Bybit stands at the top of the crypto exchange world, offering the best trading services and having millions of active users.. But firstly, can anyone use Bybit?

The short answer: No, but there are alternatives
 

In this guide, you’ll learn:

• Who can (and can’t) use Bybit
• What KYC is and why it matters
• The status of Bybit in the US and EU
• How to pass KYC if you need to
• The best no-KYC Bybit alternatives for unrestricted access
   

Let’s break it down.

 

What Is KYC and Why Does It Matter?
 

KYC stands for Know Your Customer. It’s a process that banks and other businesses use to make sure their customers are who they say they are. This helps keep everyone safe by stopping things like fraud, money laundering, and the funding of criminal activities.
 

To do this, companies ask for information like your name, ID, and address. They check this information to follow the law and protect both the business and its customers. If you want to learn exactly how it works, check out our article on the Bybit KYC process.
 

KYC is important because it helps crypto exchanges follow the law and keep their platforms safe from crime. By checking who their users are, exchanges can stop fraud and money laundering. For customers, KYC adds extra security and can give access to more features like higher limits or fiat deposits. It helps build trust between the exchange and its users. When an account is KYC verified, it's easier for the real owner to prove their identity if there's ever a problem, like getting locked out or if someone tries to hack the account. Since the exchange already has your verified ID, they can quickly confirm you’re the true owner and help you recover your account.

 

Can You Use Bybit in the US?
 

Although the United States is becoming more crypto friendly, there still hasn’t been any return of the services from Bybit in the United States. Bybit is not available in the U.S. because it isn’t registered with U.S. regulators like the SEC or CFTC. U.S. law requires crypto platforms offering trading or derivatives to follow strict rules, and Bybit chose to block U.S. users to avoid legal trouble. This means people in the U.S. can’t legally use Bybit. But luckily, there are some solid alternatives.

 

Bybit and the EU: MiCA Regulations
 

Bybit recently obtained a MiCA license, allowing it to legally offer services across Europe. The exchange is now registered in Austria and operates under the name Bybit EU for users in the EEA. However, access to specific features still depends on each country’s local regulations. For example, users in the Netherlands can trade on the spot market, but derivatives and copy trading are not available due to national restrictions.

 

How to Pass KYC on Bybit (Step-by-Step)
 

If you’re not living in a restricted country and are eligible to use Bybit’s services, you'll need to complete KYC (Know Your Customer) verification. The process is straightforward. Simply log in to your account, go to the “Account & Security” section, and click on “Verify Now.” You’ll be asked to submit a valid government-issued ID (such as a passport or driver’s license) and a selfie for identity confirmation. Once submitted, verification usually takes just a few minutes to a few hours. After passing KYC, you’ll unlock full access to trading, deposits, and other platform features.

 

Palau ID as KYC
 

Some traders apply for a Palau digital ID card and use it to complete KYC on Bybit. This can allow them to access all features of the platform, even if they are from a restricted country. While the Palau ID is a legitimate government-issued identity, using it to bypass regional restrictions may violate Bybit’s terms of service. Always make sure to check your local laws and regulations before using alternative forms of ID, as doing so may carry legal or financial risks.

 

Apex Omni: A Decentralized Alternative to Bybit
 

One of the best alternatives to Bybit is Apex Omni, a decentralized exchange (DEX) developed by the same team behind Bybit. Because of this, the platform has a familiar look and feel, but there are key differences, mainly because Bybit is a centralized exchange (CEX), while Apex Omni is fully decentralized.
 

As global regulations tighten, decentralized exchanges are becoming increasingly popular. They’re easy to use, accessible worldwide, and don’t require traditional sign-up procedures.
 

A major difference is how you create an account. On Bybit, you register with an email and password, and you’ll eventually need to verify your identity with a government-issued ID. On Apex Omni, you don’t create a traditional account; instead, you connect an external crypto wallet like MetaMask. While Apex does offer the option to sign up with an email address, this method simply creates a new wallet address for you behind the scenes, since a wallet connection is required to use any DEX.
 

Because funds on Apex Omni stay in your own wallet and are never held by the exchange itself, you retain full self-custody of your assets. This reduces the risk of centralized exchange failures, making DEXs an attractive option for many traders. If you'd like more information, read our full guide on how to set up an Apex Omni account. 
 

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Other options: No-KYC Exchanges
 

Many traders are looking for centralized exchanges that don’t require KYC, and this can be a good option. There are still several platforms that allow trading without identity verification. You can find a list of no-KYC exchanges here. These exchanges often offer attractive promotions and generous deposit bonuses.
 

However, keep in mind that many of these platforms may eventually choose to expand and acquire regulatory licenses, which could lead to mandatory KYC for all users. When that happens, you may need to migrate your funds and start over on a different platform.
 

The main advantage of using no-KYC centralized exchanges is that they offer high liquidity, a wide range of trading pairs, and a user experience nearly identical to any major CEX. The only downside is the possibility that KYC requirements may be introduced in the future, forcing you to move again.

 

Comparison Table: Bybit vs ApeX vs. No-KYC Exchanges
 

Let’s compare the various options. 

Feature	bybit.com	Bybit EU	Apex Omni	No-KYC Exchanges
Liquidty	High	High	Medium (But enough)	High
Trading Pairs	370	30	81	300+
KYC	Yes	Yes	No	No
Account	E-mail	E-mail	External Wallet	E-mail
Promotions	Deposit Bonus	Deposit Bonus	Fee Discount	Deposit Bonus
Services	Spot, futures, Copy, bots etc.	Spot, futures, Copy, bots etc.	Spot, futures, Copy, bots etc.	Spot, futures, Copy, bots etc.

 

Conclusion: Which Option Is Best for You?

While the differences between Bybit, Apex Omni, and no-KYC exchanges may seem minor, they can have a big impact depending on your personal situation and goals.
 

If you live in a supported country and don't mind completing KYC, Bybit remains one of the most advanced and trusted trading platforms with excellent features and liquidity. If you value privacy, self-custody, and global accessibility, Apex Omni is a solid decentralized alternative, especially for users in restricted regions. And if you want to avoid KYC completely but still trade on a centralized platform, no-KYC exchanges offer a temporary solution, though there's always a chance they'll introduce verification in the future.

 

Ultimately, the best choice depends on your location, your comfort level with KYC, and how much control you want over your funds. Whichever route you choose, make sure to stay informed about regulatory changes and always prioritize the safety of your assets.

 

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Frequently Asked Questions (FAQ)
 

Can I use Bybit without KYC?

No, Bybit requires users to complete KYC (Know Your Customer) verification to access most features. Without KYC, you’ll face strict limits or may not be able to use the platform at all, depending on your location.

 

Why does Bybit ask for KYC?

Bybit uses KYC to comply with global regulations, prevent fraud, and ensure a safer trading environment. Verified users also benefit from higher withdrawal limits and additional platform features.

 

Is Bybit available in the United States?

No, Bybit is not available to U.S. residents due to regulatory restrictions. U.S. users are blocked from accessing the platform and cannot complete KYC verification.

 

Can I use a Palau ID to pass Bybit KYC?

Some users use a Palau digital ID to verify their Bybit account. While it is a legitimate government-issued ID, using it to bypass regional restrictions may violate Bybit’s terms of service. Always check your local laws before using alternative forms of ID.

 

What is Apex Omni and how is it different from Bybit?

Apex Omni is a decentralized exchange (DEX) built by the creators of Bybit. Unlike Bybit, Apex doesn’t require KYC and allows you to trade directly from your crypto wallet. It offers self-custody, global access, and a familiar interface for Bybit users.

 

Do I need to KYC on Apex Omni?

No, KYC is not required on Apex Omni. You can trade by simply connecting a crypto wallet like MetaMask. An optional email signup is available, but it’s used only to create a wallet address—no identity documents are required.

 

Are there centralized exchanges that don’t require KYC?

Yes, there are still a few centralized exchanges that don’t enforce KYC for smaller withdrawals and basic trading. However, this can change at any time if the exchange decides to comply with new regulations.

 

What’s the best alternative to Bybit for no-KYC trading?

Apex Omni is one of the best options for no-KYC trading, offering self-custody and a smooth user experience. You can also explore other centralized platforms on our no-KYC exchange list.

 

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