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Bybit P2P review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Bybit P2P suits European readers who want a long coin list from a licensed operator rather than a narrow exchange. It lists 396 coins and runs under Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF) with MiCA licences, so the paperwork and the coin choice both hold up.

Key facts

Best for
A long coin list held by a MiCA licensed European entity
Coins listed
396↗
Regulators
Austrian Financial Market Authority (FMA), Commission de Surveillance du Secteur Financier (CSSF)↗
Proof of reserves
Yes↗
Legal entity
Bybit EU GmbH↗
Headquarters
Austria↗
Founded
2018↗
Support channels
Help-centre↗
Official website
bybit.com

Crypto wallets

Custody
Custodial↗
Coins supported
396↗

Facts checked September 26, 2026, 5 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Lists 396 coins, a longer set than bunq, which lists from 350.
  • Publishes proof of reserves while 15.9% of comparable exchanges do not.
  • Regulated by Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF), each holding a MiCA licence.

Cons

  • Support runs on help centre only, so self-serve articles carry every query.
  • Custody is custodial, so balances depend on the platform rather than a wallet in your own hands.

Ready to try Bybit P2P?

Scored 9.0 / 10 by HodlCue.

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Who it suits

  • Traders who want 396 listed coins and a MiCA licensed operator behind the account.
  • EU readers who weigh regulators and published proof of reserves above a bank app.
  • Readers who can work through help centre and accept custodial custody.

Who should look elsewhere

  • Bitpanda readers, who want the longer coin list at from 650.
  • ActivTrades readers, who are looking for a much shorter list than 396.
  • bunq readers, who want a bank account alongside crypto rather than an exchange with custodial.

Safety and regulation

Bybit P2P reports to Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF). The Austrian licence is MiCA CASP 529900B4G0EGK7Z9KT45 and the Luxembourg one is MiCA CASP 984500F14CA4571AAC11, both issued as MiCA CASP authorisations, so the entity is cleared for crypto asset services in those markets. Proof of reserves is published, which lets readers check stated holdings against reported balances.

Who runs it

The operator is Bybit EU GmbH, based in Austria, and the group dates back to 2018. Customer contact runs through help centre, so self-serve articles carry most questions. The MiCA licences MiCA CASP 529900B4G0EGK7Z9KT45 and MiCA CASP 984500F14CA4571AAC11 sit behind the European entity, which keeps the registration in reach for EU readers.

How Bybit P2P compares

Where Bybit P2P is available

Licence in Austria
Austrian Financial Market Authority (FMA) (MiCA CASP 529900B4G0EGK7Z9KT45), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia
Licence in Luxembourg
Commission de Surveillance du Secteur Financier (CSSF) (MiCA CASP 984500F14CA4571AAC11), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Frequently asked questions

Is Bybit P2P regulated in Europe?+

Yes. The platform reports to Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF). The Austrian authorisation is MiCA CASP 529900B4G0EGK7Z9KT45 and the Luxembourg one is MiCA CASP 984500F14CA4571AAC11, both under MiCA. Readers in those markets can match the identifiers against the public registers.

Does Bybit P2P publish proof of reserves?+

It does. Bybit P2P publishes proof of reserves, so stated wallet holdings can be read against reported balances. Accounts are custodial, which means those balances sit with the platform rather than a wallet you hold the keys to, so the published snapshot is the main handle on where funds are.

How many coins can I trade on Bybit P2P?+

The spot desk lists 396 coins. For scale, Bitpanda lists from 650 and bunq lists from 350, so the list is long without being the longest here. More listings mean more pairs to search when you want a token outside the majors.

Who holds the coins on the account?+

Custody is custodial, so balances are held for you by the operator rather than in a self-custodied wallet. The European entity behind the account is Bybit EU GmbH, registered in Austria, which is where the contractual relationship sits for EU readers.

How do I get help from Bybit P2P?+

Support runs on help centre only, so answers come from self-serve articles. Among comparable exchanges, 19.2% offer phone support, so readers who want a person on a stalled payment have to manage without one here.

What do trading fees look like across the exchanges here?+

Taker fees across the site have a median of 0.2%, and the middle band of listings runs 0.06% to 0.55%. Use that band as the yardstick for any single exchange, including Bybit P2P, rather than one headline number.

Who is Bybit P2P likely to suit?+

It suits readers who want a long coin list, 396 of them, and care that the operator is licensed in Austrian Financial Market Authority (FMA) and Commission de Surveillance du Secteur Financier (CSSF). It does not suit anyone who needs phone support or holds coins in a self-custodied wallet, since custody is custodial and support is help centre only.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Taker fee, Fiat deposit methods.

Bybit P2P

A long coin list held by a MiCA licensed European entity

9.0/10See alternatives