URL: https://exchangesteps.com/bybit-guide
Updated: 2026-10-10
Sources: https://www.bybit.com/en/help-center/article/How-to-register-an-account , https://www.bybit.com/en/help-center/article/Individual-KYC-FAQ , https://www.bybit.com/en/help-center/article/How-to-Buy-Coins-on-P2P

# Bybit Tutorial for Beginners

> **Quick answer**
> Bybit is a major exchange with a strong P2P market in **Egypt, the UAE, Morocco and Saudi Arabia**. The path looks like this: **(1) create an account** with email, phone, Google, Apple or Telegram; **(2) verify** with an original ID and a face scan (15 minutes to 48 hours); **(3) deposit**, or **(4) buy USDT on P2P** and tap **Payment Completed**; and **(5) withdraw**, either on P2P with **Release Now** or on-chain. **Important: Bybit blocks Syrian and Sudanese nationals wherever they live.**
>
> **[Open your Bybit account →]**

## Roadmap

| Step | Full guide |
|---|---|
| 1. Create an account | [How to create a Bybit account](https://exchangesteps.com/how-to-create-bybit-account) |
| 2. Verify | [Bybit identity verification](https://exchangesteps.com/bybit-identity-verification) |
| 3. Deposit | [How to deposit on Bybit](https://exchangesteps.com/how-to-deposit-on-bybit) |
| 4. Buy USDT | [How to buy USDT on Bybit P2P](https://exchangesteps.com/how-to-buy-usdt-on-bybit-p2p) |
| 5. Withdraw | [How to withdraw from Bybit](https://exchangesteps.com/how-to-withdraw-from-bybit) |

## Is Bybit right for you?

| | Bybit |
|---|---|
| **Restrictions** | Based on **nationality**: Syrian and Sudanese nationals are refused, even abroad |
| **UAE** | New users go through the Abu Dhabi entity, which doesn't accept Dubai residents |
| **Strong P2P in** | Egypt, the UAE, Morocco, Saudi Arabia |
| **No P2P in** | Qatari and Omani rial, Bahraini and Libyan dinar, Syrian pound, Sudanese pound |
| **Verification** | 3 levels; the basic one is enough for P2P |

## How Bybit differs from Binance

- **Restrictions go by nationality**, not residence (Binance goes by where you live).
- **Deposits land in your Funding Account by default**, and withdrawals are made from Funding or Spot.
- **The P2P payment button** is Payment Completed, and **the release button** is Release Now.
- **P2P fees may apply**, depending on the currency and the type of ad (according to Bybit's updated guide).

## Frequently asked questions

**Is Bybit available in my country?**
Check the [countries page](https://exchangesteps.com/countries). If you're a Syrian or Sudanese national, it isn't available to you, even if you live abroad.

**Is Bybit good for beginners?**
Yes. The steps are close to Binance's; just keep the nationality rule and the fees in mind.

**Where do I find my crypto after buying it?**
In your Funding Account.

## Get started

**[Open your Bybit account →]**

---

*Last updated: 10 October 2026 · Sources: Bybit Help Center, plus our own check of P2P markets on 10 October 2026.*