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Buying cryptocurrency can feel intimidating to beginners, but Bybit Lite, the simplified interface of Bybit App’s mobile application, makes it extremely easy via the One-Click Buy function. One-Click Buy offers a wide variety of payment methods — including bank cards, Google Pay, Apple Pay and numerous third-party providers — and is among the most convenient and flexible methods to fund your trading account on Bybit. It’s also highly secure, quick and designed to be as beginner-friendly as possible.
Key Takeaways:
Bybit Lite offers several ways to easily buy crypto, including debit or credit card, Apple Pay/Google Pay and various third-party providers.
Depending upon the payment method, you’ll have your funds in your account anywhere from a few seconds to 48 hours after purchasing them.
Before using One-Click Buy, you need to download and install the Bybit App mobile application. You can download the app from the Bybit website, App Store or Google Play. After installing the app, register for your Bybit account and verify your identity. After you complete your identity verification, you can gain access to all of the products and services on Bybit and unlock rewards, such as a 20 USDT sign-up bonus. Identity Verification also ensures your account is better protected against unauthorized access.
Once you’ve opened an account and verified your identity, open the Bybit App on your mobile device and choose the Lite mode by tapping on Lite at the top of the screen. This is one of the two modes available in the App, along with the more advanced Pro mode, and is specifically designed to be beginner-friendly.
New users can buy crypto via the Lite interface in several ways. One way is simply to click on the Buy crypto button, which is prominently displayed on the home screen.
You can also tap on Assets → Deposit. Then, under the Buy Crypto with Fiat section, select your preferred payment currency (for example, USD) and tap on Buy with <currency_name>.
A third way to buy crypto is to tap on your user icon at the top left, then All Services → Buy Crypto.
After accessing the payment screen via any of the above methods, set your payment fiat currency, the amount you wish to buy and the payment method in order to proceed.
The fastest and most common way for beginners to buy crypto is via debit or credit card. This payment method is secure, with all of the necessary protections applicable to card payments.
To use debit/credit card payment, access your payment screen (as described in the previous step/section), enter the amount you wish to purchase, and choose Bank Card under Pay with.
An Add Card button will appear. Click on the button to proceed to the next screen.
In the Card Details screen, enter your email, name, card number, expiration date, CVV code and billing address. Click on Confirm to register and use the card for your purchase.
You may also use Apple Pay and Google Pay to buy crypto on Bybit. This option is highly convenient for mobile-first users. To use this option, go to your payment screen (as described in the previous step/section), enter the amount you wish to purchase, and choose Apple Pay or Google Pay under Pay with. An Apple Pay or Google Pay icon will appear underneath. Click on this icon to proceed.
A screen showing the details of your order and the respective payment processor will appear. Click on the Confirm button.
You may be asked to add a card linked to your Apple Pay/Google Pay account. Choose the card, and fill in the Billing Address details. Click on Confirm to complete your order.
You can also use a variety of third-party payment providers to complete your crypto purchase on Bybit. Depending upon your country, these will include various local and regional banks, as well as payment processing providers servicing your location (e.g., Banxa, MoonPay or Mercuryo).
This payment option is useful for currencies not directly supported by the bank card or Apple Pay/Google Pay methods. You’ll be redirected to the respective trusted third-party providers, who have been vetted to ensure the security of your payments, in order to complete your purchase..
To use this method, go to your payment screen (as described in the previous step/section), enter the amount you wish to purchase, and under Pay with, choose the respective provider by tapping on Third Party Channel (for Banxa, MoonPay and Mercuryo). After that, tap on Select Service Provider.
You’ll see a screen with the three third-party service providers: Banxa, MoonPay and Mercuryo. Choose your preferred provider, and tap on Buy.
In the next screen, you’ll be advised that your order processing will be redirected to your selected provider. Tap on Confirm to be transferred to the provider’s website, where you can finalize your purchase
After completing the procedures above, always double-check your order details before the final confirmation. Depending upon the method you choose, it takes anywhere from a few seconds to 48 hours for your funds to be credited to your account. Once credited, the assets will appear in your Funding Account. You can then easily and instantly transfer them to your Unified Trading Account (UTA).
Regardless of your payment method, Bybit Lite makes it easy to buy crypto in just a few clicks. Importantly, all of the payment interfaces on Bybit Lite are designed to be easy to use, helping you start your crypto trading journey as seamlessly as possible.
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