Ahead

How to deposit to Bybit, and what to turn on first

Checked on against ten Bybit help pages. See the sources. Ahead is a Bybit affiliate: how we make money.

Short answer

Turn on Google two-factor authentication before any money goes in. Then open Bybit’s Deposit screen, choose the coin and the network, and send to the address it shows, on that same network.

Bybit charges nothing for an on-chain deposit.4 Each coin has its own minimum, and a deposit below it is not credited or refunded.6

On this page
  1. First, turn on two-factor authentication
  2. Four ways to add money
  3. Three checks before you send
  4. The steps at a glance
  5. Step by step, on the website
  6. Where the money lands
  7. If the deposit doesn’t arrive
  8. Questions people ask
  9. Sources

First, turn on two-factor authentication

Two-factor authentication (2FA) asks for a 6-digit code from an app on your phone as well as your password. Bybit urges users to keep it on at all times.1

You’ll need it later in any case. Bybit’s withdrawal guide says email and Google Authentication are required before an on-chain withdrawal request can be submitted.10

  1. Select your profile icon, then Account, then Security.1
  2. Next to Google Two Factor Authentication, select Settings.
  3. Enter the verification code Bybit sends to your registered email or phone.
  4. A QR code appears. In the Google Authenticator app, tap + and scan it.
  5. Write down the Recovery Key Phrase. You need it to bind a new authenticator, for example on a new phone.
  6. Enter the 6-digit code from the app and select Confirm.

Keep the Recovery Key Phrase somewhere other than that phone. Bybit suggests an encrypted cloud store or another secured device.1

Then leave it alone. Bybit pauses withdrawals for 24 hours after Google Authenticator is disabled or reset, and after a password, email or phone number change.2

Four ways to add money

MethodWhat it isBybit’s fee
On-chain crypto depositSending coins from another wallet or exchange over a blockchainNone4
P2P TradingBuying crypto from another Bybit user and paying them directlyDepends on your currency. See our P2P guide
One-Click BuyBuying crypto with a bank card or through a third-party provider, who runs their own identity checkSet by the service provider and shown on the order page4
Fiat depositAdding your own currency to a fiat balance in the Funding AccountNot stated on the pages we read
 Methods from Bybit’s deposit overview;3 fees from its fee summary.4

The rest of this page covers the on-chain deposit. P2P has its own guide.

Three checks before you send

Sending a large amount for the first time? Our suggestion, not a Bybit rule: send a small amount above the minimum first, wait for it to arrive, then send the rest.

The steps at a glance

  1. Open Assets
  2. Select Deposit
  3. Choose the coin
  4. Choose the network
  5. Copy the address
  6. Send from your wallet

Step by step, on the website

  1. Select Assets at the top right, then Deposit.5
  2. Choose the coin.
  3. Choose the chain type and acknowledge the notice. Your Bybit deposit address appears, with a QR code.
  4. In the wallet or exchange you’re sending from, paste the address, and the memo or tag if the coin needs one.
  5. If you want the deposit to land somewhere other than the Funding Account, change the receiving account.
  6. Send, then wait. The Deposit page shows how many blockchain confirmations the coin needs before it’s credited.6

Where the money lands

By default a deposit is credited to your Funding Account. You can route it to the Unified Trading Account or to Earn instead, on the Deposit screen or under Preference Settings.5

Trading uses the Unified Trading Account, so money that landed in the Funding Account is moved there first. Funding Account vs Unified Trading Account shows how.

If the deposit doesn’t arrive

What happenedWhat Bybit says to doCost
Still confirmingWait for the required number of confirmations6None
Credited to another accountCheck the Unified Trading Account, if you changed where deposits go6None
Extra check pendingBybit emails you if a Travel Rule verification is needed. Complete it in your deposit history6None
Missing memo or tagUse the self-service appeal: Help Center, then Self-Service, then “Crypto Deposit not arrived”. Bybit emails the result within 1–3 working days and doesn’t process transactions older than 180 days7Five times the coin’s standard withdrawal fee, taken from the refund7
Unsupported coin or chainSelf-service if the deposit shows on the Pending Asset page; otherwise a manual request, reviewed in 3–5 working days. Bybit says recovery “is on a best-effort basis; 100% recovery is not guaranteed”8Self-service: a fixed fee in USDT that varies by asset. Manual: 200 USD, and only for amounts above $5008
Below the minimumNothing. It isn’t credited or refunded6The whole deposit
 From Bybit’s deposit FAQ,6 its self-service recovery guide7 and its unsupported-deposit rules.8

Questions people ask

What is the minimum deposit on Bybit?

There isn’t one figure. Each coin has its own minimum, listed on Bybit’s Crypto Deposit/Withdrawal Status page. A deposit below the minimum is not credited or refunded.6

Does Bybit charge a deposit fee?

No. Bybit says it charges no fee for on-chain crypto deposits into your account.4 Whatever the wallet or exchange you send from charges is separate.

How long does a Bybit deposit take?

It depends on the blockchain. Bybit credits a deposit after a set number of confirmations and shows that number on the Deposit page. It doesn’t give a time in minutes.6

I sent a coin on the wrong network. Can I get it back?

Sometimes. Bybit handles unsupported deposits on a best-effort basis and says recovery isn’t guaranteed. Its manual procedure costs 200 USD and only covers amounts above $500.8

Do I have to verify my identity before I deposit?

Bybit says identity verification of at least Standard level is mandatory for all its products and services.9 Step 3 covers it.

What we couldn’t confirm

  • The minimum deposit for each coin. Bybit keeps the figures on a live page we couldn’t read.
  • How long a deposit takes in minutes. Bybit gives confirmation counts, not times.
  • What card purchases and fiat deposits cost. For One-Click Buy, Bybit says the service provider sets the fee and the order page shows it.
  • The steps in the mobile app. We wrote the website steps.

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Bybit pays us a commission from the trading fees it collects. It adds nothing to yours. Not for residents of the United States, Canada, the United Kingdom, the European Economic Area, Singapore, Hong Kong, mainland China, Malaysia, Türkiye or other restricted places: full list. Crypto contracts can lose your entire margin. Not financial advice.

Sources

  1. How to Bind Your Account’s 2FA via Google AuthenticatorBybit Help Center. Last updated by Bybit on 1 September 2026.
  2. FAQ — On-Chain Crypto WithdrawalsBybit Help Center. Last updated by Bybit on 12 April 2026.
  3. How to Make a Deposit on BybitBybit Help Center. Last updated by Bybit on 22 June 2026.
  4. Bybit’s Fees That You Need to KnowBybit Help Center. Last updated by Bybit on 8 April 2026.
  5. How to Make an On-Chain Crypto Deposit To BybitBybit Help Center. Last updated by Bybit on 14 August 2026.
  6. FAQ — On-Chain Crypto DepositsBybit Help Center. Last updated by Bybit on 14 August 2026.
  7. How to Recover a Missing Deposit via Self-ServiceBybit Help Center. Last updated by Bybit on 26 October 2026.
  8. How to Recover an Unsupported DepositBybit Help Center. Last updated by Bybit on 24 March 2026.
  9. FAQ — Individual KYCBybit Help Center. Last updated by Bybit on 20 August 2026.
  10. How to Submit an On-Chain Withdrawal RequestBybit Help Center. Last updated by Bybit on 12 April 2026.