Crypto platform
Is Bybit Available in Canada? (2026 Check)
By ForexCanada Editorial Team · Updated
Regulatory warnings & notices
Canada check
Bybit announced in 2023 that it would stop serving Canadian users because of regulatory developments. It does not appear on the CSA list of authorized platforms.
- Canadian status
- Left Canada / barred
- Canadian entity
- None — not registered in Canada
- CIPF coverage
- No
- OBSI complaints
- No Canadian ombudsman access
- Accepts Canadians
- Not available to Canadians
- Licences abroad
- —
- Founded
- 2018
- Headquarters
- Dubai, UAE
Our take on Bybit
Bybit is a large offshore crypto derivatives exchange that exited Canada in 2023. Crypto derivatives with high leverage are not offered to Canadian retail investors by authorized platforms.
Bybit built its business on perpetual futures and high-leverage crypto derivatives — products that authorized Canadian crypto platforms can't offer to retail clients. Rather than restructure its offering, Bybit withdrew from Canada. Canadians who want regulated crypto exposure can use CSA-authorized platforms for spot crypto or Canadian-listed crypto ETFs through a registered brokerage.
Verdict
Not available in Canada.
What we like
- +Large global derivatives exchange (outside Canada)
Watch out for
- −Exited Canada in 2023
- −Not authorized by Canadian regulators
How Bybit scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- Mobile app, Proprietary web
- Markets
- Crypto
- CAD / USD accounts
- — CAD | — USD
- Demo account
- Not advertised
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify Bybit yourself
- Check the CSA list of authorized crypto trading platforms for the company operating Bybit.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Registered alternatives for Canadians
These platforms are authorized by Canadian securities regulators:
Kraken Canada
Crypto platform
Active crypto traders who want low fees and deep CAD markets
Coinbase Canada
Crypto platform
Users who want a globally known, listed company with a polished app
NDAX
Crypto platform
Albertans and fee-conscious users who want a simple fee structure
Bybit: frequently asked questions
Is Bybit regulated in Canada?
No. Bybit is not registered with CIRO or any provincial or territorial securities regulator. Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.
Can Canadians open an account with Bybit?
No. At our last check Bybit did not accept Canadian residents. Using a VPN or false address to get around this breaches the broker's terms and can put your funds at risk.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
Loading reviews…