There are three main ways to deposit on Bybit: C2C fiat purchase (buy directly with CNY), on-chain crypto deposit (transfer from other wallets or exchanges), and credit/debit card purchase. For domestic users, C2C fiat purchase is the most common and convenient method, typically arriving within 5 minutes. Users without a Bybit account should first register at Binance and complete identity verification.
How to Deposit via C2C Fiat Purchase?
C2C (Customer to Customer) means buying USDT or other cryptocurrencies through direct trading with certified merchants. Follow these steps:
- Open the Bybit App or website, tap "Buy Crypto" → "C2C Trading"
- Select the purchase currency (USDT recommended) and payment method (Alipay, WeChat, bank card)
- Enter the amount you want to buy (in CNY)
- The system matches a suitable merchant and shows the exchange rate
- After confirming the order, pay according to the on-screen instructions
- After payment, tap "I've Paid" and wait for the merchant to confirm and release coins
Important: You must use a payment account under your own real name, and don't write anything cryptocurrency-related in the transfer notes.
How to Deposit via On-Chain Transfer?
If you already have cryptocurrency in other exchanges or wallets, you can transfer it to Bybit on-chain:
- In Bybit, tap "Assets" → "Deposit"
- Select the coin to deposit (e.g., USDT)
- Choose the deposit network (TRC-20 has the lowest fees, ERC-20 has the best compatibility)
- Copy the displayed deposit address
- Paste the address on the sending platform and initiate the transfer
- Wait for blockchain confirmations before it arrives
Network Selection Guide:
| Network | Fee | Arrival Time | Best For |
|---|---|---|---|
| TRC-20 | ~1 USDT | 1-5 min | Daily small transfers |
| ERC-20 | ~3-15 USDT | 3-10 min | Large transfers |
| BEP-20 | ~0.3 USDT | 1-3 min | BSC chain assets |
| Arbitrum | ~0.1 USDT | 1-3 min | Low-cost option |
Make absolutely sure the sending platform and Bybit are using the same network — otherwise assets may be permanently lost.
How to Buy with Credit Card?
Bybit supports purchasing crypto directly with Visa and Mastercard credit/debit cards:
- Tap "Buy Crypto" → "Quick Buy"
- Select the purchase and payment currencies
- Enter the amount
- Choose credit card payment
- Enter card details and complete payment
Credit card purchase fees are typically around 2%-3.5%, higher than C2C. The advantages are speed and simplicity, making it suitable for small emergency purchases.
It's recommended to download the Binance app — iPhone users can refer to the iOS installation guide — for a smoother C2C trading experience on mobile.
What's the Minimum Deposit Amount?
Minimum deposit amounts for different methods on Bybit:
- C2C purchase: Minimum ~50-100 CNY (depends on merchant settings)
- On-chain deposit: Each coin has different minimums; USDT is typically 1 USDT
- Credit card: Minimum ~$10-20
Deposits below the minimum may not be credited and cannot be refunded — please pay attention.
How Long Does a Deposit Take?
- C2C fiat deposit: Instant after merchant confirmation; typically 5-15 minutes total
- On-chain deposit: Depends on network congestion; TRC-20 typically 1-5 minutes, ERC-20 may take 5-30 minutes
- Credit card: Typically 1-5 minutes after successful payment
If a deposit hasn't arrived beyond the expected time, first check the transaction status on a blockchain explorer. If the transaction shows completed but Bybit hasn't credited it, contact Bybit support.
Security Reminders
Keep these security tips in mind during deposits:
- Verify deposit address: Carefully check the first 6 and last 6 characters of the address each time to prevent address tampering by malware
- Select the correct network: Wrong network selection can result in permanent asset loss
- C2C fraud prevention: Complete all trades within the Bybit platform — don't transfer privately or click external links from merchants
- Test with small amounts: For first-time deposits, send a small test amount to confirm receipt before transferring larger sums
- Save transaction records: Screenshot and save the transaction hash (TxID) for each deposit in case issues arise
Does Bybit Charge Deposit Fees?
Bybit itself doesn't charge deposit fees, but on-chain transfers require blockchain network gas fees. C2C purchase prices already include merchant profit with no additional fees. Credit card purchases have a 2%-3.5% service fee.
Which Account Do Deposits Go To?
C2C purchases go to the "Funding Account" by default. To trade on the spot market, you'll need to transfer funds from "Funding Account" to "Trading Account." Transfers are done on the "Assets" page, instant and free.
Does the Deposit Address Change?
Bybit assigns each user a deposit address that is typically fixed and doesn't change frequently. However, it's recommended to re-verify the address before each deposit in case the platform updates address rules.
What If a Deposit Fails?
If an on-chain deposit shows successful but hasn't arrived in Bybit, the network may not have reached the required number of confirmations. Different networks require different confirmation counts — just wait patiently. If it hasn't arrived after 2 hours, contact Bybit online support with your transaction hash.