How to Delete Bybit Account Permanently? (Account Closure)

Understanding Bybit Account Closure

1. Permanent account deletion on Bybit is irreversible and distinct from temporary suspension or login deactivation.

2. Users must complete all open positions, withdraw remaining assets, and settle any outstanding margin or futures obligations before initiating closure.

3. Bybit requires identity verification to be completed prior to submission of a closure request—unverified accounts cannot be deleted.

4. The platform does not allow closure if there are active API keys linked to the account, pending withdrawals, or unresolved support tickets.

5. Once confirmed, the deletion process removes all personal data stored in Bybit’s primary operational databases, subject to regional data retention laws.

Step-by-Step Closure Procedure

1. Log into your Bybit account via web or official mobile app using two-factor authentication credentials.

2. Navigate to Account Settings → Security → Account Closure—this option appears only after full KYC completion and zero balance verification.

3. Confirm you have withdrawn all funds including spot balances, USDT perpetual wallet balances, and any staked assets from Earn or Launchpool products.

4. Enter your registered email address and password again, then click “Submit Closure Request” — a 72-hour cooling-off period begins immediately.

5. During this window, users may cancel the request by logging in and selecting “Withdraw Closure Request”; no further action triggers automatic finalization.

Data Retention and Compliance Requirements

1. Bybit retains certain transaction logs, IP metadata, and KYC documents for up to 5 years as mandated by Singapore’s MAS guidelines and global AML frameworks.

2. Email addresses associated with closed accounts are blacklisted from re-registration for 180 days to prevent circumvention of risk controls.

3. Trade history and order records remain accessible to regulatory authorities even after account termination under Section 19 of the Payment Services Act.

4. Internal audit trails documenting login timestamps, device fingerprints, and withdrawal confirmations are preserved beyond user-facing deletion timelines.

Reactivation Limitations After Closure

1. No mechanism exists to restore a permanently closed Bybit account—re-registration requires a new email, phone number, and fresh KYC submission.

2. Previously used identification documents may trigger enhanced due diligence if reused within 365 days across multiple accounts.

3. API key revocation occurs automatically during closure; any third-party service still holding those keys will lose access upon backend synchronization.

4. Referral bonuses, VIP tier status, and trading fee discounts tied to the original account are forfeited without transferability.

Frequently Asked Questions

Q: Can I delete my Bybit account while holding a negative PnL position in inverse perpetual contracts?A: No. All positions must be closed manually or liquidated before the system permits closure initiation. Negative equity triggers mandatory margin calls that must resolve first.

Q: Does deleting my account remove my activity from blockchain explorers?A: No. On-chain transactions initiated through Bybit—such as deposits or withdrawals—are immutable and permanently visible on respective blockchains regardless of account status.

Q: What happens to my Bybit NFT wallet if I close my main account?A: NFT holdings stored in the integrated Web3 wallet remain accessible via private key import into external wallets like MetaMask; the closure does not erase blockchain-stored asset ownership.

Q: Will Bybit send confirmation emails after successful deletion?A: Yes. A final notification titled “Your Bybit Account Has Been Permanently Closed” is sent to the verified email address, including closure timestamp and reference ID for compliance tracking.