or select an existing Subaccount for your Master Trader application. 3. Only Isolated Margin mode or Cross Margin mode is supported for Master Trader Copy Trad...
FAQ — Discount Buyaccounts? Yes, you are able to purchase Discount Buy products using Subaccounts.What are the risks associated with Discount Buy?Although the Purchase Price could be below the market price at the time...
Introduction to the VIP ProgramBybit is thrilled to introduce our exclusive VIP Program, designed to provide our esteemed traders with an enhanced service experience, complete with a multitude of VIP exclusive benefits and perks. As a way to express our gratitude for all the support we’ve received, Bybit is giving our valued traders a better service experience, along with VIP members–only exclusive benefits and perks. As a VIP, you will enjoy reduced trading fees, higher deposit and withdrawal limits, special rewards, and more. Benefits and PerksAn exclusive dedicated VIP Ambassador (for VIP level 2 and above)Priority access to Bybit customer support live chatVIP Welcome Gifts and Birthday GiftsExclusive trading fee ratesExclusive transaction fees for FiatPrivileged Fiat services and fee saversEarly access with a 1-on-1 introduction, and private walkthroughs to new product launchesExclusive invites to special events and campaignsTailored Crypto Loan Amounts and Loan Terms designed to suit your specific requirements For more information on the different VIP rates and benefits, please consult Benefits of the VIP Program. How to Become a VIP TraderTo become a VIP trader, you are only required to meet either one of the criteria below to unlock the respective VIP Level. For example, Trader A has an asset balance of $250K, and a last 30-day Derivatives trading volume of $50 million. Trader A will be promoted to VIP Level 3 and will be entitled to all discounted fee rates stated under VIP 3. VIP LevelAsset Balance (USD)30-Day Average Net Borrowing (USD)30–Day Trading Volume (USD)SpotDerivativesOptionsStructured ProductsVIP 0≥ 0≤ 50K≤ 1M≤ 10M≤ 5M≥ 0VIP 1≥ 100K50K≥ 1M≥ 10M≥ 5M≥ 500KVIP 2≥ 250K500K≥ 5M≥ 25M≥ 10M≥ 1MVIP 3≥ 500K1M≥ 10M≥ 50M≥ 15M≥ 1.5MVIP 4≥ 1M1.5M≥ 25M (API Trading Volume ≤ 20%)≥ 100M (API Trading Volume ≤ 20%)≥ 25M (API Trading Volume ≤ 20%)≥ 2.5MVIP 5≥ 2M2M≥ 50M (API Trading Volume ≤ 20%)≥ 250M (API Trading Volume ≤ 20%)≥ 40M (API Trading Volume ≤ 20%)≥ 4MSupreme VIPN/AN/A≥ 100M (API Trading Volume ≤ 20%)≥ 500M (API Trading Volume ≤ 20%)≥ 100M (API Trading Volume ≤ 20%)≥ 10MPro 1N/AN/A≥ 25M (API Trading Volume > 20%)≥ 100M (API Trading Volume > 20%)≥ 25M (API Trading Volume > 20%)N/APro 2N/AN/A≥ 50M (API Trading Volume > 20%)≥ 250M (API Trading Volume > 20%)≥ 40M (API Trading Volume > 20%)N/APro 3N/AN/A≥ 100M (API Trading Volume > 20%)≥ 750M (API Trading Volume > 20%)≥ 100M (API Trading Volume > 20%)N/APro 4N/AN/A≥ 200M (API Trading Volume > 20%)≥ 1,500M (API Trading Volume > 20%)≥ 300M (API Trading Volume > 20%)N/APro 5N/AN/A≥ 500M (API Trading Volume > 20%)≥ 3,000M (API Trading Volume > 20%)≥ 500M or ≥ 10% of Total Maker Volume (API Trading Volume > 20%)N/APro 6N/AN/A≥ 1,000M (API Trading Volume > 20%)≥ 5,000M (API Trading Volume > 20%)≥ 5,000M (API Trading Volume > 20%)N/A Notes: Asset Balance = Total Wallet Balance of All Accounts including assets staked in Liquidity Mining Product30-day average effective net borrowing (USD) includes borrowing from Spot Margin Trading, Launchpool and Crypto Loans.Trading Volume for Derivatives Trading includes the total trading volume of Inverse Perpetual & Futures, USDT Perpetual, USDC Perpetual & Futures, and USDC OptionsMT5 trading volume and assets will count toward the VIP calculation. Please note that Forex/CFD trading volume will be subject to a 10x multiplier compared to crypto perpetual. For example, if your forex/CFD trading volume is 10M, it will be counted as 1M in derivatives trading volume for the VIP requirement calculation, due to the 10x multiplier. This means you would need to trade 100M in Forex/CFD to meet a 10M derivatives trading volume requirement for VIP status.Funding fees received or paid will not count toward the trading volumeThe Trading volume from both Main Account and Subaccount will be considered. Read MoreWhat Is Bybit VIP: An Exclusive Premium Trader ExperienceExclusive Bybit VIP Program Perks and Benefits You Should Know...
Introduction to Copy Trading Proaccount dedicated to this strategy is created. The Master Trader deposits funds into the Subaccount.Seed RoundInvestors contribute to the capital of the strategy. The Transfer function of the Copy Tra...
FAQ — Dual Asset 2.0Only users with individual KYC Lv. 1 or Lv. 2 can trade or stake Earn products. For more information, please refer to FAQ — Individual KYC. Do note that users with Business Identity Verification are also able to purchase this product. What is Dual Asset 2.0?Dual Asset 2.0 is a short-term trading tool for facilitating your investment journey with higher returns and greater flexibility. It allows you to capitalize on price movements in the market by predicting the direction of a given crypto asset within a predetermined time frame, while enjoying higher returns on your capital. You may select from a variety of trading pairs, duration and Target Price, customized to your trading preferences and risk appetite. For more information, please refer to Introduction to Dual Asset 2.0. How are returns for Dual Asset 2.0 products generated?We plan to deploy subscribed assets to the Bybit Derivatives market via advanced strategies. The assets will be managed by trusted third parties, which might include entities there are affiliated with Bybit. No on-chain activity is involved in the yield generation process. What are Settlement Price and Target Price?Settlement Price: The average of the Bybit Spot market price in the 30 minutes prior to Settlement Time, which is 8AM UTC on the Settlement Date.Target Price: The price at which you wish to buy or sell crypto. Is the profit guaranteed? The APR is guaranteed. However, the returns in asset value are not guaranteed, due to market volatility. On the Settlement Date, you’ll receive your return in either stablecoins (USDT) or your subscribed crypto asset type, depending upon whether the Settlement Price reaches the Target Price. Is Dual Asset 2.0 the product right for me?Dual Asset 2.0 might be a good fit for you if you want to— Take profit: Sell your crypto at a Target Price to realize profits while benefiting from additional interest yield.— Buy the dip: Buy crypto at a desired Target Price, and enjoy additional interest yield.— Earn passive crypto income: Gain higher interest on your crypto holdings while passively growing your portfolio. Are there any risks associated with Dual Asset 2.0?Dual Asset 2.0 is not a risk-free investment.Due to unpredictable market price fluctuations, there’s uncertainty as to which coin will be settled.Due to market volatility, the returns on asset value aren’t guaranteed.Subscribed assets are locked, which means you can’t cancel or redeem your plan before the Settlement Date.In the event that the market price moves further away from the Target Price, you may lose the opportunity to buy or sell at a favorable price.The trade can only take place based on the price on the Settlement Date. Please read through the terms carefully before investing. Bybit does not assume responsibility for any losses incurred as a result of price fluctuations. Which coin can I use to subscribe to the Dual Asset 2.0 plan?For the Buy Low product, you can subscribe using stablecoin (USDT), while for the Sell High product, you can subscribe using the crypto assets (such as BTC, ETH). Is there a minimum subscription limit?Yes. The minimum subscription amount will be indicated in the order zone under the Invested Amount. What types of Dual Asset 2.0 products can I purchase?There are two types of products under Dual Asset 2.0: Buy Low and Sell High. You can choose from short-term deposit periods of 1, 3 and 5 days. When will my order take effect?Your plan status will usually be confirmed within 30–60 seconds after you submit your order. Once the subscription is successful, your return will begin to be calculated. In the case of a 3-day plan, your order will be settled three (3) days later (8AM UTC on the Settlement Date). Can I edit or early redeem my Dual Asset 2.0 subscription?Once the subscription is confirmed, you cannot modify your Target Price, Investment Amount or Settlement Date. Likewise, you cannot redeem your Dual Asset 2.0 subscription before the Settlement Date. Is my return calculated based on the APR displayed when I purchase the plan?Yes. The APR displayed at the time of purchase will be used to calculate your return. How are the returns calculated?Returns in Dual Asset 2.0 comprise two components: Interest Income and Subscription Amount. Your returns will depend upon whether the Target Price has been reached. Product TypeSubscribed AssetScenarioReturn CalculationBuy Low ProductStablecoin(USDT)Target Price is reached:Settlement Price ≤ Target PricePayout in CoinReturn = (Subscription Amount + Interest Income) / Target Price Target Price is not reached:Settlement Price > Target PricePayout in USDTReturn = Subscription Amount + Interest Income Sell High ProductCoinTarget Price is reached:Settlement Price ≥ Target PricePayout in USDTReturn = (Subscription Amount + Interest Income) × Target Price Target Price is not reached:Settlement Price < Target PricePayout in CoinReturn = Subscription Amount + Interest Income For more information, please refer to Introduction to Dual Asset 2.0. When and how can I receive my return?Each confirmed Dual Asset 2.0 subscription has a Settlement Time, which is 8AM UTC on the Settlement Date. Within 30 minutes of Settlement Time, returns from your Dual Asset subscription will be credited back to your Funding Account. Why is my return less than my initial investment amount (in USDT) ?Traders may have the impression that the value returned by the coin — if converted at the Settlement Price — may be less than the value of the initial investment amount. The value of coins (when measured in USDT) is not guaranteed due to potential price fluctuations of the assets. Let's look at the following examples: Example 1Trader A purchases a Buy Low ETH-USDT plan at 80% APR, Target Price at 1,200 USDT and their invested amount is 1,000 USDT. On the Settlement Date, the Target Price is reached (Settlement Price: 1,100 ≤ Target Price), and the ETH will be purchased at the Target Price with their subscription coin (USDT) and interest income. The return they received will be 0.8351 ETH. In this scenario, Trader A may believe they lost money from Dual Asset if they used the settlement price to calculate the USDT value of the ETH return (0.8351 x 1,100 = 918.61 USDT) and compare it to the initial deposit amount (1,000 USDT). However, if Trader A had used 1,000 USDT to buy ETH at the Target Price 1,200 USDT, they would have received only 0.83 ETH — while the return they got from Dual Asset is 0.8351 ETH. Even though the Settlement Price went below the Target Price, Trader A managed to secure more ETH coins than they originally had. Example 2Trader B purchases a Sell High ETH-USDT plan at 80% APR, Target Price at 1,200 USDT and their invested amount is 1 ETH. On the Settlement Date, the Target Price is reached (Settlement Price: 1,300 ≥ Target Price), and the ETH and interest income will be sold at the Target Price, and they receive USDT in return. The return they received will be 1,202.6301 USDT. In this scenario, Trader B may believe they lost money by participating in Dual Asset if they used the Settlement Price to compare the USDT they’d have earned (1,300 USDT) if they’d sold off their ETH on the settlement day — while the return they got from Dual Asset is 1,202.6301 USDT. However, if Trader B had sold off their ETH at the Target Price 1,200 USDT, they would have received only 1,200 USDT — while the return they got from Dual Asset is 1,202.6301 USDT. How can I withdraw my yield? Dual Asset returns will be credited to your Funding Account. Please make a transfer from your Earn Account → Spot Account before proceeding with your withdrawal. Can I purchase Dual Asset 2.0 products using Subaccounts?Yes, you can purchase Dual Asset 2.0 products using subaccounts....
FAQ - TradFi (MT5)account, please refer to How to Complete Individual KYC Verification and Business KYC. If a user’s account is not verified, the following pop-up will appear when attempting to activate the MT5 acco...
Differences Between Seed Phrase Wallet, Keyless Wallet, and Cloud WalletChoosing the appropriate wallet based on your needs is crucial for secure and seamless transactions in the crypto world. Seed Phrase Wallet, Keyless Wallet, and Cloud Wallet (formerly Bybit Wallet) of...
Troubleshooting: Unable to Receive Email Verification Codeaccount settings, and select Filters and Blocked Addresses. Step 2: Click on Create a new filter, enter the domain in from and press Create filter. Step 3: Select ...
FAQ — Copy Trading Proaccount is currently subject to an account ban.You have already successfully opened a Copy Pro Master Subaccount. Each account can manage only one (1) Pro Master Account.You have not completed your Id...