Transfer Crypto to and from Bybit
How to Send Crypto to Bybit from Gem Walletâ
Sending cryptocurrency from Gem Wallet to Bybit is a straightforward process. Follow these three easy steps to complete your transaction:
Obtain Your Bybit Deposit Addressâ
For this guide, we will be depositing some ATOM tokens to Bybit.
Open the Bybit app or visit the Bybit website and log in to your account. Click on "Assets" and then tap on "Deposit". Then choose the cryptocurrency you want to deposit.
Choose the correct "Network" to deposit your crypto to.
Copy the provided deposit address and memo (if required). This is the address you will send your cryptocurrency to from Gem Wallet.
Always double check if the destination requires a memo or destination tag.
Access Your Gem Walletâ
Launch the Gem Wallet app and navigate to the wallet containing the cryptocurrency you want to send.
Tap on "Send" and then paste the deposit address you copied from Bybit into the "Recipient Address" field in Gem Wallet. Do not forget the memo field if it is required.
Send Crypto from Gem Wallet to Bybitâ
Enter the amount of cryptocurrency you wish to send. Review the transaction details to ensure everything is correct.
Double check the destination address and confirm if a memo or destination tag is required. Funds might get lost if this information is not accurate.
Tap on "Confirm" to proceed with the transaction.
Wait for the transaction to be processed. Congratulations, you have successfully sent your crypto to Bybit using Gem Wallet.
How to Receive Crypto from Bybit to Gem Walletâ
Receiving cryptocurrency from Bybit to your Gem Wallet is a simple process. Follow these three easy steps to complete your transaction:
Obtain Your Gem Wallet Addressâ
For this guide, we will be withdrawing some TIA tokens from Bybit.
Launch the Gem Wallet app and navigate to the wallet where you want to receive the cryptocurrency. Tap on "Receive".
Copy the provided wallet address or scan the QR code. This is the address you will use to receive cryptocurrency from Bybit.
Access Your Bybit Accountâ
Open the Bybit app or visit the Bybit website and log in to your account. Click on "Assets" and then tap on "Withdraw". Then choose the cryptocurrency you want to withdraw.
Paste the Gem Wallet address you copied in Step 1 into the "Address" field. Choose the correct "Network" to withdraw your crypto to.
Send Crypto from Bybit to Gem Walletâ
Enter the amount of cryptocurrency you want to send then tap on "Withdraw".. Review the transaction details to ensure everything is correct.
Tap on "Confirm" to proceed with the Security Verification. Complete any required verification steps (e.g., email or 2FA verification). After completing the security verification, the withdrawal application will be processed.
Wait for the transaction to be processed. You can monitor the status on both Bybit and Gem Wallet.
Congratulations, you have successfully received crypto on your Gem Wallet from Bybit.