How to Withdraw from Bybit

Method 1: Sell USDT for your local currency (P2P)

1. Make sure your USDT is in your Funding Account (local-currency P2P trades come out of it).
2. Go to P2P Trading → Sell, and filter by coin, amount, currency and payment method.
3. Pick an ad, tap Sell USDT and enter the amount.
4. The buyer has a timer to pay you.
5. Once the money has actually arrived in your account, tap Release Now.
6. If it hasn't arrived, choose I have not received the payment in my available balance and tap OK.

Method 2: Withdraw crypto on-chain

1. In the app: Assets → Funding Account → Withdraw.
2. Search for the coin and select it.
3. Choose the network, the address and the amount.
4. Confirm with your email/phone code and Google Authenticator (both are required for addresses that aren't saved in your address book).
5. Withdrawals can take 30 minutes to an hour, and longer when the network is congested.

Internal transfer to another Bybit user

It's free and instant, but it only works between two verified accounts. It's handy for sending money to your family if they have a Bybit account. To send to another exchange, use an on-chain withdrawal instead. Guide to networks.

Frequently asked questions

When should I tap Release Now? Only once the money has actually reached your account.

The buyer says they've paid, but nothing has arrived. What now? Choose "I have not received the payment in my available balance" and don't release the crypto.

How long does a Bybit withdrawal take? Usually 30 minutes to an hour, and longer when the network is congested.

Do I need Google Authenticator to withdraw? Yes, along with your email/phone code, for addresses that aren't saved.

Are internal transfers free? Yes, between two verified Bybit accounts.

Back to the start

Bybit tutorial for beginners →

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Last updated: 10 October 2026 · Sources: Bybit Help Center (selling on P2P — updated 2 September 2026, on-chain withdrawals, internal transfers).