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Bybit Suspended USD Deposits via Bank Transfer Citing Partner Outages

Cointime Official

Dubai-based crypto exchange Bybit announced it has suspended USD deposits via bank transfer due to service outages from its partner.

"Effective immediately, USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US bank) are no longer available." Bybit said. As an alternative, users can continue to make USD deposits via the Advcash Wallet, or buy cryptocurrencies with credit card on One-Click Buy page.  

Users will still be able to make withdrawals via Wire Transfer (SWIFT) and Wire Transfer (For US bank) until Mar 10, 2023, 12AM (midnight) UTC.

The exchange has announced that withdrawals using the Advcash Wallet will soon be made available. Bybit assures its users that their funds are secure, but advises those intending to withdraw USD to do it as soon as possible to prevent possible interruptions.

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