Bybit Launches 10x Spot Margin Trading for European Users
Bybit has launched spot margin trading for European users with up to 10x leverage, aligning with the MiCA regime. Key points include:
- Available to users of Bybit EU based in Austria.
- Allows borrowing against existing crypto holdings to trade beyond wallet balances.
- A user with $100 can execute a $1,000 trade using 10x leverage.
- Regulated firms like Bitpanda also introduced similar trading options recently.
- Features safeguards including liquidation controls and real-time interest rates.
CEO Mazurka Zeng emphasized the importance of transparency and risk education in utilizing spot margin trading effectively.