Bybit Reviews 

Got my account restricted
And he tell me we are reviewing your account and take from my account 800usdt
I think this platform stilling funds
Respond with generic message

UID 407598002 Dear Biybit my account has been closed for 33 days, I am tired of your arbitrary treatment, open this account. Dear Support Team,
Please unfreeze my account. It has been frozen for a long time. I have only one 407598002 account: . This is my only account.
I am ready to provide any verification needed. 10.000usdt + 40400 usdt total == 50400 usdt Since I have coins in my account, the number may change daily.
Regards

Bybit first blocked about 1300usdt and then closed account, means stole 1300usdt. Support said (when blocked) - please wait. I sent all the info they asked for. But then I received the letter telling to transfer all the available funds (1300 still kept blocked) and acc was closed.

I had been using Bybit P2P for a long time. Recently, I experienced multiple cases where counterparties falsely claimed that payment had been sent, repeatedly stalled for hours, and waited until the appeal process expired or the order was cancelled.

I reported these users, provided evidence, opened appeals, and asked Bybit a simple question: does repeatedly claiming “payment sent” without making any transfer violate P2P rules, and are such behaviors tracked internally?

I never received a meaningful answer.

The most concerning part is that the current system allows a counterparty to waste a user's time, make false payment statements, cancel the order before completion, and apparently avoid any visible consequences.

Instead of properly addressing my concerns and explaining what actions were taken regarding the reported users, Bybit later placed my account under a compliance review based on an old transaction from 2024, froze my withdrawals, provided almost no information about the reason, and after the review simply decided to terminate my account.

The account closure notice did not provide any clear explanation of what rule I allegedly violated. I was given only five days to withdraw my remaining assets before permanent closure.

Fortunately, I was able to withdraw my funds, but the overall experience was alarming: users reporting suspicious P2P behavior can end up losing access to the platform, while the reported counterparties appear to continue operating without consequences.

My concern is not only about my individual case, but about the lack of transparency, the lack of accountability in P2P disputes, and the absence of clear communication from compliance.

I strongly advise users to think twice before trust your funds to Bybit.

Bybit P2P has been extremely frustrating despite me being an active crypto trader and merchant across major exchanges including Binance, OKX, Bitget, Gate, and Bybit itself, with cumulative trading activity exceeding 15 BTC.

I traded around 35,000 USDT volume on Bybit in a very short period and maintained a clean advertiser history without a single negative review or dispute loss.

Yet when I tried to unfreeze my merchant security deposit, Bybit forced me to wait 5 additional days after my last order before I could even request release of my own funds.

For verified merchants with flawless records, this process feels unnecessarily restrictive and slow. Exchanges should reward trustworthy merchants with efficient handling, not lock their funds behind rigid automated delays regardless of account history or performance.

The bigger issue with Bybit P2P overall is the slow support and appeal handling. If a dispute or restriction happens, resolution can drag on for days while merchants lose access to their capital and receive mostly generic responses.

Many users publicly report frozen funds, delayed appeals, restrictions, and poor support responsiveness on Bybit as well.

For a platform that promotes itself heavily to serious P2P merchants, the operational handling and merchant support experience still need major improvement.

UID: 562561470

Suspension and hardware issues have been repored across multiple models.