Bybit’s Exit from India: What’s Next for Traders?

[Gentlord]

The news about Bybit halting trading for Indian users starting January 12 is one of those wake-up calls for anyone in the crypto space. It really got me thinking about how fast the game is changing, especially when it comes to regulations. A couple of my friends in India are suddenly left wondering, What now? and honestly, I’m wondering the same thing.

Switching platforms isn’t as easy as it sounds. It’s not just about finding another exchange where you can sign up and start trading. After what happened with WazirX recently, trust feels like it’s in short supply. You can’t ignore security concerns anymore hacks, frozen withdrawals, or even exchanges that shut shop overnight have made everyone extra cautious.

Some platforms are already making moves, securing licenses in Europe, showing their proof-of-reserves, and talking about fund protection measures. That’s the kind of transparency people are starting to demand, and honestly, it’s overdue.

What’s your take? If you’re in India or even outside watching these shifts how do you decide where to trust your funds and trade?