how to withdraw money from bybit to revolut

To withdraw funds from Bybit to Revolut, link your Revolut account, initiate a withdrawal specifying the amount and address, verify the transaction with an SMS code, and monitor the progress in "Assets" > "Fiat Assets".

Nov 02, 2024 at 07:58 pm

How to Withdraw Money from Bybit to Revolut

1. Link Your Revolut Account to Bybit

Log in to your Bybit account.
Navigate to "Assets" > "Spot Account".
Click "Withdraw".
Select "Fiat".
Choose "USD" as the currency.
Click "Add New Address".
Enter your Revolut account details:
- Account name
- IBAN or account number
- BIC or SWIFT code
Click "Confirm".

2. Initiate a Withdrawal

Enter the amount you want to withdraw.
Select the Revolut address you created.
Confirm the withdrawal details and click "Withdraw".
You will receive an SMS verification code to your phone. Enter it to complete the withdrawal.

3. Monitor the Withdrawal

The withdrawal status will be displayed as "Processing".
You can track the progress in "Assets" > "Fiat Assets" > [Currency] > "Deposit & Withdrawal Record".
Once processed, the funds will typically arrive in your Revolut account within 1-2 business days.

4. Transaction Fees

Bybit charges a flat withdrawal fee of $2 for USD withdrawals to Revolut.
Revolut may charge additional fees for receiving international transfers.

5. Minimum Withdrawal Amount

The minimum withdrawal amount from Bybit to Revolut is $10.

Tips:

Verify your Revolut account before withdrawing funds.
Use the same currency (e.g., USD) in both Bybit and Revolut to avoid conversion fees.
Withdraw larger amounts in fewer transactions to reduce fees.

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