Troubleshooting: Errors When Submitting Cryptocurrency Deposit Recovery Requests

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Losing access to your cryptocurrency deposit due to a missing tag or memo can be frustrating — but solutions exist. Bybit now offers a self-service recovery option for users who failed to include a required deposit tag (also known as Memo) when transferring assets like XRP, EOS, XLM, and others. This streamlined process is designed to resolve issues faster than traditional manual support, giving users more control over reclaiming their funds.

However, if you encounter an error while submitting a recovery request through the self-service portal, don’t worry. This guide walks you through the correct steps to escalate your case, provide necessary verification, and increase your chances of successful fund retrieval.

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Why Deposit Tags Matter

Certain blockchains require a tag or memo — a unique identifier — to ensure funds are credited to the correct user account. Without it, even if the cryptocurrency reaches the exchange’s wallet, your individual balance won’t reflect the deposit.

While Bybit supports automated recovery for most cases, technical limitations may trigger errors during submission. In such instances, switching to a formal support ticket is essential.

Key Things to Know Before Proceeding

For general questions about deposits, visit Bybit’s Cryptocurrency Deposit FAQ.


Step-by-Step Guide to Submitting a Recovery Request

When the self-service tool fails, follow this structured approach to file a successful appeal.

Step 1: Contact Customer Support Immediately

If you receive an error when attempting recovery:

  1. Use live chat support to report the issue.
  2. Ask the agent to check the status of your transaction and, if possible, freeze any associated funds to prevent irreversible distribution.
  3. Obtain confirmation that your case is under review before proceeding.

Timely intervention increases the likelihood of fund recovery, especially in edge cases involving high-value transfers.


Step 2: Submit the Correct Support Form

Depending on your situation, choose the appropriate webform:

⚠️ Selecting the wrong form may delay processing. Always match your submission to the specific error encountered.

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Step 3: Determine Your Case Level & Provide Verification

Recovery requests are categorized into three levels based on deposit value. Higher-value cases require more rigorous verification.

Case Level Classification

CurrencyLevel 1Level 2Level 3
XRP, EOS, XLM, XEM, XYM, RUNE, HBAR, STX, SOLO, WAXP, TON, or others< $1,000≥ $1,000≥ $100,000

Required Verification by Level

ItemRequirementLevel 1Level 2Level 3
1Transaction Hash (TXID) or Blockchain URLRequiredRequiredRequired
2Screen Recording of Withdrawal ProcessRequiredRequiredRequired
3Additional Deposit ≥ $15 (same coin)Not RequiredRequiredRequired
4ID Document + Selfie with NoteNot RequiredNot RequiredRequired
5Error Screenshot (if rejected)Only if self-recovery failed

Detailed Verification Requirements

1. Transaction Hash (TXID)

Provide the full 64-character TXID from your original withdrawal. Do not include URLs — just the hash.

Ensure accuracy by referring to:
How to Retrieve the Correct Deposit TxID

This step is critical — an incorrect TXID will invalidate your claim.


2. Screen Recording (All Levels)

Record a clear video showing:

  1. Successful login to your sending platform (e.g., Exchange A).
    (You may pre-enter credentials; biometric or 2FA verification is acceptable.)
  2. Navigation to the withdrawal history page.
  3. Display of all transaction details: amount, coin type, timestamp, and TXID.
  4. Clicking the block explorer link to verify on-chain data.
    (If unavailable, state “No blockchain link” in your submission.)

Keep the recording focused and well-lit for faster processing.


3. Additional Deposit (Levels 2 & 3 Only)

To verify ownership, make a new deposit of the same cryptocurrency, worth at least $15 USD equivalent, using the correct tag/memo this time.

Then update your screen recording to include:

This proves control over the originating wallet.


4. ID Verification (Level 3 Only)

For deposits over $100,000, enhanced identity checks apply:

Required Documents:

Selfie with Handwritten Note:

Take a photo holding:

Your face must be clearly visible and match the ID photo.


5. Error Screenshot (If Applicable)

If your self-service request was rejected:

  1. Capture a full-screen image of the error message.
  2. Include URL and timestamp if possible.
  3. Attach it directly to your support ticket.

This helps agents diagnose technical issues quickly.


Frequently Asked Questions (FAQ)

Q: Can I recover my funds if I forgot the memo?
A: Yes, in most cases — provided the request is submitted within 75 days and meets verification requirements.

Q: How long does recovery take?
A: Processing times vary by case level — typically 3–10 business days after submitting complete documentation.

Q: Why do I need to make another deposit?
A: For mid-to-high-value cases, a new tagged deposit verifies wallet ownership and reduces fraud risk.

Q: What happens if my TXID is wrong?
A: The request will be denied. Always double-check using your exchange’s withdrawal history or blockchain explorer.

Q: Is there a fee to recover my funds?
A: Yes — five times the standard withdrawal fee for that asset will be deducted from the recovered amount.

Q: Can I use someone else’s wallet for verification?
A: No. All evidence must originate from the same wallet used in the original transaction.

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By following these guidelines carefully, you significantly improve your chances of recovering lost deposits due to missing tags or memos. Always act quickly, provide accurate information, and use trusted platforms that prioritize user security and transparency.