How to Withdraw from Bybit

Mar 17, 2023 1778 0

Looking to withdraw some of that profit you’ve earned from trading on Bybit?

How to make a withdrawal

For traders on the web, click on “Assets / Spot Account” at the top right-hand corner of the home page, and it will direct you to the Assets page under Spot Account. Then, click “Withdraw” in the column of the crypto you want to withdraw.

For traders using Bybit’s app, please click on “Assets” located at the bottom right-hand corner of the page. Click the “Withdraw” button, then select the currency to proceed to the next step.

Bybit currently supports BTC, ETH, BIT, XRP, EOS, USDT, DOT, LTC, XLM, Doge, UNI, SUSHI, YFI, LINK, AAVE, COMP, MKR, DYDX, MANA, AXS, CHZ, ADA, ICP, KSM, BCH, XTZ, KLAY, PERP, ANKR, CRV, ZRX, AGLD, BAT, OMG,TRIBE, USDC, QNT, GRT, SRM, SOL and FIL withdrawals.

Note:

— Withdrawals will be performed directly via the Spot account.

— If you want to withdraw assets in the Derivatives account, please first transfer the assets in the Derivatives account to the spot account by clicking “Transfer”.

(On Desktop)

(On Mobile App)

Taking USDT as an example.

Before you can submit a withdrawal request, please make sure that you have linked 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 or TRC-20

2. Click on “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.

It is worth noting that ERC-20 and TRC-20 have distinct 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 withdrawal.

On Desktop

On App

After you click on the “Submit” button, you will be directed to the withdrawal verification page.

The following two verification steps are required.

1. Email verification code:

a. Click “Get Code” and drag the slider to complete verification.

b. An email containing your email verification code will be sent to the registered email address of the account. Please enter the verification code you received.

2. Google Authenticator code: Please enter the six (6)-digit Google Authenticator 2FA security code you obtained.

Click “ Submit”. Your withdrawal request has been successfully submitted!

Note:

— If the email is not found inside your inbox, please check your email’s spam folder. The verification email will only be valid for 5 minutes.

— The withdrawal process may take up to 30 minutes.

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 inbox for the email containing your withdrawal details.

How long does it take to withdraw my funds?

Bybit supports immediate withdrawal. The processing time depends on the blockchain and its current network traffic.Please take note that Bybit process some withdrawal requests 3 times a day at 0800, 1600 and 2400 UTC. The cutoff time for withdrawal requests 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 maximum amount limit for a single instant withdrawal?

Currently, yes. Please refer to the details below.

Coins	Wallet 2.0¹	Wallet 1.0²
BTC		≥0.1
ETH		≥15
EOS		≥12,000
XRP		≥50,000
USDT	Unavailable	Refer to withdrawal limit³
Others	Support instant withdrawal. Refer to withdrawal limit³	Support instant withdrawal. Refer to withdrawal limit³

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.

Is there a fee for deposit or withdrawal?

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

Coin	Withdrawal Fees
AAVE	0.16
ADA	2
AGLD	6.76
ANKR	318
AXS	0.39
BAT	38
BCH	0.01
BIT	13.43
BTC	0.0005
CBX	18
CHZ	80
COMP	0.068
CRV	10
DASH	0.002
DOGE	5
DOT	0.1
DYDX	9.45
EOS	0.1
ETH	0.005
FIL	0.001
GODS	5.8
GRT	39
ICP	0.006
IMX	1
KLAY	0.01
KSM	0.21
LINK	0.512
LTC	0.001
LUNA	0.02
MANA	32
MKR	0.0095
NU	30
OMG	2.01
PERP	3.21
QNT	0.098
SAND	17
SPELL	812
SOL	0.01
SRM	3.53
SUSHI	2.3
TRIBE	44.5
UNI	1.16
USDC	25
USDT (ERC-20)	10
USDT (TRC-20)	1
WAVE	0.002
XLM	0.02
XRP	0.25
XTZ	1
YFI	0.00082
ZRX	27

Is there a minimum amount for deposit or withdrawal?

Yes. Please note the list below for our minimum withdrawal amounts.

Coin	Minimum Deposit	Minimum Withdrawal
BTC	No minimum	0.001BTC
ETH	No minimum	0.02ETH
BIT		8BIT
EOS	No minimum	0.2EOS
XRP	No minimum	20XRP
USDT(ERC-20)	No minimum	20 USDT
USDT(TRC-20)	No minimum	10 USDT
DOGE	No minimum	25 DOGE
DOT	No minimum	1.5 DOT
LTC	No minimum	0.1 LTC
XLM	No minimum	8 XLM
UNI	No minimum	2.02
SUSHI	No minimum	4.6
YFI		0.0016
LINK	No minimum	1.12
AAVE	No minimum	0.32
COMP	No minimum	0.14
MKR	No minimum	0.016
DYDX	No minimum	15
MANA	No minimum	126
AXS	No minimum	0.78
CHZ	No minimum	160
ADA	No minimum	2
ICP	No minimum	0.006
KSM		0.21
BCH	No minimum	0.01
XTZ	No minimum	1
KLAY	No minimum	0.01
PERP	No minimum	6.42
ANKR	No minimum	636
CRV	No minimum	20
ZRX	No minimum	54
AGLD	No minimum	13
BAT	No minimum	76
OMG	No minimum	4.02
TRIBE		86
USDC	No minimum	50
QNT	No minimum	0.2
GRT	No minimum	78
SRM	No minimum	7.06
SOL	No minimum	0.21
FIL	No minimum	0.1