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    FAQ — Fiat Withdrawal
    bybit2024-12-29 14:35:50




    General Information

    Which fiat currencies are supported for Fiat Withdrawal?

    Only Kazakhstani tenge (KZT) is supported for Bybit Kazakhstan users. You can find the list of supported currencies for fiat deposits on the Fiat Withdrawal page

     



    On the App, go to the Assets tab and tap Withdraw, then switch to the Fiat section to access the list of supported options. 

     





    Are there any fees associated with Fiat Withdrawal?

    There may be fees associated with your fiat withdrawal, depending on the fiat currency and payment method selected. You can find the relevant fee rates applied for each fiat currency and payment method by going to the Fiat Withdrawal page and selecting the fiat currency of your choice. 

     

     

    On the App, go to the Assets tab and tap on Withdraw, then switch to the Fiat section. Then, tap Fiat  and refer to the associated fees for each payment method. 

     




    How long does it take for fiat currencies to be credited to my bank account?

    The processing time can be different depending on the fiat currency and payment method selected. You can find the estimated processing time for each fiat by going to the Fiat withdrawal page and selecting the fiat currency of your choice. Please also read through the tips next to the order window for more details. 

     



    On the App, go to the Assets tab and tap on Withdraw, then switch to the Fiat section. Then, tap Fiat and refer to the associated processing time for each payment method. 

     




    Are there any requirements for Fiat Withdrawal?

    Yes. Here are the following requirements:

    1. Email Authentication

    2. Google Two-Factor Authentication

    3. Individual KYC Verification / Business KYC Verification

    4. Make a fiat deposit using the bank account to which you plan to withdraw funds

     

    Note: 

    — Withdrawal limits vary based on the Identity Verification and VIP levels of different accounts.




    What is the fiat withdrawal limit applied to my account?

    The minimum and maximum withdrawal amounts per transaction are indicated in the order zone. 

     



    Withdrawal limits will also be applied based on your account’s Identity Verification and VIP levels. Please refer to the table below for more information.



    VIP Level

    Identity Verification Lv. 1 

    Identity Verification 

    Lv. 2 

    Business Verification

    Non-VIP

    Per Order: ≤ 5k 

    Daily: ≤ 5k

    Weekly: ≤ 5k 

    Monthly: ≤ 5k 

    Per Order: ≤ 10k 

    Daily: ≤ 20k 

    Weekly: ≤ 50k 

    Monthly: ≤ 100k  

    Per Order: ≤ 50k 

    Daily: ≤ 100k 

    Weekly: ≤ 200k 

    Monthly: ≤ 400k 

    VIP 1

    Per Order: ≤ 50k 

    Daily: ≤ 100k 

    Weekly: ≤ 200k 

    Monthly: ≤ 400k 

    VIP 2

    Per Order: ≤ 50k 

    Daily: ≤ 150k 

    Weekly: ≤ 300k 

    Monthly: ≤ 500k 

    VIP 3

    Per Order: ≤ 50k 

    Daily: ≤ 200k 

    Weekly: ≤ 400k 

    Monthly: ≤ 500k 

    VIP 4

    VIP 5

    Supreme VIP

    PRO 1

    Per Order: ≤ 1M

    Daily: ≤ 2M

    Weekly: ≤ 4M

    Monthly: ≤ 5M

    PRO 2

    PRO 3

    PRO 4

    Per Order: ≤ 1M

    Daily: ≤ 5M

    Weekly: ≤ 5M

    Monthly: ≤ 10M

    PRO 5

    PRO 6

     

    Notes:

    — All fiat withdrawal limits shall follow USD equivalent values.

    — The weekly withdrawal amount is calculated from Monday, 12AM (midnight) UTC to Sunday, 11:59PM UTC.

    — The monthly withdrawal amount is calculated from the first day of the month, 12AM (midnight) UTC to the last day of the month, 11:59PM UTC.

    — Identity Verification Lv. 2 is required if accumulated fiat withdrawals exceed 5,000 USD or equivalent value.

    — Additional verification may be requested before reaching the limit due to risk control measures, and the review is expected to take up to 2 working days.




    What should I do if I encounter issues during the withdrawal process?

    If you encounter any issues with your fiat withdrawals, kindly submit a case via this link and provide relevant information accordingly. Once the case is submitted, you will receive an automated email with your case number. Our Customer Support team will reach out to you within 1–2 working days. 

     

    To learn more about how to withdraw fiat currencies, please refer to the available articles for each currency here.




    Can I cancel my withdrawal order?

    No, your fiat withdrawal request cannot be canceled once it is submitted successfully.









    Withdrawal Method Related

    How to add a fiat withdrawal account for each payment method?

    If you have previously made a deposit using the same payment method, the account will be automatically added to the withdrawal account option list. Otherwise, you may click "Add an account". Please ensure that the information you provide, such as name, IIN/BIN, and bank information, matches the information you provided during Identity Verification.

     

    Note: The withdrawal accounts added are unique to the corresponding fiat currencies and will not be added to the same payment method of other currencies.

     

    If you have previously made a deposit using a payment method, the same account will automatically be added to the list of withdrawal account options if it supports withdrawals. The following table illustrates the differences among each withdrawal method.

     

    Withdrawal Account Type

    Payment Method

    Description

    IBAN

    Bank Transfer 

    You need to add your bank account information by making a fiat deposit before the withdrawal. If you have made a deposit successfully, the bank account will be linked automatically for withdrawals.

     

    Notes:

    — For detailed guidelines on withdrawals, please refer to the guides here.

    — The withdrawal accounts added are unique to the corresponding fiat currency and it will not be added to the same payment method of other currencies.

    — The application review for adding a new withdrawal account takes 3–5 working days. You will be notified about the application result via email. Once the account is successfully created, you will not be required to verify for deposit.

    — Kindly ensure that the information you provide, such as names, IIN/BIN, and bank information, matches the Bybit KYC information. 




    How many fiat withdrawal accounts can I add for each payment method?

    The number of withdrawal accounts that can be added for each fiat currency varies according to the payment method. 

     

    Withdrawal Account Type

    Payment Method

    Maximum Withdrawal Account(s) per Currency

    IBAN

    Bank Transfer

    3

     

    Note: The payment method examples provided above are for illustrative purposes only. Based on your country of residence and the service providers’ availability, not all payment methods will be accessible.

     

     

     

    Why was I asked to submit documents in order to withdraw?

    If the channel is unable to recognize your withdrawal information, you will be asked to upload documents for manual review. The review process will take 48 hours. Alternatively, you may also find the submission portal here. The review will take up to 48 hours.




    How to remove my fiat withdrawal account from the option list?

    Only invalid withdrawal accounts that have a “bin” symbol can be removed. Otherwise, once the account is successfully added, it cannot be removed.









    Order Related

    Where can I view my fiat withdrawal history?

    To view your fiat withdrawal history, please click on Orders in the upper right corner of the Fiat Withdrawal page.

     



    On the App, go to the Assets tab and tap Withdraw, then switch to Fiat → select any of the fiat currencies → tap the page icon.

     




    How to increase the success rate of your fiat withdrawal?

    The beneficiary details must align precisely with the information you provided during Identity Verification. Using third-party accounts for payment transfers is strictly prohibited. Please ensure that the recipient information, such as full name and IIN/BIN, consistently matches the details provided during Identity Verification. Otherwise, it may lead to unsuccessful withdrawals, and further review is required. Please note that the review may take 7-14 working days.




    Why is the order status of my fiat withdrawal "Processing"?

    If your fiat withdrawal order has passed the processing time indicated and is still being processed, this usually means the service provider has not returned the status of the withdrawal order. In this case, we would need to check with the service provider. Please submit a request here. Kindly be informed that the investigation may easily take up to 7–14 working days as communication with external parties is involved.

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