just now

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Published: just now

Bybit has restored complete access to its mobile applications on the App Store and Google Play for users in India, whilst website access is being restored in phases and expected to be fully available within the next 3-4 days.
The cryptocurrency exchange, which ranks as the world's second-largest by trading volume, had previously suspended services whilst pursuing regulatory compliance in the Indian market. The restoration follows Bybit's registration with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity in January 2025, ensuring compliance with India's Prevention of Money Laundering Act (PMLA).
Operations were initially re-established on 25th February 2025, when authorised users could access all trading functionality. However, complete functionality of the website and app was only achieved following extensive engagement with authorities.
Ben Zhou, Co-founder and CEO of Bybit
Ben Zhou, Co-founder and CEO of Bybit, commented:
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.
The platform now offers Indian customers access to Spot, Derivatives, Options, and Copy Trading services, implemented alongside enhanced Know Your Customer (KYC) procedures and improved security measures.
Vikas Gupta, Country Manager of Bybit India
Vikas Gupta, Country Manager of Bybit India, added:
This is a milestone moment for Bybit India. We are thrilled to provide Indian users with a smooth and compliant trading experience. Our vision is not limited to trading. We are committed to building India's rapidly expanding crypto ecosystem through mass education, strategic partnerships, and community-led initiatives.
As part of its expanded presence in India, Bybit became the Title Sponsor of the India Blockchain Tour 2025, which commenced in Hyderabad on 28th June. The next event, Metamorphosis – India Blockchain Tour, New Delhi, is scheduled for 27-28th September.
The exchange has also launched the World Series of Trading (WSOT) 2025, featuring multiple campaigns that offer welcome bonuses for new users along with rewards including cars and iPhones.
Founded in 2018, Bybit serves a global community of over 70 million users and focuses on Web3 partnerships with leading blockchain protocols to provide infrastructure and drive on-chain innovation.
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