How to Transfer Crypto from Bybit to MEXC
14 Feb 2025
If you want to transfer your crypto holdings from Bybit to MEXC, follow this step-by-step guide to ensure a smooth transaction.
Step 1: Move Crypto from Unified Trading to Funding Wallet
Bybit does not allow withdrawals directly from the Unified Trading Account. You must first transfer your assets to the Funding Wallet.
- Log in to your Bybit account.
- Navigate to “Assets”.
- Click on “Transfer”.
- Select “From: Unified Trading” and “To: Funding Wallet”.
- Choose the cryptocurrency you want to transfer.
- Enter the amount and confirm the transfer.
Once your crypto is in the Funding Wallet, you can proceed with the withdrawal to MEXC.
Step 2: Get Your MEXC Deposit Address
Before withdrawing from Bybit, you need to obtain the deposit address from your MEXC account.
- Log in to your MEXC account.
- Go to “Wallet” → “Deposit”.
- Select the cryptocurrency you wish to receive.
- Choose the correct network (e.g., ERC20, TRC20, BEP20, Arbitrum, etc.).
- Copy the deposit address displayed.
Make sure that the network you select on MEXC matches the one you will use on Bybit to avoid losing funds.
Step 3: Withdraw Crypto from Bybit to MEXC
Now that your crypto is in the Funding Wallet, you can proceed with the withdrawal.
- Log in to Bybit and go to “Assets” → “Funding Wallet”.
- Find the cryptocurrency you want to transfer and click “Withdraw”.
- Paste the MEXC deposit address you copied earlier.
- Choose the same network as the one selected on MEXC.
- Enter the amount you wish to send.
- Review the transaction fees and minimum withdrawal limit.
- Confirm the transaction (you may need to complete 2FA verification).
Step 4: Wait for the Transaction to Complete
- The transfer time depends on the selected blockchain network.
- You can check the transaction status in Bybit under “Withdrawal History”.
- Use a blockchain explorer to track the transaction if needed.
Tips to Minimize Fees & Avoid Errors
- Use low-fee networks: TRC20 (for USDT) and BEP20 are often cheaper than ERC20.
- Test with a small amount before making a large transfer.
- Verify addresses carefully to prevent losing funds.
- Check network compatibility between Bybit and MEXC before sending.
By following these steps, you can securely transfer your crypto from Bybit to MEXC with minimal hassle.