How To Close All Bybit Positions And Withdraw Your Funds

To close out all open FinRev positions on Bybit, watch the following overview video and follow the steps below the video.

Step-By-Step Walkthrough:

In your Bybit account, hover over your profile icon and see "Recently Used" to access your Finrev account.

If your Finrev account is not listed, click "Switch Accounts" to find and select your sub-account.

NOTE*

• The icon on the account will change when you move from the main account to the sub-account.
• The icon letter is usually the first letter of the sub-account name.
• Most people will have called the sub-account FinRev (something). Your icon is likely also 'F.'
• Check you have switched to the sub-account before proceeding.

Next, move left from your profile to the top center of the Bybit homepage, click "Derivatives," and select "USDT Perpetual."

Locate the 'Positions' tab. Then look for the 'Close All,' button.

Click the "Close All" button to close every position FinRev has opened for you. All positions will be closed as market orders. This is the quickest way to close all your open positions.

How To Transfer Funds To Another Exchange

Return to your main account via the profile icon and select your main account.

Once in the main account, hover over the profile icon and scroll down to 'Subaccount'.

Click on 'Subaccount'.

On the next page you will see your subaccount listed, click on the 'Transfer Asset' button.

On the next screen you will need to transfer from your FINREV account to your main account.

Ensure you are transferring from your Subaccount > Derivatives and to your Main Account > Funding or Spot.

If your 'Transfer Asset' page looks the opposite to the picture below then click the arrow button between the account names to swap the 'From' and 'To' accounts.

Select the coin: USDT

Select 'All' in the amount bar.

Select 'Confirm Transfer'

Once your funds are in your main account (in either Funding or Spot), you can then transfer your USDT balance across to another USDT wallet you own (i.e. on a different exchange or to a cold storage device).

To complete your transfer to another wallet external to Bybit, please follow the Deposit instructions provided by the host of the destination wallet and copy the deposit address. Also choose the transfer network you will be using - e.g. TRC20, ERC20 etc.

From your Bybit main account, click on the 'Assets' menu, then select 'Withdraw':

This will take you to the Assets Overview page. Select 'Withdraw'.

A withdrawal pop-up box will open on the screen.

Complete the following:

• Select: On-chain Withdrawal
• Coin: USDT
• Wallet Address: enter your destination wallet address (the one you copied in a previous step)
• Use the drop-down arrow to select the Chain Type (i.e the transfer network) - e.g. TRC20, ERC20
• Enter the amount (or select 'All' if transferring the entire balance)
• Select either Spot or Funding based on where your funds are in your main account
• Select: Submit

Chain Type options:

After selecting 'Submit' and completing any required verification steps, you will receive a confirmation email from Bybit.

You should also receive confirmation from your destination wallet provider once the deposit has been confirmed through the blockchain.

If you are experiencing difficulties with the steps outlined above, you can contact us at: [email protected]