How to buy Fetch.ai (FET) on Bybit exchange?

Creating a Bybit Account

1. Visit the official Bybit website and click on the 'Sign Up' button located at the top right corner of the homepage.

2. Enter a valid email address and create a strong password. Confirm the terms and conditions before proceeding.

3. Complete the email verification by clicking the link sent to your inbox.

4. Enable two-factor authentication using Google Authenticator or SMS for enhanced security.

5. Proceed to complete identity verification by uploading clear images of your government-issued ID and a selfie holding it.

Funding Your Bybit Wallet

1. Log in to your Bybit account and navigate to the 'Assets' section, then select 'Deposit'.

2. Choose a supported cryptocurrency such as USDT, BTC, or ETH from the list of available assets.

3. Copy the unique deposit address generated for your selected coin and initiate a transfer from your external wallet or another exchange.

4. Wait for network confirmations—USDT on TRON typically requires 20 confirmations while ERC-20 requires 12.

5. Once confirmed, the funds will appear in your Bybit spot wallet balance and are ready for trading.

Locating and Placing a FET Order

1. Go to the 'Trade' tab and select 'Spot' from the dropdown menu at the top of the trading interface.

2. Use the search bar to type “FET” and select the FET/USDT trading pair.

3. Choose between market, limit, or stop-limit order types depending on execution preference and price control needs.

4. Enter the desired quantity of FET or the equivalent USDT value, then review the estimated total and fees.

5. Click “Buy FET” to submit the order; executed trades appear instantly in the “Order History” panel.

Storing FET Securely After Purchase

1. After successful purchase, FET tokens appear under the “Assets” tab in your spot wallet.

2. To enhance safety, withdraw FET to a non-custodial wallet supporting the Fetch.ai token standard—either ERC-20 or BEP-20 depending on network selection during withdrawal.

3. Navigate to “Assets” → “Withdraw”, select FET, and paste your external wallet address carefully.

4. Confirm the network (Ethereum or BSC) matches your receiving wallet’s compatibility to avoid irreversible loss.

5. Enter the amount, double-check all fields, and approve the transaction using your 2FA method.

Frequently Asked Questions

Q: Is FET available for margin or futures trading on Bybit?A: As of current listing, FET is only available for spot trading on Bybit. Margin and futures contracts for FET are not offered.

Q: What is the minimum FET purchase amount on Bybit?A: The minimum order size for FET/USDT is 1.0 FET when placing a market or limit order.

Q: Are there withdrawal fees for FET on Bybit?A: Yes, Bybit charges a fixed withdrawal fee of 0.3 FET per transaction, regardless of network used.

Q: Can I buy FET directly with fiat currency like USD or EUR on Bybit?A: No, Bybit does not support direct fiat-to-FET purchases. Users must first acquire USDT or another stablecoin via P2P or bank transfer, then trade for FET.