can bybit do kyc

Bybit mandates KYC verification for users exceeding preset trading or withdrawal limits to comply with anti-money laundering and terrorism financing regulations.

Oct 29, 2024 at 12:07 pm

Can Bybit Do KYC?1. What is KYC?

KYC stands for "Know Your Customer." It is a process where businesses verify the identity of their customers to prevent money laundering, terrorism financing, and other financial crimes.

2. Does Bybit Do KYC?

Yes, Bybit requires KYC for all users who trade over certain limits or withdraw more than a certain amount of funds.

3. KYC Requirements

Bybit requires the following documents for KYC:

Government-issued ID (Passport, Driver's License, etc.)
Proof of Address (Utility Bill, Bank Statement, etc.)
Selfie with ID in hand

4. How to Submit Your KYC

To submit your KYC documents, follow these steps:

Log in to your Bybit account.
Click on the "KYC Verification" tab.
Upload your required documents.
Complete the verification process.

5. KYC Processing Time

Bybit typically processes KYC documents within 24 hours. However, it may take longer during peak times.

6. Benefits of KYC

Verifying your KYC with Bybit has several benefits, including:

Increased withdrawal limits
Faster withdrawals
Improved account security
Compliance with regulatory requirements

7. KYC Exemptions

Bybit may exempt certain users from KYC requirements, such as:

Users who only trade small amounts of cryptocurrencies
Non-US citizens who do not reside in the US

Note: Bybit may change its KYC requirements at any time, so it is important to check the latest policies on their website.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

RAIN

$0.007852

113.00%

Trade Now
PIPPIN

$0.06097

51.96%

Trade Now
PARTI

$0.1396

42.04%

Trade Now
WAVES

$0.9141

41.69%

Trade Now
ARC

$0.04302

35.73%

Trade Now
HONEY

$0.01029

21.80%

Trade Now

Latest Crypto News

Bithumb's Bitcoin Bonanza: An Accidental Windfall Triggers Localized Market Dump
2026-02-07 10:10:01
Big Apple Bites: While Ethereum Grapples, DeepSnitch AI Whispers of a 1000x Run
2026-02-07 06:30:02
Token cat appointments furong tian to lead audit Amdst Strategic Reshffle
2026-02-07 06:40:01
Coinbase Expands Roadmap, Navigating Cryptocurrency's Evolving Landscape
2026-02-07 10:05:02
Bitcoin Price Surge Amidst Record Bitfinex Longs and Margin Buying Frenzy
2026-02-07 09:55:01
Shiba Inu Price Eyes Historic Floor: Analysts Weigh In on SHIB's Current Price and Future Potential
2026-02-07 10:00:02

Related knowledge

How to contact Bybit customer support for urgent help?

Feb 05,2026 at 11:40pm

Accessing Bybit Support via Live Chat1. Log in to your Bybit account using the official website or mobile application. 2. Navigate to the Help Center ...

How to use Bybit Dual Asset investment for high yield?

Feb 06,2026 at 12:20am

Understanding Bybit Dual Asset Investment Mechanics1. Dual Asset Investment is a structured product offered by Bybit that combines a stablecoin deposi...

How to buy Aptos (APT) on Bybit today?

Feb 06,2026 at 07:40am

Creating a Bybit Account1. Navigate to the official Bybit website and click the “Sign Up” button located at the top right corner of the homepage. Ente...

How to use Bybit Shark Fin for principal-protected returns?

Feb 06,2026 at 03:40pm

Understanding Shark Fin Structure1. Shark Fin products on Bybit are structured derivatives designed to offer capital protection while enabling exposur...

How to buy Worldcoin (WLD) on Bybit exchange?

Feb 05,2026 at 04:39pm

Account Registration and Verification1. Navigate to the official Bybit website and click the 'Sign Up' button located in the top-right corner. 2. Ente...

How to buy Render (RNDR) on Bybit exchange?

Feb 05,2026 at 01:39pm

Creating and Verifying Your Bybit Account1. Visit the official Bybit website and click the “Sign Up” button located at the top right corner of the hom...