Dubai, UAE, February 28th, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has introduced a fixed-rate borrowing option under its Unified Trading Account (UTA) Loan product, bringing together leverage of up to 10 times and fixed borrowing periods of up to 180 days within a single unified account — a combination that remains rare in the digital asset market.
Bybit’s Unified Trading Account is designed to allow users to manage spot trading, derivatives trading, and borrowing activities within a single account structure using shared collateral and integrated margin management. Through UTA Loan, users can borrow assets via Auto Borrow, triggered automatically by trading activity, or Manual Borrow, initiated in advance. With the introduction of fixed-rate borrowing, users can now choose between floating-rate flexibility and fixed-rate cost certainty, while maintaining access to up to 10x leverage for eligible trading activities.
The new fixed-rate option represents a significant expansion of UTA Loan, which previously focused on floating-rate borrowing with interest calculated on an hourly basis and without predefined loan maturities, a structure primarily suited for short-term funding needs. By contrast, the new fixed-rate option allows users to lock in both interest rate and loan duration in advance, enabling longer-term planning while maintaining access to higher leverage of up to 10x under UTA.
Effective Feb. 28, 2026, at 8 a.m. UTC, users can access fixed-rate borrowing through Manual Borrow in UTA, with predefined loan tenors ranging from short-term durations to extended borrowing periods of up to 180 days. Users can access fixed-rate borrowing by navigating to Assets → Unified Trading Account → Borrow. Once approved, borrowing quotas are reserved for the selected term, providing clearer expectations around funding availability and cost over the life of the loan.
By pairing longer-dated fixed-rate borrowing (up to 180 days) with leverage available for eligible activities under UTA — including spot margin trading with leverage of up to 10x — Bybit enables users to deploy leveraged strategies over longer horizons with greater visibility into financing costs. In the broader crypto market, fixed-rate loans are typically limited to shorter durations or offered separately from leveraged trading frameworks, making this integrated structure within UTA notably uncommon.
Under the fixed-rate model, both the interest rate and maturity date are confirmed at the time of borrowing and remain unchanged throughout the loan term. This structure is designed for users who prioritize cost predictability when managing leveraged positions beyond short-term market movements.
The fixed-rate UTA Loan also supports continued borrowing within the original loan period. If a loan is repaid before maturity, users may re-borrow during the remaining term without additional interest, while the original maturity date remains unchanged, improving capital efficiency within the same borrowing window.
With the addition of fixed-rate borrowing, extended loan durations of up to 180 days, and access to higher leverage within UTA, Bybit continues to expand its unified account framework to support more structured and long-term capital management in the digital asset market.
While the maximum fixed-rate loan term is 180 days, users may also choose shorter loan durations to align with different trading strategies and funding needs.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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Contact
Head of PR
Tony Au
Bybit
media@bybit.com
Bybit Introduces Fixed-Rate UTA Loans Offering Up to 10x Leverage and Up to 180-Day Borrowing