Deposit from Bybit to Peanut

Fund your Peanut balance from Bybit. Match the currency and network, and check the total before you send.

Send a supported currency from Bybit to the deposit address shown in Peanut. Your balance is held in digital dollars after credit. The sending platform’s processing and network confirmation happen before the deposit appears; there is no single arrival time for every route.

Before you send

Open Peanut and choose Deposit, then a currency and network. Copy the current address and check its minimum. The amount reaching that address must meet the minimum after any sending fee. A small test also needs to meet it.

Peanut does not require identity verification for a crypto deposit. Bybit can apply its own account, security or access requirements. Later bank and QR operations have separate verification requirements.

How to deposit from Bybit

  1. 1

    Copy your Peanut address

    Select the supported currency and network in Peanut. Copy the address for that selection; do not reuse an address from another route.

  2. 2

    Start the external send

    In Bybit, open Assets → Withdraw, or choose Withdraw for the currency in your Funding Account. Use an on-chain withdrawal to the external Peanut address, not an internal Bybit transfer.

  3. 3

    Match the details

    Check the currency, network and full address against Peanut. If the exact pair is not available in both apps, stop and choose a supported option.

  4. 4

    Review and confirm

    Check the sending fee, amount received and minimums. Complete any security prompt required by the sending service, then confirm.

  5. 5

    Track the deposit

    Check the sending status, then the network transaction. Keep the transaction hash until the deposit appears in Peanut.

Using Bybit

Bybit shows the withdrawal fee and minimum after you choose the currency and chain. Account checks, platform processing and network traffic can delay the send.

What Peanut accepts

These are Peanut’s supported deposit currencies, not a list of everything Bybit offers:

  • USDC: Arbitrum, Base, Polygon, Ethereum and Solana.
  • USDT: Arbitrum, Base, Polygon, Ethereum, Solana and Tron.
  • ETH: supported EVM deposit routes, including Arbitrum, Base, Ethereum, Polygon, Optimism, BNB Chain and Katana.

Only use a combination currently offered by both apps. Tron accepts USDT in Peanut, not USDC or ETH. BTC, SOL, DAI and other unsupported tokens are not credited and do not appear in your Peanut balance. Recovery depends on the token, network and address; it is not guaranteed.

Costs and balance credit

Peanut covers supported deposit processing. Bybit may charge a sending or network fee; use its current confirmation screen. Fees and minimums can change, so an old fee table cannot identify the cheapest route for your transfer. See Peanut pricing for costs after depositing.

USDC deposited on Arbitrum credits 1:1. Other supported USDC deposits, USDT and ETH use the current market rate when converted or moved into the Peanut balance. The credited amount can therefore differ from the amount sent. Deposit processing coverage does not mean all later withdrawals have the same costs.

FAQ

How long does a deposit from Bybit take?

The total depends on the sending platform, any account checks, network confirmation and credit in Peanut. Check each stage instead of treating a network estimate as a guaranteed arrival time.

Are there fees for depositing?

Peanut covers supported deposit processing. Review any fee from the sending service and the amount that will reach the Peanut address.

Which currency and network should I choose?

Choose an exact pair shown in both apps. The Peanut list above does not prove that every pair is available in your sending account.

What if my deposit has not appeared?

Check whether the send was submitted and confirmed on the correct network. Then check the supported currency, address and minimum. If it still has not appeared, contact Peanut support with the transaction hash, network and amount. Never share your private key or recovery phrase.