can you trade on bybit without kyc

Can You Trade on Bybit Without KYC?

Yes, you can trade on Bybit without KYC (Know Your Customer) verification. However, there are certain limitations and restrictions that apply to unverified accounts.

Step 1: Create an Unverified Account

• Visit the Bybit website and click "Sign Up."
• Enter your email address and a password.
• You will receive a verification email to confirm your registration. Click the link in the email to complete your account creation.

Step 2: Trade Without Verification

• You can trade on Bybit without providing KYC information. However, your trading limits will be restricted to:

  • Daily withdrawal limit: 2 BTC
  • No fiat currency deposits or withdrawals
  • Limited trading pairs

Note: Unverified accounts cannot participate in Bybit's Launchpad events.

Benefits of Verifying Your Account

While you can trade without KYC verification, it is strongly recommended to complete the process to unlock the following benefits:

• Increased withdrawal limits: Up to 100 BTC per day
• Fiat currency deposits and withdrawals
• Access to all trading pairs
• Participation in Launchpad events
• Reduced trading fees

Step 3: Verify Your Bybit Account (Optional)

To verify your Bybit account, follow these steps:

1. Log into your Bybit account and go to "Verification."
2. Enter your personal information (name, address, date of birth).
3. Upload a valid government-issued photo ID (passport or driver's license).
4. Submit your verification request.

The verification process typically takes 2-3 business days. Once your account is verified, you will be able to enjoy the benefits mentioned above.

Conclusion

Although you can trade on Bybit without KYC verification, it is highly recommended to complete the process to unlock the full benefits of the platform. Verifying your account helps Bybit maintain a secure and compliant trading environment.