Bybit: We have no deposit limits with Trust Wallet

Cryptocurrency exchange Bybit has denied rumors about problems with deposits from the non-custodial Trust Wallet.

According to them, standard deposit operations are available in full and are carried out as usual.

“Bybit continues to fully support Trust Wallet deposits without any restrictions.”

The exchange team noted that in the event of potential risks or violations being identified, additional checks may be selectively applied to transactions. This procedure is aimed at strengthening the platform’s security and protecting users’ assets.

“Bybit is currently developing guidelines for specific wallets, such as Trust Wallet, that may have limitations on manual deposit verification. Our goal is to improve the efficiency of deposit verification,” Bybit added.

The Cartesius channel reported the essence of the problem when crediting a deposit from Trust Wallet. They told the story of a familiar trader who had been trading on Bybit for a long time, depositing funds from a verified account on another CEX and from Trust Wallet. The total volume of his transactions exceeded 2.5 million USDT.

“At some point, when trying to withdraw 10,000 USDT, the exchange froze the withdrawal and requested a security check, that is, asked to make a video of the user replenishing the account balance. He made a video with his own Trust wallet, that is, he met all compliance requirements,” the channel's authors reported.

According to them, the trader also checked the purity of the assets with the help of AML providers Elliptic and Crystal Blockchain, which showed 100% no risk.

“In response to all this, the exchange compliance team couldn't come up with anything better to write, that the funds were received from Trust, and it is not safe, so top up your account from somewhere else. And they left the block,” added the Cartesius channel.

The authors emphasized that it was the reference to Trust Wallet as the root cause of the blocking that forced them to make the story public. According to their data, about 200,000 USDT on the user's balance remains frozen.

Separately, the Cartesius channel, as well as other experts, emphasized that it is impossible to mark Trust Wallet addresses based on the public key.

Let us recall that in the summer of 2024, Bybit announced a thorough check of clients from the Russian Federation to comply with sanctions.

In February 2025, Russian users became the main source of traffic for the trading platform – 29% of the total number of visits.

Источник: cryptocurrency.tech