To further enhance the trading experience and convenience for our customers, traders are now able to exchange their coins directly on Bybit for any of the other six cryptocurrencies available on the platform - BTC, ETH, EOS, XRP, USDT and DOT.
Notes:
1. No fees for asset exchanges. By exchanging your assets directly on Bybit, traders do not have to pay two-way transfer miner fee.
2. The transaction limit / 24 hours exchange limit for a single account is shown below:
| Coins | Per Transaction Minimum limit | Per Transaction Maximum limit | 24 hours user exchange limit | 24 hours platform exchange limit |
| BTC | 0.001 | 20 | 200 | 4000 |
| ETH | 0.01 | 250 | 2500 | 50,000 |
| EOS | 2 | 100,000 | 1,000,000 | 3,000,000 |
| XRP | 20 | 500,000 | 5,000,000 | 60,000,000 |
| USDT | 1 | 1,000,000 | 10,000,000 | 150,000,000 |
| DOT | 1 | 10,000 | 10,000 | 10,000 |
3. The bonus balance cannot be converted to other coins. It will not be forfeited upon submitting any coin conversion request as well.
4. The Real-Time Exchange Rate is based on the best quote price from several market makers according to the current index price.
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Here is a detailed guide on the steps you can take to easily exchange assets.
Via Web
Step 1: Please head to the Assets column on the right side of the derivatives trading page and click Exchange.
Step 2: An exchange pop-up window will appear. When that happens, follow the steps as listed below:
1. Select the asset that you want to exchange
2. (a) Enter the amount you want to exchange, or
(b) Use the percentage bar to select an exchange amount
3. Click on Request Quote to view the latest exchange rate.
4. Click on Exchange
Step 3: Before clicking on Confirm, please take note of the following three points:
— The execution price may deviate slightly from the quoted price.
— If the real-time exchange rate and quoted rate differ by more than 0.5%, your order will be automatically cancelled.
— Under cross margin, your action may affect your liquidation price.
Step 4: Click on Confirm
Congratulations! Your assets have been successfully exchanged.
Via App
Step 1: Please click the Assets button located at the bottom right-hand corner of the page. Then click Exchange under Derivatives to enter the exchange page.
Step 2: On the exchange page, you can execute the following steps:
- Select the asset that you want to exchange
- Enter the desired exchange amount
- View the information on exchange rates
- Click on Confirm
Congratulations! Your assets have been successfully exchanged.
Notes:
— The execution price may deviate slightly from the quoted price.
— If the real-time exchange rate and quoted rate differ by more than 0.5%, your order will be automatically cancelled.
— Under cross margin, your action may affect your liquidation price.