How to withdraw or transfer crypto on Bybit EU
AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
Looking to withdraw some of the profit you've earned from trading on Bybit EU? There are two ways to approach this, depending upon whether you're making an on-chain transfer to another exchange or wallet, or an internal transfer.
Key Takeaways:
Bybit EU offers two withdrawal methods: On-chain withdrawals for external transfers, and internal transfers for moving funds within the ecosystem without blockchain fees.
Most withdrawals are processed immediately, with on-chain transfers taking up to 15 minutes under normal network conditions; however, high congestion may cause delays.
Withdrawal limits are determined by your KYC verification level, and reset daily at 00:00 UTC. VIP users automatically receive enhanced limits.
Types of withdrawals/transfers on Bybit EU
There are two main ways to move your cryptocurrency on Bybit EU: