How to verify on Bybit

How to pass verification on the Bybit exchange

To get the Basic status, you need to confirm your e-mail address. When registering, the exchange asks for an e-mail to which an e-mail with a link will be sent. After going to the address from the message, the profile will be considered verified.

To get the next level, users need to confirm their personal data in several steps:

1. Go to the “Account and Security” section.
2. Click on the “Pass” button in the verification window.
3. Select the section of the table labeled Lvl 1.
4. Click on the “Pass” button.
5. Specify your country, region and identity document. Click on the “Next” icon.

6. Pass the face recognition using the camera.
7. Confirm the operation by clicking on the “Next” button.

If everything is done correctly, a green check mark with the caption “Verification passed” will appear in the table. After that, all the features of the selected level will be available to the trader.

To increase the limit and get an extended package of tools of the platform, you need to pass verification on Baybit Lvl 2. The highest status requires confirmation of the address of residence. You can do this in the following way:

1. Click on the “Pass” button in the section of the table with the title Lvl 2.
2. Check the box “I agree to the processing of personal data”.
3. Send scanned copies of documents confirming the place of residence. Utility bills, registration certificates or bank statements are accepted.

It is important to pay attention to the dates of issuance of papers. Documents are valid for three months from the date of receipt.

After successful confirmation, the highest status with increased limits and additional products is available to the user. The higher the degree of identification, the more opportunities the exchange provides.

Document verification time

On average, verification lasts about 15 minutes. In some cases, the process can take up to 48 hours. If the exchange does not allow KYC verification on Bybit, users can contact tech support. An automated message will come to the mail, and specialists will contact the sender to solve the problem.

Verification on Bybit for corporate clients

The platform works not only with individuals. For corporate clients is presented its own procedure with special conditions:

• Daily withdrawal limit up to 4 million USDT.
• The possibility of cryptocurrency and fiat deposits.
• All Bybit Earn products.
• Trading tools except P2P, Bybit Launchpool, ByStarter and ByVotes (spot).

To pass Bybit verification for corporate clients, you need to send documents through the exchange’s secure service.

How to get a bonus for passing KYC

Bybit rewards users for verification. The exchange provides a bonus of up to 20 USDT on Lvl 1 verification. To get the payout, you need to go to the “My Rewards” section. The exchange additionally gives USDT for depositing and completing daily tasks.

Features of passing verification in the application

Confirmation of data through the software is practically no different from the procedure in the browser. Users need to download an application for the iOS or Android operating system. You can do this in the internal store or on the company’s website.

The algorithm of actions is the same as in the browser version. Only the names and location of buttons may differ. Additionally, the exchange gives another bonus in the form of USDT for logging in via the application.

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