Bybit EU is committed to complying with the regulatory environment in the European Economic Area (EEA), offering our users a secure and accessible platform for trading crypto. As part of this commitment, all EEA users must complete Standard Verification to access Bybit EU’s products and services. Advanced Verification is optional but allows for higher fiat deposit limits. The requirements for standard and advanced verifications are as follows:

 

 

• Standard Verification (compulsory)
  • Proof of Identity
    • QES Verification
    • Bank Verification
    • Video Verification
  • Standard Questionnaire/Enhanced Due Diligence (EDD)
• Advanced Verification
  • Proof of Address
• Review Your Identity Verification

 

 

 

 

Here’s a step-by-step guide to completing Individual Identity Verification on Bybit EU. Please note that completing Identity Verification can only be done via the Bybit EU website.

 

 

Step 1: Hover to the avatar icon on the right side of the navigation bar. If you have just created your account, you can click on Complete Identity Verification Now. Otherwise, click on Account to enter the Account page.

 

 

 

 

 

 

Step 2: Click on Verify Now in the Identity Verification column under Account Info to enter the Identity Verification page.

 

 

 

 

 

 

Step 3: You will see two (2) sections for Identity Verification: Standard and Advanced. Some verification items are interdependent. You must complete the verification items with an available Verify button before you proceed to the next one.

 

 

 

 

 

 

Standard Verification (compulsory)

Proof of Identity

The Proof of Identity comprises three (3) types of verification methods: QES verification, Bank verification, and Video verification. To verify your Proof of Identity, you will need to complete one of the following verification processes:

 

 

 

 

QES Verification

If you proceed with the QES Verification process, you are required to verify your identity, complete the selfie liveness, and sign the contracts. 

 

 

 

 

Bank Verification

During the Bank Verification process, you will need to verify your identity before you can submit a fiat deposit to complete the Bank Verification effectively.

 

To submit your ID verification, click on Bank Verification, select your country of residence as well as the type of identity document you will use for verification, and click on Continue to proceed with the verification.

 

 

Notes: 

• Before you start, prepare your identity document and make sure it is valid. Take a photo of the front and back sides of your document.
• To pass verification, your identity document needs to comply with the requirements indicated in the next window. To ensure a smooth process, please check that the requirements are all met before clicking on Continue.
• Please ensure that your computer has granted access to your camera as you will need to complete your facial recognition scan through your laptop’s camera.

 

 

Once you have completed the ID verification, you can continue with the Fiat Deposit. In order for the verification to be successful, please enter the depositing IBAN and ensure you deposit funds from a bank account registered under your name, and that it matches your ID verification. Please note that payments from third-party accounts are not allowed. 

 

 

 

 

Video Verification

If you choose to proceed with the video verification, you are required to complete the following during the process:

1. Identity document
2. Selfie Liveness
3. Video interview
4. Phone verification

 

 

 

Once you've completed the verification process, please click Confirm to review your personal information and check if any additional information is required.

 

 

 

 

Standard Questionnaire/Enhanced Due Diligence (EDD)

The Standard questionnaire is composed of 4 pages, aiming to understand the purpose and nature of our business relationship to ensure we offer the most suitable products, services, or transactions. The last step will require you to indicate your residential address. Please provide honest and accurate responses based on your actual situation.

 

 

 

Due to regulatory requirements, you may need to complete additional verification steps before you can continue using certain features. 

 

 

You may be required to complete one of the following additional steps:

1. Complete a short 2-question questionnaire that takes less than 1 minute. The review process may take up to 72 hours to complete. 

 

 

2. Complete a short 2-question questionnaire and an EDD (Enhanced Due Diligence) process. This requires uploading Proof of Funds or Proof of Wealth, such as bank statements and income proof. The review process should be completed within 72 hours.

 

 

Note: You can visit the Support Hub to check the review status under Compliance Ticket. If the processing time is exceeded, please contact our Compliance Team at compliance@bybit.eu for further assistance.

 

 

Congratulations! Your Standard Identity Verification has been completed. You are now eligible to access the supported products and services. To be entitled to higher fiat deposit and withdrawal limits, you can proceed to complete the advanced verification.

 

 

 

 

 

 

 

Advanced Verification

In some cases, to ensure that you reside in one of the countries of the European Economic Area (except Malta), you are required to submit a valid Proof of Address, in accordance with EU and Austrian regulatory requirements. 

 

 

 

Proof of Address

Only proof of address from European Economic Area (EEA) countries is accepted.

 

Bybit EU only accepts Proof of address documents such as utility bills, bank statements, and residential proof issued by your government. Please note that Proof of Address must be dated within the last three months. Documents dated older than three months will be rejected. For more information, please refer to FAQ — Individual KYC.

 

 

 

 

Review Your Identity Verification

To review the information you submitted during the Identity Verification process, click on the eye icon. Please be aware that you will need to enter your Google Authenticator code to access this information.