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    Home»Tutorials»How to Withdraw from Bybit
    Tutorials

    How to Withdraw from Bybit

    August 15, 2023No Comments6 Mins Read223 Views
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    Looking to withdraw some of that profit you’ve earned from trading on Bybit?


    REGISTER AN ACCOUNTOpen Demo Account

    Contents

    1. How to make a withdrawal
    2. How long does it take to withdraw my funds?
    3. Is there a maximum amount limit for a single instant withdrawal?
    4. Is there a fee for deposit or withdrawal?
    5. Is there a minimum amount for deposit or withdrawal?

    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.
    How to Withdraw from Bybit
    How to Withdraw from Bybit
    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.

    How to Withdraw from Bybit How to Withdraw from Bybit

    How to Withdraw from Bybit
    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)
    How to Withdraw from Bybit
    How to Withdraw from Bybit
    (On Mobile App)

    How to Withdraw from Bybit How to Withdraw from Bybit

    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.
    How to Withdraw from Bybit
    How to Withdraw from Bybit
    How to Withdraw from Bybit
    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.

    How to Withdraw from Bybit How to Withdraw from Bybit How to Withdraw from Bybit

    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
    How to Withdraw from Bybit
    On App
    How to Withdraw from Bybit

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

    The following two verification steps are required.
    How to Withdraw from Bybit
    1. Email verification code:

    a. Click “Get Code” and drag the slider to complete verification.
    How to Withdraw from Bybit
    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.
    How to Withdraw from Bybit
    2. Google Authenticator code: Please enter the six (6)-digit Google Authenticator 2FA security code you obtained.
    How to Withdraw from Bybit
    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.


    REGISTER AN ACCOUNTOpen Demo Account

    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
    1. Wallet 2.0 supports immediate withdrawal.
    2. Wallet 1.0 supports processing all withdrawal requests 3 times a day at 0800,1600 and 2400 UTC.
    3. 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


    REGISTER AN ACCOUNTOpen Demo Account

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