
CHAINWIRE · 2026-11-09 14:28 UTC
Bybit Lite Loan: Introducing Crypto-Backed Borrowing With 30-day No Liquidation Period
Bybit announced Bybit Lite Loan, a crypto-backed product letting users borrow USDT or USDC against BTC or ETH, with no liquidation during the 30-day loan term. A limited-time promotional service fee of 0.5%, half the standard 1%, applies to eligible orders placed between November 9 and December 8, 2026. Loans include a 30-day term plus a 30-day grace period, and Bybit also introduced Trade Auto-Repayment for its Unified Trading Account, applying spot trade proceeds to outstanding loan liabilities.
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