Guide to Leveraged Trading with USDT on Bybit

On the Bybit platform, using USDT for leveraged trading requires registration, recharge USDT, turning on the leverage function, selecting trading pairs and leverage multiples, placing an order and risk management.

Mar 28, 2025 at 04:25 pm

In the cryptocurrency trading field, leveraged trading provides investors with the opportunity to make a big splash with small splashes, and USDT, as a widely used stablecoin, is often used in such transactions. Bybit is a well-known cryptocurrency trading platform that provides users with a wealth of trading tools and functions, including using USDT for leveraged trading. This guide will provide you with detailed information on how to use USDT for leveraged trading on the Bybit platform to help you better grasp investment opportunities.

1. Register and log in to the Bybit account

If you do not have a Bybit account, you must first go to the Bybit official website (https://www.bybit.com/) to register. Fill in relevant information and complete email verification and identity authentication (KYC) are important steps to ensure transaction security and compliance. After the authentication is passed, use the registered account and password to log in to the Bybit platform.

2. Recharge USDT to Bybit account

After logging in, click the "Wallet" option at the top of the page to enter the wallet interface. Find the "Recharge" button in your wallet, select the USDT currency, and select the appropriate recharge network (such as ERC-20, TRC-20, etc., the handling fees and arrival speeds of different networks vary). Copy the recharge address provided by the platform, go to the wallet or other trading platform where you hold USDT, and send USDT to that address. After the transfer is successful, the corresponding USDT balance will be displayed in your Bybit account.

3. Turn on the leverage trading function

On the Bybit home page, find the "Trade" option and click "Permanent Contract" or "Leveraged Trading" in the drop-down menu (the specific name may vary slightly due to platform updates). When you enter the leveraged trading interface for the first time, the system will prompt you to enable the leveraged trading function. After reading the relevant risk warnings and agreements, confirm that they are enabled.

4. Select a trading pair and set a leverage multiple

In the leveraged trading interface, you can see numerous cryptocurrency trading pairs. Select a pair that you want to trade and supports USDT leveraged trading, such as BTC/USDT. In the trading interface, find the "Leverage Multiple" setting option. Bybit usually provides a variety of leverage multiples for you to choose from, such as 1x, 5x, 10x, etc. Choose the right leverage multiple carefully based on your judgment of the market and risk tolerance. Please note that the higher the leverage multiple, the greater the potential benefits and risks.

5. Order transaction

After determining the trading pair and leverage multiple, you can place an order. Select the order type such as "limit order" and "market order" in the trading interface. A limit order is when you set an expected price to buy or sell; a market order is to be sold immediately at the best price in the current market. Enter the USDT quantity or the corresponding cryptocurrency quantity you want to trade, click the "Buy" or "Sell" button after confirming that it is correct, and complete the ordering operation.

6. Risk Management

Leveraged trading is at high risk, and reasonable risk management is crucial. During the trading process, set the stop loss and take profit points. Stop loss can help you control losses when market trends are unfavorable, while stop profits can ensure that profits are locked in time when expected returns are met. At the same time, pay close attention to market trends and adjust trading strategies in a timely manner according to market changes.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

KEEP

$0.1002

37.62%

Trade Now
0x0

$0.1206

31.34%

Trade Now
STMX

$0.0044

29.94%

Trade Now
WAL

$0.5640

23.03%

Trade Now
AI16Z

$0.2002

21.62%

Trade Now
DOGINME

$0.0016

20.49%

Trade Now

Latest Crypto News

RUVI, an Innovative Blockchain Project, is Aligning Artificial Intelligence with Decentralized Technology to Create Impactful Solutions
2025-04-02 05:25:12
Binance Suspends USDT Spot Trading of Tether (USDT) and Other Stablecoins in the EEA
2025-04-02 05:25:12
Kristin Smith, the longtime CEO of the Blockchain Association, is leaving next month to take a role as president of the new Solana Policy Institute
2025-04-02 05:20:12
GoMining Launches $100M Bitcoin (BTC) Mining Fund for Institutional Investors
2025-04-02 05:20:12
Larva To Moon (LARVA) Meme Coin Market Captures the Adventurous Spirit of Red and Yellow Larva Protagonists
2025-04-02 05:15:12
Cardano (ADA) Founder Charles Hoskinson Opens Up About His Ties to Ripple Labs Execs
2025-04-02 05:15:12

Related knowledge

OKX Exchange v6.113.0 latest official Android version usage tutorial

Apr 01,2025 at 04:19pm

As a world-renowned digital asset trading platform, Ouyi Exchange provides users with rich digital asset trading services, supporting the transaction of various digital currencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT). Its official latest Android version of v6.113.0 has been further optimized in terms of functions and experience, bringing...

Where is the reward for Binance to invite new users to make money?

Mar 31,2025 at 01:58pm

Detailed explanation of Binance invitation reward mechanismBinance’s invitation reward mechanism is not directly distributed to the inviter in cash, but is operated through a point reward system . The rewards received by the inviter depend on the volume and activity of the invited user on the Binance platform. This is different from the direct cash reba...

Does the OKX invitation code support cross-chain transfer?

Apr 02,2025 at 04:43am

Understanding OKX Invitation Codes and Cross-Chain TransfersAn OKX invitation code is a referral link used to sign up for an account on the OKX cryptocurrency exchange. It often provides benefits like trading fee discounts or bonuses for both the inviter and the invitee. Cross-chain transfers, on the other hand, refer to the movement of cryptocurrencie...

Does the OKX invitation code support grid trading?

Apr 01,2025 at 06:28am

Understanding OKX and Grid TradingOKX is a prominent cryptocurrency exchange offering a wide range of trading options, including spot trading, futures trading, and perpetual contracts. Grid trading, a popular automated trading strategy, is also available on the platform. However, the question of whether an OKX invitation code directly influences or imp...

Does the OKX invitation code support leveraged trading?

Apr 01,2025 at 01:35am

Understanding OKX Invitation Codes and Leveraged TradingAn OKX invitation code is a unique alphanumeric string provided by existing OKX users to new users. It offers various benefits, often including discounts on trading fees or bonuses. However, the crucial point is that the invitation code itself doesn't directly affect whether you can use leveraged ...

Does the OKX invitation code support OTC trading?

Apr 01,2025 at 11:14pm

Understanding OKX Invitation Codes and OTC TradingAn OKX invitation code is a unique alphanumeric string provided by existing OKX users to new users. It offers benefits like trading fee discounts or bonuses upon signup. However, its functionality is primarily limited to the registration process and doesn't directly impact OTC (Over-the-Counter) trading...