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Bybit supports AED deposits and withdrawals through local UAE bank transfers, allowing eligible users to move funds between their bank account and Bybit in a simple and secure way. This service is available through Bybit’s partnership with Bank, which handles local fiat settlement in the UAE.
This guide is designed for users who want to deposit AED into their Bybit account or withdraw AED back to a UAE bank account. It covers the full process on both the Bybit website and the Bybit App, with clear, step-by-step instructions.
You’ll also learn what to expect in terms of processing time, fees, eligibility and the key checks to complete before starting a transfer, helping you avoid delays or failed transactions.
Key Takeaways:
Deposit and withdraw AED on Bybit using local UAE bank transfers linked to your verified account
Available on both the Bybit website and the Bybit App for eligible users.
Transfers are usually processed in real time, though some cases may take up to five business days
Always include the correct reference code when making a transfer in order to avoid delays or rejection
AED deposits and withdrawals are available to eligible users who have completed Identity Verification on Bybit. You must use a personal UAE bank account that is registered under the same name as your verified Bybit account.
The bank account name must exactly match your identity details on Bybit. Transfers from third-party bank accounts are not supported, and may be rejected. Before starting a deposit or withdrawal, review your account information carefully to help avoid delays or failed transfers.
Log in to your Bybit account on the website. From the homepage, click on Deposit Now, or go to Buy Crypto in the top navigation bar and select Fiat Deposit. This opens the Fiat Deposit page, from which you can choose your currency and payment method.
Make sure Fiat Deposit is selected, then choose AED as the currency. Enter the amount you want to deposit. The minimum deposit amount is 100 AED.
After entering the amount, you’ll see a breakdown showing the deposit fee and the amount you’ll receive. Review these details carefully before continuing.
Step 3: Choose Local bank transfer
Select Local bank transfer as your payment method. This option supports domestic AED transfers from UAE banks, and allows faster processing than international transfers.
Confirm the payment method in order to proceed.
Bybit will display the bank details, including the beneficiary name, bank name and IBAN. Use your UAE banking app or online banking platform to complete a local transfer.
Enter the reference code exactly as shown in the transfer notes or remarks. This code is required to credit your deposit correctly. Avoid using third-party bank accounts or changing the reference code, as this may cause delays or rejection. Deposits are usually processed in real time, but in some cases may take up to five business days.
Deposit AED using the Bybit App
Step 1: Go to Deposit
Open the Bybit App and tap on Assets, then select Deposit. Choose AED as the deposit currency.
Step 2: Select Local bank transfer
On the payment method screen, select Local bank transfer. If prompted, complete any required verification before continuing.
Step 3: Enter the deposit amount
Enter the AED amount you want to deposit. The App will show the deposit fee and final amount before you continue.
Step 4: Complete the bank transfer
The App will display the bank details and reference code. Make the transfer from your UAE bank account, and include the reference code exactly as shown. Deposits are typically processed quickly, but may take up to five business days, depending upon your bank.
Withdraw AED on the Bybit website
Step 1: Go to Withdraw
Log in to your Bybit account on the website. From the top navigation bar, go to Assets and select Withdraw. This opens the withdrawal page, where you can choose between crypto and fiat withdrawals.
Step 2: Select AED as the currency
Choose AED as the withdrawal currency. Make sure you’re withdrawing from the correct account, and check your available balance before continuing. If needed, transfer funds between accounts to ensure sufficient balance.
Step 3: Choose Local bank transfer
Select Local bank transfer as your withdrawal method. AED withdrawals are sent to a UAE bank account under your own name. The bank account name must match your verified Bybit identity in order to avoid rejection or delays.
Step 4: Confirm with 2FA
Enter the withdrawal amount, review the fee and receive amount, then complete the required security checks. This includes Google Authenticator and an email verification code.
Withdrawals are usually processed in real time. In some cases, processing may take up to five business days, depending upon your bank.
Step 1: Go to Withdraw
Open the Bybit App and tap on Assets, then select Withdraw. Choose Fiat Withdrawal to continue.
Step 2: Select AED
Select AED as the withdrawal currency, and review your available balance before proceeding.
Step 3: Choose Local bank transfer
Choose Local bank transfer as the withdrawal method. The bank account must be registered under the same name as your Bybit account.
Step 4: Confirm with 2FA
Confirm the withdrawal by completing the required security checks. Processing times are typically fast, but may take up to five business days in some cases.
Fees, limits and processing times
AED deposits and withdrawals on Bybit use local UAE bank transfers, with fixed fees and clear limits.
Deposit fee: Zero
Withdrawal fee: 25 AED is charged for each AED withdrawal to a UAE bank account
Minimum deposit: 100 AED per transaction
Minimum withdrawal: 100 AED per transaction
Processing times depend upon your bank and transfer amount. Deposits and withdrawals are usually processed in real time. In some cases, transfers may take longer, especially during bank maintenance, weekends or public holidays.
If a transfer requires additional review or correction, processing may take up to five business days. Always review your transfer details carefully in order to avoid delays.
1) How can I deposit AED on Bybit? You can deposit AED using a local UAE bank transfer. Select AED as your deposit currency on Bybit, follow the on-screen instructions and complete the transfer from your UAE bank account using the provided details.
2) Do I need to open an account with a specific bank? No. You can deposit and withdraw AED using any personal UAE bank account, as long as the account is registered under the same name as your verified Bybit account.
3) Are there any fees for AED deposits and withdrawals? Yes. Bybit charges a fixed fee for each transaction, as follows:
Deposit fee: 0 AED
Withdrawal fee: 25 AED
4) Is there a minimum deposit or withdrawal amount? Yes. The minimum amount for both AED deposits and withdrawals is 100 AED per transaction.
Before initiating an AED deposit or withdrawal on Bybit, take a moment to review your account details and bank information carefully. Making sure everything matches helps avoid delays and failed transfers. If you encounter any issues, follow the on-screen instructions, or contact Bybit Support for further assistance.
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