Does Bybit have withdrawal limits?
Yes, Bybit imposes withdrawal limits based on your VIP and KYC levels. Below is the detailed breakdown:
| VIP Tier | No KYC | Standard KYC | Advanced KYC | Corporate KYC |
|---|---|---|---|---|
| VIP 0 | ≤20K USDT daily, ≤100K USDT monthly | ≤1M USDT daily | ≤2M USDT daily | ≤4M USDT daily |
| VIP 4 | - | - | - | ≤8M USDT daily |
| VIP 5 | - | - | - | ≤10M USDT daily |
| Pro 1 | - | - | - | ≤12M USDT daily |
- Daily limits reset at 12:00 AM UTC.
- Monthly limits reset on the first day of each month at 12:00 AM UTC.
- No monthly limits for KYC-verified users.
👉 Learn more about KYC verification
Can I adjust my withdrawal limit?
Yes, withdrawal limits depend on your VIP and KYC levels. Adjustments require compliance with Bybit’s tiered policies.
Why can’t I see my available balance for withdrawal?
All withdrawals must originate from your Funding Account. Transfer assets here before initiating withdrawals.
How long do Bybit withdrawals take?
Most withdrawals process within 15 minutes, but network congestion may cause delays.
Why is my account withdrawal-restricted?
Security measures trigger 24-hour restrictions after:
- Password resets
- Phone/email changes
- 2FA modifications
- KYC transfers
👉 Troubleshoot failed withdrawals
How can I check supported withdrawal tokens?
Visit Bybit’s Deposit/Withdrawal Status page for real-time updates on token/chain availability.
How do I set withdrawal alerts?
Enable notifications for paused tokens/chains via the withdrawal page or status portal.
What are the minimum withdrawal amounts and fees?
Each token has unique thresholds. Check the Deposit/Withdrawal Status page or withdrawal window for details.
Fee Deduction Options:
- Default: Fees deducted from withdrawal amount.
- Manual: Specify received amount (adjust withdrawal value accordingly).
Note: Selecting "received amount" requires manual fee adjustments to avoid errors.
Are internal transfers free?
Yes. No fees apply for internal transfers between Bybit accounts.
How do I track withdrawal status?
Navigate to Funding Account History → Withdrawals for TXIDs and progress updates.
My withdrawal shows "completed" but funds aren’t received. What now?
- Contact the receiving wallet’s support with the TXID.
- If funds are returned to Bybit, submit a support ticket.
Why do I see a risk warning during withdrawal?
High-risk addresses may trigger restrictions. Verify the destination or provide additional KYC documentation if prompted.
Why are Bybit’s withdrawal fees higher?
Bybit uses fixed fees + dynamic miner fees to prioritize faster blockchain confirmations.
Can users customize withdrawal fees?
Not currently, but Bybit may introduce this feature in the future.
FAQ Section
1. What do withdrawal statuses mean?
- Pending: Awaiting review.
- Processing: Approved, queued for blockchain submission.
- Sent: On-chain verification in progress.
- Completed: Successfully processed.
- Canceled/Rejected: User-canceled or flagged by security.
2. Does Bybit support ETH withdrawals to smart contracts?
No. Only direct ETH transfers are supported.
3. Are SegWit BTC addresses supported?
Yes (addresses starting with bc1).
4. Can I withdraw without a memo/tag?
Yes, but ensure your wallet provider doesn’t require it. Bybit isn’t liable for lost funds due to missing memos.
5. How to fix "Incorrect Google Authenticator code"?
Sync your device’s time/date settings. See this guide.
6. How do I cancel a withdrawal?
Only possible during "Pending" status. Follow these steps.