How to Open a Bybit Account: Step-by-Step Guide
Opening a Bybit account takes four steps: sign up, verify your identity, secure the account, then fund it. This guide walks through each one and what to expect.
Step 1 — Create the Account
Open Bybit using the link above so our referral code is applied automatically. Sign up with an email address or phone number and set a password. Check the sign-up screen before submitting: it should show a referral code pre-filled, confirming coinport's link was recognized.
Step 2 — Verify Your Identity (KYC)
Bybit requires identity verification before you can trade past minimal limits or withdraw funds. You'll need government-issued ID plus a live selfie. Most submissions are reviewed in a few minutes to a few hours.
| What you'll need | Why |
|---|---|
| Government-issued photo ID | Confirms your identity matches your account |
| Live selfie or short video | Confirms the ID belongs to you, not a stolen document |
| Email or phone access | Required for account recovery and security alerts |
Step 3 — Secure the Account
Before depositing funds, turn on two-factor authentication (2FA) using an authenticator app rather than SMS where possible — SMS can be intercepted via SIM-swap attacks. Set a withdrawal password if Bybit offers one, and save your account recovery codes somewhere offline.
Step 4 — Fund the Account
Bybit supports card purchases, bank transfer, and P2P trading for funding a new account. Start with a small test amount on your first deposit to confirm everything works before moving larger sums.
Frequently Asked Questions
Do I need to complete KYC to use Bybit?
Yes, to trade and withdraw beyond minimal limits you'll need to verify your identity with government-issued ID plus a live selfie. Verification usually takes a few minutes to a few hours.
Does opening an account through coinport's link cost extra?
No. coinport earns a commission from Bybit when you sign up through our link, at no extra cost to you. Read our full disclosure.
How do I confirm the referral code applied correctly?
After clicking our link, check the sign-up screen before submitting — it should show a referral or invite code pre-filled. If it's missing, use our link again rather than searching for Bybit directly.