Major cryptocurrency exchange Bybit has officially relaunched its services in the United Kingdom, offering British users access to more than 100 crypto trading pairs. The move marks Bybit’s return after nearly two years away from the UK market and signals renewed confidence in the country’s evolving regulatory environment.
The Dubai-based exchange ranks among the largest global platforms by trading volume. It previously exited the UK in 2023 after new rules from the Financial Conduct Authority reshaped how crypto firms could market and offer services to local users. As a result, Bybit paused new registrations and later shut down existing accounts for UK residents.
Why Bybit Left and Why It Is Back
Bybit stepped away when the FCA introduced stricter standards around financial promotions and consumer protections. These rules aimed to reduce misleading advertising and improve transparency for retail investors. However, they also made it difficult for overseas exchanges to operate without adjusting their compliance frameworks.
Now, Bybit has reentered the market with a UK-focused platform designed to meet local requirements. Furthermore, the exchange appears to be positioning itself ahead of broader crypto regulations expected later this decade.
What UK Traders Can Access
The relaunch brings a wide range of products back to British users, covering both spot and derivatives markets. According to Bybit, the platform emphasizes compliance while still offering variety and depth.
Key features of the UK relaunch include:
- Access to more than 100 cryptocurrency trading pairs
- A locally compliant platform aligned with FCA promotion rules
- Spot and derivatives markets for diversified trading strategies
For everyday traders, this means more choice when building portfolios. For example, users can now trade major assets like Bitcoin and Ethereum alongside smaller altcoins on a single platform.
Bybit’s return could increase competition among exchanges serving UK customers. Therefore, traders may benefit from improved liquidity and more competitive offerings. At the same time, industry watchers will track how Bybit adapts as the UK moves toward a full regulatory framework, which is currently expected to take shape by 2027.
