How to Use Bybit in the USA: A Complete Guide

Bybit has quickly become one of the most popular platforms for trading digital assets, thanks to its user-friendly interface, advanced trading tools, low fees, and many other features that make it a go-to choice for traders. However, accessing Bybit isn’t as straightforward everywhere, as the platform is restricted in several countries, including the United States. In this guide, we’ll walk you through how to use Bybit in US without any hassle, including the legality aspect, VPN usage, account setup, and more.

What is Bybit?

Bybit is a popular cryptocurrency derivatives exchange that allows users to trade with leverage on major cryptocurrencies like Bitcoin, Ethereum, and more. Known for its user-friendly interface, advanced trading tools, and low fees, Bybit has become famous among novice and experienced traders. However, due to regulatory restrictions, Bybit has limited access in the United States, which means US-based users need to get creative to access its features.

How to Trade on Bybit in the US: Is It Legal?

Although Bybit is a legitimate and trustworthy platform, US residents are not allowed to access it directly due to strict regulations imposed by the Commodity Futures Trading Commission (CFTC) and other regulatory authorities. This means that US users cannot trade on Bybit within the country without using certain workarounds.

Is it legal? The legality of using Bybit in the US depends on the methods employed to access it. While it is not illegal for individuals to use Bybit through a VPN, it does violate Bybit’s terms of service. If Bybit detects that you are using a VPN from the US, your account may be restricted or banned. Therefore, it is important to proceed with caution and be aware of the potential risks involved.

Why Is Bybit Banned in the US?

Bybit is banned in the US due to the regulations imposed by the Securities and Exchange Commission (SEC) and other financial regulatory bodies. These regulations are in place to protect investors, but they also limit the availability of certain crypto trading platforms that haven’t complied with these regulations. Bybit falls into this category as it has not obtained regulatory approval to operate in the US.

How to Get Bybit in the US

To use Bybit from the US, you will need to use a VPN (virtual private network). A VPN hides your IP address, giving the impression that you are accessing the platform from another country where it is available. Below, we will explain how to set up and use a VPN for Bybit. 

Why You Need a VPN to Use Bybit in the US

A Virtual Private Network (VPN) is a tool that allows you to encrypt your Internet traffic and hide your IP address. You can access websites that are blocked in your country with its help. Here’s how a VPN can help you use Bybit from the U.S.:

1. Bypass geographical restrictions: Using a VPN, you can connect to a server in another country and appear as if you are there. This allows you to access Bybit without any restrictions.
2. Protect your privacy: VPNs use encryption to protect your data from hackers and other third parties. This ensures that your online activity remains private.
3. Avoid bandwidth restrictions: Some internet service providers may slow down your internet speed if they detect certain activities. A VPN helps prevent this by hiding your online activity from your ISP.

Best VPN Service Providers to Access Bybit in USA

If you’re looking for the best VPNs to use with Bybit in the USA, consider the following top-rated options.

Surfshark

Surfshark VPN service, which appeared on the market in 2018, is designed to protect user privacy and provide unlimited access to online content. The software has quickly gained recognition, receiving a certificate of quality from AV-Test (an independent organization that evaluates and rates antivirus and security software) in 2019 for its reliable performance and security features. 

Surfshark offers the following advanced tools: CleanWeb to block ads and malware, MultiHop to connect across multiple countries for added security, and NoBorders mode to bypass geographical restrictions even to use Bybit in the US. It features industry-standard encryption, a disconnect feature, and a strict no-logs policy, ensuring your online activities remain private. 

With compatibility with various devices such as Windows, macOS, Android, iOS, and even Smart TV, Surfshark provides unlimited simultaneous connections.

Benefits:

• Affordable pricing, especially for two-year plans.
• The ability to connect an unlimited number of devices to a single account.
• Strong, up-to-date encryption methods.
• A strict policy against logging user data for privacy protection.
• The ability to secure all home devices with a single program.
• 24/7 customer support for any problems.
• Free trials are available on Android, iOS, and macOS.

HideMy.name

HideMy.name reliable and convenient VPN service is designed to enhance online privacy and provide unlimited internet access. Supporting a wide range of devices, including desktops, smartphones, routers, and set-top boxes, it is a universal choice for users looking to secure their digital space. HideMy.name servers are located around the world. It provides a fast and stable connection to browse, stream, and download content from anywhere.

Ensuring the anonymity of users is one of the key functions of HideMy.name. The service can be used without registering on the website, which provides an additional level of privacy. In addition, flexible payment options and convenient tariff plans are available. New users can risk-free test the service with a 30-day money-back guarantee and free trials on some devices, making it a convenient option for both beginners and advanced users.

Advantages:

• Supports a variety of devices: desktops, mobiles, set-top boxes, routers
• Extensive global server network for fast, reliable connections
• Multiple payment methods to suit different preferences
• No account registration is required, enhancing user anonymity
• Flexible pricing plans with reasonable rates
• 30-day money-back guarantee for risk-free trials
• No automatic renewals, giving you control over your subscription
• A free trial is available

VeePN

A powerful and easy-to-use VPN service VeePN is designed to provide secure and unrestricted access to the Internet.  It is ideal for both beginners and advanced users due to its user-friendly interface – it allows you to connect with just one click. The service provides comprehensive protection on multiple platforms: it is compatible with all major devices and operating systems, including Windows, macOS, Android, iOS, and even Smart TVs.

VeePN offers a robust set of features to protect your online privacy, including strong 256-bit encryption and a strict privacy policy without registration. With servers located around the world, VeePN allows access to geographically restricted content (for example, using Bybit in US) and blocked websites from anywhere in the world, providing high-speed and unlimited data transfer. Users can connect up to 10 devices simultaneously.

VeePN provides reliable and high-speed performance, 24/7 multilingual customer support, and a 30-day money-back guarantee.

Advantages:

• Access geo-restricted websites from anywhere in the world
• 30-day money-back guarantee for a risk-free trial
• Simple, one-click setup for easy use
• Compatible with all devices and operating systems
• High-speed connections with unlimited data transfer
• Secure and private internet access with 256-bit encryption
• Strict no-logs policy to protect user privacy
• Supports up to 10 simultaneous device connections
• 24/7 multilingual customer support for timely assistance

Tips on Choosing the Best VPN for Bybit

• Speed: Look for a VPN with fast server speeds to minimize lag during trading.
• Server Locations: Ensure the VPN has servers in countries where Bybit is accessible. It guarantees that you will be able to use Bybit in the US.
• Security: Opt for VPNs with strong encryption protocols and a no-logs policy.
• Compatibility: Choose a VPN that works across multiple devices, including mobile.

How to Configure VPN for Using Bybit in the US

1. Download and install VPN from their official website.
2. Create an account and choose a subscription plan.
3. Launch the VPN App and log in.
4. Connect to a non-US server (e.g., Europe).
5. Additionally, confirm your IP change using an IP checker tool to ensure you’re not being detected as from the US.
6. Access Bybit and sign up.

How to Sign Up for Bybit in the US

1. Make sure you’ve downloaded and set up a VPN: Choose a reliable VPN service and connect to a server outside the US (e.g., Europe).
2. Go to Bybit’s Website: Once your VPN is connected, visit Bybit’s official website.
3. Create an Account: Click on the orange “Sign Up” button at the top right corner, enter your email, create a password, and verify your email address.
4. Skip KYC: Bybit doesn’t require mandatory KYC (Know Your Customer) for basic trading, so you can use Bybit in the US with just an email account.
5. Deposit Funds: You can deposit crypto from another wallet to your Bybit account. Bybit supports popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and USDT (Tether).

How to Use Bybit in USA

After logging into Bybit with your email and password, head to the “Assets” tab and click on “Deposit” to fund your account. 

Next, select your preferred trading pair, adjust the leverage, and place your order – whether it’s market, limit, or conditional. 

You can then use the monitoring panel to keep an eye on your open trades, set stop loss and take profit levels, and manage your positions effectively.

Do I Need to Complete KYC Procedures for Trading on Bybit?

Bybit allows users to trade without mandatory KYC verification, allowing for anonymous trading. However, KYC verification may be necessary for higher withdrawal limits and access to additional features. While US users can bypass restrictions by using a VPN, they won’t have full access to Bybit’s services without completing KYC. Users from unrestricted regions can enjoy full features after verification.

Bybit requires KYC verification for withdrawals and when trading volumes exceed certain limits. Your account might be suspended if any suspicious activity is detected and you fail to comply with KYC requirements. That is why, it is essential to adhere to the platform’s regulations to prevent any problems while using Bybit in US.

How to Use Bybit on Mobile in the US

To get started, first, download a VPN app to your mobile device. After it’s installed, connect to a server outside the US, for example, in Europe. 

Then, visit the Bybit website and download the ByBit Mobile App. It may not be available in US app stores, so you will need to download it from there. 

Once downloaded, sign in to your account, and you can trade from anywhere.

FAQ

Is it secure to use Bybit with a virtual private network in the United States?

Yes, it is generally safe if you use a reliable VPN provider. However, it may violate Bybit’s terms of service, so proceed at your own risk.

Can I withdraw my funds if I use Bybit from the United States?

Yes, but if Bybit detects your US IP address, it may limit or freeze your account. Always use a VPN when accessing the platform.

Does Bybit support the US dollar?

Yes, Bybit does support USD coins. You can use USD money for buying, trading, selling, or holding money securely on Bybit.

How much leverage can I use on Bybit?

Bybit offers leverage up to 100x for certain trading pairs, but it’s essential to understand the risks involved with high-leverage trading.

Which country is the owner of Bybit?

Bybit was founded in 2018 in Dubai, United Arab Emirates. It was blocked in the United States in 2021 and received warnings from Canada and Japan in the same year.

Conclusion

Although it is illegal to use Bybit in the US, it is still possible when using a VPN. By following the instructions described in this guide, you will be able to trade safely on Bybit while protecting your privacy. We recommend that you choose a reliable VPN, be aware of the legal implications, and trade responsibly.

Using a VPN can open the door to a wider range of trading opportunities, whether you’re new to cryptocurrency trading or an experienced trader looking to explore Bybit’s possibilities.