Is Bybit available in the US?

No, Bybit is not available in the US. As of November 2026, Bybit's help center lists the United States as an excluded jurisdiction, alongside Canada, mainland China, Hong Kong and Singapore, and Bybit does not hold a US license for its spot or derivatives trading. Our guide on what is Bybit covers the exchange itself.

Is Bybit legal in the US?

Bybit is not registered with US regulators to serve American customers, and its terms say it does not offer services in the United States. The CFTC, for example, sued KuCoin in 2024 for offering futures and leveraged products to US customers without registering as a futures commission merchant. The agency's role is explained in what does the CFTC do in crypto.

US regulators have still shown interest. In November 2023, Coinbase told some customers it had received a CFTC subpoena seeking information connected to Bybit, Cointelegraph reported. That article noted reports that Bybit could be reached from the US through a VPN. No charges against Bybit from that inquiry were reported in the article.

Is Bybit allowed in the USA with a VPN?

No. Bybit's restricted-countries page says that if it determines a user gave false information about their location, it may terminate the account immediately and liquidate any open positions. Users must also tell Bybit if they become residents of an excluded jurisdiction. A VPN changes your IP address, not your legal residence, so using one to get around the list breaks Bybit's terms and can leave funds stuck. The same risk applies to other offshore exchanges, as described in is MEXC available in the US.

Is Bybit KYC required?

Yes. Bybit says identity verification of at least the Standard level is mandatory for all of its products and services. Standard needs a physical passport, identity card, residence permit or driving licence from your country of origin, and scans or e-copies are not accepted. Bybit lists being from a restricted country as one reason verification can fail, which is one way a US identity document gets flagged. See what is KYC.

Is Bybit safe after the 2025 hack?

Bybit lost roughly $1.4 billion in ether in an exploit on February 21, 2025, by The Block's count. Three days later CEO Ben Zhou said the exchange had fully closed the gap using bridge loans from industry partners, and on-chain data pointed to loans, large deposits and over-the-counter ether purchases, The Block reported. Zhou said an audited proof of reserves report would show 1:1 backing of client assets. That shows the exchange covered the loss. It does not change the fact that US residents have no licensed way to use Bybit.