Bybit Supported Countries and Restricted Zones Explained

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Bybit is available in most countries, but there are some exceptions.

Bybit is restricted in the following countries: Afghanistan, Belarus, Bosnia and Herzegovina, Burundi, Central African Republic, Democratic Republic of the Congo, Eritrea, Iran, Iraq, Libya, Mali, North Korea, Somalia, South Sudan, Sudan, Syria, Yemen, and Zimbabwe.

Supported Countries

Bybit operates in over 160 countries worldwide, making it a global platform for cryptocurrency trading.

The platform supports trading for over 1,650 cryptocurrencies and offers fiat on-ramps in approximately 140-150 countries.

Bybit's largest user bases are found in Russia, Ukraine, and South Korea, with Russia accounting for 34.27% of web traffic.

Ukraine and South Korea follow closely, with 8.51% and 7.95% of web traffic respectively.

Japan and Brazil also have significant user bases, with 5.24% and 2.91% of web traffic respectively.

Bybit's global reach and strong engagement in high crypto adoption markets make it a popular choice for cryptocurrency traders.

Geographic Regions

Bybit is available in many countries around the world. It supports local currencies in some Asian countries like Vietnam, the United Arab Emirates, and Hong Kong.

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Bybit has a significant presence in Europe, operating in over 25 European Economic Area (EEA) countries. It has a fully licensed digital asset exchange in Kazakhstan, and is authorized to provide crypto exchange and custody services in Cyprus. Bybit is also registered as a Virtual Asset Service Provider (VASP) in Georgia.

Here are some of the countries where Bybit is available:

  • Japan
  • South Korea
  • Malaysia
  • Thailand
  • Vietnam
  • United Arab Emirates
  • Germany
  • Netherlands

Bybit is not available in all countries, however. It has restrictions in Singapore, mainland China, and Hong Kong due to regulatory constraints.

Asia

Bybit serves many Asian countries, including Japan, South Korea, Malaysia, Thailand, and Vietnam. It supports local currencies like the Vietnamese Dong (VND), United Arab Emirates Dirham (AED), and Hong Kong Dollar (HKD) through P2P trading.

Japan and South Korea have the largest user bases in Asia, with 7.95% and 5.24% of web traffic data, respectively.

Bybit is available in East Asia, supporting countries like Japan, South Korea, Taiwan, and Hong Kong. However, mainland China is an exception due to its ban on cryptocurrency.

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India is included on the list of countries Bybit supports in South Asia. This region also includes Malaysia, Indonesia, the Philippines, and Thailand, where users can freely use Bybit.

Singapore is an exception in Southeast Asia, as it imposes rigid cryptocurrency regulations, making it difficult for users to access Bybit.

The United Arab Emirates, being the home of Bybit's HQ in Dubai, offers flexible access to the platform for UAE traders.

Cryptocurrency adoption rates in Asia are booming, and we can expect hopeful changes in the continent's regulatory landscape in the following years.

Is Europe?

Europe is a great place to use Bybit, with the platform available in over 25 EEA countries. Bybit has a strong presence in the Netherlands, where it's the #2 largest exchange, and it's also popular in Germany, being the third most popular exchange.

Bybit has recently opened an office in Amsterdam, which is a big deal for the platform. The exchange is also expanding its partnership to provide trading convenience for EU crypto enthusiasts.

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You can use Bybit in many European countries, including Poland, Croatia, Bulgaria, Denmark, Sweden, Hungary, and the Czech Republic, where Mastercard holders get to enjoy waived foreign exchange (FX) fees. Bybit has a lot in store for Europe, with a unified regulatory framework in place through the MiCa license.

Bybit has a significant portion of its 40 million user base from the EU, and it's now pursuing a MiCa license to operate legally across all EEA nations. This move will allow Bybit to establish a fully compliant presence in Europe's regulated crypto market.

Expand your knowledge: Bitstamp Europe

Connect to a Server

Connecting to a server is a crucial step in accessing Bybit's services. You can choose a server in a country where Bybit is allowed, such as Australia, Japan, Brazil, or Mexico.

For the best speeds, it's a good idea to select a server close to your physical location. For example, if you're in the U.S., choose a Mexican server.

Once connected, your IP address will appear as if you're in the chosen country. This is what allows you to access Bybit's services as if you were physically there.

Specific Countries

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Bybit operates in over 160 countries worldwide, making it accessible to a vast global audience.

Bybit's largest user bases are in Russia, Ukraine, and South Korea, with Russia accounting for 34.27% of users.

Australia is one of the Bybit-supported countries, with a surge of cryptocurrency adoption among individuals and businesses dating back to the early 2010s. The Australian government has implemented friendlier regulations toward crypto and blockchain technology.

Bybit is not available in Canada, as it was forced to leave the market due to new guidance related to stablecoins and investor limits in 2023.

The US is not on the list of Bybit-supported countries, with no confirmation of a Bybit USA platform.

Recommended read: China Support Russia

Restricted Countries

Bybit is a global cryptocurrency exchange that strives to be accessible to users worldwide. However, there are certain countries where regulatory constraints limit its services.

The United States is one of the restricted countries due to regulatory frameworks set by the Securities and Exchange Commission (SEC). ByBit does not operate in the US, but there are alternative exchanges available, such as Kraken, which offers leverage trading with a maximum ratio of up to 5x.

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Mainland China, Singapore, Quebec, and Ontario in Canada are also restricted from using ByBit's services. Additionally, users from North Korea, Cuba, and Iran are not allowed to use ByBit due to international sanctions and regulatory constraints.

If you're an American trader interested in leverage trading, Kraken is a great alternative to ByBit. It's just as secure and extensive as ByBit, with a maximum leverage ratio of up to 5x.

ByBit also complies with international sanction requirements and does not offer services to individuals or entities on sanction lists. This includes the US Treasury Department's List of Specially Designated Nationals or Blocked Persons, the EU's Consolidated Financial Sanctions List, and the UK Sanctions List.

Here's a list of restricted countries:

  • United States
  • Mainland China
  • Singapore
  • Quebec and Ontario in Canada
  • North Korea
  • Cuba
  • Iran
  • Uzbekistan
  • Certain areas in Ukraine

Frequently Asked Questions

Why does Bybit not work in the US?

Bybit is not available in the US due to regulatory issues, as it failed to meet financial laws and requirements. This ban affects US-based users who relied on Bybit for trading activities.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

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