How to withdraw from Bybit: steps, fees, limits and waiting times
Checked on against eight Bybit help pages. See the sources. Ahead is a Bybit affiliate: how we make money.
Short answer
Go to Assets, then Withdraw. Choose the coin, the address and the network, enter the amount, and confirm with the codes Bybit asks for.1 Bybit charges a fixed fee per coin and network, shown before you confirm and taken out of the amount you send.24
With Standard verification you can withdraw up to 1,000,000 USDT a day.6 Changing your password, email, phone number or 2FA pauses withdrawals for 24 hours.2
On this page
Before you withdraw
- Have Google 2FA set up. Bybit says email and Google Authentication are required before you can submit an on-chain withdrawal request.1 Step 4 shows how.
- Check which account the coins are in. Bybit’s pages disagree on whether you can withdraw straight from the Unified Trading Account.238 If a request won’t go through, move the coins to the Funding Account first.
- Check the address and the network with the receiving side. The address has to match the chain type you select, or the request won’t submit.3
- Check whether the coin needs a memo or tag. Bybit’s wording: “Please ensure the Tag/Memo is filled in correctly, or else the asset will be lost.”3
- You can’t undo it once it’s processing. A request can only be cancelled while its status is pending review.2
The steps at a glance
- Open Assets
- Select Withdraw
- Choose coin and address
- Choose the network
- Enter the amount
- Confirm and verify
Step by step, on the website
- Select Assets at the top right, then Withdraw.1
- Choose the coin. Paste the address into Wallet Address, or pick one from your address book.
- Choose the chain type. Each network shows its own withdrawal fee.
- Enter the amount, or select All. The minimum for that coin and network appears once you’ve picked the chain.
- Choose the account to withdraw from. Your remaining daily and monthly limits show at the right.
- Select Confirm, then Submit on the verification page. Bybit asks for an email code, valid for five minutes, and a Google Authentication code if the address isn’t a verified one.
Fees and minimums
Bybit charges a withdrawal fee that depends on the coin and the network, and is the same whatever amount you withdraw.4 The fee and the minimum appear in the withdrawal window once you’ve chosen the coin and the chain.2
By default the fee comes out of the amount you enter.2 With a made-up fee of 1 USDT, a 100 USDT withdrawal delivers 99 USDT.
Sending to another Bybit user works differently. An internal transfer, addressed by email, UID or mobile number, is instant and has no withdrawal fee. Both accounts must have completed identity verification.5
How long it takes
Bybit gives two figures. Its withdrawal FAQ says an instant withdrawal “may take up to 15 mins to process”.2 Its step-by-step guide says a withdrawal “may take up to 30 minutes or one hour to process”.1 Both say a congested network can make it longer.
After Bybit sends it, the transfer still has to be confirmed on the blockchain.1
Daily and monthly limits
| Verification level | Daily limit | Monthly limit |
|---|---|---|
| Not verified | 20,000 USDT | 100,000 USDT |
| Standard | 1,000,000 USDT | None |
| Advanced | 2,000,000 USDT | None |
What pauses or blocks a withdrawal
| Cause | What Bybit says |
|---|---|
| A recent security change | Withdrawals stop for 24 hours after you change or reset your password or mobile number, change or disable your email or Fund Password, disable or reset Google Authenticator, remove a passkey, switch the New Address Withdrawal Lock on or off, transfer your identity to another account, or reactivate the account yourself2 |
| A new withdrawal address | With the New Address Withdrawal Lock on, a newly added address can’t be used for 24 hours7 |
| A deposit still confirming | It can be used on Bybit but not withdrawn until it reaches the required number of block confirmations3 |
| Coins bought through Buy Crypto | They can be locked for a time when Bybit detects risk. The unlock time is in the Funding Account history3 |
| A bonus | Bonuses can’t be withdrawn.3 More on bonuses |
| Funds tied up in orders | Cancel the active orders and move the funds to the Funding Account3 |
| An amount below the minimum | Each chain has a minimum, shown in the withdrawal window3 |
| Withdrawals suspended | Wallet maintenance or a network upgrade can pause a coin. Use another network or try later3 |
Questions people ask
How long does a Bybit withdrawal take?
Bybit’s FAQ says up to 15 minutes to process, and its withdrawal guide says up to 30 minutes or one hour. Both say it can take longer when the network is congested.12
What is the Bybit withdrawal fee?
A fixed amount that depends on the coin and the network, not on how much you withdraw.4 The withdrawal window shows it once you choose the chain, and by default it is deducted from the amount you enter.2
Why can’t I withdraw from Bybit?
The causes on Bybit’s list include a security change in the last 24 hours, a deposit that is still confirming, funds tied up in orders, a bonus, an amount below the minimum, and a withdrawal limit.3
Can I cancel a Bybit withdrawal?
Only while the request is in pending review status.2
What is the Bybit withdrawal limit?
For accounts below VIP: 20,000 USDT a day and 100,000 a month without verification, 1,000,000 a day with Standard verification, and 2,000,000 a day with Advanced.6
What we couldn’t confirm
- The fee and the minimum for each coin. Bybit lists them on a live page we couldn’t read; the withdrawal window shows them for the coin and network you pick.
- Which account a withdrawal can come from. Bybit’s pages disagree, as described above.
- The steps in the mobile app, and fiat withdrawals to a bank. This page covers on-chain crypto withdrawals on the website.
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Sources
- How to Submit an On-Chain Withdrawal Request
- FAQ — On-Chain Crypto Withdrawals
- Common Reasons for Unsuccessful Withdrawal Request Submissions
- Bybit’s Fees That You Need to Know
- How to Withdraw Assets via Internal Transfer
- FAQ — Individual KYC
- How to Enhance the Security of Your Account
- A Complete Guide to Bybit’s Funding Account