Is Bybit Available in India? (2026)
Last updated: June 2026
Yes — Bybit is available in India in 2026. After a roughly $1M penalty and registering with India’s Financial Intelligence Unit (FIU-IND) in 2025, Bybit resumed full spot and derivatives trading for Indian users. KYC is mandatory, and India’s 30% crypto tax plus 1% TDS apply to you, not the exchange.
Is Bybit available in India right now?
Bybit is operational for Indian residents. It is registered with FIU-IND (India’s anti-money-laundering watchdog) but is not SEBI-licensed — that is normal for offshore exchanges serving India. You can deposit, trade and withdraw after completing identity verification.
Indian users still owe a flat 30% tax on crypto gains and 1% TDS on transfers regardless of which exchange they use — budget for it.
How to get started on Bybit in India
- Open the Bybit site or app and register with your email or phone.
- Complete KYC with a government ID (PAN/Aadhaar-linked verification is standard for Indian users).
- Deposit via supported INR on-ramps or by transferring USDT from another wallet.
- Start trading — and keep records for your 30% + 1% TDS tax filing.
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Frequently asked questions
Is Bybit legal in India in 2026?
Bybit operates legally in India after registering with FIU-IND in 2025. It is registered as a reporting entity for anti-money-laundering, though it is not licensed by SEBI. Using it is legal for Indian residents who complete KYC.
Do I pay tax on Bybit trades in India?
Yes. India applies a flat 30% tax on crypto gains and a 1% TDS on transfers. This is the user’s obligation regardless of the exchange. Keep your trade history for filing.
Is KYC mandatory on Bybit in India?
Yes. Since its 2025 compliance re-entry, Bybit requires full KYC for Indian users before trading and withdrawals.