Unified Trading Acount

Bitget Introduction to Institutional Loans（UTA）

2025-09-01 09:3301984

Bitget Institutional Lending is a borrowing service specifically for institutional clients. During the loan period, borrowers pay interest, while Bitget provides them with stable and cost-effective funding. The borrowed amount is credited directly to the funding account balance without the need to lock up collateral assets, thereby further enhancing capital utilization efficiency.

Product rules

Institutional Loans with 5x leverage for unified trading accounts

Product name	Institutional Loans with 5x leverage for unified trading accounts
Eligibility	Users of PRO1 and above with institutional identity verification (KYB)
Borrowable assets	USDT、USDC、BTC、ETH
Loan leverage	5x
Supported accounts	Unified trading accounts Third-party custodial accounts and custodial trading sub-accounts are not supported.
Collateral assets	Collateral amount refers to the total USDT value of all institutional lending collateral assets in your unified trading account，more details：Institutional Loan Supporting Collateral Assets Note: When placing a spot order, if you convert collateral assets for your institutional loans into non-collateral assets or collateral assets with a lower haircut, your LTV may reach or exceed the liquidation threshold, causing the order to be immediately liquidated. Please manage your risk to avoid potential asset losses.
Loan term	1–12 months
Interest calculation	Daily interest accrual and monthly interest settlement Daily interest accrued = outstanding loan principal x daily interest rate
Lending account	Dedicated unified trading sub-account in the risk unit
Repayment rules	Repayment date: The repayment date is mutually agreed upon offline and documented in the contract. Repayment scenarios: Scheduled repayment (repay on the agreed-upon due date) Early repayment: You can also choose to repay the loan in advance.If repayment is made in the middle of the month, the repayment principal and interest generated from the 1st of this month until the repayment date. Liquidation repayment: If LTV ≥ 90%, the system will trigger liquidation repayment to lower the LTV to about 80% of the liquidation stop level.
Interest repayment rules	Interest will be automatically deducted and repaid on the first day of each calendar month. Please ensure that sufficient interest funds are credited to your collateral account before the first day of each month to avoid any increase in your LTV ratio resulting from the automatic interest deduction.
Interest-free program	nstitutional Loans offer the opportunity to secure 0% interest through an upon meeting monthly trading volume while otherwise adhering to Bitget Institutional loan interest costing. Please refer to Bitget Institutional Loan Interest-Free Program.

Risk Management

Risk Management	Risk unit rules A risk unit is a group of unified trading sub-account user IDs that are bound together. In a set of main account and sub-accounts, user IDs from different sub-accounts can be assigned to different risk units, but a user ID can only be bound to one risk unit. Each risk unit can be bound with multiple user IDs, but they must come from the same set of main account and sub-accounts. Each risk unit must designate a sub-account user ID in the risk unit as an exclusive sub-account for the loan service. The risk unit can unbind its sub-accounts after the loan repayment in full, or can unbind an individual sub-account after its asset balance becomes zero. OpenAPI can be used to bind unified trading sub-account user IDs to risk units. Refer to the Institutional Loan API for more details. Each institution can create up to 10 risk units, with up to 150 sub-accounts in each risk unit.
	LTV calculation formula Risk management of the risk unit is based on the loan-to-value ratio (LTV), which is calculated as follows: LTV = remaining borrowed amount ÷ risk unit asset value Remaining borrowed amount = remaining unpaid principal + remaining unpaid interest Risk unit asset value = Sum(Min(positive coin equity of collateral assets in the risk unit unified trading sub-account × USD index price × collateral ratio, maximum collateral value)) − Sum(negative coin equity of collateral assets in the risk unit unified trading sub-account × USD index price) Coin equity = balance + reserved + unrealized PnL Note: Positive assets converted − negative assets
	LTV trading restrictions ≥ 80% Transfer restriction: The transfer of collateral assets in the unified trading sub-accounts within the risk unit to external accounts is restricted. The maximum transferable amount is determined by the risk ratio (LTV). When the risk ratio is less than 80%, excessive collateral assets in the risk unit can be transferred to external accounts, on the premise that the risk ratio will not reach 80% after the transfer. ≥ 85% Spot buying restricted: Spot buying in the unified trading sub-accounts within the risk unit is restricted. Futures position opening restricted: Futures position opening in the unified trading sub-accounts within the risk unit is restricted (including USDT-M Futures, Coin-M Futures, and USDC-M Futures). ≥ 90% Spot trading restricted: Spot buying and selling orders in unified trading sub-accounts within the risk unit are restricted. Futures trading restricted: Futures orders in the unified trading sub-accounts within the risk unit are restricted (including USDT-M Futures, Coin-M Futures, and USDC-M Futures).
	Liquidation (new process) When the risk ratio reaches or exceeds 90%, the liquidation and repayment process will be triggered as follows: 1. Cancel open orders: Any open orders of spot, USDT-M and USDC-M perpetual futures, or Coin-M Futures in the UTA will be canceled. 2. No-loss payment: If the transferable assets in your UTA are sufficient for reducing the LTV to approximately 80%, the system will transfer available assets from your UTA for repayment to lower the LTV and end the liquidation. When there is insufficient asset: 3. Transfer and convert balance for repayment: UTA balance in collateral coins of your institutional loan will be transferred and converted for repayment. Example: A user has 3 BTC in their account and needs to repay 100,000 USDT for their institutional loan. Assuming the BTC-to-USDT exchange rate is 30,000 USDT (slippage included), the converted amount would be 90,000 USDT. After the repayment, the remaining debt amount would be 10,000 USDT. 4. Repay until 100% IMR: Transfer collateral coins with positive equity in your UTA until the initial margin rate (IMR) reaches 100% or above. Example: A user needs to repay 100,000 USDT for their institutional loan and has 10,000 USDT in their UTA and 30,000 USDT in unrealized PnL. To reach a 100% IMR, a repayment of 20,000 USDT is required. 20,000 USDT will be transferred from the user's UTA for institutional loan repayment. The user's balance becomes −10,000 USDT, with an unrealized PnL of 30,000 USDT. 5. Repay until100% MMR: Transfer collateral coins with positive equity in your UTA until the maintenance margin rate (MMR) reaches 100% or above. Example: A user needs to repay 100,000 USDT for their institutional loan and has 10,000 USDT in their UTA and 30,000 USDT in unrealized PnL. To reach a 100% MMR, a repayment of 20,000 USDT is required. 20,000 USDT will be transferred from the user's UTA for institutional loan repayment. The user's balance becomes –10,000 USDT, with an unrealized PnL of 30,000 USDT. 6. Address collateral shortfall: If all of the above steps are completed, but the collateral remains insufficient, trading and withdrawals of all user IDs in the risk unit will be restricted. 7.Liquidation settlement fee: A settlement fee will be collected by the Loans Insurance Funds. Please monitor your risk level closely to avoid liquidation. Calculation formula: Liquidation fee = liquidation asset × 2%. 8.Institutional loan liquidation and UTA liquidation If a unified trading sub-account is already undergoing liquidation, it will be excluded from the liquidation triggered by an institutional loan.

Trading mode

Permissions	Main account (UTA)	Institutional loans dedicated sub-account (UTA)	Institutional loan sub-account (UTA)
Spot trading Limit orders and market orders	Supported	Supported	Supported
Spot margin (UTA)	Supported	Coming	Coming
Futures trading Limit orders and market orders Post-only Reduce-only	Supported	Not supported	Supported
Spot elite and copy trading	Not supported	Not supported	Not supported
Futures elite and copy trading	Not supported	Not supported	Not supported
Spot trading Trigger order OCO TP/SL Trailing stop Iceberg order TWAP Spot trading bot Spot grid Spot Martingale Spot position grid Spot CTA Spot auto-invest Smart Portfolio	Not supported	Not supported	Not supported
Futures trading Trigger order Trailing stop Scaled order Iceberg order TWAP Futures trading bot Futures grid Futures Martingale Futures position grid Futures CTA Futures quant bot Futures signal bot Funding rate arbitrage	Not supported	Not supported	Not supported
Convert	Not supported	Not supported	Not supported

LTV Calculation Case

The case is as follows, the client's loan amount is 200000U:

Account assets within the risk unit

UID	Coin	Coin equity of collateral assets	USD index price	Equity
100001	USDT	150,000	1	150,000
100001	USDC	100,000	1	100,000
100001	BTC	2	60,000	120,000
100002	USDT	200,000	1	200,000
100002	BTC	-3	60,000	-180,000
100003	USDT	200,000	1	200,000

Currency assets

Coin	Coin equity of collateral assets	USD index price	Equity
USDT	550,000	1	550,000
USDC	100,000	1	100,000
BTC	-1	60,000	-60,000

Collateral Assets

Coin	Collateral value ratio	Collateral Assets
USDT	100%	1,000,000
USDC	95%	1,000,000
BTC	95%	1,000,000

Step 1: Calculate the unified account collateral assets
Converted assets=550,000 × 100%+100,000 × 95% -60000=585,000 U

Step 2: Calculate LTV
LTV=(remaining unpaid principal + remaining unpaid interest)÷ risk unit asset value (in USDT)=200,000/585,000=34.1%

FAQ

1.How do I apply for an institutional loan?

You must be PRO1 or above and have completed institutional identity verification (KYB). If you are an institution or a high-volume trader seeking greater flexibility, we will also assess your request.
Contact your relationship manager or send your inquiry to institution@bitget.com, and a dedicated BD will contact you.

2.What are the advantages of Institutional Loans?

Supports a wide range of collateral asset types.
Improves fund utilization by supporting up to 5x leverage for loan proceeds that are credited directly to the borrower's account, with no over-collateralization requirement.
Offers competitive interest rates and flexible borrowing amounts, and borrowers who reach certain trading thresholds may qualify for an interest exemption.

3.Supported trading pairs and collateral assets

Supported trading pairs：Ins Loan API
Supported collateral assets：Institutional Loan Supporting Collateral Assets

4.How is interest calculated?

Daily interest accrual begins when the borrowed funds are credited to your account. From that point, the interest will be calculated as debt in your risk unit and automatically deducted from your collateral account on the first day of each month. If you meet interest-free target criteria, the interest charged will be zero.

5.Do Institutional Loans charge fees?

Institutional loans only incur interest charges, with no additional fees. If you meet the criteria for interest exemption, you will be eligible to enjoy interest-free benefits.

6.What is the loan-to-value (LTV) ratio?

Risk management of the risk unit is based on the loan-to-value ratio (LTV), which is calculated as follows: LTV = (remaining unpaid principal + remaining unpaid interest)÷ risk unit asset value (in USDT).

You can manage your LTV ratio by transferring assets to/from your unified trading sub-account risk unit.

You can query the LTV ratio through OpenAPI. Refer to: Ins Loan API

7.How to bind or unbind subaccounts into Risk Unit?

You can manually bind or unbind your UTA sub-accounts into Risk Unit via Ins loan API .

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