Bybit India introduction
Pros & Cons of Bybit India
Pros
- Low trading fees compared to competitors.
- High liquidity for major crypto pairs.
- Copy trading and up to 100x leverage for all traders.
- Secure platform with Proof-of-Reserves and 2FA.
- Bybit app for Android and iOS, rated 4.6/5.
- INR deposits via UPI for Indian traders.
Cons
- KYC verification required for full access.
- P2P-only INR deposits may feel limited.
- Unavailable in the US, UK, or Canada.
- High leverage carries risks for beginners.
Why Choose Bybit India as the Best Crypto Exchange?
Bybit India, founded in 2018, has quickly become one of the leading crypto exchanges, attracting over 50 million users around the world. 5Is Bybit legal in India? Absolutely — in 2025, Bybit India officially registered with India’s FIU-IND , reinforcing its reputation as a trusted platform for local traders. For instance, although Bybit India serves Indian users, it operates internationally as a regulated Virtual Asset Service Provider (VASP) from its Dubai headquarters.
When it comes to trading options, Bybit India offers much more than just standard services. Users can access spot and futures trading with up to 100x leverage , making it suitable for both beginners and experienced traders. Moreover, features like copy trading make it easier for newcomers to start investing without deep technical knowledge. Depositing funds is also simple: Indian users can top up their accounts using INR via UPI or through P2P trading , ensuring fast and convenient transactions.
The Bybit trading app , available for both Android and iOS devices, provides real-time data, analytical tools, and an intuitive interface, which makes it an excellent choice for those starting their crypto journey in India. Thus, whether you are a beginner or looking to scale your trading activities, Bybit India has the necessary tools to support you.
Security remains a top priority at Bybit India. The platform ensures user protection through Proof-of-Reserves audits, cold storage solutions , and two-factor authentication (2FA) . In addition to safety, Bybit India rewards its users through attractive welcome bonuses and a referral program , offering extra benefits to new and existing customers.
If you're wondering how to get started, learning how to use Bybit in India is straightforward, even for newcomers. Thanks to its low fees, excellent local support, and user-friendly services, many traders find Bybit India to be a better choice than alternatives like Binance and WazirX.
Registration and Verification
How to Register on Bybit India (Step-by-Step Guide)
Bybit India offers a quick and easy registration process for Indian traders. Signing up is simple, and users can register using either an email address or mobile phone number. Here's a step-by-step guide to create your Bybit India account:
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Visit the Bybit India Website - Go to Bybit.com and click on the Sign Up button located in the top-right corner of the page.
Bybit registration interface with welcome bonus for Indian traders 
Bybit mobile registration interface with welcome bonus for Indian traders -
Enter Your Contact Information - Provide your email address or phone number. Create a strong password (at least 8 characters, including one uppercase letter, one lowercase letter, and a number).
Bybit registration form with email and referral code for Indian traders 
Bybit mobile registration with welcome bonus up to $30,050 for Indian traders -
Complete Security Verification - Solve the captcha puzzle to confirm that you are human.
Bybit puzzle verification step for Indian traders during registration -
Verify Your Email or Phone Number - Bybit will send a one-time password (OTP) to your email or phone number. Enter the code to complete the verification process.
Bybit email verification step for Indian traders during registration -
Log In to Your Account - After verification, you can log in and access all of Bybit's features.
Bybit first login welcome screen with $50 reward for Indian traders 
Bybit mobile first login screen with bonus offer for Indian traders -
Set Up Security Features - For added protection, it is highly recommended to enable Two-Factor Authentication (2FA) and set up an anti-phishing code.
Bybit two-factor authentication settings page for Indian traders
Bybit India KYC Verification – Do You Need It?
Bybit India operates as a regulated centralized exchange, which requires Know Your Customer (KYC) verification to comply with financial regulations and prevent fraud. Bybit offers two KYC levels:
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Level 1Required for all users. Increases withdrawal limits to 1 million USDT per day and grants access to basic trading features.
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Level 2Unlocks additional features, including the Bybit Card , and increases limits to 2 million USDT per day. Also provides access to exclusive promotions and fiat services.
How to Complete KYC Verification on Bybit India:
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Go to Account & Security in your profile settings. Click Identity Verification and select your desired KYC level.
Bybit identity verification page for Indian traders selecting country 
Bybit mobile identity verification with PAN option for Indian traders -
Upload a valid government-issued ID (passport or national ID card).
Bybit identity verification document type selection for Indian traders 
Bybit mobile identity verification document type selection for Indian traders -
Complete facial recognition verification.
Bybit ID verification tips for clear document submission for Indian traders 
Bybit mobile ID verification tips for clear document submission for Indian traders -
Wait for approval (this usually takes anywhere from a few minutes to a few hours).
Bybit welcome page with verification steps for Indian traders
Why Should You Complete KYC on Bybit India?
Completing KYC verification on Bybit India offers several key benefits for traders:
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Higher withdrawal limits – With Level 2 KYC, your withdrawal limit can increase up to 2 million USDT per day.
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Access to fiat services, copy trading, and exclusive promotions – Enjoy more trading options and promotional offers.
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Improved security and account recovery options – KYC enhances the safety of your account, making it easier to recover your funds if needed.
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Ability to participate in Bybit Earn, Launchpad, and other advanced features – Unlock additional opportunities for earning and investment.
By completing KYC on Bybit India, you'll be able to access a wider range of services and features, ensuring a better and safer trading experience.
Fees and Charges
Bybit Trading Fees (Maker/Taker)
Bybit India uses a maker-taker fee model, which distinguishes between the roles of market makers and takers. Makers add liquidity by placing orders, while takers remove liquidity by filling those orders. Here's a breakdown of the trading fees based on the type of trading:
- Spot Trading: 0.1% Maker / 0.1% Taker
- Futures Trading: 0.02% Maker / 0.06% Taker
VIP Tier Fee Discounts
Bybit India offers a VIP tier system that allows traders to benefit from reduced fees. The discount is based on the user's 30-day trading volume and asset balance. As traders reach higher VIP levels, they unlock progressively lower fees, enhancing the cost-efficiency of their trades.
| VIP Level | Spot Maker Fee | Spot Taker Fee | Futures Maker Fee | Futures Taker Fee |
|---|---|---|---|---|
| VIP 0 | 0.1% | 0.1% | 0.02% | 0.06% |
| VIP 1 | 0.08% | 0.08% | 0.018% | 0.05% |
| VIP 2 | 0.065% | 0.0775% | 0.016% | 0.0375% |
| VIP 3 | 0.0625% | 0.075% | 0.014% | 0.035% |
| VIP 4 | 0.05% | 0.06% | 0.012% | 0.032% |
Bybit Deposit and Withdrawal Fees
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INR Deposits
Free via P2P, bank transfers may have transaction fees.
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Crypto Withdrawals
Fees depend on the blockchain network (e.g., BTC withdrawal ~ 0.0005 BTC).
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Fiat Withdrawals
Vary by payment provider, usually between 0.08% – 2%.
Trading
Bybit Spot Trading (How to Buy/Sell Crypto)
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Choose a crypto pair (BTC/USDT, ETH/INR, etc.) based on market trends, liquidity, and your trading strategy. Consider volatility, trading volume, and the best pairing for your preferred currency or asset.
Bybit spot trading pairs list for Indian traders 
Bybit mobile spot trading pairs list for Indian traders -
Select Market or Limit Order
Bybit trading chart with order book for Indian traders 
Bybit mobile trading screen with order types for Indian traders -
Execute the trade and store funds in your Bybit wallet.
Bybit Futures and Derivatives Trading (What is Margin Trading, Leverage?)
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Trade BTC, ETH, XRP, and more with up to 100x leverage ⚠️ High leverage increases both potential gains and risks. Beginners should start with lower leverage to avoid significant losses.
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Use risk management tools: Stop Loss, Take Profit to limit potential losses and lock in profits. Stop Loss helps prevent excessive downside by automatically closing a position when a predetermined price is reached, while Take Profit secures gains by closing the trade at a target price before the market reverses.
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Explore Copy Trading, Trading Bots, and Pre-Market Trading to maximize your trading opportunities.
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Copy Trading: Follow and replicate the trades of experienced traders automatically, allowing you to benefit from their strategies without needing advanced trading knowledge.
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Trading Bots: Automate your trades based on pre-set conditions and strategies, optimizing market opportunities while reducing manual effort.
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Pre-Market Trading: Access new token listings and trading opportunities before they go live, giving you an advantage in securing early positions.
Security and Safety
Is Bybit Safe for Indian Traders?
Bybit prioritizes security through a multi-layered protection system:
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Cold storage wallets for user funds, reducing exposure to cyber threats
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Multi-signature authentication to prevent unauthorized transactions
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Proof of Reserves (PoR) for transparency in asset holdings
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Two-Factor Authentication (2FA) and withdrawal whitelisting for enhanced security
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Insurance fund to protect traders from liquidation risks
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Real-time monitoring and anti-phishing measures
Notably, Bybit consistently publishes its Proof of Reserves audit results, promoting transparency for traders. This practice enables users to confidently verify that their assets are fully backed at all times.
Remarkably, the platform has never suffered a major security breach and proudly maintains a high AA security rating from independent auditors.
Deposits and Withdrawals
Bybit India: INR Deposits and Withdrawals for Traders
Bybit India simplifies funding for Indian traders through its P2P trading platform, supporting INR deposits via UPI, IMPS, NEFT, and RTGS. As one of the best crypto exchanges in India, Bybit India ensures secure and fast transactions tailored to local needs.
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Bybit INR Deposits
Use P2P trading to deposit INR for free via UPI or bank transfers. Buy USDT or other cryptocurrencies from verified sellers with confidence.
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Bybit deposit payment methods selection for Indian traders 
Bybit mobile deposit in INR with payment methods for Indian traders -
Crypto Deposits
Transfer Bitcoin, Ethereum, or other cryptocurrencies to your Bybit account at no cost.
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Bybit crypto deposit steps for Indian traders 
Bybit mobile crypto deposit coin selection for Indian traders -
Third-Party Services
Bybit India partners with Banxa, Onramp, NeoFi, MoonPay, and Mercuryo for quick fiat-to-crypto purchases using cards or bank transfers.
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Bybit third-party payment methods selection for Indian traders
Bybit Withdrawal Options
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INR Withdrawals: Sell USDT via P2P trading and withdraw INR to your bank account using UPI or IMPS
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Bybit P2P withdrawal payment methods for Indian traders 
Bybit mobile P2P withdrawal in INR with payment methods for Indian traders -
Crypto Withdrawals: Send cryptocurrencies to external wallets with minimal blockchain fees (e.g., 0.0005 BTC for Bitcoin).
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Bybit crypto withdrawal interface for Indian traders 
Bybit mobile crypto withdrawal interface for Indian traders
Complete the Bybit KYC process for higher withdrawal limits and check Bybit fees explained in the fees section.
Bonuses and Promotions
Welcome Bonus and Rewards for Traders at Bybit India
Bybit India provides exciting promotions to enhance your trading. For instance, Indian traders can access rewards tailored to their needs.
Bybit Welcome Bonus
Sign up on Bybit India and deposit $100 to claim a $20 welcome bonus, perfect for crypto trading for beginners in India.
Deposit and Trade Rewards
Earn up to $500 in bonuses by trading specific volumes, plus enjoy trading fee rebates and cashback.
Bybit Rewards Hub
Complete tasks like KYC or trading challenges to unlock USDT bonuses and exclusive NFTs via the Bybit NFT marketplace.
Bybit Referral Program
Invite friends to Bybit and earn up to 1,710 USDT, plus a 30% commission on their trading fees.
Bybit VIP Program
High-volume traders get lower fees, priority support, and access to staking rewards and special promotions.
Bybit vs Competitors
Bybit Disadvantages
- KYC Required: Higher withdrawal limits and full features require verification
- Limited INR Direct Deposit Methods: Only available through P2P trading
- Not Available in Some Regions: Restrictions in the US, UK, and Canada
- High Leverage Risk: Up to 100x leverage, which can be risky for beginners
Bybit vs Binance, OKX, and WazirX
| Feature | Bybit | Binance | OKX | WazirX |
|---|---|---|---|---|
| Trading Fees | Lower than Binance | Standard | Competitive | Higher |
| P2P INR Trading | More options | Limited | Good | Best |
| Leverage | Up to 100x | Up to 125x | Up to 75x | Up to 10x |
| KYC Requirements | Required for full access | Required | Required | Mandatory |
| Security Rating | High | Very High | High | Medium |
| Supported Cryptos | 1,650+ | 350+ | 1,240+ | 250+ |
| Futures Trading | ✅ Yes | ✅ Yes | ✅ Yes | ❌ No |
| Spot Trading | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Staking | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ❌ No | ✅ Yes | ❌ No |
| Fiat On-Ramp | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Mobile App Rating | 4.6/5 (Android), 4.7/5 (iOS) | 4.5/5 (Android), 4.6/5 (iOS) | 4.4/5 (Android), 4.5/5 (iOS) | 4.2/5 (Android), 4.3/5 (iOS) |
| Regulatory Compliance | Registered in Dubai, Cyprus | Registered in multiple jurisdictions | Registered in Seychelles | India-based |
Why Choose Bybit Over Binance, OKX, or WazirX?
Honestly, Bybit stands out as a beginner-friendly and cost-effective crypto exchange, particularly for Indian traders looking to dive into the market with ease. Unlike Binance, which can feel overwhelming with its complex fee structures and limited INR deposit options, Bybit makes things refreshingly simple. It offers seamless P2P INR trading and a clear maker-taker fee model that’s easy to grasp, even if you’re just starting out.
On the other hand, OKX brings some serious competition with its trading features, but Bybit pulls ahead with its superior AA security rating and a broader selection of trading pairs—perfect for traders who want more options. Meanwhile, WazirX, while tailored for India, often falls short with higher fees and lower leverage limits , making Bybit the go-to for active traders craving flexibility and value.
In short, if you’re an Indian trader hunting for a secure, affordable, and user-friendly platform, Bybit’s got you covered. Ready to kickstart your crypto journey? Sign up with Bybit and explore its welcome bonus to hit the ground running!
Mobile App
How to Download the Bybit App on Android/iOS
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Go to the Google Play Store or Apple App Store.
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Search for "Bybit: Buy Bitcoin & Crypto" or “Bybit: Buy & Crypto”
Bybit Android app listing on Google Play Store for Indian traders 
Bybit iOS app listing on App Store for Indian traders -
Download and install the app.
Bybit Android app installed on Google Play Store for Indian traders 
Bybit iOS app download on App Store for Indian traders -
Log in with your credentials and start trading.
Bybit mobile app trading interface with BTC chart for Indian traders
Bybit Mobile App Features
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Full trading functionality – Spot, futures, and options markets available..
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Real-time market data – Instant price updates and notifications.
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Advanced charting tools – Multiple timeframes and indicators.
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Push notifications – Stay updated on market trends, price alerts, and order executions.
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Biometric security – Secure login via Face ID or fingerprint authentication.
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Access to Bybit Earn & Rewards – Participate in staking and promotions.
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Web3 integration – Connect to DeFi apps and manage NFTs.
Bybit App Ratings and User Experience
Frequently Asked Questions (FAQ)
General Questions
Is Bybit legal in India?
+Yes, Bybit operates legally in India, but traders must comply with crypto tax regulations and KYC requirements set by local authorities.
Does Bybit require KYC?
+Yes, KYC is mandatory for most trading and withdrawal activities. Without KYC, withdrawal limits are significantly lower.
What are the trading fees on Bybit?
+Bybit offers low trading fees, with a 0.1% maker/taker fee for spot trading and 0.02% maker / 0.06% taker fee for futures trading.
Can I withdraw INR from Bybit?
+Yes, INR withdrawals are possible via P2P trading, where users can sell USDT or other stablecoins for INR.
How secure is Bybit?
+Bybit employs cold storage, multi-signature wallets, 2FA, and an insurance fund to ensure user security.
Is there a Bybit mobile app?
+Yes, Bybit has a highly-rated mobile app available on Android and iOS, offering full trading functionality, real-time market data, advanced charting tools, and Web3 wallet integration.
Expanded FAQ from Google People Also Ask
How can I withdraw funds from Bybit in India?
+You can withdraw INR via P2P trading by selling USDT or other cryptocurrencies and receiving payment through UPI, IMPS, or bank transfer.
What payment methods does Bybit support?
+Bybit supports cryptocurrency deposits, P2P trading, and payments via third-party providers such as Banxa, MoonPay, and Mercuryo.
Do I need to pay taxes on crypto trading on Bybit in India?
+Yes, India imposes a 30% tax on crypto profits and a 1% TDS on transactions above a certain threshold.
Does Bybit support NFT trading?
+Yes, Bybit offers an NFT marketplace where users can buy, sell, and trade NFTs.
Is Bybit safe for storing cryptocurrency?
+Bybit uses cold storage, multi-layered security, and two-factor authentication to protect user funds.
What are the deposit and withdrawal fees on Bybit?
+Crypto deposits are free, while withdrawal fees depend on the blockchain network (e.g., 0.0005 BTC for BTC withdrawals). Fiat deposits via P2P are free, but third-party services may charge fees.
Can I trade on Bybit without KYC verification?
+Yes, but with limited functionality. Without KYC, the daily withdrawal limit is 20,000 USDT, and access to some features is restricted.
Regulations in India
Bybit operates legally in India, but traders must comply with local tax regulations and legal requirements. Here are key aspects to consider:
Crypto Taxation in India
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India imposes a 30% tax on profits from cryptocurrency trading.
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A 1% TDS (Tax Deducted at Source) is applicable on crypto transactions above a certain threshold.
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Traders must declare their crypto holdings during annual tax filings to comply with Indian financial regulations.
RBI & SEBI Guidelines
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The Reserve Bank of India (RBI) does not recognize crypto as legal tender, but trading is permitted.
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The Securities and Exchange Board of India (SEBI) has issued warnings on crypto investments, advising traders to exercise caution.
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Banks may impose restrictions on transactions related to cryptocurrency, so P2P and third-party payment methods are commonly used.
Compliance Recommendations
- Maintain records of all transactions for tax reporting.
- Use authorized P2P platforms for INR deposits and withdrawals.
- Follow updates on regulatory changes from RBI and SEBI.
- Consult a tax professional for guidance on crypto tax filings.
Bybit continues to comply with global financial regulations and is expanding fiat-to-crypto services where legally possible.
Conclusion
Remarkably, Bybit has solidified its position as a premier cryptocurrency exchange, delivering impressively low trading fees, exceptional liquidity, and a cutting-edge trading platform. With a diverse array of trading options—think spot, futures, and even copy trading—it’s no surprise that Bybit is a go-to choice for both newcomers dipping their toes in crypto and seasoned traders navigating the markets with confidence.
What’s more, Bybit takes security seriously. Robust measures like cold storage, two-factor authentication (2FA), and transparent Proof-of-Reserves audits create a fortress-like environment for your assets. Plus, the platform’s got your back with round-the-clock customer support, a sleek mobile app that’s a breeze to use, and plenty of fiat on-ramp options, making it especially appealing for Indian traders looking for a reliable hub.
Admittedly, Bybit faces some regulatory hurdles in certain countries, but that hasn’t dimmed its shine as a trusted and forward-thinking exchange for crypto enthusiasts worldwide. Feeling inspired to jump in? Sign up today and grab your welcome bonus to kickstart your trading journey!