Bybit Restricted Countries List 2025 – Regions & Alternatives

List of Bybit Restricted Countries

Bybit enforces country-specific restrictions due to regulatory compliance, geopolitical tensions, and international sanctions. Traders residing in these jurisdictions are prohibited from accessing Bybit's services to mitigate legal and financial risks.

Fully Restricted Countries (no Bybit access allowed):

• United States
• Canada
• Mainland China
• Hong Kong
• Singapore
• United Kingdom
• France
• Cuba
• Iran
• North Korea
• Sudan
• Syria
• Uzbekistan
• Sevastopol
• Russian-controlled Ukrainian regions (Crimea, Donetsk & Luhansk)

Always confirm your local regulatory status with Bybit directly, as restrictions are subject to change. You can review this in Section 11.3 of Bybit’s Service Agreement.

Countries with Bybit Fiat Deposit Restrictions

Beyond outright country bans, Bybit limits fiat-related services, including deposits, withdrawals, and direct crypto purchases, in several regions due to stringent Know Your Customer (KYC) policies. While crypto-to-crypto trades remain accessible, fiat transactions aren't supported.

Key affected jurisdictions include:

• Americas: United States, Cuba, Panama, Venezuela, Nicaragua
• Europe: Belarus (RUB permitted), Albania, Bosnia and Herzegovina, Serbia, Russia (RUB permitted)‍
• Africa: Nigeria, Uganda, Zimbabwe, Somalia, Sudan‍
• Asia & Middle East: Bangladesh, Cambodia, Myanmar, Iran, Iraq, Lebanon, Yemen‍
• Caribbean & Oceania: Bahamas, Barbados, Vanuatu, Trinidad and Tobago

Since regulatory landscapes shift regularly, verify your country's status with Bybit directly.

Does Bybit Restrict Derivatives Trading?

Bybit derivatives trading, including perpetual contracts, futures, and options, is available in all supported countries except the Netherlands. 

Due to local regulations, derivatives services have been discontinued on the Bybit NL platform. Dutch users retain access to spot trading, crypto loans, and select earn products, but cannot trade derivatives. 

All other supported regions maintain full derivatives functionality.

Can You Use Bybit in the EU?

Bybit operates across most of the European Union, supporting over 25 of the 30 European Economic Area (EEA) countries, but regulatory hurdles persist in certain regions.

In France, Bybit exited the market in August 2024 following intensified regulatory scrutiny, despite being removed from the AMF’s blacklist. The exchange has not yet relaunched services there.

Currently, Bybit seeks a Markets in Crypto-Assets (MiCA) license, enabling compliant operations throughout the EEA under a unified regulatory structure. This aligns with its goal of becoming fully regulated in Europe.

Can You Use Bybit in the USA?

Bybit is currently unavailable in the US due to regulatory restrictions. Despite global popularity, the exchange is not registered with the Commodity Futures Trading Commission (CFTC) or as a Money Services Business (MSB) with FinCEN, required for compliant derivatives trading in the US. 

Traders in the US should use compliant alternatives like Coinbase, Kraken, or Binance.US for regulated crypto trading.

Can You Use Bybit in the UK?

Bybit halted its UK operations in October 2023 due to updated Financial Conduct Authority (FCA) marketing and compliance regulations. UK residents can no longer legally trade on Bybit, and attempts to bypass restrictions using VPNs may result in account termination or loss of funds. 

UK-based traders should opt for FCA-compliant crypto exchanges to ensure secure and lawful trading.

Best Alternatives if Bybit is Unavailable in Your Country

If Bybit isn't accessible in your region, choose an alternative crypto exchange that fully complies with your country's regulatory framework. Selecting a licensed and regulated platform in your jurisdiction safeguards your funds, reduces compliance risks, and ensures uninterrupted trading.

Popular region-specific choices include:

• US, UK, Canada: Kraken, fully registered with FinCEN (US), FCA (UK), and FINTRAC (Canada).
• Singapore: Coinhako or Independent Reserve, both licensed under MAS guidelines.
• European Union: Coinbase and Bitstamp, compliant with MiCA regulations across the EU.
• Australia: CoinSpot or Swyftx, regulated by AUSTRAC.

Confirm local licensing directly before you start trading.

Bottom Line

Bybit's regional restrictions underscore the importance of trading on platforms that fully comply with local crypto regulations. 

To avoid unnecessary disruptions, always confirm your country’s eligibility directly with Bybit, and if necessary, switch to a regulated alternative exchange tailored to your region. 

Staying informed ensures your crypto trading remains secure, compliant, and without stress.