Are US residents allowed to trade on Bybit?
mezlinAug 26, 2021 · 4 years ago5 answers
Can residents of the United States trade on the Bybit platform? I am a US citizen and I want to know if I can use Bybit to trade cryptocurrencies.
5 answers
- Flores OakleyDec 08, 2022 · 3 years agoUnfortunately, Bybit does not currently allow residents of the United States to trade on their platform. This is due to regulatory restrictions and compliance requirements. However, there are other cryptocurrency exchanges that do accept US residents, such as Binance and Coinbase. You can consider using these platforms instead.
- Gparker12345May 05, 2022 · 4 years agoNo, US residents are not permitted to trade on Bybit. The platform has implemented strict KYC (Know Your Customer) procedures to ensure compliance with regulations in the jurisdictions where it operates. As a result, residents of the United States are restricted from accessing and using the platform.
- itachi_zhmAug 28, 2024 · a year agoAs of my knowledge, Bybit does not allow US residents to trade on their platform. However, there are other options available for US residents, such as Binance.US and Coinbase. These platforms are specifically designed to cater to the needs of US traders and comply with the relevant regulations.
- Avish GolakiyaJul 28, 2022 · 3 years agoBybit, like many other cryptocurrency exchanges, does not currently support trading for US residents. This is primarily due to the complex regulatory landscape surrounding cryptocurrencies in the United States. However, there are alternative platforms that are available to US residents, such as Binance.US and Kraken, which offer similar trading services.
- Fruit DuckApr 05, 2024 · 2 years agoUnfortunately, Bybit does not allow US residents to trade on their platform. This is because Bybit wants to ensure compliance with the regulatory requirements of the jurisdictions in which it operates. However, there are other exchanges that do allow US residents to trade cryptocurrencies, such as Binance.US and Gemini. You may want to consider using these platforms instead.
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