How to Make a Withdrawal In Bybit

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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” 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 currency 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.

As shown in the figure above, Bybit currently supports BTC, ETH, XRP, EOS and USDT 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.

Bybit USDT withdrawal example

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.

Add withdrawal address on Bybit app
Select ERC20 chain or TRC20 chain

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. 

After you click on the “Submit” button, you will be directed to the withdrawal verification page. Please enter the six (6)-digit Google Authenticator 2FA security code you obtained. 

Bybit 2FA Google authenticator code

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.

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 30 minutes. 

How long does it take to withdraw my funds?

Please take note that Bybit processes all 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 fee for withdrawal?

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

BTCETHXRPEOSUSDT (ERC-20)USDT (TRC-20)
Withdrawal Fees0.00050.010.250.1101

Is there a minimum amount for withdrawal?

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

BTCETHEOSXRPUSDT (ERC-20)USDT (TRC-20)
Minimum
Withdrawal
0.001 0.020.2202010 

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