Select the “ Deposit” option next to USDT. USDT should be near the top of the list, but you can find it in the search bar if you don’t spot it immediately. You will see a list of all the coins listed on the exchange. Once you’re logged in to your Bybit account, go to the Assets section and select Spot Account.
#BYBIT VS BINANCE FEES HOW TO#
In the following sections, we'll show you how to transfer USDT from Binance to Bybit step by step. The process of transferring Tether from Binance to Bybit is pretty straightforward. Bybit was never target of a hacking attack and is generally considered one of the safest crypto exchanges around.Ĭreate Bybit Account Binance to Bybit USDT transfer – A step-by-step guide Bybit supports a large number of cryptocurrencies and often holds special events where traders can earn additional rewards.
Initially, Bybit was focused on offering derivatives trading (crypto futures contracts), but the platform has since added spot markets, savings products, a Launchpad platform, and other features users expect from a modern cryptocurrency exchange. According to some estimates, Binance controls as much as 70% of all trading volume in the crypto space.īybit is a crypto trading platform that was founded in 2018. Binance lists a huge selection of cryptocurrencies that can be traded across more than 1,200 trading pairs. What is Binance?īinance is the most popular cryptocurrency exchange in the world, offering a multitude of services ranging from spot cryptocurrency trading to cryptocurrency derivatives, staking, and interest-rate bearing crypto lending products under the Simple Earn banner. In addition, the process is very similar for any of the top cryptocurrency exchanges, although you will need to check if the token is listed on both your current exchange and the target exchange.
Once you get familiar with transferring Tether from Binance to Bybit, you can use the knowledge to transfer other crypto assets between the two exchanges. Essentially, you have to withdraw assets from your Spot Wallet on Binance and deposit them to your Spot Account on Bybit. Transferring Tether (USDT) from Binance to Bybit is very straightforward and doesn’t require any extensive crypto knowledge. How to transfer Tether from Binance to Bybit?
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