KEY TAKEAWAYS
- Bybit has restored full access to its app for Indian users, marking a significant milestone in its commitment to the Indian market.
- The exchange has registered with the Financial Intelligence Unit-India, ensuring compliance with local regulations and enhancing security measures.
- Bybit is actively expanding its presence in India through strategic partnerships and educational initiatives, including sponsoring the India Blockchain Tour 2025.
Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has announced the restoration of full access to its app for users in India. This development marks a significant milestone in Bybit’s ongoing commitment to the Indian market. The app is now available on both the App Store and Google Play, while access to the Bybit website is being restored in phases and is expected to be fully operational within the next three to four days.
This move follows Bybit’s broader efforts in regulatory harmonization, reflecting its dedication to trust, transparency, and security for its growing Indian user base. Bybit began its regulatory process earlier this year by registering with the Financial Intelligence Unit-India (FIU-IND) as a reporting entity in January 2025. This registration ensures compliance with India’s Prevention of Money Laundering Act (PMLA), allowing Bybit to offer a range of services, including Spot, Derivatives, Options, and Copy Trading, with robust Know Your Customer (KYC) procedures and enhanced security measures.
Operations were initially re-established on February 25, 2025, enabling authorized users to access all trading functionalities. The complete functionality of the website and app was achieved after extensive interaction with authorities, culminating in the current successful rollout.
Bybit’s Strategic Initiatives in India
Commenting on the announcement, Ben Zhou, Co-founder and CEO of Bybit, stated, “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.”
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 footprint, Bybit has become the Title Sponsor of the India Blockchain Tour 2025, which began in Hyderabad on June 28. The next event, Metamorphosis – India Blockchain Tour, is scheduled for September 27–28 in New Delhi. Further strengthening its presence, Bybit has launched the World Series of Trading (WSOT) 2025, featuring multiple campaigns that offer welcome bonuses for new users along with rewards such as cars and iPhones.
For more information, the full announcement can be found here.
Why This Matters: Impact, Industry Trends & Expert Insights
Bybit has restored full access to its app for Indian users, emphasizing its commitment to compliance and expanding its presence in the Indian cryptocurrency market.
Recent industry reports indicate strong growth and increasing adoption in the Indian cryptocurrency market, with projections suggesting the market could reach USD 13.9 billion by 2033. This aligns with Bybit’s strategic re-entry into India, underscoring the potential for significant market expansion and adoption.
A report by The Arabian Post highlights that Bybit’s re-entry is seen as a strategic move reflecting the maturity and potential of the Indian crypto market. This supports Bybit’s efforts to enhance India’s crypto trading landscape by offering a global platform amidst a favorable regulatory environment.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
