In this article, we will explain all the steps to use Bybit in the USA. Bybit does not provide its services in the USA; however, you can still enjoy its benefits using a VPN.
Summary (TL;DR)Bybit is a cryptocurrency exchange based in Singapore. The exchange primarily focuses on creating an innovative, intuitive, transparent, and secure platform for its clients. The platform offers three derivative assets: inverse perpetual contracts, inverse future contracts, and linear perpetual contracts. Bybit uses various security features such as cold storage, multi-key signature wallets, two-factor authentication, etc.
To learn more, read our comprehensive review of the Bybit platform.
JOIN BYBIT NOW! How to use Bybit in the USA? Is Bybit legal in us?You can not access Bybit legally in the USA due to the US government’s strict regulatory laws on crypto assets. However, if you use a VPN, it is possible to access Bybit even if you reside in the United States of America.
Let us understand the trading options available on Bybit and how it is unique from other similar exchanges before taking you on a tour of how to trade on Bybit in the USA.
Trading Options at BybitBybit has over 1.6 million users. The exchange offers features like flexible leverage, a dual matching mechanism, multiple order types, and one of the most robust matching systems in the trading space. Apart from this, the platform offers leverage of up to 100x on its crypto assets. Now let’s understand the main trading options available on Bybit.
Bybit Leverage Trading Bybit Leverage TradingBybit offers leverage from 1x to 100x on its crypto assets. One of the unique features includes flexible leverage on Bybit. Now that means you can adjust your leverage in the Bybit isolated leverage trading mode; however, cross margin trading does not provide this feature.
Bybit offers both isolated and cross-margin trading options. You can choose either of these and place an order using the limit, market, or conditional tab. Read our guide on margin trading to learn about cross and isolated margin trading.
JOIN BYBIT NOW! Bybit Perpetual ContractsOn Bybit you have two types of perpetual contracts. These include
In this, you can trade in inverse futures that is buying/ selling an asset at a predetermined price for a specific time. On Bybit the inverse value is settled in Bitcoin(BTC) and calculated using equivalent USDT.
Bybit Futures Contracts Why is Bybit banned in the USA?Bybit is not legal in the US. The USA is among the countries with strict cryptocurrency trading regulations. Bybit is an unregulated crypto platform; hence, it does not follow the USA government’s norms. The exchange itself decides to stay away from the American crypto trading market.
These regulatory conditions on cryptocurrency lead to a geo IP address ban on Bybit. This means any American IP address is blocked from using this exchange. But, today, we will help you bypass those restrictions with the help of VPN services.
TRY BYBIT NOW! What is a VPN?First of all, VPN stands for the virtual private network. In simple terms, you use a VPN to keep your internet surfing private. Through a VPN, your identity stays anonymous on the web. After enabling a VPN, nobody on the internet can keep an eye on you and everything you touch on the internet.
So using a VPN, you can access the services unavailable in your area. For instance, say Snapchat is not accessible in your country. Then you can install a VPN and choose a location where Snapchat provides its services. Now you can sign-up for Snapchat and enjoy all its perks and features. Similarly, we will use a VPN for using Bybit in the USA.
How does a VPN work?So when you switch to a VPN network, you are now using an encrypted IP address instead of your actual IP address.
VPNA VPN encrypts the information, sends it to the VPN server, and receives it back. All this transfer happens through a secure tunnel. The VPN server decrypts the data and runs your query to the desired website. After this, the server fetches the results, encrypts them again, and sends them back to you through that secure pathway/ tunnel.
3 Best VPN Service ProvidersChoosing a VPN with the desired results without junk can be tough. So to help you through this, here is the list of the 3 best VPN service providers that offer a smooth and better service to you. Remember, many VPN providers only offer paid services.
There are many VPN providers in the market; however, we will be using Proton VPN to set up the VPN. You can follow the steps for any other VPN similarly.
What is Nord VPN?Nord VPN is one of the best free VPN service providers in the USA. It has over 1200 servers, operating in around 55 countries, and holds a capacity of more than 1400 Gbps. The Proton VPN is freely and easily accessible to anybody surfing on the internet.
Nord offers a reliable and transparent VPN service. Also, you can subscribe to its paid version for some additional perks and benefits. However, to access Bybit in the USA, you can even go with the free version of Nord VPN.
How to use a VPN to access Bybit?In simple words, you can use Nord VPN very easily on your laptop, PC, or smartphone. It will change your IP address into a proxy address provided by the VPN service provider. Hence, you can very easily access Bybit from anywhere in the USA. Next, we will discuss how to access Bybit using a VPN from your mobile and laptop.
TRY BYBIT NOW! How to use a VPN on your laptop to access Bybit?Here we will see how you can set up Proton VPN on your laptop/PC within no time. Below are some simple steps to do the same.
For using a VPN on your phone, you just need to install the VPN application on your android. However, there are no significant differences in using a VPN on your android phone or laptop. Let us have a quick drive to see how you can very easily use a VPN on your android mobile.
Installing the Ultimate VPN
Activating the VPN
Now you can easily access the Bybit site using your laptop or mobile. Either create an account or log in to your already existing account on Bybit.
How to use Bybit?You can kickstart your trading journey by creating an account on the platform. However, below is a step-by-step guide to help you start trading on Bybit:
Now when you are done with your work, it’s time to turn off the VPN. In Proton VPN, just go on the icon of VPN in the taskbar. Now click on the disconnect button. This will disconnect the VPN server. Similarly, you can turn off the VPN in your android by going on the VPN app and clicking on the disconnect button.
Unblock websites using VPNWe turn off the VPN because it reduces your internet speed significantly. You can turn on the VPN again when you need to access Bybit in the future within few seconds.
How to get around a VPN block?In some rare cases, your free VPN address might be blocked. To overcome this situation, you need to purchase the paid version from your VPN service provider. The premium services include overcoming the VPN blocks with continuously updating VPN addresses.
SIGN UP AND GET $20 BONUS Why should you trade at Bybit using a VPN?Bybit is one of the most reliable and transparent cryptocurrency exchanges. It offers flexible leverage of up to 100x which is adjustable in the isolated trading mode. With its multilingual and 24×7 customer support, you will be all set to trade in assets like Bitcoins and altcoins at your fingertips.
It hardly matters if you live in the US. With a VPN at your side, you can easily trade through Bybit from any corner of your country. However, it is important you keep in your mind that what is illegal before using a VPN remains illegal after using one.
We hope you can easily register your account on the exchange without any hassles and give your trading journey a kickstart. However, if you wish to learn more about the exchange, you can refer to our Bybit review article.
As you know, Bybit offers Leverage trading with flexible leverage. To learn more about futures and margin trading at Bybit, to learn more read our article on Bybit leverage trading.
How to use Bybit in the USA: Pros and Cons How to use Bybit in the USA: ConclusionIf you are a trading enthusiast, then no boundaries can prevent you from trading. It does not matter if your government has banned a particular crypto exchange in your nation. You can still access it using a good VPN. VPNs like NordVpn and Ultimate VPN are freely available for all to use.
Bybit secures a place among the top cryptocurrency trading exchanges. It offers leverage trading with features like flexible adjustment of leverage even after opening a position. Moreover, the above article will help you out while using Bybit in the USA.
JOIN BYBIT NOW Frequently Asked Questions Is Bybit legal in the US?Using Bybit in the USA is illegal, and if you still wish to use the same, you can install any VPN extension on your browser. You can then change your location to any country other than the USA and use Bybit. However, do remember that what is illegal before VPN remain illegal with VPN.
Is Bybit better than Coinbase?Both Bybit and Coinbase have their features. Bybit offers one of the best leverage trading features in the market. On the other hand, Coinbase provides buying and selling, trading, and even free crypto to trade legally in the USA.
How to start using Bybit?Getting started at Bybit is very simple, and if you are a citizen of the United States of America, you can follow the steps above. If you are not in a country where using Bybit is legal, you can read either of our articles, Bybit review, or margin trading at Bybit.
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