Why is Bybit banned in the US?
Bybit
Asked: 2 months ago2025-05-29T22:34:48+05:30
2025-05-29T22:34:48+05:30In: Cryptocurrency, Exchange
Why is Bybit banned in the US?
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Well, it’s mostly because of the laws. The US has pretty strict rules about crypto trading, and Bybit hasn’t 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.
It’s also about following things like anti-money laundering and know-your-customer rules, which can be tricky and costly if you don’t do them right. Bybit decided it’s safer to not deal with US customers at all.
Some folks try to get around this with VPNs, but that’s risky and goes against Bybit’s policies. If you get caught, you could lose access or worse.
If you’re in the US and want to trade, it’s smarter to use exchanges that are approved for US residents, like Coinbase or Kraken.