Cryptocurrency Q&A Why can't I deposit money into Bybit with a credit card?

Why can't I deposit money into Bybit with a credit card?

BitcoinBaroness BitcoinBaroness Mon Dec 09 2024 | 6 answers 1744
I'm trying to deposit money into Bybit using a credit card, but it's not working. I'm wondering why this is happening. Is there a specific reason why Bybit doesn't accept credit card deposits? Or is there something wrong with my card or account? Why can't I deposit money into Bybit with a credit card?

6 answers

Valentina Valentina Wed Dec 11 2024
Bybit enforces strict rules regarding the use of credit cards for deposits. Without completing KYC, users are not allowed to deposit money using their credit cards.

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ShintoSanctum ShintoSanctum Wed Dec 11 2024
The process of identity verification is relatively simple. Users need to upload their identity documents, such as passports or ID cards, to the platform.

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KDramaLegendary KDramaLegendary Wed Dec 11 2024
Once the KYC process is completed, users will enjoy greater convenience when purchasing cryptocurrency. They can easily make purchases using their credit cards at any time.

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Chiara Chiara Wed Dec 11 2024
Opening an account with Bybit is the first step towards investing in cryptocurrency. However, to fully utilize the platform's features, users must complete the identity verification process.

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benjamin_brown_entrepreneur benjamin_brown_entrepreneur Wed Dec 11 2024
Depositing money on Bybit requires the completion of identity verification, also known as KYC. This is a crucial step that cannot be skipped.

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