Success Story

How CrypVA Resolved a European Trader’s Bybit Withdrawal Issue

The Challenge: Profits Stuck in Compliance Review

Luca, a day trader from Milan, Italy, successfully grew his €35,000 portfolio trading BTC perpetual contracts on Bybit. When attempting to withdraw €12,000 in profits, his transaction was halted for “additional compliance checks.” Despite submitting all required documents, including bank statements and source of funds documentation, his case remained unresolved for weeks.

Bybit’s support responded with: “Your withdrawal is undergoing routine security review.” Meanwhile, Luca needed these funds for a property down payment. European crypto forums revealed similar cases taking 2-3 months to resolve, with some funds never released.

The Verdict: A Lifesaver for Crypto Traders

CrypVA understood exactly what Bybit’s compliance team needed to see. What looked like a hopeless situation turned into a smooth withdrawal process once the right documents were presented the right way.

– Luca.

The Solution: How CrypVA Secured Luca’s Withdrawal

Our team implemented a targeted strategy:

✔️ Compliance Documentation Audit – Identified missing trade history explanations in his submission
✔️ Withdrawal Pattern Analysis – Created a clear timeline showing legitimate trading activity
✔️ Regulatory Leverage – Highlighted Bybit’s obligations under EU’s MiCA preliminary guidelines
✔️ Direct Channel Escalation – Accessed Bybit’s financial compliance team through proper channels

Within 5 business days, Luca’s withdrawal was processed in full.

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