Frequently Asked Questions About Cryptocurrency Withdrawals on Bybit

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Does Bybit Have Withdrawal Limits?

Yes, Bybit implements withdrawal limits based on your VIP level and KYC verification status. Below are the current limits:

VIP LevelNo KYCStandard KYCAdvanced KYCCorporate KYC
VIP 0≤20K USDT daily
≤100K USDT monthly
≤1M USDT daily≤2M USDT daily≤4M USDT daily
VIP 1-VIP 5Limits increase progressively up to ≤10M USDT daily
Pro LevelsRanges from ≤12M to ≤30M USDT daily

👉 View complete VIP withdrawal limits

Key details:

Can I Adjust My Withdrawal Limit?

Your withdrawal limit is automatically determined by:

  1. Your VIP level (based on trading volume)
  2. KYC verification tier
  3. Account security status

👉 Learn how to upgrade your limits

Why Can't I See My Available Balance?

Withdrawals can only be processed from your Funding Account. Before withdrawing:

  1. Transfer funds from Unified Trading/Spot Accounts to Funding Account
  2. Ensure assets aren't locked in open orders

How Long Do Withdrawals Take?

Common Withdrawal Restrictions

Your account may face 24-hour withdrawal locks after:

Supported Coins and Chains

Check real-time status of all supported assets:

Fees and Minimums

Each cryptocurrency has:

You can choose whether fees are:

  1. Deducted from withdrawal amount (default)
  2. Added to withdrawal amount

Tracking Withdrawals

Monitor your transactions via:

  1. Funding Account → History → Withdrawals
  2. Blockchain explorers using provided TXID

FAQ Section

Q: Why is my withdrawal marked "Completed" but funds haven't arrived?
A: Contact your receiving wallet's support team with the TXID. If funds were returned to Bybit, submit a support ticket.

Q: What does the risk warning mean during withdrawal?
A: This appears when our system detects potential security risks with your destination address. We recommend using alternative addresses.

Q: Can I set custom withdrawal fees?
A: Currently no, but Bybit is considering this feature for future implementation.

Q: How to cancel a withdrawal?
A: Cancellations are only possible while status is "Pending Review" through your Funding Account.

Q: Why is my Google Authenticator code failing?
A: This typically occurs when your device's time settings are incorrect. Resynchronize your authenticator app.

Q: Does Bybit support SegWit BTC addresses?
A: Yes, we fully support bech32 addresses (starting with "bc1").

For additional assistance, contact Bybit's 24/7 live chat support.