Is bybit legal? Can bybit be downloaded in the country?

Bybit is a legal digital asset exchange regulated by the Monetary Authority of Singapore. However, due to Chinese government supervision, it is blocked in mainland China and cannot be directly accessed or downloaded.

Is Bybit legit?

Answer: Yes

Bybit is a digital asset exchange registered in Singapore and regulated by the Monetary Authority of Singapore (MAS). Its global headquarters is in Dubai and it has offices in several countries around the world. This means that Bybit complies with Singapore laws and regulations and is subject to oversight by regulatory agencies.

Is Bybit available for download in the country?

Answer: No

Although Bybit is legal, it is blocked in mainland China. This means residents of mainland China cannot directly access Bybit’s website or download its mobile app.

Detailed description:

Bybit was established in 2018 and provides services such as spot trading, perpetual contracts and derivatives trading. Its trading volume is huge and it is one of the leading cryptocurrency exchanges in the world.

Bybit is committed to providing a safe and reliable trading platform. It uses advanced security measures including cold storage, two-factor authentication, and anti-phishing mechanisms. In addition, Bybit has strict anti-money laundering and know-your-customer (KYC) policies.

Due to the Chinese government’s regulation of cryptocurrency transactions, Bybit’s services are blocked in mainland China. However, Bybit still welcomes users from other countries and continues to expand its global presence.

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