Recently Frequently Asked Questions
Where can I trade Bitcoin at the lowest overall cost?
When you trade Bitcoin, there are various types of costs involved that you need to be aware of. The possibly involved costs to Bitcoin...
BybitWhy I get “Invalid Code" error on 2FA codes when making a withdrawal?
If you get the “Invalid Code” error while trying to withdraw funds from Bybit, that means the code you have entered doesn’t match. It ...
Why I can’t withdraw funds from Bybit’s account? Why is it restricted?
Normally, there could be the following 2 reasons for withdrawal restrictions on Bybit. You have changed the account password You ha...
What is a tag/memo required for withdrawals on Bybit? Can I leave it blank?
Yes, it is ok to leave the tag/memo section blank when withdrawing funds from Bybit. Bybit support withdrawals to a wallet address wit...
Does Bybit support withdrawals to a segwit BTC wallet address?
Yes, Bybit supports withdrawals to segwit BTC wallet addresses starting with "bc1". The bc1 is also known as bech32 addresses. Go ...
Does Bybit support USDT withdrawal via Omni blockchain?
No, Bybit does not support USDT withdrawals via Omni blockchain. Bybit only supports Arbitrium One, SOL, BEP20, ERC20 and TRC20 USDT with...
Does Bybit support Smart Contract ETH withdrawals?
No, unfortunately, Bybit does not support withdrawals to Smart Contract ETH wallet addresses. If you transfer your funds via Smart Co...
What does Bybit’s withdrawal “Pending Review” mean?
If the status of your withdrawal request is shown as “Pending Review”, it means that you have successfully submitted your withdrawal requ...
How to solve Bybit’s "Withdrawal request failed as bonus is currently in use for your active orders and/or positions (Derivatives)" error?
You cannot withdraw funds due to this error message when you are using a bonus as a margin for trading in your derivative account. In ...
Why Bybit’s withdrawal fee is higher than other exchanges?
It is mostly true that the cost of fee charged on withdrawals from Bybit is relatively higher than other exchanges. Bybit does so to e...
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Comment by cryptoloversofxm
February 19, 2025
I just saw that XMTrading now supports cryptocurrency deposits and withdrawals. No fees, instant transactions, and up to $30K per month. Each deposit gets a unique wallet addres...