Bybit • Latest Bybit News
Tags: Upgrades
To expand VIP benefits and improve institutional-grade fund security and settlement efficiency, we’re opening ByCustody to VIP users who have completed Business Identification, effective Feb 9, 2026.
With ByCustody, VIP users can manage custody and complete off-exchange settlements on Bybit with stronger security and higher efficiency.
Who can access ByCustody
• VIP users with Business Identification completed
What you can do with ByCustody
• Manage custody in a dedicated ByCustody system
• Complete off-exchange settlements with clearer timing and higher efficiency
ByCustody highlights
• Institutional-grade custody structure: Assets are held in a dedicated ByCustody system to separate trading and custody, with a dedicated custody address per client for on-chain visibility.
• Efficient on-chain settlement: Supports an on-chain settlement cycle every 2 hours with clear, predictable timing.
• Enhanced security framework: Multi-layer withdrawal approval mechanisms provide stronger control over large asset transfers.
• Multi-asset support: 13 assets supported, including BTC, ETH, USDC, USDT, XRP, USDE, USDTB, DAI, LINK, AAVE, METH, UNI and MNT.
Compliance-ready onboarding: Users who have completed Business Identification can enable access without resubmitting materials
[Get started]<https://www.bycustody.com>
Source: Bybit Official Announcement — originally published on Fri, 06 Feb 2026 10:00:00 GMT.
