What is KYC?
KYC (Know Your Customer) refers to identity verification processes mandated in financial services. It requires institutions to authenticate client identities, assess suitability, and mitigate risks associated with financial activities.
Bybit Products Requiring KYC Verification
All Bybit products and services require standard-level KYC at minimum. Depending on your region or product usage, higher verification tiers (Advanced/Pro) may be necessary.
👉 Learn about KYC level benefits
Withdrawal Limits Post-KYC
Daily withdrawal limits vary by KYC tier and VIP status:
| VIP Tier | No KYC | Standard KYC | Advanced/Pro KYC |
|---|---|---|---|
| Non-VIP | 20K USDT/day | 1M USDT/day | 2M USDT/day |
| VIP 4+ | - | - | 8M+ USDT/day |
Key Notes:
- Limits reset daily at 00:00 UTC
- Monthly limits don't apply to Standard/Advanced KYC users
- All limits are calculated in USD equivalents
How to Complete KYC Verification
Follow Bybit's step-by-step guide for personal KYC. Note:
- Only main accounts can be verified (not sub-accounts)
- Daily attempt limit: 5 verifications
Data Privacy Assurance
Bybit encrypts all personal data strictly for identity verification purposes. Information is never shared externally or used for promotions.
Why KYC Matters
- Regulatory Compliance: Ensures a secure trading environment
- Fraud Prevention: Detects suspicious activity early
- Enhanced Features: Unlocks fiat services and higher withdrawal limits
- Exclusive Access: Eligibility for Launchpads and promotions
- Account Recovery: Simplifies credential recovery processes
Verification Requirements
| Tier | Documents Required |
|---|---|
| Standard | ID Proof (POI) |
| Advanced | POI + Address Proof (POA) |
| Pro | Enhanced Due Diligence |
Processing Time & Troubleshooting
- Standard processing: 15 minutes to 48 hours
- If delayed: Contact support via official channels
Failed attempts: Ensure:
- Original documents (no screenshots)
- Proper lighting for facial recognition
- Valid, unexpired documents
KYC Modifications
Users can update KYC info if:
- Account is actively verified
- No pending transfers/updates
- No changes in last 180 days
Accepted Documents
ID Proofs:
- Passport, national ID, driver's license
- Must show: Photo, full name, DOB, issue/expiry dates
Address Proofs (≤3 months old):
- Utility bills
- Bank statements
- Tax documents
- Government-issued residency proof
FAQ Section
Q: Can I use multiple KYC-verified accounts?
A: No. Bybit enforces a strict 1-account policy per user.
Q: Are e-copies of IDs accepted?
A: No. Only physical documents or certified copies.
Q: What causes verification failures?
A: Common issues include document expiry, poor image quality, or existing ID associations with other accounts.
Q: How are country restrictions applied?
A: Based on nationality, not current residence, for regulatory compliance.
Q: Can I change my name between KYC tiers?
A: No. All verifications must use consistent naming.
For further assistance, visit Bybit's official support portal. Remember: Completing KYC enhances both security and platform functionality for all users.