Understanding Withdrawal Limits on Bybit
Yes, there are withdrawal limits on the Bybit platform. These limits vary based on your KYC (Know Your Customer) verification level and VIP status. Below is a detailed breakdown:
KYC Level | No KYC | Standard Personal KYC | Advanced Personal KYC | Corporate KYC |
---|---|---|---|---|
VIP 0 | ≤ 20K USDT daily ≤ 100K USDT monthly | ≤ 1M USDT daily | ≤ 2M USDT daily | ≤ 4M USDT daily |
VIP 1 | ≤ 6M USDT daily | |||
VIP 4 | ≤ 8M USDT daily | |||
VIP 5 | ≤ 10M USDT daily | |||
Supreme VIP | ≤ 12M USDT daily | |||
Pro 1–6 | Up to ≤ 30M USDT daily |
- Daily limits reset at 12:00 AM UTC.
- Monthly limits reset on the 1st of each month at 12:00 AM UTC.
- Accounts with completed personal KYC have no monthly withdrawal limit.
All token withdrawal limits are calculated in USDT equivalents. For KYC details, contact customer support via live chat.
👉 Learn how to optimize your crypto withdrawals
Adjusting Withdrawal Limits
Yes, withdrawal limits can be adjusted based on your VIP and KYC levels. Note that higher-tier accounts enjoy increased limits.
Why Can’t I See My Withdrawable Balance?
Withdrawals are processed exclusively through the Funding Account. Ensure assets are transferred there before submitting a withdrawal request.
Withdrawal Processing Times
Most withdrawals are completed within 15 minutes. Delays may occur during network congestion.
Common Reasons for Withdrawal Restrictions
To safeguard accounts, withdrawals are restricted for 24 hours after:
1. Password changes/resets.
2. Modifying registered phone numbers or email addresses.
3. Adjusting security settings (e.g., Google Authenticator, fund password).
4. Enabling/disabling new withdrawal address restrictions.
👉 Troubleshoot withdrawal issues
Checking Supported Cryptocurrencies
Real-time updates on supported tokens/chains are available on Bybit’s Deposit & Withdrawal Status page.
Minimum Withdrawal Amounts and Fees
Each cryptocurrency has a minimum withdrawal amount and fee, visible during the withdrawal process. Fees are deducted from the withdrawn amount by default, but this can be customized.
Note: Selecting “Input amount = Received amount” requires manual adjustment to avoid balance errors.
Internal Transfers
No fees apply for internal transfers between Bybit accounts.
Tracking Withdrawal Status
Check your withdrawal history under Funding Account → Withdrawals for:
– Pending Verification: Awaiting approval.
– Processing: On-chain confirmation pending.
– Completed: Successfully processed.
– Rejected/Canceled: Request denied or withdrawn.
Troubleshooting Withdrawals
“Invalid Code” Errors
Sync your Google Authenticator device time settings if codes are rejected.
“Risk Warning” Messages
Avoid flagged addresses to prevent rejections.
Bonus-Related Failures
Active derivative positions using bonuses block withdrawals until resolved.
Missing Funds After “Completed” Status
Contact the recipient wallet’s support with your TXID.
Special Cases
- ETH: Bybit supports only direct transfers (no smart contracts).
- BTC: SegWit addresses (starting with “bc1”) are accepted.
- Memo/Tag Coins: Inputting memos is the user’s responsibility.
FAQ Section
1. How do I cancel a withdrawal?
Pending withdrawals can be canceled via the withdrawal history page.
2. Why are Bybit’s fees higher than other platforms?
Fees include optimized miner costs for faster confirmations.
3. Can I set custom withdrawal fees?
Not currently, but this feature is under consideration.
4. What if my ETH address isn’t EIP55-compliant?
Convert it via Etherscan by pasting the address into the search bar.
5. Are there limits for corporate accounts?
Yes, corporate KYC offers higher daily limits (up to 4M USDT).
6. How do I enable withdrawal alerts?
Select the token/chain on the withdrawal page and click “Set Alert.”
For further assistance, refer to Bybit’s official guides or contact support.