Here’s a step-by-step guide to help you submit an on-chain withdrawal request.
Key Notes:
- Prerequisites: Ensure your email and Google Authenticator are linked before submitting a withdrawal request.
- Supported Assets: Bybit allows withdrawals for currencies listed on the Funding Assets page with an active withdrawal button.
- Processing Time: Withdrawals are instant, but confirmation depends on blockchain network traffic. For details, refer to the Crypto Withdrawal FAQ.
- Tag/Memo Requirements: For currencies like XRP, EOS, or XLM, always include the correct tag/memo to avoid delays.
Step-by-Step Guide
Step 1: Launch the Bybit App
Open the Bybit mobile app. You’ll be directed to the homepage by default.
Step 2: Navigate to the Assets Page
Tap Assets from the bottom menu.
Step 3: Initiate Withdrawal
Click the Withdraw button at the top of the page.
Step 4: Select Currency
Choose the currency you wish to withdraw. Alternatively:
- Go to Funding, select the currency.
- On the currency page, tap Withdraw at the bottom.
Step 5: Enter Withdrawal Details
Provide the following:
a) Wallet Address: Enter a new address, select from saved addresses, or add one via Address Book.
b) Chain Type: Select the correct blockchain network.
c) Amount: Input the withdrawal amount. The available balance, fees, and final amount will display below.
👉 Need help choosing a secure wallet?
Note: All withdrawals must be from your Funding Account. If assets are elsewhere:
- Click the ＋ icon above the amount field.
- Select Transfer to move funds.
Step 6: Confirm & Authenticate
- For unverified addresses, enter email and Google Authenticator codes.
- Whitelisted addresses skip dual authentication.
Success! Your withdrawal request is submitted.
FAQs
1. How long do withdrawals take?
Most are instant, but blockchain confirmations vary. Check network status for delays.
2. Can I cancel a withdrawal?
No, once submitted, withdrawals cannot be canceled.
3. Why is my withdrawal fee high?
Fees depend on blockchain congestion. Use fee estimators for real-time rates.
4. What if I forget the memo/tag?
Contact support immediately. Uncredited funds may require recovery procedures.
5. Is there a withdrawal limit?
Yes, limits vary by asset and verification tier. Check your account dashboard.
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For further assistance, visit Bybit’s Help Center.
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