Published: 2026-12-18

Closing a Bybit Account: Handle Open Positions First

On a derivatives-heavy platform, closing an account isn't just about withdrawing a balance — open positions need to be dealt with first.

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Reconsider Before You Close

If the underlying concern is security rather than wanting to leave entirely, tightening 2FA and reviewing sessions is reversible — account closure generally isn't, at least not easily.

Step 1: Close All Open Positions

Close every open derivatives position and cancel pending orders. Because the Unified Trading Account pools collateral, an open position elsewhere in the account can block closure even if your spot balance looks empty.

Step 2: Withdraw Remaining Balance

Withdraw all remaining funds to a wallet you control, confirming the correct network for each asset before sending.

Step 3: Resolve Any Pending Reviews

An open support ticket or compliance flag can delay closure — resolve these first rather than submitting a closure request while they're unresolved.

Step 4: Submit the Closure Request

Use the account closure option in settings, or contact support directly if a self-service path isn't available for your account.

Data Retention

Trading and transaction records are typically retained for a regulatory-defined period even after the account is closed, regardless of your deletion request.

Reopening Later

Re-registration policies after closure can vary and change over time. Don't assume you can simply sign up again immediately with the same identity.

Double-Check Margin Is Fully Released First

Because the Unified Trading Account pools collateral, it's easy to assume a position is closed when only part of it is — check that your available balance actually matches your total balance before submitting closure, since any remaining allocated margin will block the request.