On August 15, Bybit EU launched spot margin trading for users within the European Economic Area (EEA). The new feature will allow up to 10× leverage on users’ crypto positions and is fully compliant with the EU’s Markets in Crypto-Assets (MiCA) framework.
This functionality enables users to borrow against crypto holdings to amplify trades. For example, one can use €100 of collateral to execute €1,000 worth of trades. The platform will provide real-time interest rates, strict margin requirements, and automated liquidation safeguards to reduce risk.
Bybit’s eye on Europe
This move follows Bybit EU’s establishment as a fully regulated platform via its MiCA license, secured from Austria’s Financial Market Authority. Bybit EU GmbH, is based in Vienna and serves over 450 million people across 29 EEA countries. The platform offers regulated services such as crypto custody, exchange, and rewards.
Bybit’s European expansion continues with strategic investments: the firm is opening regional offices in countries like France, Germany, Spain, and Italy. The exchange already has its presence in Vienna and Amsterdam. This localization aims to enhance outreach through multilingual support and cater to both retail and institutional users with VIP account offerings and advanced trading tools.
As for its future plans, Bybit is pursuing a MiFID II license, which it hopes to get within the next 6 months. This would permit them to offer derivatives products, including options and futures, in the EU region. According to other media reports, Bybit is also developing its own Web3 wallet. This wallet will have an institutional request-for-quote (RFQ) system and a refined yield interface to streamline multi-asset trading experiences.
What is spot margin trading?
Spot margin trading lets you borrow crypto-assets against your existing holdings to trade with greater exposure, increasing both potential gains and risks. Borrowing fees accrue hourly based on the amount borrowed and the borrowing duration. Positions are automatically closed when collateral falls to 100% of the maintenance margin. With this move, Bybit has shown its commitment to providing fully regulated crypto services across Europe.