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    How to Deposit Fiat Currencies on Bybit
    bybit2024-11-07 08:45:10
    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.

     

    Dep Fiat NL 01.png 

     

    1. Bybit, powered by SATOS' users can make a fiat deposit during the bank verification. However, the deposited funds will only be available after your account is verified by SATOS. In the event of a temporary suspension of the fiat deposit channel, you will be directed to complete the advanced questionnaire.

     

     

     

    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

    EUR

    • SEPA

    • iDEAL

     

     

     

     

     

     

    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.

     

    Dep Fiat NL 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

     

    Dep Fiat NL 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 Identity Verification if you haven't done so before continuing with your fiat deposit.

     

     

     

    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

    EUR

    SEPA

    - Virtual Account (VA) containing the following details: 

    • First and Last Name

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


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

    iDEAL

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

     

    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 3: 

    a) Online Payment Methods (iDEAL):

    • 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.




    b) Offline Payment Methods (SEPA):

    • 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.

     

    Dep Fiat NL 04.png






    Step 4: 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.

     

    Dep Fiat NL 05.png   

     

    Important Notes: 

    • Deposits are usually credited to your Funding Account within 3 working days. Real-time orders may undergo further investigation by our Risk Control team. If you have not received your deposit on Bybit after 3 working days, please fill out the Appeal Form to initiate the asset recovery process.

    • The screenshots presented above are for illustrative purposes only and were taken from various currencies and payment methods pages. As such, your fiat deposit pages may vary slightly to include the necessary fields for the selected currency and payment methods.

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