Q) Why I am unable to see any withdrawable balance when I have funds in Derivatives and Byfi account?
A: Traders will need to transfer the assets from derivatives/Byfi account to spot account first, to understand more please click here.
Q) Does Bybit support immediate withdrawal?
A: Yes. There is also maximum amount limit for a single immediate withdrawal. For more details, please refer to the table below. Immediate withdrawal may take up to 30 minutes to process.
Support immediate withdrawal. Refer to withdrawal limit3
*As of 09 December 2021 at 1400 UTC.
- Wallet 2.0 supports immediate withdrawal.
- Wallet 1.0 supports processing all withdrawal requests 3 times a day at 0800, 1600 and 2400 UTC.
- Please refer to KYC daily withdrawal limit requirements.
Q) Are there any withdrawal limits on the Bybit platform?
A: Yes, there are. Please refer to the table below for more details. This limit will be reset daily at 0000 UTC
|KYC Level 0
(No verification required)
KYC Level 1
KYC Level 2
|2 BTC*||50 BTC*||100 BTC*|
*All token withdrawal limits shall follow BTC index price equivalent value. For more information on KYC, please proceed to this page.
For any special request, please reach out to our live chat support
Q) Is there a minimum amount for withdrawal?
A: Yes, there is. Please refer to the table below for more details. Please note that Bybit pays a standard miner fee. Hence, it is fixed for any withdrawal amount.
|Coin||Minimum Withdrawal||Withdrawal Fees|
Q) When does Bybit process withdrawal requests?
A: Immediate withdrawal may take up to 30 minutes to process. For withdrawal that is not supported for Immediate withdrawal, Bybit processes and review the withdrawal requests at 3 fixed time intervals at 0800, 1600 and 0000 UTC. Traders can expect their withdrawals to be credited in your destination wallet within 1-2 hours after the withdrawal processing time.
Q) Why are Bybit withdrawal fees relatively higher compared to other platforms?
A: Bybit charged a fixed fee for all withdrawals and dynamically adjust the batch transfer miner fee to a higher level to ensure the faster confirmation speeds of withdrawals on the blockchain.
Q) Can traders fix their own withdrawal fees on Bybit?
A: At the moment, no. However, Bybit is considering enabling this option for traders to determine their own withdrawal fees in the future.
Q) What do the various statuses inside Withdrawal History symbolizes?
a) Pending Email Confirmation = Traders need to login to the inbox of their registered email address to confirm the withdrawal confirmation email.
b) Pending Review = Traders have successfully submitted their withdrawal request and are pending a withdrawal review at 0000, 0800 and 1600 UTC.
c) Pending Transfer = The withdrawal request has been successfully reviewed and pending submission onto the blockchain.
d) Successfully Transferred = The withdrawal of assets is successful and complete.
e) Confirmation Email Expired = The withdrawal confirmation email sent to your inbox has expired. If traders would like to continue to withdraw their assets, please resubmit a new withdrawal request.
f) Rejected = The withdrawal request has been rejected due to varying reasons.
g) Canceled = The withdrawal request has been canceled by the user.
Q) Does Bybit support withdrawals to a Smart Contract ETH wallet address?
A: No, Bybit does not support ETH withdrawals via Smart Contracts method. Instead, Bybit only supports ETH withdrawals via Direct Transfer method.
Q) I tried to transfer ETH from my spot wallet to Bybit wallet address and it states that Bybit ETH wallet address is not EIP55 ready. What can I do?
A: Convert your account's Bybit ETH wallet address to become EIP55 ready. To do so, copy your ETH wallet address into Etherscan, perform a search and the corresponding EIP55-ready wallet address will appear on the top left corner (red box)
Q) Does Bybit support XRP/EOS/XLM/XYM/XEM withdrawals to a wallet address without a tag/memo?
Yes, Bybit does support XRP, EOS, XLM, XYM, XEM withdrawals to a wallet address without tag/memo. However, please be aware that it is the traders' sole responsibility to check with their destination wallet address provider on the need to indicate a tag/memo when transferring XRP, EOS, XLM, XYM, XEM out of Bybit.
Bybit will not be responsible for any missing coins due to withdrawal without indicating any tag/memo.
Q) Does Bybit support USDT withdrawal via Omni blockchain?
A: No, Bybit does not support USDT withdrawals via Omni. Instead, Bybit only supports ERC20 and TRC20 USDT withdrawals via ETH blockchain.
Q) Why is my account restricted from performing a withdrawal?
A: For account and asset security purposes, please be informed that the following actions will lead to withdrawal restrictions for 24 hours.
1. Change or reset of account password
2. Change of registered mobile number