Bybit Institutional Interest-Free Lending Upgrade: Interest-Free Credit Line Can Be Applied for Directly, Renewable Upon Meeting Criteria
Odaily reports that in order to better meet the liquidity needs of institutional clients, Bybit's institutional interest-free lending has now upgraded its application mechanism. Eligible institutional clients can directly apply for an interest-free lending credit line without first meeting the specified trading volume requirement, and can obtain the loan after passing Bybit's risk control review.
Lending mechanism:
- Direct application: An interest-free lending credit line can be applied for without first meeting the trading volume threshold.
- Renewal upon meeting criteria: Within each monthly assessment cycle, the interest-free loan can be renewed as long as the specified trading volume requirement is met.
- Reclamation if criteria are not met: If the specified trading volume requirement is not met, the loan will be reclaimed.
Through this mechanism, institutional clients can obtain interest-free liquidity support in advance and strive to continuously enjoy interest-free lending privileges based on subsequent trading performance.
