Removal of Support for Unified Margin Account (UMA)Jul 7, 2023Product Updates

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By BitcoinWiki News

  • ByBit has announced the removal of support for Unified Margin Account (UMA) as of July 7, 2023.
  • This update has implications for users trading Bitcoin and other cryptocurrencies on the ByBit platform.
  • The decision to remove UMA support reflects a strategic shift in ByBit’s product offerings.
  • Users will no longer be able to utilize UMA for Bitcoin trading or any other cryptocurrency on the platform.
  • ByBit is taking this step to streamline its services and focus on other features that align more closely with its business objectives.
  • It is advised for users to adjust their trading strategies and adapt to the removal of UMA support accordingly.
  • ByBit remains committed to providing a seamless and efficient trading experience for its users despite this change.

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