Bybit has increased the risk limit tier of BTCUSDT and ETHUSDT. The details are below.
Details of Risk Limit Adjustment by Bybit
Bybit cherishes the valuable feedback from users, and continuously improves the service to provide you with a fair trading experience.
Adhering to the value of putting users first, we have raised the risk limit level of BTCUSDT and ETHUSDT.
According to the latest adjusted risk limit level, the value of the positions that traders can hold shall not be higher than the previous risk limit level.
Take BTCUSDT as an example.
Based on the previous level 1 risk limit, the maximum position value a trader can hold is 1,000,000 USDT.
However, according to the new level 1 risk limit, the maximum position value a trader can hold is 2,000,000 USDT.
In addition, the margin required per unit of position value is reduced.
For example, according to the previous risk limit requirements, when the BTCUSDT position value is 4,000,000, the maintenance margin rate is 2% and the initial margin rate is 2.5%. Under the new risk level requirements, the maintenance margin rate and initial margin rate for the same 4,000,000 position value are reduced to 1% and 1.75%, respectively.
The maximum allowable leverage was also raised from 40 times to 57.14 times.
Go to Bybit’s Official Website
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...