can bybit receive usdt

Bybit, a cryptocurrency exchange, supports deposits and withdrawals of USDT (Tether) via the TRC20 and ERC20 networks.

Oct 31, 2024 at 09:45 pm

Can Bybit Receive USDT?

Yes, Bybit supports deposits and withdrawals of USDT (Tether).

How to Deposit USDT to Bybit

1. Log in to your Bybit account and navigate to the "Assets" page.
2. Click on the "Deposit" tab.
3. Select "USDT" from the list of cryptocurrencies.
4. Choose the network you want to use for the deposit (TRC20 or ERC20).
5. Generate a deposit address.
6. Send USDT to the generated address from your external wallet or exchange.

How to Withdraw USDT from Bybit

1. Log in to your Bybit account and navigate to the "Assets" page.
2. Click on the "Withdraw" tab.
3. Select "USDT" from the list of cryptocurrencies.
4. Choose the network you want to use for the withdrawal (TRC20 or ERC20).
5. Enter the amount of USDT you want to withdraw.
6. Enter the recipient's address.
7. Click on the "Withdraw" button.

Important Notes

• Bybit charges a small fee for USDT deposits and withdrawals. The fee varies depending on the network used.

• Bybit supports the following USDT networks:

  • TRC20 (Tron blockchain)
  • ERC20 (Ethereum blockchain)
• Make sure you select the correct network when depositing or withdrawing USDT to avoid losing your funds.
• Bybit has a minimum withdrawal limit of 2 USDT for both TRC20 and ERC20 networks.