🚀 Want to withdraw money from Bybit but don’t know how? In this guide, we’ll cover all withdrawal methods, fees, and common mistakes.
📌 What you’ll learn:
✔️ How to withdraw USDT, BTC, ETH, and other cryptocurrencies?
✔️ How to sell crypto via P2P and withdraw to a bank card?
✔️ What are the withdrawal fees?
✔️ Common mistakes beginners make and how to avoid them.
💡 Spoiler: Withdrawing money from Bybit is easy if you use the right method!
📌 What Are the Withdrawal Methods on Bybit?
1️⃣ Crypto Withdrawal – Send funds to another wallet (Binance, Trust Wallet, MetaMask).
2️⃣ P2P Trading – Sell crypto directly to other users and withdraw to a bank card.
3️⃣ Third-Party Services (Advcash, Mercuryo, etc.) – Convert crypto to fiat instantly.
📌 Which method to choose?
✔️ If you want to transfer crypto to another exchange or wallet → Crypto Withdrawal.
✔️ If you want to sell crypto and get money on your bank card → P2P Trading.
✔️ If you need a fast withdrawal via payment services → Third-Party Services.
📌 How to Withdraw Cryptocurrency from Bybit to Another Wallet?
🔹 Go to “Assets” → “Withdraw”.
🔹 Select the cryptocurrency (e.g., USDT, BTC, ETH).
🔹 Choose the network (TRC-20, ERC-20, BEP-20 – choose carefully!).
🔹 Enter the recipient’s wallet address.
🔹 Enter the withdrawal amount and confirm the transaction.
📌 What are the withdrawal fees?
✔️ TRC-20 (Tether USDT) – Lowest fee.
✔️ ERC-20 (Ethereum) – High fee.
✔️ BEP-20 (Binance Smart Chain) – Medium fee.
💡 Withdrawals take 5 to 30 minutes, depending on the network.
📌 How to Withdraw Money from Bybit to a Bank Card via P2P?
📌 P2P trading allows you to exchange crypto for fiat directly with other users.
How to sell crypto via P2P and receive money on a bank card?
1️⃣ Go to “Buy Crypto” → “P2P Trading”.
2️⃣ Select “Sell”, choose your fiat currency (USD, EUR, etc.).
3️⃣ Select a payment method (bank transfer, PayPal, etc.).
4️⃣ Choose a trusted buyer (high rating & verified account).
5️⃣ Confirm the transaction, send the crypto, and receive money.
📌 Advantages of P2P withdrawal:
✔️ Zero fees on most transactions.
✔️ Instant withdrawal to your bank account.
✔️ Secure transactions via Bybit’s escrow system.
💡 P2P is the best method if you need quick cash!
📌 Common Mistakes When Withdrawing from Bybit
❌ Choosing the wrong network – USDT TRC-20 and USDT ERC-20 are different networks!
❌ Sending funds to the wrong wallet – Always double-check the address.
❌ Selling at a bad rate in P2P – Compare offers before making a deal.
❌ Withdrawing funds to an exchange without verification – It may get delayed.
📌 Tip: Always double-check your withdrawal details before confirming!
🔥 Have you ever made a withdrawal mistake? Share in the comments!
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💡 Conclusion
Withdrawing money from Bybit is quick and safe if you choose the right method.
🔥 Which withdrawal method do you prefer – P2P or crypto transfers? Let’s discuss in the comments!