Here's a step-by-step guide to placing your first order with Smart Leverage on Bybit.
Buy a Smart Leverage Plan
Step 1: Navigate to the Smart Leverage Page
To access Bybit Smart Leverage, first launch the Bybit App. From the Earn Page, tap on Advance Earn → Smart Leverage to enter the Smart Leverage page.
Step 2: Choose a Smart Leverage Plan
Explore the available plans based on Coin, Direction, Leverage, Breakeven Price, Term and select the one you would like to purchase. Then, tap on Buy Now.
Step 3: Create Your Smart Leverage Plan
Enter the amount you wish to invest and ensure you acknowledge all the parameters you chose. Then, tap on Buy Now.
Tips: Use the simulator to estimate potential Profit and Loss (P&L) by selecting the coin, indicating the direction, and entering the investment amount.
Step 4: Confirm the Order Parameters
Please ensure that all the order parameters you set are accurate. Then, tap on Confirm.
Congratulations! You have successfully subscribed to the plan.
Notes:
— The breakeven price is determined by various factors, including volatility and time remaining until expiration. The breakeven price is calculated in real time.
— Profit is only realized when the settlement price exceeds the breakeven price in the corresponding direction.
View Your Orders
To check the details of your Smart Leverage orders, please tap on View My Order in the pop-up window of the successful order notification.
Alternatively, you can tap on My Holdings at the top right corner of the Bybit Earn page, then select Smart Leverage to enter the Smart Leverage page to view your order details.
Early Redemption
Please go to the details page of the order you would like to redeem. Tap on the details card, and proceed to tap on Redeem.
Notes:
— There may be a slight discrepancy in the actual proceeds, capped at 0.5% due to market movement.
— Early redemption is not possible if the calculated payoff is negative or equal to 0. Additionally, it will no longer be available starting from one hour before settlement.
