ByBit Account Locked Due to IP Change – Withdrawal Blocked

ByBit Account Locked Due to IP Change – Withdrawal Blocked
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February 16, 2025 12:10 am
144

I attempted to withdraw funds from my ByBit account, but I was suddenly locked out with a message stating that my account was blocked due to login attempts from a different IP address. Now, ByBit is asking me to deposit 30% of my current balance as collateral before they will unlock my account. In my case, this amounts to $3,500, which seems highly suspicious.

Why should I have to deposit more money just to access my own funds? I have never encountered such a ridiculous security measure on any other exchange. Has anyone else experienced this? If so, was it resolved? ByBit must address this issue immediately and allow me to withdraw my funds without additional payments!

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