Dubai, United Arab Emirates, November 9, 2026 — Chainwire

Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched Bybit Lite Loan, a streamlined crypto-backed lending product that allows users to borrow USDT or USDC, both dollar-denominated stablecoins, against BTC or ETH in just a few steps, without managing complex margin parameters.

The product gives traders a way to unlock liquidity without selling their assets. By borrowing stablecoins against Bitcoin or Ethereum holdings, users can meet short-term cash needs, cover expenses, seize a trading opportunity, or rebalance a portfolio — all while retaining full upside exposure to their collateral.

To mark the launch, Bybit is offering a limited-time 50% discount on the service fee, reducing it to 0.5% from the standard 1%, for all eligible orders initiated between November 9 and December 8, 2026.

Bybit Lite Loan Highlights

• Stress-free set-up: No liquidation during the initial 30-day loan term, regardless of market conditions, subject to applicable product terms.
• 0.5% service fee: Limited-time offer at 50% off; a one-time prepaid charge with no hidden interest accruals.
• Extended repayment window: A 30-day term plus an additional 30-day grace period, offering up to 60 days of flexible liquidity.
• Flexible repayment: Users can choose manual or automatic repayment modes in the borrowed asset.

The no-liquidation guarantee during the 30-day term removes the anxiety of margin calls in volatile markets, while the flat, prepaid fee structure means costs are known upfront with no compounding interest surprises. Liquidation mechanics are a defining term in crypto-backed lending: under conventional collateralized arrangements, pledged assets that fall below required thresholds can be automatically sold to protect the lender, so a fixed no-liquidation window for the first month stands out in a category where fee levels, loan durations, and liquidation policies are the levers that most clearly separate one product from another. For users seeking the simplicity of a traditional loan inside a crypto-native environment, Lite Loan bridges that gap. Full product details are available in the Bybit Help Center.

UTA Upgrade: Trade Auto-Repayment

Alongside the launch, Bybit has introduced Trade Auto-Repayment for Loan users on its Unified Trading Account (UTA). Once enabled, assets received from spot trades are automatically applied to outstanding borrowing liabilities, reducing interest costs with zero manual effort.

The feature includes an extreme-market safeguard that pauses cross-currency repayment during abnormal price conditions, as well as enhanced API controls with a global toggle and automatic inheritance for newly listed assets. Further guidance can be found in the UTA borrowing and repayment documentation.

Terms and conditions apply. For details on availability and eligibility, users may refer to the official announcement: Explore Bybit Lite Loan: No Liquidation for 30 days. Once the promotional window closes on December 8, 2026, the standard 1% service fee applies again, and any subsequent updates to availability, eligibility, or product terms will be reflected in the official announcement and Help Center.

About Bybit

Bybit is The New Financial Platform. The company believes every person should have access to every financial opportunity on earth, and is building the first intelligent platform that connects anyone, anywhere to the world's finance. Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world. Learn more at Bybit.com.

More information about the company is available at Bybit Press.

Media contacts: media@bybit.com; Head of PR Tony Au, Bybit — tony.au@bybit.com.