How to buy Ethereum on Bybit: a step-by-step guide for the EU

You can buy Ethereum on Bybit in the EU through Bybit EU, the company that holds Bybit’s MiCA licence in Austria. You sign up at bybit.eu, verify your identity, deposit euros and buy ETH with a spot order on the ETH/EUR market, which costs 0.25% at the entry tier: €0.25 on €100, or €2.50 on €1,000.

We checked Bybit EU’s fee announcement, help centre and public market data on 23 October 2026. We haven’t bought ETH on Bybit ourselves, so this guide describes each step by what it does rather than by button names, which can change. Crypto prices are volatile, and you can lose all the money you put in.

Can you buy Ethereum on Bybit in the EU?

Yes. Residents of the European Economic Area are served by Bybit EU GmbH in Vienna, which Austria’s Financial Market Authority (FMA) authorised under MiCA, the EU regulation on crypto assets, on 28 May 2025. The licence is passported across the EEA, including the Netherlands, Germany, Belgium and Ireland, but Malta is excluded.

Ethereum is listed on the EU platform. Bybit EU’s public spot API showed three ETH markets trading on 23 October 2026: ETH/EUR, ETH/USDC and ETH/PLN. The ETH/EUR market has a minimum order value of €1, so you can start with a small amount and buy a fraction of one ETH.

Two points to check first:

• Use bybit.eu, not bybit.com. The global Bybit website is a different company, known for derivatives, and it isn’t the one holding the EU licence.
• Check your nationality. Bybit EU doesn’t accept nationals of the US, Malta, Russia and several other jurisdictions, or stateless persons. US persons are excluded from global Bybit too.

Bybit EU is a centralized exchange that operates under EU regulations: it holds the crypto assets in your Bybit account until you withdraw them. Since 1 July 2026 only MiCA-licensed firms may offer crypto services in the EU.

What you need before you start

To buy ETH on Bybit EU you need four things, and the whole process takes about 20 to 30 minutes plus the time your deposit takes to arrive:

• a valid government ID, such as a passport or national identity card, and a phone camera for the selfie;
• a payment method: a bank account in your own name for a SEPA transfer, or a Visa or Mastercard card, Apple Pay or Google Pay;
• an authenticator app for two-factor authentication;
• a plan for where you will keep the ETH afterwards (see below).

How to buy Ethereum on Bybit, step by step

Buying ETH on Bybit EU takes five steps, from opening a Bybit account to moving the coins into storage you control.

Bybit EU also offers One-Click Buy and card purchases for buying crypto without placing an order in the order book. Their fees are shown only after you log in, so compare that quote with the 0.25% spot fee before you confirm.

Bybit EU’s spot API listed no ETH/USDT (tether) market on 23 October 2026, and its fiat currencies are EUR and PLN, so EU buyers trade ETH/EUR or ETH/USDC.

Spot trading on Bybit: market order or limit order?

For most first buys a market order is the best way to trade: it fills straight away at the best prices in the order book. A limit order lets you set the highest price you will pay, but it only fills if the market reaches that price. The difference is speed versus control over the price.

Since 5 October 2026 Bybit EU has charged one 0.25% rate for both order types below 100,000 USDC of 30-day volume. So, unlike on Kraken Pro or Coinbase Advanced, a limit order doesn’t lower your trading fee on this exchange:

• Market order: quick and simple, but in a fast-moving market you can pay slightly more than the last price you saw. This is called slippage.
• Limit order: you choose the price, and the order waits in the order book until it fills or you cancel it.

You could also convert euros to USDC, a US dollar stablecoin, and buy on the ETH/USDC market, but that is two trades and two 0.25% fees. Buying ETH directly with euros on ETH/EUR is cheaper: €0.25 on €100 instead of €0.50.

How much does it cost to buy Ethereum on Bybit?

Buying ETH on Bybit EU with a SEPA deposit and a spot order costs 0.25% of the order value at the entry tier. On €100 that is €0.25; on €1,000 it is €2.50. The rate falls to 0.15% for higher-volume users, but most users buying €100–1,000 stay on the entry tier.

These are the costs of buying crypto on Bybit EU that we can verify, with “not published” where Bybit EU shows a fee only after you log in:

Cost	€100 buy	€1,000 buy
SEPA deposit (Bybit EU fee)	€0.00	€0.00
Spot trade on ETH/EUR (0.25%)	€0.25	€2.50
Card, Apple Pay or Google Pay top-up	Not published	Not published
One-Click Buy or card purchase	Not published	Not published
ETH withdrawal to your own wallet	Not published	Not published
Known total (SEPA plus spot order)	€0.25	€2.50

So €100 sent by SEPA buys about €99.75 worth of ETH, and €1,000 about €997.50, before the small spread between the best buy and sell price. For comparison, a €1,000 market order at entry-tier rates costs €8.00 on Kraken Pro and €12.00 on Coinbase Advanced. Our Bybit fees page lists every cost we track.

Where to keep ETH: your Bybit account or your own wallet

You can leave ETH in your Bybit account or move it to a wallet you control. For larger, long-term holdings, a wallet of your own removes the exchange risk, but it also makes you responsible for your keys.

The risk is real: on 21 February 2025 about $1.5bn in ETH was stolen from Bybit’s wallets, and the FBI attributed the theft to North Korea. Bybit EU publishes a Merkle-tree proof of reserves (latest snapshot 23 September 2026), but that shows holdings on one day and is not insurance. Crypto is not covered by any deposit guarantee scheme.

Your options:

• Leave it on Bybit EU: easiest if you trade often, but you rely on the exchange’s security.
• A software wallet on your phone: you hold the private keys, but the wallet is online.
• A hardware wallet: keeps your keys offline, the most secure option for larger amounts.

Our glossary entry on self-custody explains what holding your own keys involves, and wallet types compares the options.

Before you withdraw: network, test transfer and travel rule

Check three things before you withdraw ETH from Bybit EU:

• The network. ETH can be sent on more than one network. Pick the one your receiving wallet supports, or the coins may not arrive.
• A test transfer. Send a small amount first, check that it arrives, then send the rest.
• The travel rule. To comply with EU rules, exchanges must pass on sender and receiver details with crypto transfers. If you send more than €1,000 to your own self-custody wallet, Bybit EU must check that the wallet belongs to you, for example with a signed message or a small test transaction.

Can you stake ETH on Bybit EU?

Bybit EU offers ETH in its Earn section, but its products work differently from staking on the Ethereum network itself. Its Reward Services FAQ, last updated 29 July 2026, names bitcoin (BTC), ETH and USDC among the supported coins and describes two types:

• Flexible Term: no lock-up, so you keep liquidity and can request redemption at any time. The rate floats with market conditions and the displayed rate is an estimate.
• Fixed Term: your coins are locked for a set period with fixed redemption dates. Bybit EU says these yields come from savings, meaning loan activities, so your ETH is lent out and you depend on borrowers and the platform paying it back.

You need at least standard identity verification to use them, and returns are paid in tokens whose euro value can fall sharply. We don’t quote rates, because they change and are estimates.

Common mistakes when buying crypto on Bybit

Most costly mistakes on Bybit EU come from rushing a step:

1. Signing up on bybit.com. EU residents should use bybit.eu, the MiCA-licensed company.
2. Paying two trading fees. Buying USDC first and then ETH doubles the fee; trade ETH/EUR directly.
3. Not checking convenience fees. One-Click Buy and card purchase fees appear only after you log in.
4. Mixing up spot and margin. Bybit EU offers spot margin, which means trading with borrowed money. Most retail traders who use leverage lose money, and a liquidation costs a 2% fee.
5. Skipping the test withdrawal. A wrong address or network can mean the coins are gone for good.
6. Trusting “support” messages. Contact Bybit EU customer support only through its own help centre.

Taxes on Ethereum in the Netherlands and Germany

For investors in the Netherlands, ETH counts towards your box 3 assets: for 2026, tax is based on a fixed notional return of 6.00% on what you hold on 1 January, taxed at 36% above an allowance of €59,357 per person. In Germany, gains on crypto held for more than one year are currently tax-free under the private-sale rules; plans to change this from 2027 have been reported but were not law on 23 October 2026. Keep a record of every buy and sell.

Alternatives to Bybit for buying ETH

If Bybit’s track record puts you off, two other MiCA-licensed exchanges list ETH in euros:

• Kraken: licensed by the Central Bank of Ireland, 0.40% maker and 0.80% taker on Kraken Pro. See how to buy Ethereum on Kraken.
• Coinbase: licensed in Luxembourg and simple to use, but 0.60% to 1.20% on Coinbase Advanced. See how to buy Ethereum on Coinbase.

Binance has no MiCA licence and has stopped serving new EU users, so we don’t recommend it to EU residents.

The bottom line and next steps

Bybit EU is one of the cheapest licensed ways to buy Ethereum in the EU: a flat 0.25%, €2.50 on €1,000, with free SEPA deposits. The catch is the group’s record, including the 2025 hack, and withdrawal fees you only see after you log in. Read our Bybit review before you sign up, and only invest money you can afford to lose.