Crypto Loans

Crypto loans can also be used for advanced strategies such as crypto yield arbitrage, a strategy that involves finding a platform where you can borrow a cryptocurrency at a lower interest rate and lend it at a higher interest rate on another platform. Click to learn more.

Crypto loans be used for investments in Earn products, DeFi yield-farming and even margin trading, in which you can use borrowed assets to expand the margin availability and avoid being liquidated on your leveraged positions. Click to learn more.

As long as you are registered with Bybit and have funds available as collateral in your Spot or Funding account, you can borrow coins on Bybit.

Interest is calculated hourly, where loans that are less than one hour will be calculated as one hour. Interest will start to accrue at the time of borrowing. Note: Interest is calculated based on the loan interest rate displayed at the time of borrowing. Interest = Borrowed amount × Hourly interest rate

Yes, you can repay any time prior to the due date with no penalty fees. Once you return the loan amount, we’ll only charge an interest fee based on the number of hours borrowed.

The loan-to-value (LTV) refers to the ratio of your loan amount to the value of your collateralized coins. The ratio is calculated as follows: LTV = Loan Amount/ Collateral Amount Loan Amount = (Outstanding Principal + Outstanding Interest + Outstanding Overdue Interest)

You can adjust the collateral amount on the Order page. Also, you can always add more collateral to lower the loan-to-value (LTV) ratio.