Bybit Suspends USD Payments via Bank Transfer

Crypto exchange Bybit announced it has suspended USD deposits via bank transfer due to service outages from its partner. USD deposits via Wire Transfer (SWIFT) and Wire Transfer (For US bank) are no longer available. Users can still make withdrawals via Wire Transfer (SWIFT) and Wire Transfer (For US bank) until March 10th at 12am UTC.

Bybit said it will launch the Advcash Wallet withdrawal service shortly to provide a better user experience. In addition, users' USD assets on the platform are safe.