How to Deposit USDT on Bybit for Beginners (Step-by-Step)

Many beginners deposit USDT on Bybit incorrectly and only realize their mistake when the funds fail to arrive.

This step by step guide explains how to safely deposit USDT on Bybit. You’ll also learn how to choose the correct network and avoid common beginner mistakes

What You Need Before Depositing USDT on Bybit

To deposit USDT on Bybit, you need:

A verified Bybit account
USDT in another wallet or exchange (e.g., Binance, Trust Wallet)

If you don’t have a Bybit account yet, create one here using my link. It takes less than 5 minutes to sign up and verify.

How to Deposit Usdt on Bybit as a Beginner

This guide will show you how to deposit USDT on Bybit securely.

After the main steps, I’ll show you two quick examples. One shows how to send USDT from Binance to Bybit, and the other from Trust Wallet to Bybit. These examples show the process on different platforms. If you use another wallet or exchange, you’ll still know what to do.

Step 1: Log in to Bybit

First, log in to your Bybit account. If you don’t have one yet, you’ll need to create an account before depositing USDT. You can sign up for Bybit here. If you need help, follow my detailed step-by-step Bybit account verification guide, then come back and continue.

Step 2: Go to the Deposit Page

Next, on the top right of your Bybit homepage, click Deposit. You’ll be taken to the Bybit crypto deposit page, where you can select the coin you want to send.

Step 3: Select USDT as the Coin to Deposit

On the Deposit page, select USDT from the list of coins. If it’s not visible, click Please Select and choose USDT (Tether) from the dropdown. This will open the Bybit USDT deposit page, where you can select the correct network.

Step 4: Choose the Correct Chain (Network)

This is the most important step. After you select USDT, you’ll see several network options (TRC20, ERC20, BEP20, etc.). The network you choose must match the one you use when sending the funds. For example, if you’re withdrawing from Binance and select TRC20 there, you must also select TRC20 on Bybit. If the networks don’t match, your USDT may not arrive.

Personally, I usually choose TRC20 when depositing USDT on Bybit because it’s fast and easy. If you’re not sure which network to use, this is generally a good option.

Bybit Chain Type Selection TRC20 ERC20 BEP20

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Step 5: Copy Your USDT Deposit Address

After selecting the correct network, your Bybit USDT address will appear. You can copy it by clicking the Copy button or by scanning the QR code. Do not type the address manually. Copying it or scanning the QR code prevents mistakes.

Step 6: Deposit USDT from Your Wallet or Exchange

After copying your Bybit USDT address, open the wallet or exchange where your USDT is stored (for example, Binance, Trust Wallet, or Gate)

Go to the Withdraw or Send section.
Select USDT as the crypto to send.
Paste your Bybit USDT address into the Recipient Address field.
Choose the same network (TRC20, ERC20, or BEP20) that you selected on Bybit.
Enter the USDT amount you want to send.
Click Confirm or Withdraw to complete the transaction.

Pro Tip: For your first USDT transfer, send a small amount to test the process. Once it reaches your Bybit account safely, you can send the rest.

If you’re new to crypto and want help avoiding expensive mistakes, learn more about my beginner crypto coaching here.

How to Send USDT from Binance to Bybit (Example 1)

Below is a real example of how to send USDT from Binance to Bybit. The steps are very similar on other exchanges, but this shows you exactly what to click in Binance.

Step 1: Log in to Binance

First, log in to your Binance account. In the top right corner, hover over your Profile Icon and click Dashboard to see your account overview.

Step 2: Open the Withdraw Page

On your dashboard, click Withdraw. You’ll be taken to the withdrawal page, where you can send USDT from Binance to Bybit.

Step 3: Choose USDT as the Coin to Send

On the withdrawal page, search for and select USDT (TetherUS) as the cryptocurrency you want to send.

Step 4: Paste Your Bybit Deposit Address

After selecting USDT, you’ll see an Address field. Paste the USDT deposit address you copied from Bybit earlier. Make sure you always paste the address instead of typing it. Then double-check that the first and last few characters match your Bybit address.

Paste Bybit USDT Deposit Address on Binance

Step 5: Select the Correct Network

Next, choose the network (Chain) and make sure it’s the same one you selected on Bybit. For example, if you picked TRC20 on Bybit, select TRC20 on Binance. If the networks don’t match, your USDT may not arrive.

Binance Withdrawal Network Selection Showing TRC20 USDT Selected

Step 6: Enter Amount and Confirm

Enter the USDT amount you want to send. Then carefully review the USDT address, network, and amount. If everything looks correct, click Withdraw to complete your transfer from Binance to Bybit.

Binance USDT Withdrawal to Bybit Confirmation Screen Showing Amount, Fee, and Withdraw Button

Step 7: Wait for the Deposit to Arrive

After confirming, Binance will process the transaction. The deposit usually arrives in your Bybit account within 10 minutes. That’s all there is to it!

If you want to deposit from Binance, check out my full step by step guide here. For other exchanges, the steps are basically the same. Just select USDT, make sure the network matches, paste your Bybit address, and confirm the transaction.

How to Send USDT from Trust Wallet to Bybit (Example 2)

Here’s how to send USDT from Trust Wallet to Bybit. If you’re using a different wallet, the steps will be very similar.

Step 1: Open Trust Wallet

Open the Trust Wallet app. On the main screen, select USDT from your list of coins.

Step 2: Tap Send

After opening USDT, tap Send. This opens the screen where you can paste your USDT deposit address. But before you proceed, check which network your USDT is on. For example, if your USDT in Trust Wallet is on ERC20, make sure your Bybit deposit address is also ERC20.

Step 3: Paste Your Bybit Deposit Address

Paste the USDT deposit address you copied from Bybit into the Address field. After pasting, look at the first and last few characters to make sure they match your Bybit address.

Step 4: Enter Amount to Send

Enter the USDT amount you want to send and tap Next. If this is your first time sending USDT to Bybit, start with a small amount.

Step 5: Review and Confirm

Carefully review the USDT address, the network, and the amount. If everything is correct, then tap Confirm to send your USDT from Trust Wallet to Bybit.

Trust Wallet Confirm Send USDT From Trust Wallet to Bybit

Biggest USDT Deposit Mistakes on Bybit (And How to Avoid Them)

Here are the most common mistakes to avoid when depositing USDT on Bybit:

Not Sending a Small Test Transfer First: Many beginners send the full amount right away. If it’s your first time depositing to Bybit, send a small test amount first. Once it arrives in your Bybit account, you can transfer the rest confidently.
Choosing the Wrong USDT Network: The network must match on both the sending and receiving sides. For example, USDT on ERC20 must be sent to an ERC20 address. A network mismatch can result in permanent loss of funds.
Pasting the Wrong USDT Address: Always copy your USDT deposit address directly from your Bybit account. After pasting, check that the first and last characters match to ensure accuracy.
Using Unofficial Websites: Always access Bybit through the official website or mobile app. Double-check the URL before logging in and before copying a deposit address to avoid sending USDT to the wrong place.

Avoid these mistakes, and you’ll be able to deposit USDT on Bybit safely.

Conclusion

Depositing USDT on Bybit is easy once you know which network to choose. Most beginner mistakes come from rushing or skipping key checks.

With that in mind, start with a small transfer and wait for it to show up in your Bybit account. Once it does, you can send larger amounts with confidence.

Ready to deposit USDT on Bybit? Create your Bybit account here and follow the steps above to deposit safely.

FAQs

Which USDT network is best to use when depositing on Bybit?

TRC20 (Tron) is the preferred network for USDT deposits on Bybit. It’s fast and offers very low fees. BEP20 works well as an alternative.

What is the minimum USDT deposit on Bybit?

The minimum USDT deposit on Bybit is 1 USDT, and you can deposit via any supported network.

How long does it take for USDT to reflect on Bybit after deposit?

USDT deposits on Bybit are typically credited to your account within 1 to 10 minutes, though it may take longer if the blockchain is congested.

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How to Deposit USDT on Bybit for Beginners (A Step by Step Guide for Beginners with Screenshots)

DISCLAIMER:

The information provided here is for informational purposes only. Do not rely solely on it for making investment decisions. It is not financial, tax, legal, or accounting advice. Always do your own research or consult a financial advisor before investing in cryptocurrency.