Bybit Web3 platform revolutionizes the way users sell cryptocurrencies. It offers the convenience of selling cryptocurrencies through P2P Trading, providing a seamless experience for users worldwide.

 

Users can directly sell cryptocurrencies with P2P Trading in their Bybit Wallet. Our system intelligently displays the most favorable offers by considering factors such as your country/region, preferred payment method, desired coins, and compatible providers.

 

With the Sell Crypto function on Bybit Web3, you have the ability to sell coins on various networks. Currently, Sell Crypto with P2P Trading on Web3 supports:

 

Fiat Currency: More than 60 fiat currencies are supported, including RUB, VND, UAH, HKD and more.

Coin (On Ethereum Network): USDT, USDC

Coin (On BNB Chain): USDT, USDC

Coin (On ARB Chain): USDT

 

Here’s a step-by-step guide to selling crypto with P2P Trading through Bybit Wallet.

 

 

 

Step 1: Please go to the Bybit Web3 homepage and create your Bybit Wallet if you haven't already. Currently, the Sell Crypto service on Web3 is only available when you access this page with a Bybit Wallet.

 

 

 

 

 

Step 2: Click on Buy Crypto on the navigation bar. Then, click on Sell.

 

 

 

 

 

 

Step 3: Place your order by following these steps:

1. Choose the coin you’d like to pay with. 
2. Select the Fiat you would like to receive.
3. Enter the sell amount, either in fiat currency or coin amount, based on your preference.
4. Select the network.
5. Click on Next.

 

 

Note: Please ensure the amount you enter matches the available funds in your Bybit Wallet. Opting for a different network might show zero balance if your funds are not in that specific deposit chain. If your Web3 Wallet has insufficient funds, you can refer to this article to learn how to make a deposit on Bybit Web3.

 

 

 

 

 

Step 4: Once you have carefully read and understood all the provided information, tick the box next to I agree to Bybit’s Privacy Policy, then proceed by clicking on Confirm.

 

 

 

The Sell Crypto service on Web3 is currently exclusive to Bybit users. You will have to also complete Identity Verification to be able to use this function.

 

 

 

 

 

Step 5: Select your preferred payment method with P2P Trading, then click on Sell.

Notes:

• The name on the other party’s payment method should match the name in the other party’s identification documents provided for Identity Verification on Bybit.
• The payment method information is now separated from the Bybit P2P Trading page and integrated into the Sell Crypto on Bybit Web3. To receive your fiat, you'll need to include the payment details on Bybit Web3.  

 

 

 

 

 

Step 6: After reviewing your sell order, make sure to check the acknowledge boxes before clicking on Next. It is important to take note that by placing P2P Sell order on Bybit Web3, you should be familiar with the following scenarios:

1. Your order will be automatically canceled if the seller fails to transfer the crypto to the provided Bybit Destination Address within the specified timeframe.
2. In case of price fluctuations, your order will undergo several attempts within a 5% price difference. If these attempts reach their maximum limit, a refund will be initiated, and you won't need to pay gas fees.
3. If an order is appealed, the Seller will be responsible for covering gas fees.
4. Any refund will be sent to the wallet address you provided during the process, confirming your ownership.

 

 

 

 

 

 

Step 7: You can verify your payment details. If needed, you can also add a new account under the dropdown menu. The price quote will update every 30 seconds to reflect the current market conditions.

 

 

 

 

Step 8: Click on Transfer with Bybit Wallet to initiate the transfer of the crypto amount to the designated destination account from your Bybit Wallet. A pop-up window will appear, allowing you to confirm the selected gas fee. Once confirmed, your order will await on-chain confirmation.

 

 

 

 

 

Step 9: Once your order is listed on the chain, it will be available for a buyer to proceed with the transaction. Once the counterparty completes the transaction, you can click on Release Now to complete the transaction by releasing the coins to the buyer.

 

 

 

It's important to note that transaction records made using the Bybit Wallet are recorded on the blockchain and publicly accessible. However, only those who know your wallet address can identify your transactions on a block explorer (such as Etherscan).

 

 

 

 

View Your Order

To view your orders, simply click on Orders located on the Sell Crypto order page.

 

 

If a refund is initiated, a new refund order will be created in your order history.