How to Buy Monero on Bybit
Updated 2026 guide: registration, KYC, and buying Monero (XMR) on Bybit. 0.1% fee per trade.
Exchange overview
Rating
9.3/10
Spot (maker / taker)
0.1% / 0.1%
Listed coins
470+
Country
UAE (Dubai)
Step-by-step guide
- 1
Step 1: Create an account on Bybit
Visit Bybit via our referral link and sign up. Click the Register button and enter your email and password. This takes about 2 minutes.
Open account Bybit - 2
Step 2: Complete identity verification (KYC)
Upload a photo of your passport or driver's license and take a selfie. KYC typically takes 5 minutes to a few hours. Without verification the exchange limits withdrawals.
- 3
Step 3: Deposit funds
Transfer USDT, USDC, or fiat to the exchange. You can buy crypto directly with a bank card on the platform or transfer from another wallet.
- 4
Step 4: Find the Monero trading pair
Go to the Spot or Trade section and search for the XMR/USDT or XMR/BTC pair. Type the coin name in the search bar.
- 5
Step 5: Place a buy order
Choose an order type: market (instant, at current price) or limit (at your target price). Enter the USDT amount or Monero quantity and confirm the order.
Exchange fees
| Spot (maker / taker) | 0.1% / 0.1% |
| Futures | 0.02% / 0.055% |
| Listed coins | 470+ |
| Rating | 9.3/10 |
Buying Monero (XMR) on Bybit is a smart choice for those looking to enter the privacy coin market. Bybit is a fast-growing exchange known for its strong P2P options, making it an attractive platform for trading Monero, a Layer 1 project focused on privacy and anonymity.
Step-by-step guide
Follow these five simple steps to buy Monero on Bybit:
1. Create account on Bybit
Visit the Bybit website and sign up for an account. Provide your email and create a secure password.
2. KYC verification
Complete the Know Your Customer (KYC) verification process to comply with regulations. This step may require you to upload identification documents.
3. Deposit funds
Deposit funds into your Bybit account. You can use methods like bank transfers, credit/debit cards, or cryptocurrencies to fund your account.
4. Find XMR/USDT pair in Spot
Navigate to the Spot Trading section and search for the XMR/USDT trading pair to start trading Monero.
5. Place order (limit vs market)
Choose between a market order for immediate execution or a limit order to set a specific price at which you want to buy Monero.
Fees
Bybit charges a spot trading fee of 0.1% for both maker and taker orders. P2P trading is available for local currencies, including Russian rubles. If you decide to purchase Monero with a credit card, be aware that third-party fees may range from 2% to 4%.
Tips
- Check the latest Monero price trends on Bybit before placing an order.
- Consider using limit orders to control your entry price for XMR.
- Stay updated on regulatory news that might affect privacy coins like Monero.
FAQ
How to buy Monero on Bybit?
Sign up on Bybit, complete KYC, deposit funds, and buy Monero in the Spot trading section using the Monero/USDT pair.
What are the fees for buying Monero on Bybit?
The standard fee on Bybit is 0.1% for makers and 0.1% for takers. Fees may decrease when you pay with the exchange native token or reach higher trading volume tiers.
Is Bybit safe for buying crypto?
Bybit is a licensed centralized exchange with multi-layer account security. Enable two-factor authentication (2FA) and avoid keeping large amounts on the exchange long-term.
Can I buy Monero with USD or EUR on Bybit?
Yes, Bybit supports fiat purchases (USD, EUR, and others). Use the Quick Buy section or pay with a bank card.
CoinMagnetic Team
Crypto investors since 2017. We trade with our own money and test every exchange ourselves.
Updated: April 2026
This is informational content, not financial advice. Cryptocurrencies are highly volatile. Only invest what you can afford to lose.