Is USDx a cryptocurrency?
No, USDx is not a cryptocurrency. It is an internal balance unit used on the platform to show your funds in U.S. Dollar terms. The conversion between USDT and USDx will remain 1:1.
Why did my USDT become USDx? Did I lose anything?
Not at all. When you convert or deposit USDT, it may be shown as USDx in your account. This is purely for easier tracking. Your balance remains fully backed and you can convert it back to USDT at any time at a 1:1 rate.
Can I withdraw USDx?
No. USDx is not an on-chain asset. To withdraw, you can convert your USDx back to USDT instantly at a 1:1 rate, then proceed to withdraw USDT as usual.
Why use USDx at all?
USDx helps us show your balances in a clear and consistent way, and also helps us meet accounting and regulatory standards. It is a display and accounting tool only. Your funds remain yours and fully backed.
Is Identity Verification required to trade on TradFi?
Yes, Standard Individual Identity Verification or Business Verification is required. For more information on how to verify your account, please refer to How to Complete Individual Identity Verification and FAQ - Business Verification.
Are subaccounts supported on TradFi?
No, subaccounts are not supported on TradFi. Only a Bybit main account can activate a TradFi Account.
How can I check my TradFi Login ID?
You may click on the TradFi Asset page to view your login ID at the top of the page.
If you would like to trade via the MetaTrader Client Terminal, you can also check your login ID details by clicking on the MT5 ID section under the Account Details. These will be your TradFi (MT5) login credentials, which will be different from your Bybit account credentials (Bybit UID). Please note that you may need to perform password reset first to set up a new MT5 login password.
What is the timezone applied on TradFi and how can I change it?
The time zone displayed on Bybit TradFi is by default UTC+2 and cannot be changed. However, this time zone will be changed to UTC+3 when Daylight saving starts on the Second Sunday in March at 02:00 AM UTC and will go back UTC+2 at the end of Daylight saving on the First Sunday in November at 02:00 AM UTC.