Leveraged Tokens can be traded — that is, you can buy or sell — on the Spot market. Here’s a guide to help you start your first Leveraged Token trading on Bybit.

• Activate Leveraged Tokens Trading

• Subscribe and Redeem Leveraged Tokens

• View Your Order History

Activate Leveraged Tokens Trading

Step 1: Click on Trade in the navigation bar, select ETP (Leveraged Tokens) in the drop-down menu, and tap on the Leveraged Token trading pair you want to trade. You’ll then be directed to the trading page.

 

Step 2: For users visiting the Leveraged Token trading page for the first time, a Risk Alert pop-up box will appear. Please ensure you fully understand its information before clicking Acknowledge & Enable Leveraged Tokens.

 

Step 3: You can now use the order zone on the right side of the page to place your Leveraged Tokens order.

 

If you’d like to view more information on the Leveraged Token, please hover on the Leverage icon under to the trading pair, and click on Read More to view more product details including NAV Graph, General Info, Product Info and Rebalancing History.

 

 

To learn more about how to buy or sell Leveraged Tokens on the Spot market, please refer to How to Get Started With Spot Trading.

 

Subscribe and Redeem Leveraged Tokens

Step 1: Click on Trade in the navigation bar, select ETP (Leveraged Tokens) in the drop-down menu, and tap on the Leveraged Token trading pair you want to trade. You’ll then be directed to the trading page.

 

 

 

 

 

 

Step 2: Head to the order zone on the right and click on Subscription & Redemption

 

Step 3: Click on Subscription or Redemption. Then enter the number of Leveraged Tokens you want to subscribe or redeem. Next, click on Yes to complete the subscription or redemption process.

 

 

View Your Order History

There are two ways to view your order details: 

a) Click on Subscription History in the position tab to view.

 

b) Head to Orders → Spot Order → Subscription & Redemption History and click on Subscription or Redemption. You can check it more conveniently through the settings of the Asset, Order Status and Order Time.

 

 

Please note that traders are not allowed to subscribe or redeem tokens during rebalancing.