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    How to Deposit Fiat Currencies on Bybit
    bybit2024-11-06 16:01:07
    On the AppOn the Website

    Bybit supports the deposit of various fiat currencies and offers multiple payment methods. Before proceeding to make a fiat deposit, please take note of the following: 

     

    1. Certain users may not have access to some currencies or payment methods mentioned in this article due to regulatory issues or maintenance. For the latest information on available currencies and payment methods, please visit the Fiat Deposit page.

     

    Deposit Fiat 01.png 

     

    1. Some fiat payment methods will only be available for withdrawal once you have made an initial fiat deposit to your account and not all fiat supported for deposit will be available for withdrawal. You can find more details about the supported fiat currencies and the requirements for each payment method for withdrawal here.

     

     

    Please find below the list of currently supported fiat currencies for deposits as well as their respective payment methods: 

     

    Supported Fiat Currencies

    Available Payment Methods

    BRL

    • PIX

    RUB

    • Local Bank Card

    EUR

    • Easy Bank Payment

    • SEPA

      • SEPA service is only supported for users in certain EU countries. You may encounter an ‘IP Restricted' message if your country does not support this service.

    • Zen.com

    • iDEAL

    GBP

    • Zen.com

    • FPS (Faster Payments Service)

    USD

    • QuickPay

      • Quickpay is only available to users from El Salvador.

    • SWIFT

    COP

    • Bank Transfer

      • Bank Transfer will be processed through PSE.

    MXN

    • Bank Transfer

      • Bank Transfer will be processed through SPEI.

    PLN

    • Zen.com 

    • SWIFT

    • BLIK

      • BLIK service is only supported for users that are from EEA regions. You may encounter a restriction message if your country does not support this service.

      • There is a special deposit limit for PLN currency via the BLIK payment method which is ≤ 850 per order and ≤ 5k lifetime. If you plan to deposit more than the limit, you will be prompted to provide additional documents for further review. If the review is approved, you will be allowed to deposit up to the standard deposit limit. If your review is rejected, you will be advised to try other payment methods.

    PEN

    • Bank Transfer

    CRC

    • Bank Transfer

      • Bank Transfer will be processed through SINPE.

    ZAR

    • Bank Transfer

      • Bank Transfer will be processed through EFT.

    UYU

    • Bank Transfer

    ARS

    • Bank Transfer

    RON

    • Zen.com

    CHF

    • SWIFT

    HKD

    • SWIFT

    IDR

    • Local Bank Transfer

     

     

     

     

     

     

    Here is a step-by-step guide to depositing fiat currencies on Bybit.

     

     

     

     

    Step 1: Tap on More → Deposit → Fiat in the Bybit App and select the fiat currency you would like to deposit.

     

    Deposit Fiat 02.png 






    Step 2: Please follow the steps below to place your order:

    1. Select the fiat currency

    2. Enter the deposit amount

    3. Select your payment method

    4. Check the T&C box if you agree to the Terms of Service and Privacy Policy

    5. Tap on Continue


    Deposit Fiat 03.png

     

    Note:

    • The fiat deposit fees and processing time for each payment method are visible when selecting the payment method.

    • If you are unsure of the required information and process for a specific payment method, please check the Deposit Instructions under the payment method selected to learn more details.

    • Identity Verification is required for fiat deposits. Please follow this guide to complete the Standard Identity Verification if you haven't done so before continuing with your fiat deposit. 

    • Accounts verified with Business KYC only support fiat deposits in BRL and ARS. For more information about Business KYC, please refer to this guide. 

     

     

     

     

     

    Step 3: Some payment methods will require you to link your Bybit account to your service provider’s account. Carefully check on the required information before tapping on Confirm to proceed.

     

    Deposit Fiat 04.png

     

     

    Please note that each payment method has different deposit processes. You can find more details in this FAQ section.

     

    The deposit details requested will vary depending on the selected payment method. Please find more details below for each currency and payment method. 

     

    Supported Fiat Currencies

    Available Payment Methods

    Required Information

    Important Information

    BRL

    PIX

    - CPF/CNPJ Number

    - PIX Key

    - Additional Tax ID Information (in some cases)

    Your CPF/CNPJ details must match your Identity Verification information.


    Please only deposit funds using an account registered under your tax identification number. Otherwise, the deposit will fail.

    RUB

    Local Bank Card

    - Mobile Number

    - Email Address

    - Last 4 Digits of Your Card

    EUR

    Easy Bank Payment

    - Country of Bank

    - Bank Name

    - Bank Account Number

    - Email Address

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    SEPA

    It's possible that you'll be assigned to different suppliers. 


    - Virtual Account (VA) containing the following details may be required: 

    • First and Last Name

    • Contact Information

    • Date of Birth

    • Billing Address

    SEPA service is only supported for users in certain EU countries. You may encounter an ‘IP Restricted' message if your country does not support this service.


    A virtual account might be necessary to use the SEPA payment method. In certain suppliers, you would be required to fill in the Reference ID when making the payment transfer. 


    Please deposit funds:

    (i) using an account registered under your tax identification number. 

    (ii) ensuring that the Reference ID is inputted (if required by the supplier).


    Otherwise, the deposit will fail.

    Zen.com

    - Zen.com Account (mobile number)

    To use Zen.com, you will need to log in to your Zen.com account. If you do not have one, please create one using the same information as on your Bybit account. 

    iDEAL

    - SATOS Verification (first name, last name and email address)

    Please note that only users from the Netherlands who passed the SATOS verification will be able to use this payment method.

    GBP

    Zen.com

    - Zen.com Account (mobile number)

    To use Zen.com, you will need to log in to your Zen.com account. If you do not have one, please create one using the same information as on your Bybit account. 

    FPS (Faster Payments Service)

    - Country of Bank 

    - Bank Name

    - Bank Account Number

    - Email Address

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    USD

    QuickPay

    - National Identity Document Number

    Quickpay is only available to users from El Salvador.

    SWIFT (non-US Banks only)

    - Name

    - Mobile number/email

    - Date of birth 

    - Billing address

    A virtual account is necessary to use the SWIFT  payment method.

    IDR

    Local Bank Transfer

    - The following details may be required:  


    • First and Last Name

    • Country

    • Bank Account Holder Name

    • Bank Account Number

    • Bank Account Country 

    • Bank Account Name

    You would be required to fill in the Reference ID when making the payment transfer. 


    Please deposit funds: 

    (i) using a bank account registered that matches the information provided in the Identity Verification. 

    (ii) ensuring that the Reference ID is inputted.


    Otherwise, the deposit will fail.

    COP

    Bank Transfer

    - Bank Name

    - National Identity Document Number

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    MXN

    Bank Transfer (SPEI)

    - First, Last and Second Last name

    - RFC or CURP Details

    - Date of Birth

    - Country of Birth

    - Bank CLABE No.

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    PLN

    Zen.com 

    - Zen.com Account (mobile number)

    To use Zen.com, you will need to log in to your Zen.com account. If you do not have one, please create one using the same information as on your Bybit account. 


    If you have any issue with the Zen.com application, please contact the support at hello@zen.com. 

    Easy Bank Payment

    - Country of Bank

    - Bank Name

    - Bank Account Number

    - Email Address

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    SWIFT

    — 

    — 

    BLIK

    - First Name and Last Name

    - Email address

    A BLIK account is required to do the BLIK code verification. 


    Please make the payment transfer within 15 minutes otherwise it will fail. 

    PEN

    Bank Transfer

    - Bank Name

    - National Identity Document Number

    - First and Last Name

    Both individuals and businesses can use bank transfer to deposit PEN. Please ensure to submit your DNI (for individuals) or RUC (for companies) to proceed with the PEN deposit.


    Only the following banks accept payments with a payment code: BCP, BBVA, Scotiabank and Interbank.

    CRC

    Bank Transfer (SINPE)

    - National Identity Document Number

    The following identity documents are acceptable when depositing CRC: National ID, Resident ID, RUC, Institutional ID, Government ID or Diplomatic ID.


    When using the Bank Transfer (SINPE) payment method, a virtual bank account will be created for you to receive the funds on Bybit.

    ZAR

    Bank Transfer (EFT)

    - Email Address

    - Phone Number

    - Country 

    - National Identity Document Number

    The following identity documents are acceptable when depositing ZAR: Card ID or Book ID.


    A virtual account is essential to use the Bank Transfer (EFT) payment method. Due to the service provider’s requirements, you will be requested to complete a separate Proof-Of-Address and selfie verification for the first-time deposit despite you having completed it in Bybit.

    UYU

    Bank Transfer

    - Bank Name

    - National Identity Document Number

    To complete the payment, you will be redirected to your bank’s platform. Please follow their instructions according to the account information provided by Bybit on the fiat deposit page.

    ARS

    Bank Transfer

    - CUIT/CUIL 

    - CBU/CVU

    Your CUIT/CUIL and CBU/CVU details must match the information provided in your Identity Verification/ Business Verification.


    For certain circumstances, you might be requested to upload the proof of your CUIT/CUIL during the binding process.


    Please only deposit funds using an account registered under your tax identification number. Otherwise, your deposit will fail.

    RON

    Zen.com

    - Zen.com Account (mobile number)

    To use Zen.com, you will need to log in to your Zen.com account. If you do not have one, please  create one using the same information as on your Bybit account. 



    If you have any issue with the Zen.com application, please contact the support at hello@zen.com. 

    HKD

    SWIFT

    —

    — 

    CHF

    SWIFT

    —

    —

     

    Notes: 

    • The name used during the payment must match the information provided in the Identity Verification as inconsistent account information may result in unsuccessful deposits, and the refund process may take 7–14 working days, assuming all required information is provided upon request.

    • For certain payment methods, a virtual bank account will be created for you to receive funds on Bybit.






    Step 4: 

     

    a) Online Payment Methods:

    • Follow your bank or service provider’s instructions to transfer assets in accordance with the account information provided by Bybit.

    • Ensure attention to crucial details, including the necessity for information consistency and being mindful of the deposit limit.

    • Please be patient while your bank or service provider processes your order.

     

    Deposit Fiat 05.png



    b) Offline Payment Methods:

    • You will be prompted with a note before making a transaction.

    • Tap on Confirm if you are ready for the payment.

    • Head to your deposit channel to transfer funds using the payment details shown on the page.

    • Only deposit using an account registered under your identity information; otherwise, the deposit will fail. The refund process may take 7–14 working days, assuming all required information is provided upon request.

     

    Deposit Fiat 06.png 






    Step 5: For a successful transaction, you may find your order by tapping the Check Asset button or going to the page icon located on the fiat deposit page.

     

    Deposit Fiat 07.png

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