Your crypto investments have finally reached their target price, and it's time to secure your gains. Understanding how to withdraw money from Bybit is crucial for locking in profits efficiently. Whether you're withdrawing to a bank account, crypto wallet, or another exchange, the process is designed to be smooth and straightforward.
However, each withdrawal method has unique rules, and errors could delay your access to funds. This guide covers everything you need to know, including Bybit withdrawal times, fees, and limits, ensuring you exit the market confidently.
Table of Contents
How to Withdraw Money From Bybit
Fiat Withdrawal
Bybit’s fiat withdrawal terminal is accessible via:
- Navigate to [Buy Crypto] > [Fiat Deposit] > [Fiat Withdrawal].
- Select your currency (e.g., EUR, GBP) and payment method (e.g., SEPA, Zen.com).
- Enter the amount and confirm.
Fees: Vary by method (e.g., SEPA charges 0.08% + €0.28). Processing times range from instant to 3 business days.
👉 Explore Bybit’s fiat options
One-Click Buy
- Go to [One-Click Buy] > [Sell].
- Choose your crypto and fiat pair (e.g., BTC/EUR).
- Select a payment method (e.g., PayPal, Revolut) and confirm.
Note: Supports 100+ tokens and 600+ payment methods via P2P.
How to Withdraw Crypto From Bybit
To Another Wallet
- Under [Assets] > [Withdraw], select On-Chain Withdrawal.
- Enter your wallet address (e.g., Ledger Flex) and network (e.g., Ethereum for ETH).
- Confirm the transaction.
Fees: Network-dependent (e.g., 0.000111 BTC for Bitcoin).
To Another Exchange
- Follow the same steps as wallet withdrawals.
- Paste the deposit address from the destination exchange (e.g., Binance).
Tip: Always match the network type (e.g., ERC-20 for USDT).
Spot Trading
- Sell crypto via [Trade] > [Spot].
- Transfer proceeds from Unified Trading Account to Funding Account.
- Withdraw as usual.
How to Withdraw From the Bybit App
Withdrawal Terminal
- Open the app > [Assets] > [Withdraw].
- Select crypto/fiat and complete the steps.
P2P Trading
- Tap [P2P Trading] > [Sell].
- Choose an offer and confirm payment.
Bybit Withdrawal Limits and Fees
| Tier | Daily Limit (Non-KYC) | KYC-Verified Limit |
|------------|-----------------------|--------------------|
| VIP 0 | $5,000 | $100,000/month |
| VIP 1+ | Custom | Up to $5M/month |
Crypto Fees: Vary by asset (e.g., 0.0015 ETH for Ethereum).
Alternative Withdrawal Methods
- Internal Transfers: Send to other Bybit users instantly.
- Bybit Card: Spend crypto directly with rebates.
- Convert: Swap crypto to fiat with zero fees.
FAQs
1. Does Bybit require KYC for withdrawals?
No, but KYC unlocks higher limits (up to $100,000/day).
2. What’s the minimum USDT withdrawal?
20,000 USDT/day for non-KYC users.
3. How long do fiat withdrawals take?
1–3 business days for SEPA; instant for some methods.
4. Can I withdraw to PayPal?
Yes, via One-Click Buy or P2P.
5. Are there withdrawal fees?
Yes, dependent on the method and asset.
6. What if my withdrawal fails?
Check network compatibility or contact support.
Conclusion
Withdrawing from Bybit is simple with the right approach. For quick cash, use fiat withdrawal; for reinvesting, opt for crypto transfers.
👉 Start trading on Bybit today
Pro Tip: Always verify addresses and network types to avoid errors.
Disclaimer: Cryptocurrency investments carry risks. Consult a financial advisor before trading.
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