Bybit to Adjust Service Provision in South Korea

Dear Bybit Users,

Bybit regularly evaluates the viability of providing the quality services clients have come to expect, while staying in compliance with local regulatory changes. In light of that we will discontinue the following services, effective from Sept. 20, 2021.

  • Korean language support on Bybit’s official platforms
  • Official Korean community on social media

Bybit does not support any Korean won markets, such as won denominated trading pairs, payments or transactions. All other services shall remain functional.  

Bybit believes that regulations are necessary for the democratization of cryptocurrency. Bybit accepts its responsibility as an exchange and an industry leader in actively cooperating with regulations implemented by various jurisdictions to promote financial inclusion and develop the overall crypto industry.

Bybit will endeavor to provide the best services and be the most reliable exchange for the emerging digital asset class by engaging in productive dialogues with regulators and legal professionals to prevent any inconvenience. 

Thank you for your support and understanding. 

Best,

The Bybit Team 

2021-09-17

* Bybit reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.