Bybit Restores Full Access for Indian Users, Aiming for Compliance and Inclusion

Bybit Resumes Full Operations for Indian Users

In an important development for the cryptocurrency market in India, Bybit, the world's second-largest cryptocurrency exchange by trading volume, has officially reinstated full access to its app on both the App Store and Google Play for Indian users. This move marks a significant milestone in Bybit's ongoing commitment to engage with the Indian market and prioritize regulatory compliance.

As part of a phased restoration plan, Bybit has also begun reactivating access to its website, expecting to achieve complete functionality within the next three to four days. This positive step follows a thorough regulatory alignment process initiated earlier this year, highlighting Bybit's mission to foster trust, transparency, and security among its growing Indian user base.

In January 2025, Bybit took proactive measures to align with Indian regulations by registering with the Financial Intelligence Unit (FIU-IND) as a reporting entity. This compliance ensures that all of its operations adhere to the Prevention of Money Laundering Act (PMLA), legitimizing its presence in India's evolving financial landscape. Thus, Bybit has resumed a range of services including Spot trading, Derivatives, Options, and Copy Trading, fortified by rigorous Know Your Customer (KYC) protocols and enhanced security features.

Though operations officially restarted on February 25, 2025, the full functionality of both the website and app has only been restored after extensive consultations with authorities, cementing Bybit's mission to provide seamless services.

Ben Zhou, Bybit's Co-founder and CEO, expressed optimism regarding the Indian market, stating, "India is among the most promising digital asset markets globally. We are excited to resume normal business and reaffirm our devotion to delivering Indian users with secure, transparent, and world-class cryptocurrency experiences. It's not a comeback, it's a new chapter for Bybit in India."

Echoing Zhou's sentiments, Vikas Gupta, Country Manager of Bybit India, emphasized the significance of this moment for the company and its users. He indicated that Bybit is not just focused on trading but aims to significantly contribute to the burgeoning crypto ecosystem in India through mass education, meaningful partnerships, and community-driven initiatives.

Bybit's commitment to the Indian market is further reflected in its recent sponsorship of the India Blockchain Tour 2025, starting with its launch in Hyderabad on June 28. The next phase of this tour is set to take place in New Delhi on September 27-28. This initiative will serve to reinforce Bybit's presence and support the broader blockchain community in India.

Additionally, Bybit has kicked off the World Series of Trading (WSOT) 2025, which features various promotional campaigns, offering welcome bonuses for new users and exciting prizes including cars and smartphones. This strategic move aims to attract more traders to its platform and enhance overall trading experiences.

Founded in 2018, Bybit has transformed into a key player in the cryptocurrency exchange market, boasting over 70 million users worldwide. It is dedicated to creating a transparent and equitable environment in the decentralized financial sector. With a strong focus on Web3, Bybit collaborates with leading blockchain protocols to foster robust infrastructure and propel on-chain innovation. With its secure custody, diverse marketplaces, and cutting-edge blockchain tools, Bybit effectively bridges the gap between traditional finance and decentralized finance, empowering builders, creators, and enthusiasts to unlock the potential of Web3.

Explore the future of decentralized finance by visiting Bybit.com.