BYDFI has grown into one of the go-to crypto exchanges for traders who value accessibility and simplicity, serving over 4 million users in 100+ countries. However, like most platforms, its availability isn’t universal. Certain regions face restrictions due to regulatory frameworks and compliance policies.
This guide breaks down BYDFi restricted and support ed countries, explaining where the exchange operates freely and which regions remain off-limits for trading.
Learn more about the exchange in our full BYDFi review.
We strive to keep this information up-to-date, but regulations may change. While we regularly update this data, we make no guarantees, and it is your responsibility to verify whether your country is supported before using the platform. Due to regulations, BYDFi does not support every country. To ensure that you are eligible to register on the exchange, you can use our free BYDFi country checker.🌍 Free BYDFi Country Checker
Simply type in your country and see if you can use the platform or if your country is restricted.
BYDFI Restricted & Banned Countries
BYDFI presently faces limitations in functionality across six countries, as outlined by BYDFi in their terms of service. Those countries are mentioned below.
- United States of America
- United Kingdom
- Mainland China
- Cuba
- Iran
- North Korea
- Sudan
- Syria
Also, BYDFI does not extend its services nor engage in Know Your Customer (KYC) processes in above mentioned countries. This unavailability hinders crypto enthusiasts residing in these countries from accessing the platform, a measure undertaken to align with regulatory compliance standards.
Which Countries Does BYDFi Support?
BYDFI caters to a diverse array of countries spanning many countries like Australia, Canada, and some European countries. With an expansive reach, the platform welcomes users from over 100+ nations, affirming BYDFI’s dedication to offering a globally accessible experience.
To access the official list of supported countries on BYDFI, you can conveniently refer to their website for the most up-to-date information. If you want to know more about BYDFI check out our comprehensive review.
Is BYDFI Legal in the United States?
No, BYDFi is currently not available to users in the United States. Due to U.S. regulatory restrictions, residents are unable to create accounts or access trading services on the platform. BYDFi operates in compliance with local regulations across supported regions, but it does not hold authorization to offer services in the U.S.
Can I Use BYDFI with a VPN?
No. BYDFi is unavailable in the United States and other restricted regions. Accessing the platform with a VPN to hide your location can violate the exchange’s Terms of Service. That can lead to account suspension, frozen withdrawals, forced KYC reviews, or permanent loss of access to funds.
Using a VPN itself is not illegal in most countries, but using it to misrepresent your location to access a restricted financial service can create compliance problems. Laws vary by country and state, and there is no blanket “20-year prison and $250,000 fine” rule for simply using a VPN. The real risk is breaching platform rules and potentially triggering issues under local regulations, especially where sanctions or licensing requirements apply.
BYDFI Alternatives
If you live in a country where BYDFi is restricted, you can still access similar trading experiences through other reputable exchanges. For instance, Kraken is a fully licensed option for users in the United Kingdom, offering strong regulatory compliance and advanced trading tools.
In regions where BYDFi isn’t available, platforms like Bitget provide excellent alternatives with low trading fees, deep liquidity, and a wide selection of crypto assets. Both exchanges are recognized for reliability, security, and accessibility, making them strong substitutes for BYDFi.
To explore their full range of features, read our detailed Kraken and Bitget reviews.
Does BYDFI Require KYC?
BYDFI mandates Know Your Customer (KYC) verification exclusively for deposits made through Indonesian, Vietnamese, or Thai fiat channels. In these instances, individuals are obligated to fulfil 20% of the transaction deposit amount on perpetual contracts before becoming eligible for withdrawal.
It is essential to note that BYDFI, in general, does not necessitate KYC verification for its users. However, there are specific scenarios, namely deposits through Indonesian, Vietnamese, or Thai fiat channels, where users must adhere to the KYC process Individuals must be aware of the varying requirements based on their geographical location or chosen fiat channel for deposits.
Final Thoughts
Understanding BYDFi’s regional policies helps you trade safely and avoid unnecessary issues. While the exchange isn’t available everywhere, learning where it operates can guide smarter choices.
If access is limited in your country, trusted alternatives like Kraken and Bitget offer reliable options. For a deeper look at its features and supported regions, read our full BYDFI review. Remember, your cryptocurrency journey need not be restricted by constraints; making informed decisions lays the foundation for a smooth and rewarding trading experience.
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