Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has restored complete access to its app for Indian users on both the App Store and Google Play. The website is currently being relaunched gradually and is expected to be fully operational in three to four days.
This is a crucial moment for the company as it continues to strategically invest in the Indian market. This also demonstrates Bybit’s commitment to engage in the adoption of regulatory measures which focus on trust, transparency, and security to its growing user base.
Regulatory Pathway
Bybit began its aggressive compliance strategy at the start of the year. By completing the registration of Bybit as a reporting entity with the Financial Intelligence Unit of India (FIU-IND) on January 25, 2025, the company aligned with the Indian Anti-Money Laundering (AML) policies and thus registered with the Compliance and Risk Management (CRM) framework.
Compliance also ensured the company’s operational integrity by enforcing full KYC as well as multi-tiered KYC and security architecture.
Bybit completed phase 1 of their trading services and introduced Spot as well as other approved trading options, including Derivative, Option, and Copy Trading.
The simultaneous full-reopening of the website and application came as a result of completing months of collaboration with Indian regulators.
Leadership Voices
Ben Zhou, Co-founder and CEO of Bybit, highlighted the company’s renewed focus on India. He said that the nation is one of the most promising digital asset markets worldwide and that Bybit is not just resuming business but starting a fresh chapter.
His assertion emphasised the exchange’s commitment to offering Indian traders reliable and compliant crypto services unparalleled anywhere else in the world.
Those thoughts were similarly conveyed by Vikas Gupta, Country Manager of Bybit India. He stated that the relaunch is a milestone moment and reaffirms the company’s vision for India.
Gupta stressed that Bybit’s operations are not limited to offering trading services. The exchange plans to help the growing digital asset industry in India by investing in community education, strategic partnerships, and collaborative projects.
Increasing Presence in India
To strengthen its position, Bybit has taken a more proactive approach in the Indian crypto market. It has become the Title Sponsor of the India Blockchain Tour 2025, which started in Hyderabad on June 28.
The event, under the Metamorphosis, India Blockchain Tour banner, is scheduled to continue to its next destination, New Delhi, on September 27–28.
At the same time, Bybit launched its global trading competition, the World Series of Trading (WSOT) 2025. The tournament features many campaigns designed to attract new users with welcome bonuses and rewards.
These include luxury prizes such as cars, iPhones, and other incentives, aiming to drive engagement among traders in India.
India and Crypto Exchanges
In January 2024, we reported, Indian users could no longer download 10 offshore crypto exchange apps after Apple and Google blocked them on its App Store.
The list of restricted platforms includes some of the biggest names in the global crypto market, such as Binance, Bitget, Huobi, OKX, KuCoin, Gate.io, MEXC, and three other exchanges.
The move significantly reduced access for Indian traders who relied on these platforms for their trading needs. Also, earlier, several platforms, including Binance and Kraken, were removed from the Google Play Store.
Also Read: Bybit India Introduces 18% Goods and Services Tax (GST) on Trading and Withdrawal Fees From July 7