how to withdraw from bybit to bank

To withdraw funds from Bybit to your bank account, you must first convert your crypto assets into fiat currency, select the fiat currency you want, and enter your bank details, which must match the name on your Bybit account.

Oct 30, 2024 at 04:37 am

How to Withdraw Funds from Bybit to Your Bank Account

Step 1: Prepare Your Bank Account

Ensure that your bank account is linked to a verifiable phone number or email address.

Step 2: Convert Crypto to Fiat

Go to the "Spot" trading page and select the crypto asset you wish to withdraw.
Sell the crypto and convert it to the fiat currency you prefer, such as USD, EUR, or GBP.

Step 3: Initiate the Withdrawal

Click on the "Wallet" icon in the top right corner.
From the "Spot" tab, click on "Withdraw."
Select "Fiat" and choose the fiat currency you converted your crypto to.

Step 4: Enter Bank Information

Input your bank account number, IBAN (International Bank Account Number), or SWIFT/BIC (Bank Identifier Code).
Ensure that the name on the bank account matches the name on your Bybit account.

Step 5: Verify Withdrawal

Bybit may require you to verify your withdrawal through email, SMS, or Google Authentication.
Follow the instructions to complete the verification process.

Step 6: Monitor Withdrawal Status

Track the status of your withdrawal from the "Withdrawal Records" page in the "Wallet" section.
Processing times may vary depending on your bank and the amount being withdrawn.

Tips:

Minimum withdrawal amounts vary depending on the fiat currency. Check Bybit's website for specific limits.
Withdrawal fees also apply and vary based on the fiat currency and withdrawal method.
Withdrawals to non-supported currencies or banks may not be accepted.
Bybit reserves the right to review and hold withdrawals for security purposes.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

BTG

$7.8230

43.35%

Trade Now
ARC

$0.2906

29.90%

Trade Now
AI16Z

$0.5171

25.06%

Trade Now
PRQ

$0.2284

24.12%

Trade Now
$AKUMA

$0.0...09579

20.63%

Trade Now
0x0

$0.1228

18.04%

Trade Now

Latest Crypto News

Uniswap Labs has launched the Unichain mainnet after initially announcing the network in October last year.
2025-02-12 04:31:10
Research Firm That's Been Bullish on Crypto for Years Says the Market Has Peaked — and It's Launched a Meme Coin to Prove That the Frenzy Has Gotten Out of Hand
2025-02-12 04:31:10
Strategy₿ Snaps Up Another 7,633 Bitcoins Worth $742.4 Million
2025-02-12 04:31:10
Arctic Pablo Coin: The Meme Coin Presale With Unprecedented ROI Potential
2025-02-12 04:28:00
5 Underrated Cryptos to Buy Now That Could Explode in Value
2025-02-12 04:21:10
The “American woman in Pakistan” now has a crypto coin.
2025-02-12 04:21:10

Related knowledge

How to buy coins on Binance mobile version

Feb 04,2025 at 07:36pm

Key Points:Set up a Binance accountFund your Binance accountFind the coin you want to buyCreate a buy orderReview and confirm your orderStep-by-Step Guide:1. Set Up a Binance AccountDownload the Binance app from the App Store (iOS) or Google Play Store (Android).Create an account by providing your email address, password, and phone number.Verify your id...

How to view the market value ranking on Binance

Feb 03,2025 at 09:42am

Key PointsBinance is one of the leading cryptocurrency exchanges in the world.Binance provides a variety of features, including the ability to view the market value ranking of cryptocurrencies.The market value ranking is a list of cryptocurrencies, sorted by their total market capitalization.The market capitalization of a cryptocurrency is calculated by...

How to trade after recharging on Binance

Feb 03,2025 at 09:36pm

Key PointsUnderstand the Binance platform and its features.Fund your Binance account through various methods.Choose the right trading pair and order type.Monitor your trades and adjust your strategy as needed.Explore advanced trading options for increased efficiency.Detailed Guide on How to Trade After Recharging on Binance1. Understanding the Binance P...

How to create an address for withdrawal from Binance

Feb 05,2025 at 12:31am

Key Points:Understand the concept of cryptocurrency addressesGenerate a new address for withdrawal on BinanceVerify the address before withdrawing fundsSecurely store your cryptocurrency addressesMonitor your withdrawal transactionsHow to Create an Address for Withdrawal from Binance1. Understand Cryptocurrency AddressesA cryptocurrency address is a uni...

How to recharge Binance with QR code

Feb 03,2025 at 10:36pm

Key Points:Utilize Binance's QR code for a seamless recharge experienceUnderstand the process of generating a QR code for Binance depositsIdentify various methods for recharging Binance through QR codesExplore the advantages and security aspects of using QR codes for Binance rechargesComprehensive Guide to Recharging Binance with QR CodeStep 1: Generati...

How to buy spot from Binance

Feb 04,2025 at 05:24pm

Key Points:Understand the concept of spot trading on Binance.Create a Binance account and complete KYC verification.Fund your Binance account with supported currencies.Navigate the Binance spot trading interface.Place a spot trading order: Market order or limit order.Manage your spot trading portfolio and track orders.How to Buy Spot from Binance: A Com...