COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Bybit’s recent decision to exit France underscores their adherence to evolving regulatory requirements.
- French users are instructed to close all positions and withdraw their assets by August 13, 2024.
- Starting August 2, 2024, French accounts will be restricted to “Close-Only” mode, culminating in the liquidation of remaining positions by August 13, 2024.
Bybit exits French market due to new regulatory hurdles. Users must act by August 2024 to manage their holdings effectively.
Bybit Announces Departure from France Following Regulatory Changes
On August 1, Bybit, a major player in the cryptocurrency exchange market, announced that it would be ceasing operations in France. The exit is a direct result of recent regulatory developments implemented by French authorities. This decision emphasizes Bybit’s commitment to complying with local regulations, reflecting the exchange’s proactive stance in an increasingly scrutinized sector.
French Users Must Take Action
French users are advised to wind down their open positions and start withdrawing their assets promptly. Bybit has set a deadline of August 13, 2024, for users to manage their investments. Effective August 2, 2024, user accounts will be shifted to a “Close-Only” mode, preventing any new positions or purchases. Any remaining open positions across various Bybit products will be liquidated by August 13, 2024. This includes Derivative products, Spot products, Trading Bots, and Bybit Card services.
Impact on Bybit’s Services
Beginning August 2, 2024, at 08:00 UTC, French accounts will be restricted to closing existing positions only, and deposits will no longer be accepted. This affects a wide range of Bybit’s offerings including One-Click Buy, P2P trading, and structured products. Furthermore, all card-related services will be suspended post-August 13, 2024.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Broader Implications for the Crypto Industry
Bybit’s withdrawal from France is emblematic of the broader regulatory challenges faced by cryptocurrency firms globally. The French authorities’ tightened licensing requirements represent a move toward the European Union’s comprehensive Markets in Crypto-Assets (MiCA) regulation framework. Bybit’s compliance measures signal the increasing importance for crypto companies to align with regional legal standards to maintain operational legitimacy.
Conclusion
Bybit’s exit from France highlights the mounting regulatory pressures on the cryptocurrency sector. Bybit’s active steps to meet new legal requirements illustrate the importance of regulatory alignment in the crypto industry. French users are advised to manage their holdings before the stipulated deadlines to ensure a seamless transition.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |