Summary: Bybit is an internationally accessible cryptocurrency trading platform, is operational in numerous locations, including various European countries, American, Asian and Middle East regions. However, its services are unavailable in certain jurisdictions like the United States due to regulatory limitations. It is the most widely adopted exchange in the world, with over 160 countries able to use its services.

Table of Contents

What Countries does Bybit Support? 

‍Bybit offers its services globally, with certain regional exclusions primarily due to regulatory constraints. It is accessible in many countries, providing a platform for trading over 1000 cryptocurrencies. This geographic availability ensures compliance while catering to a broad international user base, making Bybit a key player in the global crypto trading landscape. Users are always advised to check the latest availability status directly on the platform or through official communications to ensure compliance with their local regulations.

Which Countries are Blocked by Bybit? 

There are specific countries where Bybit’s services are either limited or unavailable due to regulatory constraints. Here is a detailed summary of Bybit’s geographical restrictions, offering valuable information for international traders: 

  • North America: The United States & Canada. 
  • Asia: Singapore, Mainland China, North Korea, Iran, Uzbekistan, Russia, Ukraine, Crimea & Syria.
  • Europe: The United Kingdom & Russian-controlled regions of Ukraine (Crimea, Donetsk, and Luhansk).
Bybit: Restricted Countries.
Bybit: Restricted Countries.

Bybit Available Languages and Currencies 

As a global digital asset trading platform, Bybit supports 19 languages, which include English, Indonesian, Spanish, Filipino, Portuguese, Vietnamese, Turkish, Thai, Russian, Czech, Arabic, Japanese, Cantonese, Mandarin, Hindi, Kazakh, and Ukrainian. It also accepts deposits in a wide range of fiat currencies which are highlighted below:

  • North America: United States Dollar (USD), Canadian Dollar (CAD) & Mexican Peso (MXN).
  • South America: Argentine Peso (ARS), Brazilian Real (BRL), Chilean Peso (CLP) & Colombian Peso (COP).
  • Europe: British Pound Sterling (GBP), Bulgarian Lev (BGN), Belarusian Ruble (BYN), Czech Koruna (CZK), Danish Krone (DKK), Georgian Lari (GEL), Hungarian Forint (HUF), Norwegian Krone (NOK), Polish Zloty (PLN), Romanian Leu (RON), Serbian Dinar (RSD), Russian Ruble (RUB), Swedish Krona (SEK), Swiss Franc (CHF) & Ukrainian Hryvnia (UAH)
  • Asia: United Arab Emirates Dirham (AED), Azerbaijani Manat (AZN), Bangladeshi Taka (BDT), Egyptian Pound (EGP), Hong Kong Dollar (HKD), Indonesian Rupiah (IDR), Israeli New Shekel (ILS), Indian Rupee (INR), Jordanian Dinar (JOD), Japanese Yen (JPY), Kyrgyzstani Som (KGS), Kuwaiti Dinar (KWD), Kazakhstani Tenge (KZT), Sri Lankan Rupee (LKR), Malaysian Ringgit (MYR), Nepalese Rupee (NPR), Omani Rial (OMR), Pakistani Rupee (PKR), Philippine Peso (PHP), Qatari Riyal (QAR), Saudi Riyal (SAR), Singapore Dollar (SGD), Tajikistani Somoni (TJS), Thai Baht (THB), New Taiwan Dollar (TWD), Uzbekistani Som (UZS) & Vietnamese Dong (VND).
  • Africa: Ghanaian Cedi (GHS), Kenyan Shilling (KES), Nigerian Naira (NGN) & South African Rand (ZAR).
  • Oceania: Australian Dollar (AUD) & New Zealand Dollar (NZD).

Where is Bybit Regulated? 

Bybit is registered in the British Virgin Islands, but its regulatory compliance in various countries is not as extensive as some traditional financial exchanges. Traders should exercise caution and be cognizant of the regulatory landscape in their respective countries before trading on Bybit. The platform is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe.

Final Thoughts 

In conclusion, Bybit has become a leading cryptocurrency derivatives trading platform on the international stage. Known for its intuitive interface and is available in several countries around the world, predominantly catering to cryptocurrency traders. However, prospective traders should take note of the geographical limitations that Bybit imposes due to regulatory considerations. Notably, the United States and some other regions cannot access its services.