How to get started with KYC on Bybit and claim $20 USDT in rewards
Get 20 USDT just for verifying your identity! Complete KYC and start trading with your instant bonus.
Follow these steps to unlock 20 USDT in rewards
Bybit users who complete their KYC verification can unlock a 20 USDT reward!
Follow these steps:
- Sign up for a Bybit account or login if you have just registered.
- Complete your identity verification here within 7 days of user registration, as there is only one chance to claim the reward.
After successful KYC completion, head to choose between a 20 USDT spot coupon or a 20 USDT derivatives coupon.
Don’t delay, start your Bybit journey now and claim your 20 USDT reward!
If you're new to trading with Bybit or just getting started with crypto, you've probably come across the term KYC, short for "Know Your Customer." But what exactly is KYC, and why is it necessary?
Key Takeaways:
Completing KYC on Bybit unlocks access to key features like higher withdrawal limits, fiat services, and exclusive promotions.
Bybit offers three KYC levels — Standard, Advanced and Pro — each requiring progressively more documents and unlocking greater benefits.
Business KYC is a separate, more detailed process designed for corporate entities, offering higher limits but with limited access to certain features.
What is KYC?
KYC stands for Know Your Customer, a set of identity verification procedures that financial institutions and crypto exchanges — like Bybit — are legally required to implement. The goal of KYC is to confirm users' identities and assess their risk profiles. This practice enhances platform security in order to reduce risk of fraud or abuse, and ensures compliance with global regulations to prevent criminal activities such as money laundering and terrorist financing.
How to complete Individual Identity Verification on Bybit App
Here are the simple steps to complete identity verification on the Bybit App:
1. Open the Bybit App and log in.
2. Tap your Profile icon and go to Identity Verification.
3. Select your country or region of residence.
4. Choose the verification level: Standard, Advanced, or Pro.
5. Upload the required documents:
a. Standard: Government-issued ID + facial recognition scan
b. Advanced: Proof of Address such as a recent utility bill
c. Pro: Proof of income and additional due diligence forms
6. Submit documents and wait for review. Processing usually takes between 15 minutes and 48 hours.
How to complete Individual Identity Verification on Bybit Web
1. Log in or create a Bybit account.
2. Click your Profile icon in the upper-right corner.
3. From the menu, go to Account → Identity Verification.
4. Click Verify Now under the Identity Verification section.
5. Select your country or region of residence carefully, as it determines the verification process.
6. Choose the verification level you want to complete:
Standard: Proof of Identity (passport, ID card, or driver’s license) + facial recognition
Advanced: Proof of Address (utility bill, bank statement, or government letter issued within 3 months)
Pro: Enhanced Due Diligence (proof of income and additional forms)
7. Upload the required documents and follow the on-screen prompts.
8. Submit your documents and wait for approval. Reviews usually take between 15 minutes and 48 hours.
9. Once approved, your verification status will update to Standard, Advanced, or Pro under the Identity Verification panel.
Benefits of KYC on Bybit
Bybit offers four verification types — Non-KYC, Individual Standard, Individual Advanced/Pro, and Business KYC. Each level unlocks specific services, deposit options and withdrawal limits.
What KYC levels are on Bybit?
Bybit offers three different Individual KYC levels: Standard, Advanced and Pro. The following are the different verification requirements according to each tier.
| Documents Required |
Standard | Identity Assessment and Proof of Identity (POI) |
Advanced | Proof of Address (POA) required after Standard is completed |
Pro | Enhanced Due Diligence (EDD), which entails proof of income and additional questionnaires |
Certain regions may require extra verification steps per local regulations.
In order to gain access to all Bybit products and services, you'll need at least a Standard level of KYC (daily withdrawal limit ≤ 1M USDT). However, an Advanced or Pro level verification will grant you higher withdrawal limits (daily limit ≤ 2M USDT). Only one account per user can be utilized for KYC verification.
For VIP users, after completing KYC verification, you’ll have different withdrawal limits and benefits, depending upon your VIP level, with higher tiers unlocking higher withdrawal limits up to a daily limit of 30M USDT for VIP PRO 6 users and various benefits such as access to special products like Launchpad or Bybit Earn.
How long does KYC take on Bybit?
The KYC process usually takes anywhere from 15 minutes to 48 hours, depending upon the tier and the quality of the documents submitted.
Closing thoughts
Bybit’s Individual Identity Verification is divided into three levels — Standard, Advanced and Pro — each one progressively unlocking more features and higher withdrawal limits. The process begins with submitting your Proof of Identity and facial recognition (Standard), followed by Proof of Address (Advanced) and finally Enhanced Due Diligence for proof of income (Pro).
Completing these verification steps allows you to access Bybit’s full suite of services securely and in compliance with regulations. Remember to select your residence accurately, and submit clear, authentic documents to ensure smooth and timely approval.
Disclaimer:
All forms of investments carry risks, including the risk of losing all of the invested amount. Such activities may not be suitable for everyone.
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