This guide provides a step-by-step walkthrough for adding a withdrawal address to your Bybit account securely and efficiently.
Important Notes Before Proceeding
- 2FA Requirement: You must enable Google Authenticator 2FA on your Bybit account before adding any wallet addresses.
- Tag/Memo for Specific Coins: For assets like XRP, EOS, XYM, XLM, or XEM, always include the correct Tag/Memo during transfers to avoid processing delays.
Step-by-Step Process
Step 1: Access the Address Book
- Open the Bybit App and navigate to the Assets tab.
- Tap Withdraw > Address Book.
- Select the cryptocurrency you wish to withdraw.
Step 2: Add a New Address
- Visit the Wallet Management Page.
- Click Add Address at the bottom. (Bulk additions aren’t supported on the App.)
Step 3: Enter Address Details
| Field | Description |
|---|---|
| Asset | Choose the cryptocurrency. Enable Save as Universal Address for multi-coin support. |
| Address | Paste the wallet address (case-sensitive if applicable). |
| Network | Select the correct blockchain network. |
| Tag/Memo | Required for certain networks (e.g., XRP). Leave blank if unused. |
| Notes | Add a short description (≤20 characters) for easy reference. |
| Skip Verification | Toggle to bypass future confirmations for this address. |
- Click Confirm.
For Internal Transfers:
- Enter the recipient’s email, phone number, or Bybit UID.
Step 4: Verification
Complete any pending security checks before finalizing the address addition.
Post-Addition Notes
- 24-Hour Withdrawal Hold: New addresses are subject to a 24-hour security lock. Disable this via Address Restriction Settings.
- Editing Addresses: Click Edit in the Address Book to modify details.
FAQs
1. Why is my withdrawal address inactive after adding it?
Bybit enforces a 24-hour security hold on new addresses. This is adjustable in your security settings.
2. Can I use one address for multiple cryptocurrencies?
Yes! Enable Save as Universal Address if the wallet supports multiple assets on the same network.
3. What happens if I enter a wrong Tag/Memo?
Funds may be delayed or lost. Always double-check with the recipient.
👉 Learn more about secure withdrawals