Odaily Planet Daily reported that the cryptocurrency exchange Bybit announced the launch of a manual borrowing function, allowing users to operate more flexibly and freely when margin trading.
Users who use manual borrowing can proactively borrow their desired tokens before trading and deposit them directly into their Unified Trading Account (UTA), more effectively coping with liquidity challenges during market fluctuations and periods of high utilization.
Product Highlights:
- Lock in liquidity in advance and plan your trading strategy with ease
- Plan ahead to avoid borrowing during periods of volatile market conditions and liquidity shortages
- Lock assets in advance to ensure smooth execution of trading plans
Bybit's manual borrowing feature complements the existing automatic borrowing mechanism, providing users with a more comprehensive solution. This feature is now available to all eligible UTA users.
