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After a temporary shutdown ByBit has successfully restarted its full trading services in India as of February 25 following approval from the nation’s regulatory bodies. This marks a significant step for ByBit as it now provides complete access to all its features including new trade openings and other products.
The resumption comes after an initial suspension in January when ByBit halted several functionalities such as account creation and order placement due to regulatory challenges. Efforts to secure a formal operational license from India’s Financial Intelligence Unit were underway which have now culminated in ByBit’s official registration.
This development positions ByBit favorably in one of the world’s largest and rapidly growing crypto markets. Alongside competitors like Binance ByBit aims to expand its user base in India leveraging its full range of services amid tight regulatory frameworks.
