The Spot Account on Bybit is a dedicated wallet for managing cryptocurrency deposits, withdrawals, and trading activities. Designed for seamless asset management, it provides access to Bybit's comprehensive suite of spot market products while maintaining robust security protocols.
👉 Start trading crypto with confidence today
Key Features of Bybit's Spot Account
Trading Products
- Spot Trading: Buy/sell cryptocurrencies at current market prices
- Margin Trading: Trade with borrowed funds (up to 3x leverage)
- Leveraged Tokens: Amplify positions without managing collateral
Earn & Borrow Options
- Crypto Loans: Borrow against your holdings
- Lending: Earn interest on idle assets
- Launchpad Rewards: Participate in token sales and earn allocations
Spot Account Dashboard Explained
The Spot Account interface displays critical metrics for informed trading decisions:
| Metric | Definition | Importance |
|---|---|---|
| Total Equity | Sum of all crypto/fiat assets | Portfolio snapshot |
| Today's P&L | Daily profit/loss | Performance tracking |
| Net Equity | Total assets minus liabilities | Risk assessment |
| LTV Ratio | Loan-to-Value percentage | Margin call indicator |
Balance Details
- Available Balance: Funds ready for trading
- Frozen Amount: Assets in active orders
- Wallet Balance: Total holdings per asset
Account Management Features
Asset Transfers
- Deposit/withdraw crypto
- Internal transfers between accounts
- Instant asset conversion
Margin Controls
- Enable/disable margin trading
- Repayment options for borrowed assets
Small Balance Conversion
- Convert dust balances to MNT
- View conversion history
👉 Optimize your crypto portfolio strategy
FAQ: Spot Account Essentials
Q: How do I enable margin trading?
A: Toggle the "Margin" switch in your Spot Account after completing risk disclosures.
Q: Where are Launchpad rewards credited?
A: All allocations automatically deposit to your Spot Account.
Q: What happens if my LTV reaches 95%?
A: The system triggers automatic liquidation to prevent further losses.
Q: Can I track my historical P&L?
A: Yes, the P&L Analysis section provides 7-day performance metrics.
Q: How are small balances handled?
A: Convert amounts below trading minimums to MNT via the dashboard.
Q: Where can I view my lending activity?
A: Navigate to the dedicated Lending section within your Spot Account.
Advanced Functionality
Bybit's Spot Account integrates with:
- ByVotes governance system
- P2P Lending marketplace
- OTC Trading portal
The platform calculates equity using:
- Real-time spot prices
- Index pricing fallback
- Yahoo FX rates for fiat conversion
For comprehensive trading history, visit:
- Spot Order History
- Funding Account records
- Margin trading ledgers