common-close-0
BYDFi
Trade wherever you are!

Are there any restrictions or limitations when using Bybit in the US, as mentioned on Reddit?

avatarAlexey FedoretsDec 26, 2021 · 3 years ago3 answers

I saw a post on Reddit mentioning some restrictions or limitations when using Bybit in the US. Can anyone provide more details on what these restrictions or limitations are?

Are there any restrictions or limitations when using Bybit in the US, as mentioned on Reddit?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are certain restrictions and limitations when using Bybit in the US. Bybit is not available to residents of certain states due to regulatory reasons. These states include New York, Washington, and Connecticut. However, residents of other states can still access and use Bybit without any issues. It's always recommended to check the latest regulations and restrictions in your state before using any cryptocurrency exchange.
  • avatarDec 26, 2021 · 3 years ago
    As of my knowledge, Bybit is not available in the US due to regulatory restrictions. However, there are other cryptocurrency exchanges that are available for US residents, such as Coinbase and Binance US. These exchanges comply with the necessary regulations and provide a secure platform for trading cryptocurrencies. It's important to choose a reputable exchange that is compliant with the regulations in your country.
  • avatarDec 26, 2021 · 3 years ago
    According to my research, Bybit is not directly available in the US. However, there are ways to access Bybit using a VPN or by using a third-party platform like BYDFi. These platforms act as intermediaries and allow users to trade on Bybit even if they are located in restricted regions. It's important to note that using such platforms may come with additional risks and it's always recommended to do thorough research and understand the legal implications before using them.