Leading cryptocurrency exchange Bybit reveals plans to reduce margin requirements with the release of portfolio margin mode, allowing users to fully leverage their portfolio with greater capital efficiency thanks to the new feature.
The feature went live on June 15, with users able to access one of the largest BTC futures open interest markets in the world. An exciting time for Bybit users and another feather in the cap of one of the fastest-growing crypto exchanges around.
What Does Portfolio Mode Offer?
Now that portfolio mode is live, users will be able to leverage their portfolios with greater capital efficiency than before. The new mode evaluates positions across Bybit¡s extensive trading products and calculates the margin accordingly.
By increasing users’ capital efficiency, there will be a reduced risk across the user’s hedged portfolio. The potential for upside on return on capital investment is great and something we expect to appeal greatly to the more experienced traders among Bybit’s user base.
Portfolio mode also provides a calculation of the combined risk of options traded. With much of the risk hedged, the margin is likely to reduce by a notable margin. A complete risk assessment offers great value to users, allowing them to take more reliable strategies and see a higher return.
Bybit’s CEO and co-founder Ben Zhou had this to say about the release of the new product: “We are excited about the opportunities Bybit’s portfolio margin will open up for Bybit users. As traders ourselves, we understand the importance of having access to the most powerful trading tools and features. To that end, portfolio margin offers one of the best capital efficiency options in the market on one of the most reliable trading platforms out there. This product is another step forward in our growth as a digital asset service provider in our continued effort to meet the needs of the community of 6 million registered users on the Bybit platform.”
Bybit products are well regulated and offer a variety of features to assist traders and safeguard themselves against excessive losses. This is achieved through Bybit using multi-layered liquidation protocols to ensure safety and fairness across all Bybit products and services.