How to Cash Out from Bybit to Monica.cash

Bybit traders can cash out to naira by routing through Monica instead of Bybit P2P. The reason: direct settlement vs vendor matching.

This guide covers the flow.

Monica Knowledge TeamLast updated: 14 July 2026 • 5 min read

1In Bybit

Assets → Withdraw → Crypto. Choose coin and network.

Same as Binance flow.

Standard.

Bybit's withdrawal fees vary by coin and network. Monica charges 0% on conversion and bank payout.

Depends on the network's confirmation time; Monica's conversion and bank payout take under 60 seconds after the network confirms.

0% conversion fee, within 60s of confirmation payouts, 7 coins, all banks. Built for the Nigerian use cases this guide covers.