I deeply regret using Bybit and strongly warn others to avoid it. My account has been temporarily restricted for no valid reason, even though I’ve provided all necessary documents to verify my funds and activities.
Even worse? Their support team has completely stopped responding to my emails.
To add to the concern, Bybit was hacked on March 9th, and ever since, they have completely stopped withdrawals for me and more than 8 of my friends. And there are lot of similar reports on trustpilot.
Before this, I had no issues withdrawing. Now, my funds are effectively being held hostage.
Ever since I heard of ByBit I have associated their name with selective scamming because that was the main concern people stated when I was looking for reviews. I certainly cannot recommend ByBit to anybody and feel sorry you find yourself in this predicament. If they stopped responding to your emails it is a major red flag.
Bybit lost $1.5 billion just two months ago due to sheer carelessness and incompetence. Do you really expect them to keep running smoothly after such a colossal loss?
Probably not but we do expect them to not selectively scam their users.