Bybit, the second-largest cryptocurrency exchange by volume, has launched spot margin trading at up to 10x leverage for its European users, in compliance with the EU’s Markets in Crypto Assets (MiCA) regulations. This feature allows users of Bybit EU to borrow against their crypto holdings as collateral, enabling them to trade larger amounts than their wallet balance allows. For instance, a user with $100 can execute a $1,000 trade using this leverage. The platform includes safeguards like liquidation controls and real-time updates on interest rates, margin requirements, and collateral ratios. This launch reflects an industry trend, as more regulated firms explore diverse crypto products under the MiCA framework. Bybit EU's CEO emphasized the importance of transparency, risk education, and user control in utilizing spot margin trading effectively.

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