Verifying your account on Bybit is a crucial step toward unlocking the full potential of your trading experience. Whether you're looking to increase withdrawal limits, enhance security, or access advanced trading features, completing Know Your Customer (KYC) verification is essential. This guide walks you through the entire Bybit verification process—step by step—for both web and mobile platforms, while explaining the importance of each level and what to expect along the way.
Understanding Bybit KYC Verification Levels
Bybit offers two primary levels of identity verification: Lv.1 and Lv.2. Each level unlocks progressively higher transaction limits and additional platform benefits.
- Lv.1 Verification: Confirms your identity using a government-issued ID and facial recognition.
- Lv.2 Verification: Requires proof of address and grants higher fiat deposit and crypto withdrawal limits.
Completing both levels ensures maximum access to Bybit’s services while complying with global regulatory standards.
👉 Learn how secure crypto verification boosts your trading power today.
How to Complete Lv.1 Identity Verification on Web
Follow these steps to complete Lv.1 verification via the Bybit web application:
Step 1: Access Account Security
Log in to your Bybit account and click the profile icon in the upper-right corner. Navigate to "Account Security" under your account settings.
Step 2: Start Identity Verification
Under the "Account Info" section, locate "Identity Verification" and click "Verify Now".
Step 3: Begin Lv.1 Process
On the verification page, select "Verify Now" under Lv.1 Identity Verification.
Step 4: Select Document Type
Choose your country or region of issuance and select your identity document type (e.g., passport, driver’s license, national ID). Then click "Next".
Important Notes:
- Ensure your document photo clearly shows your full name and date of birth.
- Avoid blurry, cropped, or edited images.
- All common file formats (JPG, PNG, PDF) are accepted.
Step 5: Facial Recognition
Use your laptop or desktop camera to complete a live facial recognition scan. Make sure you're in a well-lit area and remove any obstructions like hats or glasses.
If you're unable to proceed after multiple attempts, wait 30 minutes before retrying—this may be due to system flags for repeated submissions or document issues.
Step 6: Submit and Confirm
Click "Next" to finalize submission. Once approved (usually within minutes), you'll see a "Verified" badge on your dashboard. Your daily withdrawal limit will now be increased.
How to Complete Lv.1 Verification on Mobile App
The mobile process is streamlined for convenience:
Step 1: Open Profile Menu
Tap the profile icon in the top-left corner of the app, then go to "Identity Verification".
Step 2: Initiate Verification
Tap "Verify Now", then select your nationality and country of residence.
Step 3: Upload ID and Selfie
Submit a clear photo of your ID followed by a real-time selfie for facial matching.
As with the web version, if facial recognition fails repeatedly, wait 30 minutes and try again.
Upon successful review, a green "Verified" icon appears—confirming completion of Lv.1.
Upgrading to Lv.2 Verification
To unlock even higher transaction limits, proceed to Lv.2 verification on either platform.
Required Documents
Bybit accepts only valid Proof of Address (POA) documents, including:
- Utility bills (electricity, water, gas)
- Bank or credit card statements
- Government-issued residential letters
Your POA must be dated within the last three months. Older documents will be rejected.
Submission Process
After uploading your POA, the system will review your information. Once approved, your fiat deposit and crypto withdrawal limits will be significantly increased.
You can view submitted details by clicking the eye icon on the verification page—but you’ll need to enter your Google Authenticator code for security access.
If there’s an error or mismatch, contact Bybit Customer Support immediately for resolution.
👉 Discover how verified accounts gain faster access to premium trading tools.
Special Regional Requirements
Due to local regulations, certain countries have unique verification requirements.
Nigeria
Nigerian users must provide their BVN (Bank Verification Number) during Lv.1 verification.
The BVN is a biometric-based identification system used across Nigerian financial institutions. It helps prevent fraud and confirms identity across banking systems.
Ensure your BVN matches your registered name and ID for smooth processing.
The Netherlands
Dutch residents are required to complete a short regulatory questionnaire provided by Satos during Lv.1 verification.
This helps Bybit comply with Dutch financial authority guidelines and assess user activity appropriately.
How Long Does Bybit KYC Take?
Most verifications are completed within 15 minutes, especially for straightforward Lv.1 cases with clear documents.
However, in some instances—such as high traffic volumes or complex document reviews—the process may take up to 48 hours.
Tips for faster approval:
- Use high-resolution, unedited images
- Ensure all text on documents is legible
- Match your selfie exactly with your ID appearance (no filters)
Why KYC Verification Matters on Bybit
Completing KYC isn’t just about compliance—it enhances your trading experience in several key ways:
1. Enhanced Asset Security
KYC acts as a powerful defense against unauthorized access. By confirming your identity, Bybit ensures that only you can control your account and funds—reducing risks of theft or account takeover.
2. Expanded Trading Permissions
Higher verification levels unlock more features, such as:
- Futures trading
- Margin trading
- P2P transactions
- Staking and yield products
Without verification, many advanced tools remain inaccessible.
3. Increased Transaction Limits
Unverified accounts face strict withdrawal caps. After Lv.1, limits rise significantly; after Lv.2, they expand further—supporting larger portfolios and active traders.
4. Eligibility for Bonuses and Promotions
Bybit often runs exclusive campaigns where KYC-verified users get priority access to rewards, airdrops, referral bonuses, and early feature rollouts.
👉 See how verified traders benefit from exclusive crypto opportunities.
Frequently Asked Questions (FAQ)
Q: Is Bybit KYC safe and secure?
Yes. Bybit uses encrypted systems to protect your personal data. Uploaded documents are stored securely and never shared with third parties without legal obligation.
Q: Can I skip KYC on Bybit?
You can use limited features without verification, but to withdraw more than a small amount or access most trading functions, KYC is mandatory.
Q: What if my document gets rejected?
Common reasons include expired documents, poor image quality, or mismatched information. Re-upload corrected files after reviewing the rejection reason.
Q: Do I need to re-verify periodically?
No—once verified, your status remains active unless suspicious activity occurs or regulatory changes require reconfirmation.
Q: Can I use someone else’s ID for verification?
Absolutely not. Using false or third-party identification violates Bybit’s terms and may lead to permanent account suspension.
Q: Does KYC affect my privacy?
While personal data is collected, it's used solely for compliance and security. Two-factor authentication (2FA) and encryption help safeguard your privacy throughout the process.
Final Thoughts: Secure Your Trading Journey with Verification
Completing Bybit verification is a quick, secure, and highly beneficial process that empowers you to trade confidently and efficiently. From boosting withdrawal limits to unlocking advanced features and promotional rewards, KYC opens doors that unverified accounts simply cannot access.
Whether you're using the web or mobile app, the steps are intuitive and designed with user experience in mind. Just remember to upload clear documents, follow regional requirements, and enable additional security measures like Google Authenticator.
Take control of your crypto journey—verify today and trade with peace of mind.