Bybit Deposits and Withdrawals: 2026 Guide

The key to Bybit deposits and withdrawals is matching the asset, network, address, and Tag/Memo at both the sending and receiving ends. When transferring to or from domestic exchanges such as Upbit and Bithumb, you must also verify the supported VASP, account ownership name, and Travel Rule information. If this is an address you are using for the first time, confirm the technical route with a small test transfer before proceeding with a large amount.

Final verification date: August 21, 2026. This article explains on-chain virtual asset deposits and withdrawals based on official documents from Bybit, Upbit, and Bithumb. Supported assets and networks, minimum amounts, fees, and review requirements may change from time to time, so the latest values shown on the actual transfer screen take precedence. The Bybit Sign-Up and Fee Discount Hub explains account creation and the current sign-up screen separately.

The one-line rule: First open the current deposit address and network at the receiving exchange, select the exact same network at the sending exchange, and then reconfirm the address, tag, and final amount. Do not select a chain unsupported by the recipient merely because its fee is lower.

Open the Bybit sign-up page

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1. Three Transfer Methods to Know Before Depositing or Withdrawing

Method	Where it is used	Key checks
On-chain deposits and withdrawals	Transfers between Bybit and another exchange or a personal wallet	Asset, network, address, Tag/Memo, fee, and number of confirmations
Internal Bybit transfers	Transfers between supported Bybit accounts using a UID, email, or other information	Recipient account information and whether internal transfers are supported
Fiat, P2P, and express purchases	Buying or selling through a card, bank, or third-party payment method	Regional support, payment name matching, exchange rate, payment fees, and counterparty risk

Sending coins from Upbit or Bithumb to Bybit, or withdrawing from Bybit to a personal wallet, is generally an on-chain transfer. If you confuse this with Bybit's internal transfer menu, the assets will not move to the destination exchange's blockchain address. This article focuses on on-chain deposits and withdrawals.

2. 60-Second Pre-Transfer Checklist

Confirm that deposits and withdrawals for the asset you intend to send are operating normally on both exchanges.
Even tokens with the same name may use different contracts and mainnets, so verify the asset's exact network.
Copy the address anew from the recipient's deposit screen, and do not reuse an old memo or screenshot.
Check whether a secondary identifier such as a Tag, Memo, Comment, or Payment ID is displayed.
Confirm that the expected amount received after deducting the withdrawal fee is at least the recipient's minimum deposit amount.
If transferring to or from a domestic exchange, confirm that the counterparty exchange is currently on the supported VASP list.
For transfers between your own accounts, check that identifying information such as the KYC name and date of birth matches on both sides.
For a new address, first make a small test transfer, but do not artificially split the amount to evade regulatory requirements.
Perform a final check of the address, network, and amount, and retain the TxID.

Exchanges may temporarily suspend specific assets or networks due to wallet maintenance, mainnet upgrades, liquidity management, security reviews, or regional regulations. Even if a route succeeded in the past, check the current screen again.

3. How to Deposit to Bybit: Sending from Another Exchange or Wallet to Bybit

Go to Bybit's Assets → Deposit.
Select the coin to deposit. Confirm that you have not selected a different token with the same ticker.
Select a Chain Type currently supported by Bybit.
Read the displayed minimum deposit amount, required number of confirmations, whether smart-contract transfers are supported, and the Tag/Memo instructions.
Copy the Bybit deposit address and any required Tag/Memo. Even when using a QR code, recheck the final pasted address.
On the withdrawal screen of the sending exchange or personal wallet, select the same asset and the same network.
Enter the address and Tag/Memo, and confirm that the amount arriving after fees are deducted is at least the minimum deposit amount.
If a Travel Rule or wallet ownership verification window appears, truthfully enter the originating exchange or wallet type and sender information.
After completing verification, submit the withdrawal and check the generated TxID in a block explorer and in Bybit's deposit history.

Bybit's official guide explains that deposited assets are generally credited to the Funding Account by default. Users can change automatic routing in Settings to a supported account such as Unified Trading or Earn, so if the on-chain deposit is complete but the balance does not appear on the trading screen, first check the asset balance for each account.

4. How to Withdraw from Bybit: Sending from Bybit to an Exchange or Personal Wallet

First open the deposit screen at the receiving exchange or personal wallet, then copy the latest address and Tag/Memo for the asset and network.
Go to Bybit's Assets → Withdraw or select Withdraw in the Funding Account.
Select the coin to withdraw, recipient address, and network. Even when using an address book, check the current network and tag again.
Enter the withdrawal amount and review the withdrawal fee and expected final amount received shown on the Bybit screen.
If a Travel Rule window appears, select Exchange or Crypto Service Provider or Personal Wallet according to the actual destination.
Accurately enter the requested information, including the destination exchange, wallet owner, individual or corporate classification, and recipient name.
Complete the security verification displayed for your account, such as email, Google Authenticator, Passkey, or Secure Transaction Approval.
Check the request status and TxID. If there is no TxID, the request may still be undergoing Bybit's internal review or processing; if there is a TxID, you can check the blockchain status.

Bybit's official withdrawal guidance is based on supported Funding Assets and the available Withdrawal button, and explains that processing speed varies according to the blockchain and network congestion. The available withdrawal amount and security procedures may be affected by KYC, VIP status, account status, region, and limits set by the user, so rely on your own withdrawal confirmation screen rather than someone else's screenshot.

5. Network Selection: Different Names Such as ERC20 and TRC20 Mean Different Routes

Assets issued on multiple chains, such as USDT, may use different networks even when their address formats look similar. The network selected on the sending side must exactly match the network shown on the recipient's deposit screen. Do not assume compatibility merely because the asset ticker is the same.

Item to check	Why it matters	Where to check in practice
Asset ticker and contract	Avoiding a different token with the same name	Deposit screen, official asset information, and block explorer
Network name	Transfers on a different chain may not be credited automatically	Chain/Network on both deposit and withdrawal screens
Deposit and withdrawal operating status	If the wallet is under maintenance, processing may be delayed or the option may be unavailable	Exchange status page and current button
Minimum deposit and withdrawal amounts	Amounts below the threshold may not be credited or withdrawals may be unavailable	Detailed deposit and withdrawal information for each asset
Required number of confirmations	Blockchain success and the time of exchange crediting are different	Recipient exchange deposit instructions
Fee and final amount	After the fee is deducted, the amount may fall below the minimum deposit	Final withdrawal confirmation window

The cheapest network is not always the best. Priority should go to a network that both exchanges support simultaneously, whose deposits and withdrawals are operating normally, and for which the recovery route is clear. If you choose an arbitrary chain or bridge based solely on the fee, recovery costs may far exceed the savings.

6. Assets That Require a Tag, Memo, or Comment

Some exchange deposit addresses are shared by multiple users, with individual accounts distinguished by a secondary identifier such as a Tag, Memo, or Comment. Bybit's official deposit guidance gives assets in the XRP, EOS, and TON families as examples where a Tag/Memo may be required, and instructs users to check the current deposit screen for the assets that actually require one.

If the recipient screen displays an address together with a Tag/Memo, enter both.
Paste it precisely into the applicable field among Memo, Tag, Destination Tag, Comment, Note, and Remark on the sending exchange.
Even if the address is correct and only the tag is missing, the blockchain transfer may succeed but may not be credited automatically to the user's account.
Do not resend the same amount after omitting the tag or enter an arbitrary tag; use the recipient exchange's recovery procedure.
Retain the TxID, asset, amount, network, address, exact tag, and transfer time.

7. Calculating Bybit Withdrawal Fees and Minimum Amounts

Trading fees and blockchain withdrawal fees are different costs. The Maker/Taker fees and funding fees in the Bybit Spot and Derivatives Fee Guide are trading costs, while the withdrawal fee discussed here is the cost displayed on the withdrawal screen when sending assets over a network.

Expected arrival amount = Withdrawal request amount − Withdrawal fee shown on the Bybit screen

For example, if the withdrawal request amount is 100 USDT and the withdrawal fee currently shown in the confirmation window is 1 USDT, the expected arrival amount is 99 USDT. This figure is a hypothetical example intended to demonstrate the calculation and is not Bybit’s actual fee. The amount varies depending on the asset, network, and time, so you must check the final confirmation window each time.

In this hypothetical example, confirm that the receiving exchange’s minimum deposit amount is 99 USDT or less.
Check the screen to determine whether the fee is fixed or changes depending on the withdrawal amount or network conditions.
Distinguish whether the route incurs a foreign exchange spread or intermediary trading fee in addition to the withdrawal fee.
Even if referral benefits apply to trading fees, do not assume that blockchain withdrawal fees are automatically discounted as well.

8. Sending from Upbit to Bybit and from Bybit to Upbit

As confirmed on August 21, 2026, Upbit’s list of supported VASPs displayed June 30, 2026 as the reference date and included Bybit in the VASP list linked for account-holder verification. This does not mean that every coin and network can always be transferred directly, nor does it guarantee Bybit’s safety. The account-holder requirements for both accounts, supported assets and networks, and the actual deposit and withdrawal screens must all be satisfied.

Upbit → Bybit

Select the coin and network to receive on Bybit, then copy the deposit address and Tag·Memo.
Open the withdrawal screen for the same asset on Upbit and confirm that the identical network is supported.
Select an exchange wallet as the wallet type, select Bybit as the recipient, and enter the address and amount.
If account-holder verification is requested, confirm that the KYC names and dates of birth on Upbit and Bybit match.
During the initial account-holder verification process, consent to the transfer of personal information overseas and account information verification may be displayed.
After the small test transfer arrives, reconfirm the same address and network conditions before proceeding with the main transfer.

Bybit → Upbit

On Upbit’s deposit screen, confirm the asset, network, address, and secondary address.
On Bybit’s withdrawal screen, select the identical network and enter the address and Tag·Memo.
When Bybit’s Travel Rule window appears, select exchange as the destination and accurately enter Upbit and the actual recipient’s information.
After the withdrawal is complete, check the TxID and review the Upbit deposit history for account-holder verification or requests for additional supporting documents.

Upbit’s official guidance distinguishes between transfer procedures for converted KRW values of less than KRW 1 million and KRW 1 million or more. Transfers of KRW 1 million or more are subject to the Travel Rule, and matching account-holder names are important when sending to an exchange linked for account-holder verification. Repeated small withdrawals to avoid the threshold are not recommended; recheck Upbit’s current withdrawal guidance immediately before transferring.

9. Deposits and Withdrawals Between Bithumb and Bybit

Bithumb’s official list of supported exchanges marked Bybit as an overseas Travel Rule solution exchange in its table dated January 12, 2026, and also included Bybit in its guidance on CODE-linked exchanges. However, the list’s reference date and the current deposit and withdrawal screens may differ, so you must reconfirm the latest support status immediately before transferring.

Bithumb → Bybit: First confirm the address, network, and Tag on Bybit’s deposit screen, then accurately enter the recipient exchange and recipient information on Bithumb’s withdrawal screen.
Bybit → Bithumb: Copy Bithumb’s current deposit address and secondary address, select the identical network on Bybit, and truthfully enter the Travel Rule destination information.
Bithumb’s official guidance presumes that even transfers involving Travel Rule-linked exchanges may be delayed due to information mismatches, wallet maintenance, or differences in supported assets and networks.
If the Travel Rule message is not transmitted, as may occur with withdrawals using the Bybit API, a Bithumb deposit application and submission of supporting documents may be required.

Bithumb’s notice, “Deposits from solution-linked exchanges are delayed,” mentions cases in which the Travel Rule message is not received for transfers using the APIs of Bybit, HTX, OKX, and Bitget. In this case, prepare the transfer details and the member information screen from the originating exchange, then check the deposit application procedure.

10. Bybit Travel Rule and Personal Wallet Verification

Bybit’s official documentation states that, depending on local regulations, some users may need to verify their wallet address or provide Travel Rule information for deposits and withdrawals. When the screen appears, do not bypass it; enter the information according to the actual source and destination of the funds.

Selection	When applicable	Information generally checked
Exchange or Crypto Service Provider	Depositing from or withdrawing to another centralized exchange or custodial service	Names of the originating and destination exchanges, and the sender and recipient; individual or corporate status
Personal Wallet	A wallet managed by an individual, such as MetaMask, Trust Wallet, or a hardware wallet	Wallet owner, whether it belongs to you or another person, and proof of address ownership if necessary

The examples in Bybit’s Travel Rule FAQ explain that preliminary review may take up to 30 minutes. This is not a guaranteed processing time for all transfers and may take longer if additional review, document requests, review by the counterparty exchange, or network congestion occurs.

11. Status-Based Diagnosis When Deposits or Withdrawals Are Delayed

Status shown	What it may mean	Next check
Withdrawal requested, no TxID	Bybit internal processing, security review, or Travel Rule review	Withdrawal history, email and app notifications, and requests for additional verification
Withdrawal complete, TxID available	Sent to the blockchain	Block explorer status and the number of confirmations required by the receiving exchange
Blockchain successful, balance not reflected	Missing Tag, amount below the minimum deposit, or review by the receiving platform	Submit the TxID, asset, amount, and network to the recipient
Deposits and withdrawals temporarily suspended	Wallet maintenance, mainnet upgrade, or risk controls	Official status pages of both sides and resumption notifications
Account-holder verification failed	Mismatch in KYC name, date of birth, or recipient information	Compare the verification information and entered values on both sides
Travel Rule information required	Awaiting verification of the source, destination, or wallet owner	Complete the verification window in the deposit and withdrawal History
Additional documents under review	Security or compliance review	Check the submission deadline and requested documents in the official notification
Address format error	The selected network and address do not match	Copy the address and chain again from the receiving screen

Whether a TxID has been generated is the first point of decision. If there is no TxID, first check the originating exchange’s internal status; if there is a TxID and the blockchain shows success, check the receiving exchange’s minimum deposit, Tag, required confirmations, and Travel Rule status.

12. Responses by Error Type When Funds Are Sent Incorrectly

Address entered incorrectly

Once an on-chain transfer is recorded on the blockchain, it generally cannot be canceled. If the incorrect address belongs to an exchange, submit the TxID to the receiving exchange’s customer support; if you know the owner of a personal address, request a return. If it is an external address whose owner is unknown, the likelihood of recovery is very low.

Incorrect network selected

If the receiving platform does not support that network, the deposit may not be credited automatically. Submit the TxID, asset, contract, source and destination addresses, and network used to the receiving platform and ask whether manual recovery is possible. In some cases, a personal wallet may be accessible on another network using the same seed, but you must not enter the seed phrase on a website or provide it to a third party without precise knowledge.

Tag·Memo omitted or entered incorrectly

Even if the address is correct, the exchange may be unable to identify the user account. Submit a recovery request to the receiving exchange, including the TxID, correct Tag, asset, amount, network, and transfer time. Manual processing fees or a minimum recovery amount may apply, and recovery is not guaranteed.

Unsupported asset or amount below the minimum

Bybit’s official FAQ explains that recovery of unsupported assets or chains is performed on a best-effort basis, fees may be charged, and 100% recovery is not guaranteed. If you sent less than the minimum deposit amount, whether a subsequent deposit will be combined with it or whether it can be returned depends on the asset and platform policy, so confirm the official support team’s response before resending arbitrarily.

13. When Asked to Complete Additional Withdrawal Verification

Bybit states that, when necessary for security reasons, it may request identity documents, a screen recording of a recent deposit transaction, proof of fiat payment, or materials proving ownership of the withdrawal address. The official guide explains that the withdrawal request may be rejected if the requested documents are not submitted within 72 hours.

Confirm that the request is genuine through Bybit’s Funding Account History in the app or web interface and official email notifications.
Do not respond to messenger links or remote-control requests from people impersonating support staff.
For screen recordings, follow the official guidance so that the source platform login, relevant transaction details, amount, coin, time, and full TxID are visible.
Never share your private key, seed phrase, email password, or 2FA code with anyone.
If the status does not change after submission, contact official customer support using the existing request number.

14. Bybit Security Settings to Reduce Withdrawal Incidents

The authentication app, Passkey, anti-phishing code, and recovery procedures for your Bybit account are explained in detail in the Bybit Referral & Account Security Guide. For deposits and withdrawals, it is advisable to distinguish the purposes of the following settings.

Setting	Protection purpose	Precaution
Withdrawal Address Whitelist	Withdraw primarily to verified addresses	Reconfirm the asset, chain, and tag for saved addresses
Daily Whitelist Withdrawal Limit	Control the daily limit for whitelisted addresses	A user setting different from the account-wide maximum limit
Withdraw via Address Book	Block entry of new addresses outside the address book	Check the setting status before making an emergency destination change
New Address Withdrawal Lock	Prevent immediate withdrawals after adding a new address	Check the 24-hour lock conditions in the official guide
Withdrawal Protection	Apply a user-defined delay to on-chain withdrawals	A temporary restriction may apply after disabling it
Only Allow Withdrawals via App	Restrict web withdrawals and allow withdrawals only through the app	A plan is needed for loss and recovery of the primary device
On the Move Protection	Additional verification in unfamiliar locations	Additional authentication may be required in travel or VPN environments

An address whitelist does not prevent every mistake. You must check whether an address saved in the past still receives the same asset on the same network and whether the deposit address has been updated. For a route being used for the first time, compare the first and last characters of the address and prioritize a small test transfer.

15. Safe Selection Criteria by User Situation

Situation	First check	Recommended decision
Moving from Upbit to Bybit for the first time	KYC name, supported VASP, common network, minimum deposit amount	Confirm the account holder and then make a small test transfer
Moving between Bithumb and Bybit	CODE-supported list, recipient information, whether API withdrawals are supported	Keep standard withdrawal records that can serve as evidence in case of delay
Users who want to reduce fees	Networks supported by both sides and the final amount received	Prioritize support and recoverability over the cheaper chain
Users moving large amounts	User limits, security review, address book, Travel Rule	Check officially in advance and consider transferring in stages
Withdrawing to a personal wallet	The wallet's chain support, address ownership, and gas asset	Offline seed backup and a small test transfer
Unable to choose an exchange yet	Fees, products, copy trading, and security structure	Choose according to your purpose using the Bybit and Bitget Comparison Guide

16. Bybit Deposit and Withdrawal FAQ

How long does a Bybit deposit take?

A fixed time cannot be guaranteed. It varies depending on processing by the sending exchange, block creation speed, the number of confirmations required by Bybit, network congestion, and Travel Rule or security reviews. If you have a TxID, first check its status in a block explorer.

Are Bybit withdrawals available 24 hours a day?

Bybit provides on-chain withdrawals for supported assets, but an immediate withdrawal may not be possible because of wallet maintenance for a specific coin or chain, security restrictions, account reviews, or withdrawal protection settings enabled by the user. Check the Withdrawal button and status on the current Assets screen.

Should I send USDT via ERC20 or TRC20?

There is no single correct answer for every user. Among the networks supported and currently operating normally by both the sending and receiving platforms, compare the fee, minimum amount, and confirmation speed. Do not choose a chain that the recipient does not support, even if its fee is low.

Can I send more than KRW 1 million from Upbit to Bybit?

As of the verification on August 21, 2026, Upbit lists Bybit among the VASPs linked for account-holder verification. However, amounts of KRW 1 million or more are subject to the Travel Rule and must meet the conditions for matching the name of the account holder, supported assets and networks, and the actual withdrawal screen. Recheck Upbit's latest list immediately before applying.

Are direct deposits and withdrawals possible between Bithumb and Bybit?

Bithumb's official list identifies Bybit as a CODE-linked overseas exchange. However, not all assets and networks are supported, so you must check the recipient information and the current deposit and withdrawal status. If the Travel Rule details are omitted when withdrawing via API, a separate deposit application may be required at Bithumb.

Will my assets disappear if I omit the tag or memo?

Even if the transfer succeeds on the blockchain, it may not be automatically credited to the exchange account. You must submit the TxID and the exact tag, asset, amount, and network to the receiving exchange and request manual recovery; recoverability, processing time, and fees are not guaranteed.

I selected the wrong withdrawal network. Can I cancel it?

Generally, an on-chain withdrawal cannot be canceled once it has been recorded on the blockchain. Check whether the receiving platform or personal wallet supports that network, and if it does not, prepare the TxID and transfer details and inquire about the possibility of manual recovery.

What happens if I send less than the minimum deposit amount?

The amount may not be credited to your balance or may be difficult to return. Whether it can be combined through an additional deposit depends on the asset, network, and platform policy, so check the current deposit details and the official customer service response before arbitrarily resending to the same address.

Can a withdrawal request be canceled?

It depends on the status and processing stage. You can check the Bybit withdrawal history to see whether a cancellation option is available while it is still being processed internally, but it generally cannot be reversed after a TxID has been generated and the transaction has been sent to the blockchain.

Does a Bybit referral code also reduce withdrawal fees?

Trading fee benefits and blockchain withdrawal fees are separate. Check the referral terms displayed on the sign-up screen for your account, and check the withdrawal fee and final amount received on the withdrawal confirmation screen each time.

17. Final Checklist

□ Did you access the official Bybit app or bybit.com?
□ Are deposits and withdrawals currently operating normally on both exchanges?
□ Did you select the same asset and the same network?
□ Did you copy the address anew from the receiving screen?
□ Did you compare the first and last characters after pasting the address?
□ Did you check whether the asset requires a Tag, Memo, or Comment?
□ Is the amount after deducting the fee at least the minimum deposit amount?
□ Did you check the supported VASP and KYC name requirements?
□ Did you accurately enter the deposit source, recipient, and wallet owner information?
□ Did you make a small test transfer on the new route?
□ Did you retain the TxID and transfer records?

Official Sources

Official documents and supported-asset lists may change. The verification date for this article is the time when CoinPop last checked the information. Immediately before making an actual transfer, you should recheck Bybit’s current deposit and withdrawal screens, as well as those of the originating and destination exchanges, including supported assets and networks and the Travel Rule guidance.

Check the Bybit Sign-Up Screen

Affiliate disclosure: CoinPop may receive compensation for qualifying activities through the link above. CoinPop distinguishes verified facts from analysis; the actual Bybit interface takes precedence regarding sign-up benefits, availability by region, and account conditions.

Risk Disclosure: Virtual assets involve risks related to price volatility, exchanges and custodians, networks, smart contracts, regulations, and liquidity. If you transfer assets to an incorrect address, network, or Tag, you may be unable to recover them. Do not transfer amounts you cannot afford to lose or use them for leveraged trading.