Is Bybit legal in Australia?

Yes, Bybit is legal in Australia. While Bybit is not registered with AUSTRAC, you can freely trade on Bybit without issues. Why Is Bybit Not Allowed In the US? Because of the stringent financial limitations that have been imposed by the government in the United States, the ByBit derivatives platform is not permitted to operate there.

Why is Bybit the best crypto exchange in Australia?

No wonder why it is among the best crypto exchanges in Australia! Bybit supports more than 220+ cryptocurrencies, has 0% fees for spot trading and 0.1%/0.06% for derivatives trading. If you’re a beginner, you can start trading on their demo platform so you don’t have to risk your real money.

What is a good alternative to Bybit Australia?

A good alternative would be Swyftx, Digital Surge or CoinSpot, as each of these exchanges is licensed with AUSTRAC and headquartered in Australia. However, if you’re an experienced investor looking for derivatives, Bybit is one of the best options out there. Is Bybit Australia legit?

Where is Bybit based?

Although Bybit was initially founded in Singapore in March 2018, the company has set up its headquarters in the British Virgin Islands. It is registered as Bybit Fintech Limited.