With your crypto investments hitting their target price, it's time to lock in your profits. Knowing how to withdraw money from Bybit efficiently and securely is essential for any trader aiming to capitalize on market movements without losing momentum.
Whether you're transferring funds to a bank account, a personal crypto wallet, or another exchange, Bybit offers multiple withdrawal methods tailored to different needs. This guide covers everything from Bybit withdrawal time, fees, and limits, to step-by-step instructions across web and mobile platforms—ensuring you can exit the market confidently and correctly.
How to Withdraw Money From Bybit’s Fiat Withdrawal
One of the most straightforward ways to cash out is through Bybit’s fiat withdrawal terminal. Though it's not immediately visible on the homepage, accessing it is simple with the right steps.
Step-by-Step Guide (Web Version)
- Log in to your Bybit account. If you're new, sign up using your email, mobile number, or social login.
- Complete identity verification (KYC) if you plan to exceed $20,000/day in withdrawals. While not mandatory for small amounts, verified users enjoy higher limits—starting at $100,000/day.
- Navigate to Buy Crypto > Fiat Deposit > Fiat Withdrawal.
- Enter the withdrawal amount and select your preferred fiat currency (e.g., EUR, GBP, BRL).
- Choose a payment method such as SEPA, PIX Key, or Zen.com based on your region.
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Supported Currencies & Fees
Bybit supports a wide range of local and global currencies, though USD is currently not available for this method. Processing times vary:
- SEPA (EUR): 1–3 business days, fee ≈ 0.08% + 0.28 EUR
- PIX (BRL): Instant, zero fees
- Faster Payments (GBP): Same-day, £1.00 fee
⚠️ Withdrawals made over weekends may arrive by mid-week due to banking delays.
This method allows direct transfers to bank accounts or digital wallets, making it ideal for users seeking quick access to traditional currency.
How to Withdraw Money Using Bybit’s One-Click Buy
For greater flexibility, especially when USD withdrawals are needed, One-Click Buy/Sell offers an alternative path.
Key Features:
- Supports USD and over 100 cryptocurrencies
- Integrates with PayPal, Revolut, and P2P trading
- Real-time pricing with instant execution
Steps:
- Go to One-Click Buy and switch to the Sell tab.
- Select your crypto asset and desired fiat currency.
- Choose a payment method from the available options.
- Review the estimated payout and click Sell.
This feature is particularly useful for users who want direct access to USD or prefer popular fintech platforms for faster settlements.
How to Withdraw Crypto From Bybit
If you prefer holding or trading your assets elsewhere, withdrawing crypto directly gives you full control.
To a Personal Wallet (e.g., Ledger Flex)
Storing crypto offline in a hardware wallet like Ledger enhances security significantly.
Steps:
- Click Withdraw under your profile.
- Enable two-factor authentication (2FA) if not already active.
- Select the cryptocurrency (e.g., BTC, ETH, USDT).
- Choose On-Chain Withdrawal.
- Add your wallet address and confirm the correct network (e.g., Ethereum for ERC-20 tokens).
- Enter the amount, ensuring it exceeds the minimum withdrawal threshold.
- Confirm via your hardware wallet device.
✅ Always double-check the network compatibility—sending USDT via TRON instead of Ethereum could result in lost funds.
Once confirmed, your crypto will arrive in minutes, depending on blockchain congestion.
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To Another Exchange (e.g., Binance)
Transferring funds between exchanges enables arbitrage opportunities or access to exclusive trading pairs.
Steps:
- Log in to the destination exchange (e.g., Binance).
- Go to Assets > Deposit > Select Coin & Network.
- Copy the deposit address.
- On Bybit, go to Withdraw, paste the address, and select the matching network.
- Enter amount and confirm transaction.
Ensure both networks match exactly—mismatches are irreversible.
Withdrawing via Spot Trading
Selling crypto through the spot market is often more cost-effective than instant fiat withdrawals.
Process Overview:
- Go to Trade > Spot.
- Select a trading pair (e.g., BTC/USDT).
- Place a Market or Limit Order to sell.
- After sale completion, funds appear in your Unified Trading Account (UTA).
- Transfer them to your Funding Account.
- Initiate withdrawal as usual.
This method suits traders holding large-cap assets like BTC, ETH, or SOL, especially when optimizing for lower fees.
How to Withdraw From the Bybit App
Mobile trading is increasingly popular thanks to convenience and real-time access.
Via App Withdrawal Terminal
- Open the Bybit app (iOS/Android).
- Tap Assets > Withdraw.
- Transfer funds from UTA to Funding Account if needed.
- Choose asset, enter amount, and select method.
- Confirm with 2FA.
Note: The app has fewer currency options compared to desktop.
Using P2P Trading on Mobile
P2P allows direct peer-to-peer sales with flexible payment methods including Apple Pay and local bank transfers.
Steps:
- Tap P2P Trading > Sell.
- Filter offers by currency (e.g., SAR, XOF, DOP).
- Select a buyer and enter amount.
- Confirm after receiving payment.
This method supports over 600 payment methods globally, making it ideal for users in regions with limited banking integration.
Bybit Withdrawal Limits and Fees
Understanding limits and costs helps avoid failed transactions.
Fiat Withdrawal Limits (USD Equivalent)
| VIP Level | Daily Limit (KYC L1) | Daily Limit (KYC L2) |
|---|---|---|
| VIP 0 | $5,000 | $20,000 |
| VIP 3 | $200,000 | — |
| PRO 4 | $5,000,000 | — |
Non-KYC users are limited to $20,000/day.
Crypto Withdrawal Limits
- Non-KYC: 20,000 USDT/day
- KYC Level 1: Up to 1M USDT/month
- Advanced KYC: Up to 2M USDT/month
- High-tier VIPs: Up to 30M USDT/day
Gas fees depend on network load:
- ETH mainnet: ~0.0015 ETH
- TRON (USDT): Near-zero fees
You can adjust limits under Security > Manage Crypto Withdrawal Limits, provided you’ve completed verification.
Alternative Withdrawal Methods
Beyond standard options, consider:
- Internal Transfers: Send crypto instantly to other Bybit users using their UID, email, or phone number.
- Bybit Convert: Swap crypto to fiat instantly with no fees—ideal for beginners avoiding complex order books.
- Bybit Card: Spend crypto directly and earn rebates on subscriptions like Netflix or Spotify.
Frequently Asked Questions
Can I withdraw from Bybit without KYC?
Yes, you can withdraw up to $20,000/day without KYC verification. However, completing KYC unlocks higher limits and additional features.
How long does a Bybit withdrawal take?
Fiat withdrawals via SEPA or FPS take 1–3 business days. Crypto withdrawals typically arrive within minutes but may take longer during high network congestion.
What are the minimum withdrawal amounts on Bybit?
Minimums vary by asset:
- BTC: 0.001 BTC
- ETH: 0.01 ETH
- USDT: Depends on network (e.g., ~1 USDT on TRON)
Always check current thresholds before initiating a transfer.
Why was my withdrawal rejected?
Common reasons include:
- Insufficient balance (including gas fees)
- Incorrect network selection
- Exceeding daily limits
- Unverified account status
Double-check all details before confirming.
Is it safe to withdraw large amounts from Bybit?
Yes—Bybit uses cold storage and multi-signature wallets for fund protection. For large withdrawals, enable withdrawal whitelisting and use 2FA for added security.
Can I cancel a withdrawal after sending?
No—once confirmed, blockchain transactions are irreversible. Always verify addresses and amounts carefully.
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Bybit provides multiple secure and efficient ways to withdraw funds—whether you're cashing out to fiat or moving crypto across platforms. By understanding the nuances of withdrawal methods, fees, timing, and limits, you can make smarter decisions that align with your financial goals.
Stay proactive: regularly review your security settings, keep recovery phrases safe, and explore tools that enhance both accessibility and safety in your crypto journey.