URL: https://exchangesteps.com/how-to-deposit-on-bybit
Updated: 2026-10-10
Sources: https://www.bybit.com/en/help-center/article/How-to-Make-an-On-Chain-Crypto-Deposit-To-Bybit , https://www.bybit.com/en/help-center/article/Bybit-Deposit-FAQ

# How to Deposit on Bybit

> **Quick answer**
> To deposit on Bybit, go to **Assets** → **Deposit**, pick the coin and then the **network (Chain)**, and copy the deposit address. Send from the other side on **the same network**, with the tag/memo if one is required. Deposits go to your **Funding Account** by default. You can also top up in your local currency through **Bybit P2P**.
>
> **[Open Bybit →]**

| | |
|---|---|
| **Where your deposit lands** | Funding Account by default (you can change it) |
| **Most common reason for a delayed deposit** | A wrong tag/memo |
| **In your local currency** | Through Bybit P2P |

## Method 1: Deposit crypto

### 1. Open Deposit

In the app: **Assets** (bottom of the screen) → **Deposit**. On the website: **Assets** at the top of the page → **Deposit**.

### 2. Choose the coin and the network

Choose the coin (USDT, for example), then the **Chain type (network)**. Bybit warns that depositing a coin that isn't listed, or sending on a network that isn't listed, **can lead to permanent loss**.

### 3. Choose the destination account

Under **Route Deposits To**, you can choose **Funding**, **Unified Trading** or **Earn**. If you're new, leave it on **Funding**, because that's where P2P works from.

### 4. Copy the address and the tag

Copy the address, and if a **Tag/Memo** appears, copy that too. According to Bybit, **a wrong tag is the main reason deposits don't arrive on time**.

### 5. Send from the other side

Use **the same network**, and send a small amount first the first time. [Guide to networks](https://exchangesteps.com/usdt-networks).

## Method 2: Top up in your local currency with P2P

Buy USDT from a seller on **Bybit P2P** and pay them by bank transfer or e-wallet.

**[How to buy USDT on Bybit P2P →](https://exchangesteps.com/how-to-buy-usdt-on-bybit-p2p)**

> 💡 **Where is Bybit P2P strong?** Based on our check on 10 October 2026: Egypt, the UAE, Morocco and Saudi Arabia. Bybit has no P2P market for the Qatari rial, Omani rial, Bahraini dinar, Syrian pound, Libyan dinar or Sudanese pound.

## Frequently asked questions

**Where does my Bybit deposit go?**
To your Funding Account by default. You can choose Unified Trading or Earn instead.

**My deposit hasn't arrived. Why?**
The most common cause is a wrong tag/memo or an unsupported network. Double-check the details, then contact support with your transaction ID.

**Can I top up in my local currency?**
Yes, through Bybit P2P, as long as your currency is supported.

## Next step

**[How to buy USDT on Bybit P2P →](https://exchangesteps.com/how-to-buy-usdt-on-bybit-p2p)**

---

*Last updated: 10 October 2026 · Sources: Bybit Help Center (on-chain deposits and the deposit FAQ).*