Bybit TR fees: Everything you need to know before trading crypto

Trading on Bybit TR involves various fee structures, depending upon deposit methods, withdrawals and trading activities for both crypto and fiat currency. This guide details deposit and withdrawal limits, fiat transaction policies and trading fee tiers, in order to ensure that you know exactly what to expect before executing a trade. 

By understanding beforehand these costs and rules, you can effectively manage your portfolio and optimize your trading strategy based on your VIP status and trading volume.

Key Takeaways:

• Bybit TR does not charge fees for fiat (e.g., Turkish lira) deposits and withdrawals

• Trading fees do not apply to unfilled or canceled orders; the fee rate varies, depending upon VIP status or 30-day trading volume

• Fee rates are dynamic and vary, based on your VIP status, 30-day trading volume or asset balance

1. Deposit fees on Bybit TR

Bybit TR maintains competitive rates for deposits. These fees depend upon whether you’re transacting in crypto or fiat currency. Detailed rates and minimum deposit limits can always be checked on the Crypto Deposit/Withdrawal Status page.

Crypto Deposits & Internal Transfers

Network fees for crypto deposits fluctuate, and are based on real-time blockchain traffic. While Bybit TR does not charge a fixed fee for incoming transfers, the sending wallet or network may apply gas fees.

Due to the Travel Rule and Turkish regulations, Bybit TR places transactions on pending status after funds have been transferred. For your first crypto deposit transaction, a 72-hour waiting period applies. Then, for all subsequent crypto deposit transactions, a 48-hour withdrawal waiting period applies, calculated from the date of the last deposit.

If a crypto and chain mismatch occurs between the recipient and sender, you may permanently lose your assets.

2. Withdrawal fees on Bybit TR

Withdrawal fees vary, and are clearly displayed on the withdrawal page before you confirm a transaction. It usually takes 15 minutes to process a withdrawal, but your withdrawal request may in addition be delayed due to the Travel Rule and/or the withdrawal cooling period.

Crypto Withdrawals

Bybit TR charges a fee to cover blockchain networks’ costs. This fee varies by coin and network load. You can view real-time fees for all supported chains on the Crypto Withdrawal Status page.

These potential fees can be viewed on the Crypto Withdrawal Status page. If the transfer is made to a different Bybit TR wallet, however, no Crypto Withdrawal fee applies.

Internal Transfers Transferring assets to another Bybit TR account is free of charge. You can make these transfers instantly using the recipient's email address, mobile number or UID.

Internal Transfers to a new address can be made 24 hours after adding it via the Withdrawal Address page.

3. Fiat deposit fees on Bybit TR

Bybit TR charges no fees for deposits from any integrated bank (Ziraat Bank, VakıfBank, Fibabanka, etc.). However, your bank may charge a standard fee for wire transfers.



Transactions of up to 100,000 TRY are processed 24/7 instantly via FAST. Amounts exceeding this limit may be processed as electronic funds transfers (EFT) during banking hours.

4. Fiat withdrawal fees

Bybit TR does not charge any fees for fiat withdrawals. The only current fiat currency available is TRY, and any potential fees for new fiat options to be added in the future can be viewed on the Fiat Withdrawal page.



There is a risk that transactions of 100,000 TRY or more directed to Akbank accounts may be rejected by the bank. Traders experiencing issues or having questions related to fees can create a ticket to share their concerns with Bybit TR representatives.

5. Trading fees on Bybit TR

Trading fees are the core cost of active trading, and are determined by your role in the market’s liquidity. Commission rates by type are as follows:

Spot trading fees (Non-VIP)

• Maker fee: A 0.1% fee is charged on Spot trades. For example, if you place a $100 BTC Buy order and the price reaches the target point, a maker fee of $0.10 worth of BTC applies.

• Taker fee: A 0.1% fee is charged on Spot orders that are executed using current market liquidity. For example, if you place a $100 Market or Quick Buy order to purchase ETH, the order is filled using instant liquidity, and a $0.10 taker fee applies.

• Spot trading fees apply to all 200+ Spot crypto pairs available on Bybit TR.

Maker vs. taker explained

• Market takers are those who place orders to be executed immediately in the order book. With this type of transaction, they remove volume from the exchange.

• Market makers create liquidity by setting conditions for orders to be executed. If the order is filled, the user pays a maker fee.

• Fees are only charged after an order is completed.

VIP trading fee structure

• Bybit TR offers different types of fee discounts. Basically, discounts vary according to either the total amount of assets in the wallet, or the 30-day trading volume

• To gain benefit from the trader fee discount, traders need only meet one of the above requirements.

• The Bybit TR VIP level system works as follows:

Fiat/crypto trading fees

• For trading fees between fiat currency and crypto (e.g., USDT/TRY), you will be charged a trading fee ranging from 0.1400% to 0.0050%.

• The key factors considered when calculating the fee rate are as follows:





6. How trading fees are calculated 

Trading fees on Bybit TR are calculated using a simple formula: 

• Fee = filled order quantity × fee rate

For example, if the current price of BTC is $80,000, traders can buy or sell 0.5 BTC for 40,000 USDT. Trader Cem buys 0.5 BTC using a Market Order with USDT. Trader Selin buys 40,000 USDT using a Limit Order with BTC.

• Market buy — The fee Cem must pay is 0.5 × 0.1% = 0.0005 BTC.

• Limit buy — The fee Selin must pay is 40,000 × 0.1% = 40 USDT.

• Fees are only charged after the order is executed.

Important Notes:

• No fees apply to orders that haven’t been executed, or that have been canceled.

• The fee currency depends upon the asset received.

7. Where to check your fees

• After you’ve completed Identity Verification, fee rates can be viewed at My Fee Rate.

• Your Trading History clearly shows the fees charged for each trade order.

• Fee rates are accurately shown at the time that orders are placed, while trading fees may be changed at any time. Please note that continued use of Bybit TR after updates indicates acceptance of revised fee rates.

Conclusion 

Bybit TR has a transparent and competitive fee policy. There are multiple types of fees, and Bybit TR doesn’t charge fees for fiat deposits and withdrawals. Other fees apply only to fulfilled orders, and trading fee rates vary depending upon VIP level or 30-day trading volume.



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