Bybit has no issues with transfers from Trust Wallet

The cryptocurrency exchange Bybit commented on the information that the platform is allegedly experiencing difficulties with deposits from the non-custodial wallet Trust Wallet.

"Bybit continues to fully support deposits from Trust Wallet without any restrictions," the exchange's statement said.

Representatives of the platform clarified that if potential risks or violations are identified, the exchange may selectively apply additional checks to transactions. This procedure is aimed at enhancing the platform's security and protecting users' assets.

"Currently, Bybit is developing guidelines for specific wallets, such as Trust Wallet, which may have manual deposit verification limitations. Our goal is to improve the efficiency of deposit verification," Bybit added.

Previously, it was reported that in February of this year, users from Russia accounted for 29% of Bybit's total traffic.