Depositing to Bybit Exchange

The cryptocurrency exchange Bybit offers several ways to top up your balance: bank cards, P2P trading, exchangers, and cryptocurrency transfers. Let’s look at each of the options so that you can choose the most convenient and secure one.

The account has been replenished, but the funds are not displayed in Veles?

After receiving the cryptocurrency on the exchange, the funds are credited to the Funding Account in the Assets section. To use them in trading and launch Veles bots, you need to transfer funds to a Unified Trading Account.

1. After logging into your account, open the “Assets → Transfer”.

2. Specify the source and target of the transfer, for example, from Funding Account to Unified Trading Account.

3. Select a cryptocurrency (for example, USDT or USDC) and specify the amount to transfer.

💡 Check out the collection of trading bots: https://veles.finance/en/trading-bot-for-bybit

P2P trading (Peer-to-Peer)

The P2P platform on Bybit allows you to make trades directly with other users. The exchange acts as a guarantor of security between the seller and the buyer.

1. Log in to your personal account and go to “My Assets → Buy crypto”.

   

   

2. Use filters to select the seller, specifying:

   • the payment method (Raiffeisen, Sberbank, Tinkoff, etc.);
   • the amount to trade;
   • sellers with a high reputation (✅, more than 1000 transactions in 30 days, positive reviews).

3. Make a deal and transfer the payment to the seller.

4. After confirming the payment, the cryptocurrency will be credited to your Funding Account.

5. Transfer funds from the Funding account to Unified Trading Account.

6. If the trade was successful, leave a positive feedback to the seller.

7. If the seller has not fulfilled the conditions, file an appeal.

Advantages of P2P:

• No fees from Bybit.
• Commissions from third-party payment services are possible.

Using exchanger (BestChange)

If you want to top up your account with a bank card or a wallet, you can use exchangers (for example, BestChange).

1. Choose a seller with a favorable exchange rate and good reviews.

   

2. Select the network (for example, TRC-20) and the cryptocurrency you want to fund to your account.

3. Specify your Bybit wallet address.

4. Transfer the funds to the seller and wait for the receipt of the cryptocurrency.

To find out the wallet address:

1. Go to “My Assets → Deposit”.

   

2. Select a coin (for example, USDT or USDC) and the desired network.

   

3. Copy the address and paste it to the order form.

4. Make sure that the coin and the network match completely (for example, TRC20 or BEP20).

The funds arrive within a few minutes or hours, depending on the network usage. If you have any problems, please contact the exchanger’s support.

Replenishment via bank cards

If your card is not issued by a Russian bank, you can purchase cryptocurrency directly from the card.

1. Log in to your Bybit account.

2. Open the section “Buying cryptocurrencies”.

3. Select “Pay by bank card” and specify the amount.

4. Follow the instructions to complete the operation.

Important to know!

• KYC verification is required for card purchases.
• The commission and the available currencies depend on the region and the provider.
• Some cards may not be supported depending on the country.

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Bybit provides a wide range of deposit methods so that each user can choose a convenient and profitable option. Before making a transfer, be sure to check the fees, limits, and verification status to avoid delays and errors.

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Frequently Asked Questions (FAQ)

1. Is verification required for account replenishment?

Verification is not required to deposit cryptocurrencies, but KYC may be mandatory for trades with fiat.

2. What is the commission when depositing money from a card?

The commission depends on the chosen provider and is displayed before the trade is confirmed.

3. Are there limits on deposits?

Yes, the limits depend on the verification level and the deposit method. Check the current values on the Bybit website.

4. How long does it take for funds to be credited?

Cryptocurrency deposits are credited after all confirmations and checks within the blockchain, and fiat transfers can take from a few minutes to a day.

5. Is it safe to fund Bybit?

Yes, the exchange has implemented advanced technologies to protect users’ funds. Activate Two-Factor Authentication, financial password, and regularly check active sessions in the security section.