Deposits and Withdrawals on Bybit

How to make a deposit and withdrawal?

• Deposit
• Withdraw

How long does it take to withdraw my funds?

Is there a fee for deposit or withdrawal?

Is there a minimum amount for deposit or withdrawal?

How to make a deposit and withdrawal?

Click on "My Assets" at the top right hand corner of the home page, and it will direct you to the Assets page. Choose the type of currency you want to deposit or withdraw, and then click on the corresponding button.

For traders using Bybit’s APP, please click the button located at the bottom right hand corner of the page,  and click the "Deposit" or “Withdraw” button, then select the currency to proceed to the next step.

As shown in the figure above, currently, Bybit only accepts BTC, ETH, XRP, EOS and USDT deposits and withdrawals. 

Let's take a closer look at how to deposit and withdraw, taking USDT as an example. 

• Deposit:

  How to make a deposit?

After clicking "Deposit", you will be directed to your Bybit deposit address. From there, you can either scan the QR code or you can copy the deposit address.

As you can see from the "Chain Type" section, USDT deposits support three types of chains, namely ERC-20, TRC-20 and OMNI.

 (On Desktop)   

  (On Mobile App)     

It’s worth noting that the TRC-20 deposit will be reflected inside your account after receiving 100 confirmations on the blockchain. There are 30 and 1 confirmation(s) for ERC-20 and OMNI respectively.

Note: 

- For ETH deposit: Bybit currently only supports ETH direct transfer, please do not transfer your ETH using Smart Contract Transfer.

- For EOS deposit: When transferring to the Bybit wallet, please remember to fill in your UID as a “Memo”, otherwise, the deposit will not be successful.

- For XRP deposit: 

How to Deposit XRP?

When transferring to the Bybit wallet, please be sure to fill in your UID as ”tag”, otherwise, the transfer will not be reflected in your trading account.

Also please do not transfer any other cryptocurrencies to the wallet address; otherwise, the assets will be lost forever.

• Withdraw:

    How to withdraw funds?

Before you can submit a withdrawal request, please make sure that you have linked up your withdrawal wallet address to your Bybit account. 

For traders on the web, if you have not added a withdrawal address yet, please click "Add" to set your withdrawal address.

Next, proceed according to the following steps:

1. Select “Chain Type”: ERC-20, TRC-20
2. Click on the “Wallet Address” and select the address of your receiving wallet.
3. Enter the amount you want to withdraw, or click the "All" button to make a full withdrawal.
4. Click” Submit”. 

For traders who use the APP, please select “ERC -20” or “TRC-20”. Then, enter an amount or click the “All” button to withdraw all funds, before clicking “Next”. After selecting the address of the receiving wallet, click "Submit". 

If you have not linked your withdrawal wallet address, please click “Wallet Address” to create your receiving wallet address.

Please take note that ERC-20 and TRC-20 have distinct deposit and withdrawal addresses. Make sure to enter the specific address when making USDT withdrawals via TRC-20.  

Please be careful! Failure to select the corresponding network will result in a loss of funds.

Note:
- For the withdrawal of XRP and EOS, please remember to enter your XRP Tag or EOS Memo for the transfer. Failure to do so will cause unnecessary delays in processing your withdrawals.

                                            (On Desktop)                                           (On Mobile App)                  

After you click on the ”Submit” button, you will be directed to this page to obtain your Google Authenticator 2FA security code:

Once the system successfully validates your 2FA code, an email containing the details of your withdrawal request will be sent out to the account's registered email address. You will need to click on the verification link button to verify your withdrawal request. Please check your email inbox for this email.

Note: 

- If the email is not found inside your Inbox, please check your junk/spam folder. The verification email will only be valid for 30 minutes. 

How long does it take to withdraw my funds?

Please take note that Bybit process all withdrawal requests 3 times a day at 0800,1600 and 2400 UTC. The cut-off time for withdrawal request will be 30 minutes before the scheduled withdrawal processing time.

For example, all requests made before 0730 UTC will be processed at 0800 UTC. Requests made after 0730 UTC will be processed at 1600 UTC.

Note: 

- Once you have successfully submitted a withdrawal request, all the remaining bonuses in your account will be cleared to zero.

Is there a fee for deposit or withdrawal?

Yes. Please take note of the withdrawal fee that will be incurred for all withdrawals from Bybit. 

Is there a minimum amount for deposit or withdrawal?

No minimum deposit is required. But please note the list below for our minimum withdrawal amounts.