Does Bybit Require KYC?

Yes, Bybit requires full KYC verification. Without identity verification, you can not use Bybit services. If you want to trade, deposit, and withdraw on Bybit, you must verify your identity by providing personal information. Mandatory KYC was introduced on Bybit in the summer of 2023.

Bybit KYC Requirements

In order to verify your identity on Bybit, you must submit personal information, including government-issued documents and proof of residence. Higher KYC levels ensure higher withdrawal limits.

There are two KYC levels on Bybit.

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Level 1 KYC

The requirements for the first KYC level are the following details:

Personal information
Government-issued ID
Facial recognition (Liveness Check)

Level 2 KYC

The requirements for the second KYC level are as follows:

Proof of address

For proof of address, you may use a utility bill, tax bill, phone line bill, or bank statement no older than three months.

Bybit Withdrawal Limits

The daily withdrawal limits on Bybit vary based on your identification level. Higher identification levels result in higher withdrawal limits.

Refer to the table below for further information. The crypto limits apply for a 24-hour duration, while fiat limits apply for a monthly duration.

KYC Level	Crypto Withdrawal Limit	Fiat Withdrawal Limit
Unverified	$0	$0
KYC 1	$1,000,000	$5,000
KYC 2	$2,000,000	$100,000

Check out this Bybit article for further information about fiat withdrawal limits.

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