# Bybit Launches Lite Loan With 30-Day No-Liquidation Period By John Kim Canonical URL: https://www.tokenpost.com/news/business/52365 Published: 2026-11-09T14:44:30.000Z Updated: 2026-11-09T14:44:30.000Z Section: Business > Borrowers have an additional 30-day grace period to repay. Eligible orders initiated from Nov. 9 to Dec. 8 carry a 0.5% prepaid service fee. Crypto exchange Bybit launched Lite Loan Monday, allowing users to borrow Tether (USDT) or USD Coin (USDC) against Bitcoin (BTC) or Ether (ETH) without liquidation during the initial 30-day term, subject to product terms. Subject to applicable product terms, the no-liquidation provision applies throughout the initial term regardless of market conditions. A further 30-day grace period gives borrowers up to 60 days from the start of the loan to repay. Borrowers can choose manual or automatic repayment and must repay in the asset they borrowed. Lite Loan carries a one-time prepaid service fee, normally set at 1%. In the U.S., Coinbase introduced [a fixed-rate, fixed-term crypto-backed borrowing option on Base]() on Sept. 22 for verified customers outside New York. That option lets borrowers set their borrowing costs and repayment dates in advance. Eligible Lite Loan orders initiated from Nov. 9 to Dec. 8 carry a 0.5% service fee, half the standard rate. ## Links in this article - [a fixed-rate, fixed-term crypto-backed borrowing option on Base](https://www.tokenpost.com/news/business/35043)