Bybit has introduced a new account type, a Custodial Trading Subaccount to meet the needs of investors to entrust their funds to professional trading teams for asset management.
Investors can create multiple Custodial Trading Subaccounts and bind them with different trading teams. The trading team can use multiple Custodial Trading Subaccounts to manage assets for investors by executing different trading strategies, while protecting their trading strategies from disclosure, including order and trade history.
Please note that the investment agreement is negotiated offline by the investor and the trading team. Bybit is not involved in providing any investment advice or trading of any kind.
The features and restrictions of Custodial Trading Subaccounts are listed below:
Custodial Trading Subaccount Features
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Investors
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Trading Team
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- Funds can be flexibly allocated to multiple Custodial Trading Subaccounts for asset management to different trading teams
- View the equity of your Custodial Trading Subaccounts at any time
- Enjoy the VIP trading fee rates of the trading team for trades under Custodial Trading Account
- Create Custodial Trading Subaccounts under your own management, and link and unlink from trading teams
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- Manage investors' assets with different trading strategies across multiple Custodial Trading Subaccounts
- Trading API functions are supported
- Orders and trade history are only viewable by the trading team to protect the privacy of trading strategies
- Shared VIP trading fee rates are owned by the main account of the trading team
- Trading volume is credited to the main account of the trading team
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Custodial Trading Subaccount Restriction Rules
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Investors
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Trading Team
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- Up to 10 Custodial Trading Subaccounts allowed
- Investors cannot log in to the Custodial Trading Subaccount and/or place an order through the PC or App trading page, as all trades are conducted by the trading team via API
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- Please contact our institutional representative to apply for whitelisting to open a Custodial Trading Subaccount
- The default maximum is 20 Custodial Trading Subaccounts; to increase the number of subaccounts, please contact our institutional representative
- The API parameters of the Custodial Trading Subaccount are based on the API settings in the investor's Custodial Trading Subaccount
- Only USDT Perpetual, Inverse Perpetual, Inverse Futures and Spot trading are supported; currently not available for USDC Perpetuals and USDC Options
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To learn more about trading via the API, please visit here.
For more information, please refer to FAQ — Custodial Trading Subaccount .
2024-11-14 10:29:21
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