So, you've played the long game, and your crypto has finally hit your target price. Before you lose momentum, now's the perfect time to lock in your gains—understanding how to withdraw money from Bybit is essential.
Whether you're withdrawing to your bank account, a crypto wallet like Ledger Flex, or another exchange like Binance, the process is smooth and straightforward. However, each method has its own rules, and errors could delay securing your returns. This guide covers Bybit withdrawal time, fees, and limits to help 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 (SEPA, Zen.com).
- Enter the amount and confirm.
Fees:
- SEPA: 0.08% + €0.28 (1–3 business days).
- Zen.com: €1.60 (instant).
👉 Compare fees for your region
One-Click Buy
- Go to One-Click Buy > Sell Tab.
- Choose crypto/fiat pair (e.g., BTC/EUR).
- Select payment method (PayPal, Revolut).
Note: Supports 100+ tokens with real-time rates.
How to Withdraw Crypto From Bybit
To Another Wallet
- Under Profile > Withdraw, select On-Chain Withdrawal.
- Add your wallet address (e.g., Ledger Flex).
- Confirm network (e.g., Ethereum for ETH).
Minimums:
- BTC: 0.000111 BTC (~$12.40).
- USDT: 10 USDT (ERC-20).
To Another Exchange
- Copy the deposit address from the target exchange (e.g., Binance).
- Paste into Bybit’s withdrawal field with the correct network.
Tip: Use native networks (e.g., Ethereum for ETH) to avoid errors.
Spot Trading
- Sell crypto via Trade > Spot > Sell Tab.
- Transfer proceeds to Funding Account.
- Withdraw normally.
Advantage: Lower fees than instant withdrawals.
Bybit App Withdrawals
Steps:
- Open Assets > Withdraw.
- Select asset and payment method.
- Confirm details.
P2P Option: Sell crypto directly to buyers via Apple Pay, bank transfer, etc.
Withdrawal Limits and Fees
| VIP Level | Daily Limit (USD) | Monthly Limit (USD) |
|-----------|-------------------|---------------------|
| Non-KYC | 5,000 | 5,000 |
| KYC L2 | 20,000 | 100,000 |
| VIP 3 | 200,000 | 500,000 |
Crypto Fees: Vary by network congestion (e.g., ETH: 0.0015 ETH).
Alternative Withdrawal Methods
- Bybit Card: Spend crypto with rebates on subscriptions.
- Internal Transfers: Send to other Bybit users instantly.
- Convert Tool: Swap crypto to fiat with zero fees.
FAQs
1. Does Bybit require KYC for withdrawals?
No, but unverified accounts have lower limits ($20,000/day).
2. How long do fiat withdrawals take?
SEPA: 1–3 business days. Zen.com: Instant.
3. What’s the minimum BTC withdrawal?
0.000111 BTC (covers network fees).
4. Can I withdraw to PayPal?
Yes, via One-Click Buy or P2P.
5. Are there withdrawal limits for VIP users?
Yes—up to $5M/month for PRO 4 traders.
Conclusion
Withdrawing from Bybit is simple if you follow the right steps. Choose methods aligned with your goals—speed (fiat), flexibility (crypto), or affordability (spot trading).
Ready to explore more? 👉 Maximize your crypto profits