Bybit

At a glance

Licenses

Licensed in Dubai, Argentina, Indonesia, and Kazakhstan

Named by regulators in India and Japan

Incidents

Hacks: 1
Enforcement cases: 2
Closures and halts: 0

Latest: 2025-02-21

Operator

Bybit Fintech FZE (Bybit)
Dubai · VARA
LUZPAY S.A.
Argentina · CNV
+2 more

Official

Website: bybit.com
On-chain reserves: On record

Status page and app links: not collected yet.

Being on a register is not an endorsement. What “verified” means

Is Bybit safe? What the records show

On the registers Takame checks, Bybit holds a verified current license or registration in Dubai, Argentina, Indonesia, and Kazakhstan.

Regulators in India and Japan have named Bybit in a warning or order.

Hacks on record: 1. Enforcement cases on record: 2. Latest: 2025-02-21.

This is a summary of public records, not a guarantee. Each record and its source are listed further down this page.

5.9/ 10

Score

Regulation12/40
Safety25/25
Incidents10/20
Size12/15

Regulation: Broad4 of 26
Regulator warning: 4
24h spot volume: $1.61B

A score out of 10, from four parts. Every part links to the source it came from. How the score is built

How this score was built

Regulation12 of 40
Safety25 of 25
Incidents10 of 20
- 2025-02-21 Bybit
Size12 of 15
From the 24-hour spot volume we collect ourselves

Advertising, payments of any kind, claiming a page or displaying our badge, and anything an exchange tells us that we cannot check against a public source never affect the score. How the score is built

Broad regulatory coverage. Confirmed license in three or more of the jurisdictions we check.

Read the source record below before depositing funds.

www.bybit.com

Can I use it where I live?

Not on the European Union register we read.

Same brand, separate companyBybit EURegistered in the European Union.

All 32 jurisdictions

Market data

24h spot volume: $1.61B
Trading pairs: 521
Order book depth: $1.8M
Founded: 2018

24h spot volume over time

+39.6% over this period

$3.39BNov 2 → Nov 9

$1.12BReported by the exchange · recorded every 5 minutes

Embed a registration badge

Free for any website. The badge shows this company's official domain and its current register status, and links to this page.

bybit.com · View the registration record on Takame

<a href="https://takame.io/en/exchange/bybit" rel="noopener"><img src="https://takame.io/badge/exchange/bybit.svg?lang=en" alt="bybit.com · View the registration record on Takame" height="42"></a>

Work for Bybit? Claim this page

Before you deposit

Five questions, answered from official registers and public data, each with its source. A blank means we do not have that fact, not that the answer is no.

Where is it licensed?
- Dubai · VARASource
- Argentina · CNV482024-07-02Source
- Indonesia · OJKS-12/D.07/20252025-02-01Source
- Kazakhstan · AIFC AFSAAFSA-A-LA-2024-00272024-09-25Source
Is there proof of reserves?
$14.73B2026-11-07Source Reserves
Has it been hacked or sanctioned?
- 2025-02-21Bybit≈ $1.40BDefiLlama
- 2024-11-01Japan · FSA warning listSource
- 2023-03-01Japan · FSA warning listSource
- 2021-05-01Japan · FSA warning listSource
- India · FIU-IND enforcement ordersSource
Can I use it where I live?
Not on the European Union register we read.
- Same brand, separate companyBybit EURegistered in the European Union.
How long do withdrawals take, and what do they cost?
Not published. We do not estimate it.

Companies on the registers

Official registers list 6 companies under Bybit. They are grouped here by company; only matches we verified are shown, and a registration is not the same as being allowed to serve you.

Bybit Fintech FZE (Bybit)
- Dubai · VARAOn the registerSource
Bybit Limited
- Kazakhstan · AIFC AFSAOn the registerAFSA-A-LA-2024-0027Source
LUZPAY S.A.
- Argentina · CNVOn the register48Source
PT Enkripsi Teknologi Handal
- Indonesia · OJKOn the registerS-12/D.07/2025Source
Bybit Kripto Varlık Alım Satım Platformu AŞ
- Turkey · SPK crypto provider listTransitional declarationSource
Bybit Technology Limited
- Seychelles · FSA applications under assessmentApplication under assessmentSource

Regulatory records

India · FIU-IND enforcement orders
Registered entity: Bybit Fintech Limited
Order 15/DIR/FIU-IND/2024
The regulator issued a formal order after finding compliance failures. Depending on the case it imposes a penalty or a warning with directions; read the order at the source.
Bybit Fintech Limited Order in original No. 15/DIR/FIU-IND/2024 u/s Section 13
India
Enforcement orderSource
Japan · FSA warning list
Registered entity: Bybit Fintech Limited
Listed 2024-11
The regulator warned this operator for serving local residents without registering. It is a warning about unregistered activity in that country, not a finding of fraud.
インターネットを通じて、日本居住者を相手方として、暗号資産交換業を行っていたもの · インターネット上で暗号資産取引を行っている「Bybit」等を運営している。
Japan
Regulator warningSource
Japan · FSA warning list
Registered entity: Bybit Fintech Limited
Listed 2023-03
The regulator warned this operator for serving local residents without registering. It is a warning about unregistered activity in that country, not a finding of fraud.
インターネットを通じて、日本居住者を相手方として、暗号資産交換業を行っていたもの · インターネット上で暗号資産取引を行っている「Bybit」等を運営している。
Japan
Regulator warningSource
Japan · FSA warning list
Registered entity: Bybit Fintech Limited
Listed 2021-05
The regulator warned this operator for serving local residents without registering. It is a warning about unregistered activity in that country, not a finding of fraud.
インターネットを通じて、日本居住者を相手方として、暗号資産交換業を行っていたもの · インターネット上で暗号資産取引を行っている「Bybit」を運営している。
Japan
Regulator warningSource
Dubai · VARA
Registered entity: Bybit Fintech FZE (Bybit)
VASP Licence · Exchange Services
Dubai
VerifiedSource
Argentina · CNV
Registered entity: LUZPAY S.A.
48
Intercambio entre activos virtuales y monedas de curso legal (monedas fiduciarias) · Intercambio entre una (1) o más formas de activos virtuales · Transferencia de activos virtuales · Custodia y/o administración de activos virtuales o instrumentos que permitan el control sobre los mismos
Argentina
VerifiedSource
Indonesia · OJK
Registered entity: PT Enkripsi Teknologi Handal
S-12/D.07/2025
Pedagang Aset Keuangan Digital
Indonesia
VerifiedSource
Kazakhstan · AIFC AFSA
Registered entity: Bybit Limited
AFSA-A-LA-2024-0027
Dealing in Investments as Principal · Dealing in Investments as Agent · Managing Investments · Operating a Digital Asset Trading Facility
Kazakhstan
VerifiedSource
Seychelles · FSA applications under assessment
Registered entity: Bybit Technology Limited
Wallet Service Provider · Virtual Asset Exchange
The Seychelles FSA lists firms that have filed a complete licence application and may keep operating while it is assessed. It is not a licence, so it does not count toward our regulatory rating.
Seychelles
Application under assessmentSource
Turkey · SPK crypto provider list
Registered entity: Bybit Kripto Varlık Alım Satım Platformu AŞ
SPK list: declared it will continue operating (transitional list; SPK says this is not an authorisation) · Former name: Narkasa Yazılım Ticaret AŞ
Turkey's SPK lists firms that declared they will keep operating while their licence applications are reviewed. SPK says being on this list does not mean a firm is authorised, so it does not count toward our regulatory rating.
Turkey
Transitional declarationSource
Canada · FINTRAC
Registered entity: BYBIT FINTECH (CANADA) LIMITED
Struck off 2025-03-08
Registration status: Expired
Virtual Currency
M20624645
FINTRAC registers money services businesses, including virtual currency dealers, for anti-money-laundering purposes. It is not a license to run a trading platform; in Canada that oversight sits with provincial securities regulators.
Canada
Struck offSource

On-chain reserves

All exchange reserves

Excluding own token

$14.73B

Total $14.73B

Net flows

24 hours: +$230.8M
7 days: +$452.3M
30 days: +$259.1M

What it holds

Stablecoins33.5%
Bitcoin35.5%
Ether10.2%
Other20.8%

$16.29B03-21 → 11-07

$11.83BExcluding own token, last 180 days

Source: DefiLlama, wallets published by the exchange · 2026-11-07

On-chain assets only. Customer liabilities are not included, so this is not proof of solvency. Net flows count changes in holdings at today's prices, and changes to the tracked wallet list can cause large jumps.

Security incidents

All exchange hacks

All 12 public records

2026-10-23 · License news reported · cointelegraph.com
2026-10-21 · Delisting announced · announcements.bybit.com
2026-10-14 · Delisting announced · announcements.bybit.com

2024-10-22 · De Nederlandsche Bank (DNB) · Administrative fine · Original wording: “imposed an administrative fine of €2,250,000 on Bybit Fintech Limited (Bybit)” · Source
2022-06-22 · Ontario Securities Commission / Capital Markets Tribunal · Settled · Original wording: “disgorge to the Commission US$2,468,910.00” · Source

Wallet keys compromised
2025-02-21
Source: DefiLlama · 2026-11-09
≈ $1.40B

Date	How it happened	Estimated loss
2025-02-21 Source: DefiLlama · 2026-11-09	Wallet keys compromised	≈ $1.40B

Top coins on Bybit

By 24h volume. 388 coins trade here in total.

Comments on Bybit

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