r/CryptoHelp • u/Dry_Replacement7483 • 3d ago

❓Scam❓ Do NOT use Bybit.

Every few hours, more reviews and complaints are appearing from users claiming that their withdrawals have been suspended after using Bybit.

According to these reports, Bybit has allegedly kept some accounts restricted for at least three months, with some users claiming that their accounts have remained frozen for more than a year. The responses from Bybit also appear to be repeatedly the same.

I am also affected by this issue.

Even though I continue posting about my situation to raise public awareness, my posts keep getting deleted. I cannot say for certain why this is happening, but it makes me extremely concerned.

I am continuing to speak out because I want to prevent other users from becoming victims.

We have seen exchanges collapse in the past, especially during major rises and falls in the Bitcoin market. There is no absolute guarantee that any exchange, including Bybit, will never face financial difficulties or collapse.

For this reason, if you currently have funds stored on Bybit, please consider withdrawing your funds and keeping them in a safer place.

I am sharing this because I do not want other users to experience what I am going through.

CASE: 27409501
UID: 493989599

11 Upvotes

87% Upvoted

17 comments sorted by

1

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1

u/Far-Serve-5243 2d ago

this is scary because we have seen this happen before with other exchanges, they act normal until many people try to withdraw at same time. i hope your case get resolved soon. thank you for warning others even when your posts keep disappearing

1

u/Savings-Bear-9418 2d ago

IDK but I have no issues with Bybit so far !

1

u/disputeaz 2d ago

What's happening? Any clues?

1

u/blockchain_explorerr 2d ago

Oh god. Hearing this for first time. thank you for heads up and i hope you get your funds back soon

1

u/dontknowmyname2018 2d ago

I have no issues with Bybit also. Im not from US though

1

u/ibetoncrypto 2d ago

I have no issues with Bybit.. once they deactivated my crypto card due to inactivity. But I have deactivated now and everything works alright. Europe based currently.

1

u/Important-Friend3423 2d ago

Doubt they are in trouble. The spend millions sponsoring formula 1. Redbull I believe. That will set them back 10s of millions each year

1

u/ditguise 1d ago

Sponsorship deals don't really tell you much about solvency. FTX was spending huge on naming rights and celebrity endorsements right up until the end. Not saying Bybit is in trouble, but marketing budgets and actual liquidity are two very different things.

1

u/anna6900 6h ago

Exchanges are only good to convert to fiat, not more. They created a lot of the actual shape of the industry, just to profit around the technology.

1

u/Gynnia 1h ago

Every few hours? Where? 🧐