ByBit Manual: Step-by-Step Guide to Using the Crypto Exchange

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Introduction

ByBit is a leading cryptocurrency exchange platform offering seamless trading experiences. This comprehensive manual walks you through account setup, deposits, withdrawals, and security features—all optimized for both beginners and experienced traders.

Table of Contents

  1. Account Creation
  2. Two-Factor Authentication (2FA)
  3. Depositing Cryptocurrency
  4. Supported Cryptocurrencies
  5. Buying Crypto with Fiat
  6. Withdrawing Funds
  7. FAQ

How do I create an account on ByBit?

ByBit supports registration via email or mobile. Follow these steps:

Email Registration

  1. Enter your email address and a strong password.
  2. Add referral code 20819 for a welcome bonus.

  3. Click Register and verify via the email code.

    • 📌 Email addresses cannot be changed—ensure access is secure.

Mobile Registration

  1. Select your country code and enter your mobile number.
  2. Set a password and include referral code 20819.

  3. Verify via SMS code.

    • ℹ️ An email must still be linked for cryptocurrency withdrawals.

👉 Start trading on ByBit today

How to activate Two-Factor Verification (2FA) on ByBit?

  1. Navigate to Account & Security → Google Two-Factor.
  2. Send a verification code to your email/mobile.
  3. Scan the QR code via Google Authenticator.

  4. Enter the 6-digit code and confirm.

    • 🔒 Always store your Recovery Key Phrase (RKP) securely.

How to deposit crypto on ByBit?

  1. Go to Assets → Deposit.

  2. Select your cryptocurrency to generate a QR code/deposit address.

    • XRP/EOS: Include a memo tag.
  3. Transactions depend on blockchain speed.

Supported Coins:

BTC, ETH, XRP, EOS, USDT, DOGE, and more.
⚠️ Sending unsupported coins may result in permanent loss.

How to buy crypto with fiat on ByBit?

ByBit partners with Cabital, MoonPay, Banxa, and others for fiat deposits.

Steps:

  1. Click Buy Crypto → Express.
  2. Select fiat currency (AUD, EUR, USD, etc.) and crypto (BTC, ETH, USDT).
  3. Enter amount (min €40, max €14,000).
  4. Choose a payment provider and complete KYC verification.

How to withdraw cryptocurrency from ByBit?

Supported Coins: BTC, ETH, XRP, EOS, USDT.
Processing Times: 8:00/16:00/00:00 UTC (30-min minimum delay).

Steps:

  1. Navigate to Assets → Withdraw.
  2. Add a destination address (requires 2FA).
  3. Confirm via email and Google Authenticator.

FAQ

Q1: Can I change my registered email?

A: No—ensure your email remains accessible.

Q2: What if I lose my 2FA device?

A: Use your Recovery Key Phrase (RKP) to restore access.

Q3: Are there deposit limits for fiat?

A: Yes, typically €40–€14,000 per transaction.

Q4: How long do withdrawals take?

A: Up to 12 hours, processed in batches.

ByBit New Deposit Rewards

Deposit and trade to earn bonuses:

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Conclusion

ByBit combines user-friendly features with robust security. Whether depositing, trading, or withdrawing, this guide ensures a smooth experience. Always prioritize security and verify transaction details.

🚀 Ready to dive in? Explore ByBit’s platform today!