๐ธ How to Deposit Funds on Bybit
Bybit offers multiple ways to deposit funds โ including crypto transfers, fiat payments, and P2P. Below is a step-by-step breakdown of each method.
๐น 1. Crypto Deposit
A crypto deposit is a blockchain transfer from an external wallet or exchange to your Bybit account.
- Only deposit supported coins via the correct network listed on the Bybit deposit page.
- Each coin may have specific conditions such as minimum deposit amounts or contract type.
- Always read the deposit notes before sending funds.
๐ If a MEMO/tag is required (for XRP, EOS, TON, etc.), it must be included correctly during the transfer.
Failing to add or using an incorrect tag/MEMO may result in loss of funds.
๐ณ 2. Buy Crypto in One Click
๐ธ Bank Card / Google Pay / Apple Pay (Not available for Russian-issued cards)
- Link your card โ Select the amount โ Buy crypto in 5 minutes.
- Bybit allows direct crypto purchases via bank cards or digital wallets โ fast, easy, and secure.
๐ธThird-Party Payment Services (Not available for Russia)
- Bybit partners with over 8 trusted payment providers.
- KYC is required by the provider.
- After identity verification and order confirmation, crypto is credited to your Bybit account.
To use this option:
Go to Buy Crypto โ Third-Party Payment โ Select provider โ You will be redirected to the external site to complete the purchase.
๐ธFiat Balance
- Deposit fiat to your account and use it to purchase crypto in one click.
- Available after your first fiat deposit and completing 2FA verification.
๐ค 3. P2P Trading (Available cards issued in RF)
A secure way to buy USDT directly from other users with zero fees.
๐ How it works:
- Go to Buy Crypto โ P2P Trading
- Select coin, payment method, currency, and amount
- Review seller ratings, order limits, and terms
- Click Buy USDT, enter the amount, and confirm
- Transfer fiat to the seller's account as instructed
- Click Payment Made after completing the transfer
- Your bank account name must match your KYC name on Bybit
- Do not write "USDT" or "BTC" in transfer notes
- If seller doesn't release funds within 10 minutes, click Dispute to appeal
๐ธ Step-by-step Guide:
Step 1: Click Buy Crypto โ P2P Trading in the top left menu.
Step 2: Filter sellers based on coin, amount, payment method, and fiat currency.
- Merchant's orders and success rate = performance over the last 30 days
- "Price" = reference price set by the counterparty
- "Available/Limit" = balance, min and max transaction limits
- "Payment method" = shows supported options for that listing
- Some sellers may require additional verification (ID, payment proof, etc.)
Step 3: Choose a listing โ Click Buy USDT
Step 4: Enter fiat amount or amount of crypto โ Click Buy
๐ For high-volume orders, additional KYC may be requested.
- Youโll be redirected to a verification page
- Upload required docs or info via the chat
- After approval, youโll see a countdown for payment
- Send fiat โ Click Payment Made
๐ซ Daily cancellation limits apply if proof is rejected or canceled.
๐ Donโt use restricted keywords (like โBTC/USDTโ) in the payment note.
๐ Ensure correct amount and account details to avoid failure.
Step 6: You may be prompted to upload payment proof or enter the transfer amount โ then confirm.
๐ "Confirm Payment" is only enabled after completing the required step.
Step 7a: Once the seller releases funds, they appear in your Funding Wallet
Track order status under P2P Order History
๐ If you've enabled Bybit Earn, funds may go directly to your Earn Wallet.
Step 7b: If the seller fails to release funds in 10 mins โ Click Dispute Order? for support.
๐ฐ 4. Cash Deposit (OTC)
Need help depositing via cash from anywhere in the world?
๐ฉ Contact: @natalia_cryptotime