April 4

๐Ÿ’ธ 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.

๐Ÿ”น 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.

๐Ÿ“Œ 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.

๐Ÿ’ณ 2. Buy Crypto in One Click

๐Ÿ”ธ 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.

๐Ÿ”ธThird-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.

๐Ÿ”ธFiat 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.

๐Ÿค 3. P2P Trading (Available cards issued in RF)

A secure way to buy USDT directly from other users with zero fees.

๐Ÿ”„ How it works:

  1. Go to Buy Crypto โ†’ P2P Trading
  2. Select coin, payment method, currency, and amount
  3. Review seller ratings, order limits, and terms
  4. Click Buy USDT, enter the amount, and confirm
  5. Transfer fiat to the seller's account as instructed
  6. Click Payment Made after completing the transfer

๐Ÿ“Œ Important:

  • 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

๐Ÿ”ธ 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.

๐Ÿ”Ž Useful info:

  • 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

๐Ÿ“Œ For high-volume orders, additional KYC may be requested.

Step 5a: For verified orders:

  • Youโ€™ll be redirected to a verification page
  • Upload required docs or info via the chat
  • After approval, youโ€™ll see a countdown for payment
  • Send fiat โ†’ Click Payment Made

๐Ÿšซ Daily cancellation limits apply if proof is rejected or canceled.

Step 5b: For standard orders:

  • Proceed directly to the payment countdown page
  • Complete the transfer and click Payment Made

๐Ÿ“Œ Donโ€™t use restricted keywords (like โ€œBTC/USDTโ€) in the payment note.
๐Ÿ“Œ 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.

๐Ÿ“Œ "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

๐Ÿ“Œ 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.

๐Ÿ’ฐ 4. Cash Deposit (OTC)

Need help depositing via cash from anywhere in the world?
๐Ÿ“ฉ Contact: @natalia_cryptotime