Where is Bybit Allowed: Complete Country Guide 2025 November, 2025
Planning to trade on Bybit but unsure if it's allowed in your country? This comprehensive guide reveals exactly where Bybit operates legally in 2025. With 70 million users across 160 countries and $36 billion in daily trading volume, Bybit ranks as the world's second-largest cryptocurrency exchange—but it's not available everywhere. Discover which countries have full access to Bybit's trading platform, where the exchange faces restrictions, and why 15 jurisdictions including the United States, United Kingdom, and China have banned the platform entirely. We've compiled the latest regulatory data, traffic statistics, and regional breakdowns to help you determine if Bybit works in your location.
Written by Nikolas Sargeant
Where is Bybit Allowed: Complete Country Guide 2025
Bybit operates in 160 countries worldwide, making it one of the most accessible cryptocurrency exchanges globally. However, 15 jurisdictions face complete restrictions due to regulatory and sanction-related policies. Read our comprehensive Bybit review for an in-depth analysis of the platform's features, fees, and security.
Which Countries Allow Bybit Trading in 2025?
Bybit serves over 70 million users across 160 countries as of 2025. The exchange processes daily trading volumes exceeding $36 billion, ranking as the world's second-largest cryptocurrency exchange by trading volume.
If your country is supported, you can create a free Bybit account here and start trading with up to $30,000 in welcome bonuses for new users.
Bybit Availability by Region: Complete Breakdown
| Region | Countries Supported | Key Statistics |
|---|---|---|
| Europe | 25+ of 30 EEA countries | MiCA compliance in progress, 7.2% market share Q1 2025 |
| Asia Pacific | South Korea, Japan, India, Southeast Asia | 15%+ combined traffic from Japan & South Korea |
| Middle East & Africa | Most MENA countries | $33.5B first-year trading volume, Dubai HQ |
| Americas | Brazil, Argentina, other South American nations | 2.91% traffic from Brazil, growing adoption |
| Oceania | Australia and Pacific nations | Full card availability, strong crypto adoption |
Asia Pacific: Bybit operates extensively across the region, with major user bases in South Korea (7.95% of traffic), Japan (5.24%), and throughout Southeast Asia. The exchange opened its first European office in the Netherlands in 2023.
Europe: The platform operates in over 25 of 30 European Economic Area (EEA) countries. Bybit holds regulatory compliance in multiple EU markets and is actively pursuing a MiCA license to expand its European presence further.
Middle East & Africa: Dubai serves as Bybit's global headquarters since April 2023, located at One Central, Dubai World Trade Center. The exchange generated $33.5 billion in trading volume in the MENA region within its first year of operations.
Americas: Bybit operates in Brazil (2.91% of traffic) and other South American countries. The platform processes fiat on-ramps in approximately 140-150 countries through various payment methods including SEPA, SWIFT, and Zen.com.
Ready to get started? If you're in one of the 160 supported countries, sign up for Bybit here to access spot trading, derivatives, and exclusive welcome rewards.
Top 5 Countries Using Bybit by Traffic Volume
| Rank | Country | Traffic Share | User Base Characteristics |
|---|---|---|---|
| 1 | Russia | 34.27% | Highest engagement, active derivatives trading |
| 2 | Ukraine | 8.51% | Strong crypto adoption, growing market |
| 3 | South Korea | 7.95% | Tech-savvy users, high trading volume |
| 4 | Japan | 5.24% | Regulated interest, institutional presence |
| 5 | Brazil | 2.91% | Emerging market leader in South America |
According to Similarweb data, these five countries represent over 55% of Bybit's total web traffic, demonstrating concentrated adoption in high-crypto-adoption markets.
Want to learn more about Bybit's features? Check out our detailed Bybit exchange review covering trading fees, security measures, and supported cryptocurrencies.
Where is Bybit Banned? Complete List of Restricted Countries
Bybit restricts access in 15 regions as stated in Section 12.3 of its Terms of Service:
Full List of Countries Where Bybit is Not Allowed
| Region | Restricted Countries | Reason for Restriction |
|---|---|---|
| North America | United States, Canada | SEC regulations, licensing requirements |
| Europe | United Kingdom, France | FCA restrictions, regulatory scrutiny |
| Asia | China, Hong Kong, Singapore | Government bans, MAS hostility |
| Sanctioned Territories | North Korea, Cuba, Iran, Syria, Sudan | International sanctions compliance |
| Conflict Zones | Sevastopol, Crimea, Donetsk, Luhansk | Russian-controlled Ukrainian regions |
| Other | Uzbekistan | Regulatory restrictions |
North America: United States, Canada (including Quebec and Ontario specifically)
Europe: United Kingdom, France (exited August 2024)
Asia: Mainland China, Hong Kong, Singapore
Sanctioned Regions: North Korea, Cuba, Iran, Syria, Sudan, Sevastopol, Uzbekistan, Russian-controlled regions of Ukraine (Crimea, Donetsk, and Luhansk regions)
Countries With Partial Bybit Restrictions
| Country | What's Available | What's Restricted | Reason |
|---|---|---|---|
| Netherlands | Spot trading, crypto loans, earn products | Derivatives trading | Local regulations |
| Nigeria | Crypto-to-crypto trading | Fiat deposits/withdrawals | Payment restrictions |
| Venezuela | Crypto trading | Fiat transactions | Banking limitations |
| Serbia | Crypto trading | Fiat on/off ramps | Regulatory constraints |
Bybit Regulatory Licenses: Where is the Exchange Registered?
Bybit holds multiple regulatory licenses across major markets:
| Jurisdiction | License Type | Status | Date Obtained |
|---|---|---|---|
| Dubai (VARA) | VASP Provisional Approval | Active | September 2024 |
| British Virgin Islands | Corporate Registration | Active | 2018 |
| India (FIU) | AML/CFT Registration | Active | 2024 |
| Austria | EU Operations Base | Active | 2024 |
| EU (MiCA) | Full License | Application Pending | TBA |
- Dubai: Provisional (Non-Operational) Approval from VARA (Virtual Assets Regulatory Authority) as of September 2024
- British Virgin Islands: Registered as Bybit Fintech Limited
- India: Registered with the Financial Intelligence Unit (2024)
- Austria: Established EU headquarters in Vienna (2024)
Bybit Trading Volume Statistics
| Metric | Value | Timeframe |
|---|---|---|
| Average Daily Volume | $25-36 billion | 2024-2025 |
| Peak Daily Volume | $100 billion | August 2024 |
| Trading Per Second (TPS) | 800,000 orders | Current capacity |
| Market Share Growth | 8% → 16% | 2024 |
| Global Ranking | #2 by volume | 2025 |
The exchange processed daily trading volumes that peaked at $100 billion in August 2024—a fourfold increase from its average daily volume of $25 billion. The platform maintains a Trading Per Second (TPS) capacity of 800,000.
For a complete breakdown of Bybit's trading options, fee structure, and platform comparison with competitors, see our full Bybit review.
Why Can't I Use Bybit in My Country? Understanding Restrictions
| Restriction Type | Explanation | Affected Countries |
|---|---|---|
| Regulatory Compliance | Countries requiring specific licenses Bybit doesn't hold | US, UK, Singapore |
| Licensing Requirements | Jurisdictions where obtaining licenses is prohibitively expensive | Canada, France |
| International Sanctions | Compliance with US, EU, and UK sanctions lists | North Korea, Iran, Cuba, Syria |
| Political Instability | Areas with economic or security concerns | Russian-occupied Ukraine regions |
Bybit restricts access in certain jurisdictions due to:
- Regulatory Compliance: Countries with strict cryptocurrency laws requiring specific licenses the exchange doesn't hold
- Licensing Requirements: Regions where obtaining operational licenses involves significant resources
- International Sanctions: Compliance with U.S. Treasury Department, EU, and UK sanctions lists
- Political Instability: Areas with economic or political uncertainty
Verification Requirements
Since March 2023, Bybit implemented mandatory KYC (Know Your Customer) verification. Users must verify their identity with government-issued documents from supported countries to:
- Execute trades
- Withdraw funds
- Access full platform features
Using VPNs to bypass restrictions violates Bybit's Terms of Service and can result in account suspension or permanent ban.
For eligible users: The verification process takes just a few minutes. Create your Bybit account now and complete KYC to unlock full trading access and welcome bonuses.
Best Bybit Alternatives for Restricted Countries
If you're in a restricted region, consider these regulated alternatives. For a detailed comparison of how these exchanges stack up against Bybit, visit our Bybit exchange review.
| Your Country | Recommended Exchange | Regulatory Body | Key Features |
|---|---|---|---|
| United States | Kraken | FinCEN registered | Full US compliance, fiat on-ramps |
| United Kingdom | Kraken | FCA authorized | GBP deposits, regulated operations |
| Canada | Kraken | FINTRAC registered | CAD support, provincial compliance |
| Singapore | Coinhako, Independent Reserve | MAS licensed | Local regulation, SGD pairs |
| European Union | Coinbase, Bitstamp | MiCA compliant | Euro support, EU-wide access |
| Australia | CoinSpot, Swyftx | AUSTRAC regulated | AUD pairs, local support |
Bybit also created ApeX, a decentralized exchange for derivatives traders requiring only a crypto wallet, making it accessible worldwide.
Will Bybit Expand to More Countries? Future Plans
Bybit continues pursuing regulatory approvals to expand its reach. The exchange is actively seeking:
| Target Region | License Type | Status | Expected Impact |
|---|---|---|---|
| European Union | MiCA full license | In progress | All 27 EU member states access |
| Hong Kong | SFC trading license | Exploring | Re-entry to major Asian market |
| Additional Asia | Various national licenses | Under review | Expanded APAC presence |
The platform's market share increased from 8% to 16% throughout 2024, demonstrating significant growth potential despite regulatory challenges.
Quick Reference: Bybit Availability Summary
| Statistic | Value |
|---|---|
| Countries Available | 160 |
| Countries Restricted | 15 |
| Total Users | 70 million |
| Daily Trading Volume | $36+ billion |
| Verification Required | Yes (mandatory KYC since March 2023) |
| Headquarters Location | Dubai, UAE (since April 2023) |
| European Expansion | MiCA license pending |
| Can VPN Bypass Work? | No (KYC verification required) |
Always verify your country's eligibility directly through Bybit's official website or contact their 24/7 customer support before attempting to register.
Start Trading on Bybit Today
If your country is among the 160 supported regions, you can join 70 million users worldwide on the world's second-largest crypto exchange. Before signing up, you may want to read our independent Bybit review for expert analysis of the platform.
Create Your Free Bybit Account →
New users receive:
- ✅ Up to $30,000 in welcome bonuses
- ✅ Access to 1,700+ cryptocurrencies
- ✅ Trading with up to 100x leverage
- ✅ 24/7 customer support in 18+ languages
- ✅ Advanced trading tools and AI assistant
The signup process takes less than 2 minutes. KYC verification required for full access.