In January 2024, the Indian government blocked 10 major crypto exchanges in india like Binance, Kucoin, OKX. Some of these exchanges later registered themselves with the FIU and can be accessed now by Indian users.
Bybit was not in the list of crypto exchanges blocked in January 2024.
According to online reports regulatory pressure has forced Bybit to restrict transactions in India in 2025.
After January 12, 2025 till further notice, Bybit will allow Indian users to only withdraw their funds with the exchange according to media reports
Users are restricted from making deposits, and also trading.
On 16 January 2025, Bybit is blocked in India , and the following message was displayed to internet users trying to access Bybit.com.
Your requested URL has been blocked as per the directions received from the Department of Telecommunications, government of India.
India is one of the largest markets for Bybit according to information available online.