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Key Takeaways

  • Bybit is one of the most popular crypto exchanges in the world, expanding its map to 160+ countries across Asia Pacific, Europe, the Middle East, Africa, and South America;
  • Can you use Bybit in the US? Unfortunately, there is no Bybit USA at the moment, as strict crypto regulations make it impossible for now;
  • Bybit-restricted countries include regions where cryptocurrency is generally scrutinized, like the UK, and territories like Russian-controlled parts of Ukraine.

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Bybit Restricted Countries: Where Is It Available?

You've just discovered Bybit's competitive fees and extensive derivatives market, only to find out your country is on the list of Bybit-restricted countries. Isn’t it frustrating?

Bybit supports 160+ countries worldwide, so there's a chance you're in the clear. But it doesn't yet cover all countries, and access isn't always black and white. Also, depending on where you live, you may have full access, limited fiat options, or no access at all.

Before you sign up or move your funds over, find out where Bybit operates and where it doesn't. This way, you don't get heartbroken halfway through setting up your account. In this guide, I’ll break it all down.

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Bybit Supported & Restricted Countries: Quick Overview

Bybit is one of the world's largest crypto exchanges, serving users across 160+ countries. However, the access isn't the same everywhere. It helps to know that Bybit operates on three levels of availability: some countries have full access, some have trading access but limited fiat options, and some are blocked entirely.

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What It Means

Examples

Fully Restricted

No account, trading, or access

US, Canada, China, Singapore, Dubai, UK*

Partial Access

Can trade crypto, but fiat deposit/withdrawal/certain features are limited or unavailable

Nigeria (NGN only), Russia (RUB only), Belarus (RUB only), Ghana, Nepal, Myanmar, Jamaica, etc.

Full Access

Can trade and perform fiat deposit/withdrawal via card, SEPA, etc.

Most of Europe, Japan, Australia, India, Brazil, South Korea, etc.

Table: Layers of Bybit's access

As of May 2026, 14 jurisdictions fall into the fully restricted category, including the US, Canada, Mainland China, Singapore, and Dubai. A larger group of countries sits in the partial access tier, as they can use Bybit for crypto trading but hit a wall when it comes to fiat.

The majority of Bybit's 160+ supported countries enjoy full access, particularly across Europe (via Bybit EU), Asia Pacific, and Latin America. Keep reading for the full country-by-country breakdown.

Fully Restricted Countries (No Access)

If your country is on this list, Bybit is completely off the table. These are the 14 jurisdictions officially named in Section 11.3 of Bybit's Service Agreement (last updated May 7, 2026) where no account creation, trading, or any other platform service is permitted.

The reasons generally fall into two buckets:

  • Regulatory non-compliance (countries where Bybit hasn't obtained or can't get the necessary licenses)
  • International sanctions (territories subject to US Treasury, EU, UN, UK, or UAE sanctions frameworks that Bybit is legally obligated to screen against).

Here’s a list of Bybit-restricted countries (or areas) and the possible reasons:

Reason

United States

Regulatory. SEC, CFTC, and FinCEN compliance requirements make it impossible for Bybit US customers to access the platform.

Canada

Regulatory. CSA rules require eliminating stablecoins and leveraged trading, with which Bybit declined to comply.

Mainland China

Regulatory. Cryptocurrency is broadly banned by the Chinese government.

Hong Kong

Regulatory. Hong Kong's Securities and Futures Commission (SFC) requires a VASP license that Bybit doesn’t hold.

Singapore

Regulatory. Monetary Authority of Singapore (MAS) restrictions.

Dubai (UAE)

Regulatory. Bybit holds a VARA license for institutional services only; retail access on bybit.com is blocked in the emirate itself.

North Korea, Cuba, Iran, Syria, Sudan, Uzbekistan, Sevastopol, and Russian-controlled Ukraine (Crimea, Donetsk, Luhansk)

Sanctions. These territories are subject to US Treasury, UN, EU, and/or UAE international sanctions, which Bybit is legally obligated to screen against.

Table: Bybit-restricted countries (or areas) and the possible reasons

Dubai is a new addition to this list that many old articles don’t mention. Despite Bybit being headquartered in the UAE, retail users within Dubai itself can't access the main Bybit platform. Moreover, Canada applies to the entire country now, not just Quebec and Ontario. Still, there’s good news for UK users because Bybit was officially reopened in December 2025.

That said, the question is no longer just "Is Bybit available in the US (or insert any country)?".

Being in a supported country doesn't automatically guarantee access. Bybit will deny access to any individual or entity appearing on the US Treasury's Specially Designated Nationals list, the EU's Consolidated Financial Sanctions List, or the UK Sanctions List.

If Bybit detects that a user in an excluded jurisdiction has manipulated their location (e.g., through IP geolocation, phone country code, KYC documents, or bank residency checks), the platform will immediately terminate the account and liquidate any open positions.

This can feel frustrating, especially since crypto regulations often change. There's no single authority for crypto management, so the government often interferes. A country that restricts Bybit today may allow it tomorrow and vice versa. Therefore, stay updated, as the team usually announces any changes to Bybit-supported countries through their official social media channels and email newsletters.

Partially Restricted Countries

Not every restriction is black and white. While the 14 jurisdictions above are blocked entirely, there's a much larger group of countries where you can create a Bybit account and trade crypto, but fiat services or payment methods are limited.

Users in this group can’t (or are limited to) making bank card deposits or withdrawals and one-click buying in a specific local currency or method. A few examples of how this plays out:

Russia

Fiat services limited to RUB only

Belarus

Fiat services limited to RUB only

Nigeria

Fiat services limited to NGN only

Ghana, Nepal, Myanmar, Jamaica, Lebanon, and others

General fiat services (deposit, withdrawal, one-click buy) are unavailable; crypto trading is still possible

Table: Countries with partially limited access on Bybit.

Fiat restrictions can vary depending on the specific payment method or service provider Bybit uses (e.g., SEPA, SWIFT, or local payment partners). If you're unsure whether your country falls into this category, check Bybit's official help center for the most current list.

Also, not all fully supported countries offer the same payment options for One-Click Buy. Visa and Mastercard are accepted in the majority of countries, while Apple Pay is limited to a smaller list, including Australia, Japan, Germany, France, and several others in Europe and Asia.

If your preferred payment method or fiat option isn't available where you live, you can work around it by depositing crypto you already own. For example, transfer USDT from another wallet or exchange to your Bybit wallet.

Where Is Bybit Available? (Fully Supported Countries)

Outside of the fully restricted and partially restricted lists above, Bybit is available in 160+ countries and regions worldwide, with full access to trading, fiat deposits, withdrawals, and One-Click Buy. Here's a regional breakdown of where you can use Bybit without any major limitations:

Key Supported Countries

Europe

Germany, France, Netherlands, Poland, Austria, Ireland, Norway, Sweden, Switzerland, Italy, Spain, Portugal, Greece, and most other EEA countries (served through Bybit EU under MiCA licensing)

United Kingdom

Available (re-opened December 2025 through a partnership with Archax)

Asia Pacific

Japan, South Korea, Australia, New Zealand, India, Indonesia, Malaysia, Philippines, Thailand, Taiwan

South Asia

India, Pakistan, Bangladesh

Central Asia & Caucasus

Kazakhstan, Georgia, Armenia, Azerbaijan

Middle East & Africa

UAE (outside Dubai), Bahrain, Kuwait, Oman, South Africa, Kenya

Latin America

Brazil, Mexico, Argentina, Chile, Colombia, Peru, Uruguay, Paraguay

Table: Countries with full access to Bybit

The UK was previously listed as restricted on many platforms, but it's been fully accessible again since late 2025. Meanwhile, Dubai is the exception within the UAE (the rest of the country has access, but Bybit blocks retail users physically located in the Dubai emirate due to local licensing requirements).

"Full access" doesn't always mean every single feature is available.

Some countries may have restrictions on specific products like derivatives or leveraged trading, separate from fiat or account access. If you're planning to use a specific feature, check Bybit's platform directly once you've signed up.

Is Bybit Available in My Country? Country-Specific Sections

Can you use Bybit in the US? Or is it available in Spain? Questions like these are among the most searched when it comes to Bybit. Availability can vary based on local regulations, licensing status, and even which specific features you're trying to access. Let's go country by country and clear things up.

Is Bybit Available in the US?

Sadly, the US is on the list of Bybit-restricted countries. I know the US cracks the top 3 in terms of global crypto ownership, and many American traders have been wondering, “How can I use Bybit in the US?”, but as of now, there's no legal way to access Bybit. You may be hoping that there’ll be a Bybit USA, but nothing has been confirmed yet.

If you have been searching for how to use Bybit in the US, you may find a suggestion to use a Virtual Private Network (VPN). However, per Bybit’s Terms of Service, accessing the platform via a VPN is considered a violation.

But say you don't care about the rules, does Bybit work in the US with a VPN, actually? It’s not worth the risk because consequences range from mild to severe. On the lighter end, you're looking at a suspended or fully terminated account. Worse case, you could lose every dollar you have sitting on the platform. There could even be legal trouble waiting for you.

So why isn't Bybit available in the US? The simple answer is that regulators have gotten a lot stricter. The US is huge for crypto revenue, but after Bitcoin's halving rattled the stock market and Fed Chair Jerome Powell kept warning about crypto's volatility, the scrutiny only grew.

📚 Read More: Bitcoin Cycles

Then FTX collapsed, its CEO got convicted of fraud, and the SEC really cracked down. Bybit isn't the only one feeling it either. Binance and Coinbase have faced similar heat, and Kraken got hit with a $30M fine and had to drop its staking service. With rules this tight, Bybit just can't operate in the US right now.

Even though Bybit USA isn't accessible, USD is still central to the platform. Bybit US customers can find inverse BTC/USD pairs and USD-pegged stablecoins like USDT and USDC, which support hundreds of trading pairs across spot, derivatives, and even staking through Bybit's Launchpool.

Is Bybit Available in the UK?

Yes, Bybit is back in the UK, but it's been a bit of a rollercoaster getting here. Bybit was live for some time as one of the top exchanges in the UK, where users would actively trade on the platform. However, the Bybit UK exchange decided to stop its operations due to the Financial Conduct Authority's new rules around marketing and communications in 2023.

Ben Zhou, Bybit's CEO, emphasized on the Telegram community that they weren't planning to leave the UK. Despite the reassurance, the platform found it hard to get a green light from the FCA, and effective October 8, 2023, Bybit UK customers could no longer open trade positions. The team even notified UK users to close all active trades and withdraw their funds.

Fast forward to December 19, 2025, and Bybit officially relaunched in the UK, offering over 100 spot trading pairs through a new platform operating under FCA-compliant promotion rules.

Bybit is now operating under a framework to align with FCA financial promotion standards through a partnership with Archax, a London-based firm authorized by the FCA. It’s a model that mirrors approaches used by other platforms, such as Coinbase and OKX.

So, Bybit is not authorized, registered, or regulated by the FCA itself, and crypto services aren't covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme. This means UK users won't have the same statutory protections they'd get with traditional financial products.

The relaunch is also more limited than before. It now covers spot trading, peer-to-peer transactions, and the convert feature from GBP to BTC, MODE, NEXT, BONUS, or vice versa, with daily or monthly withdrawal limits depending on your method of purchase.

However, there are no derivative offerings, highlighting the regulatory boundaries within which Bybit is still working.

Is Bybit Available in Canada?

There’s no such thing as Bybit Canada, unfortunately. The maple-leaf country is included on the list of Bybit-restricted countries at the time of writing.

Bybit was actually live for some time as one of the exchanges in Canada until the new guidance related to stablecoins and investor limits came into effect in 2023. Joining Binance, the exchange, officially withdrew from the Canadian market in the same year because it couldn’t comply with the Canadian Securities Administrators' (CSA) request to remove stablecoins and leveraged trading.

As of May 31, 2023, creating new accounts on Bybit wouldn’t be possible. The Bybit Canada exchange users could no longer deposit funds or trade starting from July 31, 2023. Finally, on September 30th, Bybit urged the Canadian investors to close their positions and liquidate their assets.

Is Bybit Available in Australia?

Congratulations, Australia is among the Bybit-supported countries. It may not have been enrolled by the Australian Transaction Reports and Analysis (AUSTRAC), but this doesn’t mean that the platform is evading local regulations.

Bybit is still one of the legal exchanges to operate in Australia, reporting to the region's government and complying with anti-money laundering (AML) with its layered KYC procedures.

So, if you’re a trader on the platform, report your crypto transactions and tax responsibilities to the Australian Taxation Office (ATO). By doing so, you’re contributing to upholding crypto safety and the Australian financial ecosystem.

As of now, Bybit is sitting in the top 3 crypto exchanges in Australia. There’s a lot to this platform that attracts Australians, particularly how easy it is to trade crypto with AUD via various payment gateways like Visa/Mastercard, Apple Pay, and Google Pay. You can’t make any deposit in AUD, but you can use USD without additional charges.

In March 2024, the exchange also made the Bybit card available in Australia. What’s unique about this card is its multi-asset spending feature that can automatically convert five supported cryptocurrencies (e.g., BTC, ETH, and USDT) into fiat.

Going into Bitcoin and Ethereum, Bybit offers plenty of derivative margin options, up to 100x normal leverage (and 200x with smart leverage), for these coins’ trading pairs. Aside from that, the other most popular crypto coins in Australia (Ripple and Litecoin) are also available to buy, sell, trade, and hold on the platform.

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Is Bybit Available in Europe?

Yes, Bybit is available in Europe through Bybit EU (not the global platform). Bybit EU GmbH holds a MiCA crypto-asset service provider license, granted on May 28, 2025, by Austria's Financial Market Authority (FMA). Under MiCA passporting, Bybit can serve clients across 29 EU/EEA countries, including Germany, France, Spain, Italy, and the Netherlands.

As a European trader, MiCA protects your consumer rights. The framework brings tangible benefits like better security, transparency, and crypto-asset market legitimization. Still, Bybit EU isn't a like-for-like copy of the global platform. It launches with spot trading, spot margin, Earn products, and the Bybit Card, but doesn't yet offer the perpetuals and options suite that the global platform is known for.

Geographically, Bybit has been building momentum in the region by moving its European headquarters to Vienna. It has also operated an additional hub in Amsterdam (via Satos B.V.) and built offices across France, Germany, Spain, and Italy.

For payment convenience, Bybit supports SEPA transfers for EU bank deposits, which are usually free or low-cost, alongside debit/credit card purchases through its One-Click Buy feature.

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Is Bybit Available in Asia?

Asia is the world's largest continent and home to one of the largest crypto markets. The good news is that Bybit is available across most of it.

1

East Asia. Japan, South Korea, and Taiwan all have full access to Bybit. Hong Kong is the exception due to local SFC licensing requirements. China is also fully restricted, as cryptocurrency is broadly banned by the government. However, Bybit allows mainland Chinese citizens living abroad to open accounts and trade on the platform.

2

South Asia. India is fully supported and has been since Bybit registered with India's Financial Intelligence Unit (FIU-IND) in early 2025, reopening access after a period of uncertainty. Pakistan and Bangladesh are also on the supported list.

3

Southeast Asia. Malaysia, Indonesia, the Philippines, and Thailand have full access, but Singapore is the one exception. MAS regulations restrict Bybit from serving retail users there, similar to how the SEC operates in the US.

4

Middle East. Most of the UAE citizens have full access, but Dubai is an exception. Bybit's VARA license covers institutional services only, meaning users physically located in the Dubai emirate are blocked from bybit.com. The rest of the UAE, including Abu Dhabi, has no such restriction.

For payment methods, most supported Asian countries can use Visa or Mastercard for One-Click Buy. SEPA isn't applicable here, but local bank transfer options and P2P trading are available in several markets, particularly India, Indonesia, and the Philippines. Bybit even has localized P2P support with local currency pairs (INR, IDR, PHP).

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

Scientific References

1. Emmert, F.: ‘The Regulation of Cryptocurrencies in the United States of America’;

2. Alsharari, N.: ‘Accounting and Finance Innovations’.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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FAQ

Does Bybit work in the US?

There is a reason why Bybit US customers are close to nonexistent. After all, the US is one of Bybit-restricted countries. While the answer to the question “Is Bybit legal in the US?” is negative, it’s important to highlight the platform’s commitment to crypto exchange compliance practices in other countries. These comprise (but are not limited to) license obtainment, AML adherence, and strict KYC in countries where its services are legal. If you're a US trader, my suggestion is to stick to legal exchanges like Kraken.

Can I use a VPN in Bybit-restricted countries?

If you're in the US or elsewhere, you may ask, "Does Bybit work in the US and if not, can I use a VPN?". Well, no, accessing the Bybit platform via VPN is deemed illegal under the exchange's ToS. Even if you're opening the Bybit platform on your overseas trip, a US resident or those in Bybit-restricted countries won't be able to proceed, as the KYC requires submitting your home country identity. Seeing that you can't use Bybit in the US, you can try out alternatives that are legally licensed in the country, like Coinbase.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Kraken) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no "other person" - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

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