Bybit is now supporting different types of deposit methods for our users. Here is a detailed operation process so that you can easily deposit crypto or fiat currency via:
Crypto Deposit
A crypto deposit is the transfer of crypto from an external wallet or another exchange via blockchain transaction to your Bybit account. You can find a detailed guide on how to make a crypto deposit here.
Notes:
— Please only deposit the supported coins using the supported chain listed on the Bybit asset page.
— Each coin has different deposit requirements, such as a minimum deposit amount or a deposit method (Smart Contract). Please make sure to read through the important notes on the Deposit page before making a deposit.
— For coin deposits that require a deposit tag/memo, such as XRP, EOS, TON chain and more, kindly be sure to fill in your deposit memo/tag correctly in the Comment/Note/Remark field of your withdrawal request page. You can find your memo/tag from the deposit window as shown below. Depositing without a memo/tag or with the wrong memo/tag may lead to the loss of assets. For more information, please refer to the FAQ — On-chain Crypto Deposits.
One-Click-Buy
You can now easily buy crypto currencies using fiat currencies with different transfer methods on Bybit. This service is mainly provided by using the 3 channels below:
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Bank Card payment
Bybit has launched bank card payments, allowing users to buy crypto directly with their bank cards using fiat currencies. You’ll just need to link your bank card to your Bybit account and purchase without going through any third-party channel. The process takes only 5 minutes and is as simple as buying other regular products online. You can also use your Google Pay and Apple Pay account to purchase crypto currencies.
To purchase coins using a bank card, head on over to our Buy Crypto → One-Click Buy page. To learn more, please refer to our Bank Card Payment articles here.
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Third-Party Payment
Third-Party Payment is a service provided by third-party service providers. Bybit has collaborated with more than eight service providers. Please note that to use this payment method, traders are required to perform KYC verification with third-party service providers. Once a trader’s identity is successfully verified and their order has been completed, the service provider will credit the cryptocurrency into the trader’s Bybit account. Different providers support different currencies and payment methods.
To purchase coins using a third-party channel, head on our Buy Crypto → One-Click Buy page and choose the third-party payment method in the drop-down menu. You’ll be redirected to the third-party website to continue the purchase process.
To learn more, please refer to our Third Party Payment Channel articles here.
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Fiat Balance
After depositing fiat deposits on your account, you can use this fiat balance to purchase crypto on One-Click Buy. The fiat balance option will only be available after you have made a first fiat deposit on your account and after binding your account with 2FA verification.
To purchase coins using your fiat balance, head on our Buy Crypto → One-Click Buy page and choose the Fiat Balance method in the drop-down menu.
Fiat Deposit
It is now possible for traders to deposit fiat currencies on Bybit so they can use their fiat funds to purchase coins directly on the platform. The list of available fiat currencies supported on this function can be found here.
In order to deposit fiat into your Bybit account, please go to Buy Crypto → Fiat Deposit. Once the deposit is completed, the funds will be credited in your Funding account and you can purchase crypto currencies using your fiat balance anytime.
Please refer to our FAQ — Fiat Deposit for more information and for a detailed guide on how to deposit each currency, please consult the page here.
P2P Trading
P2P Trading is an easy and secure peer-to-peer trading platform that facilitates the buying and selling of coins between two users at an optimal, mutually agreed price with no transaction fees.
Users can buy and sell crypto on P2P Trading using different fiat currencies, with more than 60 payment methods currently supported. They can also choose their buyer/seller from the list of advertisements, according to their preferred payment method and currencies.
To purchase funds using P2P Trading, head on over to Buy Crypto → P2P Trading to start buying your crypto! You can also find detailed guides on how to use P2P Trading here:
To learn more, please refer to Introduction to P2P Trading.