How to buy Ethereum (ETH) on Bybit with zero fees?

Understanding Fee Structures on Bybit

1. Bybit does not offer zero-fee ETH purchases across all deposit and trading methods. The platform applies variable fee schedules depending on the funding channel, order type, and user tier.

2. Spot trading fees for ETH/USDT pairs start at 0.1% for takers and 0.02% for makers under the standard VIP level, with reductions available only after meeting specific 30-day trading volume thresholds.

3. Deposit fees for ETH via Ethereum mainnet are borne by the sender — Bybit does not charge inbound ETH deposits, but network gas costs remain unavoidable and fluctuate based on congestion.

4. Instant Buy functionality incurs a fixed spread markup instead of a transparent fee; this spread is not zero and widens during periods of high volatility or low liquidity.

5. Users sometimes confuse “no commission” with “zero cost.” Even if Bybit waives its own service fee, third-party costs — such as blockchain transaction fees or credit card processing charges — still apply.

Deposit Methods and Associated Costs

1. Depositing ETH directly from an external wallet to a Bybit ETH address incurs no Bybit-imposed fee, yet requires payment of Ethereum network gas in ETH, typically ranging from 0.002 to 0.015 ETH depending on current demand.

2. Bank transfers and SEPA deposits carry no Bybit fee when used to fund USDT balances, but intermediary banks may deduct handling charges — these are outside Bybit’s control and not reflected in the interface.

3. Credit/debit card purchases of USDT or ETH trigger a 1.5%–3.5% processing fee imposed by the card network and payment gateway, not Bybit itself — this cannot be bypassed through platform settings.

4. P2P trading allows users to buy USDT from other individuals using local payment methods; while Bybit does not charge a fee for P2P matching, counterparties may build premiums into their exchange rates, effectively raising acquisition cost.

5. Withdrawals of ETH from Bybit require a fixed network fee — currently 0.007 ETH — which is deducted automatically and cannot be waived regardless of VIP status or trade history.

VIP Tiers and Fee Discount Mechanics

1. Bybit’s VIP program grants reduced spot trading fees based on cumulative 30-day trading volume and total equity held in USDT. Tier 1 begins at $100,000 volume and lowers taker fees to 0.08%, not zero.

2. Higher tiers demand exponentially greater volume commitments: VIP 5 requires $50M in 30-day volume and offers 0.02% taker fees — still a non-zero rate applied per executed order.

3. Fee discounts apply exclusively to futures and spot trading activity, not to deposit, withdrawal, or Instant Buy functions. No VIP level eliminates gas expenses or card processing surcharges.

4. Users must maintain required asset balances and trade volumes continuously; failure to meet thresholds resets the tier, reverting fees to standard levels without notification.

5. Referral bonuses and token staking rewards do not offset or eliminate trading fees — they generate separate income streams denominated in BYB or other tokens, with independent vesting and redemption rules.

Common Misconceptions About “Zero Fees”

1. Some promotional campaigns advertise “zero trading fees” for limited durations, but these almost always exclude maker/taker distinctions, apply only to select pairs, and require opt-in via campaign codes that expire within hours or days.

2. “Fee-free staking” refers to absence of penalties for locking ETH in Bybit Earn products — it does not mean acquiring the ETH itself was free, nor does it waive withdrawal or performance fees upon redemption.

3. API-based trading does not grant automatic fee waivers; institutional clients must negotiate custom agreements separately, and even then, network-level costs remain unchanged.

4. Using Bybit Wallet (non-custodial) avoids custody-related fees, but transferring ETH into that wallet from an exchange still demands gas — the wallet itself does not subsidize or absorb those payments.

5. Community giveaways or airdrops may distribute small ETH amounts without direct cost, but eligibility depends on historical activity, KYC completion, and random selection — not on purchase behavior or fee structure manipulation.

Frequently Asked Questions

Q: Does Bybit ever refund Ethereum network gas fees?Bybit never refunds Ethereum mainnet gas fees. These are paid to miners and governed entirely by the Ethereum protocol — Bybit has no mechanism to reimburse them.

Q: Can I avoid fees by converting BTC to ETH directly on Bybit?No. Cross-margin or isolated margin conversions between BTC and ETH involve underlying spot trades subject to standard taker/maker fees and potential slippage — no conversion path bypasses fee application.

Q: Are there hidden fees when using Bybit’s ETH auto-invest feature?Yes. Auto-invest executes recurring market orders, each subject to live taker fees. There is no discount or waiver applied to scheduled buys, and slippage during volatile periods may increase effective execution cost.

Q: Do ETH staking rewards on Bybit offset trading fees?No. Staking rewards accrue separately in ETH and are not credited against trading fees. Fees are debited at order execution time; rewards settle independently after staking epochs complete.