No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds. SRead more
No, Bybit does not allow U.S. customers to use its platform. The United States is among the jurisdictions explicitly restricted by Bybit due to regulatory compliance concerns. Attempting to access Bybit from the U.S., even through methods like VPNs, can lead to account suspension or loss of funds.
Similarly, BitMEX also restricts U.S. users from accessing its services. Both exchanges implement geo-blocking and require Know Your Customer (KYC) verification that excludes U.S. residents .
For U.S. residents interested in cryptocurrency trading, it’s advisable to use exchanges that are compliant with U.S. regulations, such as Kraken, Coinbase, or Gemini.
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Well, itβs mostly because of the laws. The US has pretty strict rules about crypto trading, and Bybit hasnβt got the proper licenses to work there legally. So, to avoid any legal headaches, they just block US users from signing up or trading on their platform. Itβs also about following things like aRead more
Well, itβs mostly because of the laws. The US has pretty strict rules about crypto trading, and Bybit hasnβt got the proper licenses to work there legally. So, to avoid any legal headaches, they just block US users from signing up or trading on their platform.
Itβs also about following things like anti-money laundering and know-your-customer rules, which can be tricky and costly if you donβt do them right. Bybit decided itβs safer to not deal with US customers at all.
Some folks try to get around this with VPNs, but thatβs risky and goes against Bybitβs policies. If you get caught, you could lose access or worse.
If youβre in the US and want to trade, itβs smarter to use exchanges that are approved for US residents, like Coinbase or Kraken.
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