Bybit exchange remains one of the top crypto exchanges available in 2025.
It has many features that are attractive to experienced crypto investors and traders but still simple enough to use for beginners.
Understanding how to withdraw from Bybit is vital to successfully and responsibly manage your crypto, whether transferring your crypto to a cold storage wallet or cashing out.
This updated guide for 2025 is here to help you withdraw from Bybit, and understand fees, limits, and other features.
We’ll also share tips to help you secure your crypto in 2025.
Other Withdrawal Guides
New Updates on Bybit Withdrawals
🆕Breaking News🔊
Bybit has announced that effective January 8, 2025, due to regulatory changes, it will no longer provide withdrawal and custody services to nationals or residents of French territories.
Affected users were advised to withdraw their assets before this date. Otherwise, accounts were closed and transferred to a custody partner.
For further details, please check out the instructions on the Bybit official website.
What Can You Do On Bybit?
Many crypto exchanges have different features catering to specific needs.
Bybit is no different, offering a variety of features that go beyond buying Bitcoin.
| Bybit Features | Description |
|---|---|
| Spot Trading |
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| Futures Trading |
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| Perpetual Contracts |
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| Derivatives Trading |
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| Staking |
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| Fiat-to-Crypto Purchases |
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| Security Features |
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| Advanced Trading Tools |
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| Mobile App |
|
A Step-by-Step Guide for Bybit Withdrawals
If you’re not impacted by Bybit’s new regulatory changes, the platform continues to operate as usual for withdrawals.
How you go about withdrawing from Bybit depends on your desired destination.
Meaning, that you are transferring your crypto to a wallet or converting it into fiat currency.
Here’s an easy-to-follow step-by-step guide to help you manage your Bybit withdrawals easily.
1. How to Withdraw from Bybit to a Wallet
- Log in to your Bybit account and click on the “Assets” section.
- Next to the cryptocurrency you want to withdraw, click “Withdraw.”
- Enter the receiving wallet address in the wallet address field.
- Click on “All” to make a full withdrawal or manually enter the amount you want to withdraw.
- Select your preferred gas: Slow, Average, and Fast.
- Save your preferred gas and double-check that all information is correct before confirming.
- You will now be sent a verification code via email. Enter the code to confirm the Bybit withdrawal.
Receiving Crypto from Bybit to Material Wallet
The Material Bitcoin Wallet is one of the best hardware wallets available because of its security, durability, and offline storage.
It is the only cold storage you will need to protect your Bitcoin from online threats.
To check and confirm your received crypto, simply scan the QR code on the wallet or input your address on our website to check your balance instantly.
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MATERIAL ETHER
A secure cold wallet for Ethereum and ERC-20 tokens.
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MATERIAL USDT
A reliable cold wallet for Tether (USDT) and EVM-compatible tokens.
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2. How to Withdraw Money From Bybit to a Bank Account
- Click on the “Buy Crypto” tab and select “Fiat Deposit” at the top left corner of the navigation bar. Then, click on “Fiat Withdrawal“.
- Select the fiat currency you want.
- Enter the withdrawal amount.
- Select your payment method.
- Click on Continue.
- Enter bank details and complete the withdrawal request.
- Once the receiving account information is double-checked and verified, click on “Continue” to complete the withdrawal process.
- Enter your email address and click on “send verification code“.
- Enter your received Google Two-Factor verification code, then click on “Confirm”.
Bybit Withdrawal Fees and Limits
Cryptocurrency withdrawals from Bybit have varying rates depending on the withdrawal methods.
Bybit charges a fixed fee for on-chain withdrawals that vary based on the exact cryptocurrency.
Your withdrawal limit is directly related to your KYC level (Lv 1 or Lv 2).
You can determine your daily and monthly crypto withdrawal limits based on the information you provide to achieve your verification level.
| Feature | Details |
|---|---|
| Bybit Withdrawal Limits | → Bybit has tiered withdrawal limits based on your verification levels. Non-verified users have a daily limit of 20K USDT, while fully verified users can withdraw up to 30M USDT per day. |
| Withdrawal Process | → Withdrawals can take up to 15 minutes for standard transactions, or up to hours depending on network congestion. |
| Bybit Fees Withdrawal | → Bybit charges a fixed withdrawal fee for each cryptocurrency, with the fee deducted automatically from the withdrawal amount. The fee is determined by the blockchain. |
| Status of Withdrawals | → Withdrawal requests have different statuses. For example, “Under Review,” “In Progress,” and “Completed.” |
| Bybit Withdrawal Suspended | → You can check real-time withdrawal status for supported tokens and set alerts for when services are resumed. |
Bybit Withdrawal Issues in 2025
Bybit users have reported withdrawal problems in the past that continue to affect the platform.
These issues include withdrawal delays or suspensions.
➡️Withdrawals may be delayed during network congestion or security checks. Normal processing times are within 1–2 hours.
➡️Suspensions are typically triggered by irregular activity or incomplete KYC verification.
Always keep your account updated and contact Bybit support for help.
If you’re looking for anonymity, then Bybit is not the ideal exchange for you.
Rather, you need a no-KYC crypto exchange.
Withdrawing from Bybit to PayPal
Withdrawing to PayPal is a simple way to convert your crypto into cash that you can later use for online purchases.
You can even use your funds from, PayPal to purchase crypto on Bybit as it’s one of the few exchanges that accepts PayPal payments.
❗It’s important to note that while PayPal is widely used, it is not an anonymous wallet.
PayPal must also comply with KYC (Know Your Customer) regulations, just like many other financial institutions.
Our Security Tips for Safe Bybit Withdrawals
✅ Enable Two-Factor Authentication (2FA).
✔️ Use whitelisted withdrawal addresses. You can manage your withdrawal addresses through Bybit’s Withdrawal Address Book to guarantee that your funds are sent to trusted receiving locations.
✅ Regularly monitor your account.
✔️ Store crypto in cold storage for long-term holding.
Tip ☝️ The secret to crypto security is to never leave digital assets sitting in an exchange or hot wallet.
Exchanges like Bybit are convenient for trading but are very vulnerable to hacking.
A cold wallet, like Material Bitcoin, is the best option for protecting your digital assets.
Unlike hot wallets, our cold wallet stores your crypto offline, guaranteeing high protection against cyberattacks.
FAQs
How do I withdraw crypto from Bybit?
- Log in, navigate to the withdraw tab, select your crypto, enter your wallet address, and confirm the transaction.
Can I withdraw fiat to PayPal?
- Yes, you can withdraw crypto to PayPal through the Bybit platform.
What is the safest way to store crypto?
- Use a cold wallet like Material Bitcoin to keep your crypto offline and secure.
What are Bybit’s withdrawal limits?
- Limits depend on your KYC level. There are higher limits for verified accounts.
How long does it take to withdraw from Bybit?
- Withdrawals typically take around 15 minutes but may vary based on network conditions.
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