11. How to Use Margin Trading on Bybit

Bybit Margin Trading is a derivative product based on Spot Trading. It allows you to use assets in your Spot Account as collateral to borrow additional funds from Bybit in order to open positions larger than your wallet balance, with up to 3x leverage on the Spot market.

 

With Margin Trading, all assets in your Spot Account that support Margin Trading can be used as collateral to prevent your Spot Position from being liquidated. When the risk level of your Spot Account reaches a level that triggers liquidation, the system will automatically sell the collateral assets to repay the borrowings in your Spot Account.

 

 

1. Log in to Bybit ➡︎ [Trade] ➡︎ [Spot Trading]

 

 

 

2. Enable [Margin Mode]

Enable margin mode by clicking on the [Margin Mode] button at the right corner of the order window.

 

 

 

3. Acknowledge Risks

Margin mode is to borrow assets from Bybit exchange, so the interest will be charged every hour.

 

 

 

4. Proceed Margin Trading

After enabling the Margin Mode, proceed to trade, just as spot trading only with 3x leverage.