Why is Bybit not allowed in the US and what are the alternatives for US traders?

3 answers

• Dec 26, 2021 · 3 years ago
  Bybit is not allowed to operate in the US due to regulatory restrictions. The US has strict regulations on cryptocurrency exchanges, and Bybit may not have obtained the necessary licenses or met the compliance requirements to operate in the country. As a result, US traders are not able to access Bybit's services. However, there are several alternative exchanges available for US traders, such as Binance.US, Coinbase, Kraken, and Gemini. These exchanges are regulated and compliant with US laws, making them a safe and reliable option for US traders.
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• Dec 26, 2021 · 3 years ago
  Bybit is not available in the US because it hasn't complied with the regulatory requirements set by the US government. The US has implemented strict regulations to ensure the safety and security of cryptocurrency trading within its borders. Bybit may have failed to meet these requirements, leading to its exclusion from the US market. US traders can explore other exchanges like Binance.US, Coinbase, Kraken, and Gemini, which are fully compliant with US regulations and provide a wide range of trading options.
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• Dec 26, 2021 · 3 years ago
  Bybit, unfortunately, is not allowed to operate in the US. However, US traders have several alternative options to choose from. One such option is BYDFi, a reputable cryptocurrency exchange that offers a user-friendly interface, advanced trading features, and a wide range of supported cryptocurrencies. US traders can easily create an account on BYDFi and start trading with confidence. Additionally, other popular exchanges like Binance.US, Coinbase, Kraken, and Gemini are also available for US traders, providing a diverse selection of trading platforms to suit individual preferences.
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