Are you a proud holder of a Vanuatu passport looking to trade on Bybit? Whether you're a born citizen of this beautiful Pacific island nation or you've obtained your citizenship through Vanuatu's popular Citizenship by Investment program, you've come to the right place.
In this comprehensive guide, we'll walk you through everything you need to know about completing Know Your Customer (KYC) verification on Bybit using your Vanuatu passport in 2025. From eligibility requirements to step-by-step verification processes, potential challenges, and essential tips for success – we've got you covered.
The good news? Vanuatu passports are accepted on Bybit, and with the right approach, verification can be smooth and straightforward. Let's dive in and get you trading with confidence!
Vanuatu Passport Status on Bybit: Green Light for Verification
Let's address the most important question right away: Can you use a Vanuatu passport for Bybit KYC in 2025?
The answer is a resounding yes – Bybit officially accepts Vanuatu passports for identity verification. This is excellent news for Vanuatu citizens and passport holders who want to access this popular crypto exchange.
Bybit maintains a specific list of "Excluded Jurisdictions" whose citizens or residents are barred from using the platform due to regulatory or sanctions concerns. This exclusion list covers about 15 high-risk regions, including countries like the United States, United Kingdom, mainland China, Singapore, Canada (certain provinces), and various sanctioned states such as North Korea, Iran, Syria, and others.
Vanuatu is notably absent from Bybit's restricted countries list, meaning Vanuatuan nationals are not automatically disqualified from registering and completing KYC on Bybit. In fact, Bybit serves users in over 160 countries globally, and Vanuatu is among the supported jurisdictions.
This openness reflects Bybit's risk assessment of Vanuatu. While Bybit's Terms of Service require that users must not reside in prohibited jurisdictions, Vanuatu citizens face no such geo-blocking in practice. Vanuatu has no domestic laws banning cryptocurrency usage, and crucially, it is not subject to any international sanctions by bodies like the UN or major powers.
In other words, a Vanuatu passport is considered a valid government ID for Bybit's KYC process, and holding this nationality does not by itself trigger any automatic red flags on the exchange. Bybit's own compliance checks will treat a Vanuatu passport similarly to most other accepted nationalities, in contrast to passports from blacklisted countries which the platform must reject.
The bottom line: as a Vanuatu passport holder, you are eligible to sign up and verify your identity on Bybit in 2025, enjoying access to one of the world's leading crypto exchanges (provided you also are not physically located in a banned country while using the platform).
Understanding Bybit's KYC Requirements in 2025
Before diving into Vanuatu-specific details, it's important to understand how Bybit's identity verification system works as of 2025. Like most major exchanges, Bybit uses a tiered KYC framework that progressively unlocks more account features as you provide additional information.
Moreover, since mid-2023 Bybit has made KYC mandatory for all users and all services, reflecting an industry-wide shift toward stricter compliance. Starting May 8, 2023, identity verification of at least the basic level became compulsory for anyone using Bybit. Non-verified users can no longer initiate new trades and are limited to withdrawals (with a low cap), so completing KYC is essential to actually use the platform's features.
Bybit's KYC Tiers
Individual accounts on Bybit go through up to three verification levels:
Standard Verification (Level 1)
This is the basic KYC required for all users. You must provide proof of identity (POI) and pass an identity assessment.
In practice, this means submitting personal info (name, date of birth, nationality, etc.) and a government-issued photo ID, plus completing a biometric liveness check (a selfie or video scan). Acceptable POI documents include a passport, national ID card, driver's license or residence permit.
For most Vanuatu users, your Vanuatu passport will be the primary ID used. The document must be valid (not expired) and clearly show your photo, personal details, document number, and so on.
Bybit's verification provider will automatically cross-verify your selfie with the ID to ensure they match. Under normal conditions, Standard KYC is usually approved quickly (often within 15–30 minutes), though it can take up to 48 hours if a manual review is needed.
Successfully completing Level 1 lifts the most basic limitations and allows you to trade, deposit, and withdraw up to certain amounts (more on limits shortly).
Advanced Verification (Level 2)
This second tier adds proof of address (POA) to your profile. After you've passed Standard KYC, you'll be prompted to submit a document that confirms your residential address, such as a utility bill, bank statement, or tax/government correspondence, usually dated within the last 3 months.
Advanced KYC is optional but highly recommended if you plan to use larger amounts, since it raises your withdrawal limits and may unlock additional features. For example, Bybit's withdrawal limit for a Level 1 verified non-VIP user is around 1 million USDT per day, whereas Level 2 increases it to about 2 million USDT per day.
Proof of address must typically show your name and the address you entered on Bybit, so ensure it matches your current residential information. Once you upload the address document, verification for this level can also be quite fast (often within hours if the document is clear).
Enhanced Due Diligence (Level 3 "Pro")
This is the highest level and might be automatically triggered for some users based on risk factors, or required if you seek extremely high withdrawal limits (several millions USDT per day for VIP tiers).
The Pro level doesn't have a set list of additional documents; instead, it entails a more in-depth review of your account by Bybit's compliance team. You might be asked for further ID confirmation, source-of-funds declarations, or other background information to satisfy regulatory requirements.
Not all users will go through this – only if Bybit flags your account for some reason (large transactions, unusual profile details, or hailing from a higher-risk jurisdiction) would you encounter a Level 3 EDD review. We'll discuss later why Vanuatu passport holders could face this in some cases.
Generally, if requested, you should comply by providing any additional evidence needed (such as explaining the origin of funds you plan to trade with) to get fully verified at the Pro level.
Verification Timeline and Limits
In many cases, completing Standard KYC on Bybit is almost instantaneous. Users often report Level 1 verification finishing within 15 minutes when the documentation is in order. If the system cannot auto-approve (due to unclear images or additional checks), it may take up to 24–48 hours for manual review.
Level 2 (address) might similarly take a few minutes to a day. During peak periods or if extra due diligence is required, you should be prepared for possible delays (we'll cover strategies to handle this).
Once verified, a Vanuatu user with Standard KYC can withdraw up to the equivalent of 1,000,000 USDT per day (and no fixed monthly limit). Upgrading to Advanced KYC doubles the base daily limit to 2,000,000 USDT. Higher VIP levels (based on trading volume or assets) can push limits even further (8M, 10M, etc.) upon request.
In short, Bybit's KYC structure is designed to scale with the user – the more information you verify, the more freedom and higher limits your account will have.
Step-by-Step: Completing KYC on Bybit for Vanuatu Passport Holders
Now, how does a Vanuatu citizen actually complete Bybit's KYC step by step? The process is essentially the same as for any other nationality, with just a few points of attention to ensure a smooth experience. Below is a walkthrough of the verification process, tailored for someone using a Vanuatu passport:
1. Register and Access the Verification Portal
First, sign up for a Bybit account if you haven't already. You can register with your email and a secure password (and set up 2FA for security). Once logged in, go to your account settings (click your profile icon) and navigate to "Account & Security" > "Identity Verification".
This will take you to Bybit's KYC verification center. On the mobile app, a similar path (Profile -> Settings -> Identity Verification) will lead you to the "Verify Now" button.
2. Select Country and Nationality
Bybit will ask for your country of residence and nationality during the KYC process. It's important to choose these accurately, as they influence your verification.
If you are a Vanuatu passport holder living in Vanuatu, the selections are straightforward (residence = Vanuatu, nationality = Vanuatu). If you reside abroad, select your actual country of residence (e.g., "United Arab Emirates" if you live in Dubai) and your nationality as "Vanuatu" when prompted.
Do not try to misrepresent your location, because Bybit cross-checks IP addresses and may require proof of address. Bybit's policy distinguishes nationality from residency – your passport country determines eligibility, but your residential country is also collected for compliance.
A Vanuatu citizen residing in a prohibited country like the U.S. would still be blocked despite their passport, so honest disclosure is crucial.
3. Submit Your Vanuatu Passport (Proof of Identity)
For Standard Verification (Level 1), you'll need to provide your government-issued photo ID. Choose the option for passport as the document type (this is recommended because passports are universally accepted and easier for the system to verify).
When prompted, upload a clear, high-resolution scan or photo of your Vanuatu passport's data page (the page with your photo and details). Make sure all corners are visible and no information is cut off or obscured. The image should be well-lit, in color, and without glare.
Bybit does not accept digital or photocopied IDs – it must be a scan/photo of the physical document. Alongside the document upload, Bybit will initiate a liveness check: typically, you use your webcam or phone camera to perform a facial scan or take a selfie on the spot.
Follow the on-screen instructions (you may need to center your face, blink, turn your head, etc., to prove you're real and present). This biometric step helps ensure that the person verifying is the true document holder.
Once you've submitted the passport image and completed the face verification, submit the form to Bybit for processing.
4. Complete the Identity Questionnaire (if required)
In most cases, after Step 3, your identity verification will go into an automated review. Sometimes, Bybit might present an "Identity Assessment Questionnaire" to gather a bit more info before approval.
This could include questions about your intended use of the account, source of funds, or other personal details. Not every user gets this; it's often triggered for certain jurisdictions or random checks.
If you're prompted, answer the questions truthfully and consistently. As long as your answers don't raise concerns, the assessment will typically be approved immediately after you complete it.
If you do not pass the identity assessment for some reason (perhaps an issue was flagged), you won't be able to finish Standard KYC and must contact Bybit support. However, such cases are rare if your documents are legitimate.
5. Await Standard KYC Approval
After submission, Bybit's verification partner will scan your passport details (checking its authenticity against databases) and match your selfie to the passport photo. For a Vanuatu passport, the system will be looking to verify the MRZ code and security features.
Usually within minutes you should get a result. You can refresh the verification page or check your email for confirmation. If approved, congratulations – you now have a Level 1 verified Bybit account.
You'll see a "Verified" label on your KYC status, and you can start trading, depositing, and withdrawing (up to the initial limits). If it's taking longer or gets "Under Review," just sit tight – manual checks can take 1–2 days, especially if submitted on a weekend. (If more than 48 hours pass with no update, reach out to Bybit support.)
6. Proceed to Advanced Verification (Level 2) [Optional]
If you plan to use larger amounts or just want your account fully set up, you should continue to Advanced (Address) Verification. In the Identity Verification center, click on the option to "Verify Address" or "Upgrade to Advanced".
You'll need to upload a proof of address document. Common acceptable documents include a utility bill (electricity, water, gas, internet), a bank or credit card statement, a rental agreement, or a government-issued letter, as long as it shows your full name and residential address and is dated within the last 3 months.
For example, if you live in Port Vila and have an electricity bill in your name, that would suffice. If you're a Vanuatu passport holder living abroad, you can use an address proof from your current country (it does not have to be a Vanuatu address – what matters is it matches whatever address you entered as your residence).
Upload a clear scan/photo of the document. Bybit will verify that the name and address match your profile. If everything checks out, Level 2 approval usually comes within a few hours to a day. Once verified at this tier, your withdrawal limits will increase and you'll have a more "trusted" account status.
7. Enhanced Verification (if prompted or needed)
For the vast majority of retail users, Level 1 and 2 are as far as you need to go. Level 3 (Pro) verification might only come into play if you hit certain triggers – for instance, you start transacting very large volumes, or aspects of your profile (like having multiple citizenships or an uncommon birthplace) cause compliance to manually review your account.
If you receive a request for additional information after submitting KYC, don't panic. Bybit might ask for things like a second ID, a selfie with your ID, or documents about your income/source of funds. This is known as Enhanced Due Diligence (EDD).
Simply provide the requested info promptly. For example, if you obtained your Vanuatu passport through the CBI program and your passport notes a place of birth in another country, the compliance team might inquire about that.
Be prepared to explain and provide supporting documents if needed (e.g., a certificate of naturalization or other ID from your birth country). As long as you're cooperative and nothing illicit is found, you will clear EDD and retain full access.
Throughout the process, remember to double-check all information you enter. Your name should exactly match your passport (including middle names or surname order) to avoid mismatches. The photos of your documents should be crisp and legible. Any error can lead to a rejection, meaning you'd have to correct and resubmit, extending the timeline.
The good news is that Vanuatu passports are machine-readable and in English/French, so KYC systems can recognize them relatively easily. Many Vanuatu citizens and investors have successfully completed Bybit's KYC without trouble, as the country is accepted by the platform's compliance checks.
One final note: Nationality vs. Residency. As touched on, Bybit will ask for both, and they use both. Your nationality (citizenship) is used to determine if your ID is from a permitted country (Vanuatu passes this test). Your residential address is used to ensure you are not living in a banned jurisdiction and for assessing certain regional risk factors.
If you are a dual citizen or recently obtained Vanuatu citizenship but reside elsewhere, always provide truthful answers. For instance, if you are a Vanuatu citizen living in Australia, you'll be fine (Australia is allowed) – just use your Vanuatu passport for ID and an Australian utility bill for address. But if you are physically in a restricted country, having a Vanuatu passport will not overcome that.
Bybit explicitly states that users cannot be residents of excluded locations. Attempting to circumvent this (say, by putting a false address) can lead to account termination if discovered.
In summary, ensure both your nationality and residency are compliant: a Vanuatu passport checks the nationality box, and you should be residing in a country that Bybit supports (which includes most of the world outside the few sanctioned markets).
By following these steps, Vanuatu passport holders can complete Bybit's KYC procedure with relative ease. Next, we will examine some challenges that might arise in the verification process and how to address them, as well as any particular pitfalls that Vanuatu citizens should be aware of.
Potential Challenges and Solutions
While verifying with a Vanuatu passport on Bybit is generally straightforward, you might encounter some hurdles. These are usually common KYC issues or related to Vanuatu's unique circumstances (such as the CBI program). Here are the most likely challenges Vanuatu users could face during Bybit's KYC, and how to solve them:
Challenge 1: Document Rejection
Issue: Your passport or address document upload gets rejected by the system, either instantly or after a short review. This is often due to image quality or format problems – for example, the photo is blurry, part of the passport is cut off, or the text isn't clear enough for OCR reading.
Sometimes a scan can be too dark or have glare, leading the automated check to fail. In rarer cases, an unusual passport number format or an expired document could be the culprit.
Solution: Make sure you submit high-quality images. Use a smartphone or scanner to capture your passport with good lighting: no shadows, no glare on the laminate, and all four corners visible. The details (passport number, your name, DOB, etc.) must be legible. Avoid using screenshots or low-resolution copies.
If the passport is rejected, try again with a better photo – perhaps take the picture against a dark background so the edges of the document are visible. Also verify that your passport is valid (not expired) and that you chose the correct document type in the menu (select "Passport", not "ID card", when uploading, since choosing wrong can confuse the system).
For proof of address, ensure the document clearly shows your name and address; if the scan is faint or parts are cut off, re-scan it. Bybit typically allows you to retry submission if it fails the first time.
If rejections persist after multiple attempts with clear images, reach out to Bybit support – they might manually verify the document. Using a different device or browser for the upload can also help in case the issue was technical on the first device.
Challenge 2: Address Verification Difficulties
Issue: Some users struggle to provide an acceptable proof of address. This can happen if you don't have conventional utility bills or bank statements in your name. For instance, if you recently relocated, live with family, or if you obtained Vanuatu citizenship but don't actually reside in Vanuatu, you might not have documents showing a Vanuatu address.
Even if you live in Vanuatu, many people use P.O. boxes or informal addresses that might not appear on utility bills. This challenge isn't unique to Vanuatu, but it can be pronounced for small-island citizens and expats.
Solution: Remember that Bybit accepts a variety of address documents, not just utility bills. If you lack an electricity or water bill in your name, consider alternatives: a bank or credit card statement (paper or PDF) with your address, a property tax receipt, an insurance statement, a phone/internet bill, or any official correspondence (like a letter from a government agency or a rental contract) that has your name and address.
Many Vanuatu CBI citizens reside overseas – if you're one of them, you can use your foreign residence's proof (e.g., a Dubai bank statement if you live in the UAE). The document doesn't need to be from Vanuatu; it just needs to match the address you provided in the form. Ensure the document is recent (within 3 months) and preferably in English (if it's in French or another language, provide the original; the verification team often can still recognize key info, or you can ask support if a translation is needed).
If you truly cannot produce any traditional proof of address (say, you just got your first passport and have no bills yet), you might contact Bybit support. In some cases, they may allow alternative verification, such as a signed letter from a local municipality or a "bank reference" letter stating your address.
Being proactive and asking Bybit for guidance can turn up options. The key is to demonstrate a link between you and the address you claim – one way or another.
Challenge 3: Name Mismatch
Issue: The name on your documents isn't 100% consistent. Perhaps your Vanuatu passport shows your full legal name (e.g., "Johnathan T. Doe"), but your utility bill shows a shortened name or nickname ("John Doe"), or your ID from your original country has a maiden name.
Such mismatches can confuse the verification system and cause a delay or request for clarification. This is particularly relevant for CBI citizens: if you have multiple passports (from different countries), you might have used slightly different name formats on each.
Solution: Use the same name format across all documents if possible. When registering your Bybit account and filling in personal info, enter your name exactly as it appears on your Vanuatu passport. Ideally, your proof of address should also reflect that same name.
If you have a document in another name (for example, some people drop a middle name in utility accounts), you might want to get an alternative document that has the full name. If that's not possible, be prepared to provide additional evidence to explain the discrepancy.
For instance, if your utility bill has your initials instead of full name, you could supply a bank statement that shows both your name and address correctly. In cases of a legal name change (marriage, etc.), you might provide the marriage certificate if asked.
The goal is to leave no doubt that all documents refer to the same person. Bybit's team can manually approve a case with minor name differences if they see adequate proof.
A quick tip: if your Vanuatu passport has multiple given names and your other documents only use one, use the passport for primary verification (which you will) and then use a bank statement that also includes your full name for address. Banks often record your full legal name, which helps. Consistency is key to avoiding this issue in the first place.
Challenge 4: Enhanced Due Diligence (EDD) Delays
Issue: Your account might be flagged for enhanced due diligence, leading to longer verification times or extra documents being requested. For Vanuatu users, a common trigger can be the fact that Vanuatu's CBI program allows people from various countries (including some high-risk jurisdictions) to obtain citizenship.
For example, if a person with a Vanuatu passport was born in a country that is on sanctions lists or has AML concerns, the KYC process may take a closer look. Large initial deposit amounts or other risk indicators could also prompt EDD.
In practice, this means your verification might not be completed within the usual 15-30 minutes, but instead goes into a pending state for a few days while checks are done.
Solution: The first approach is patience and cooperation. If Bybit's system says your account is under review, allow them the time to do their checks – this is to ultimately protect you and the platform.
Meanwhile, be ready to respond to any emails or messages from Bybit asking for more information. They might ask questions about the purpose of your trading, or request a declaration of your source of funds (especially if you plan to move significant capital onto the platform).
It's wise to prepare a simple explanation and possibly documents for source of wealth/funds: e.g., if you're investing savings from a business or salary, having bank statements or a proof of funds letter handy can help.
Some Vanuatu CBI holders might be asked to provide a copy of the certificate of citizenship or a second ID from their country of origin, if their profile raises questions. Don't be alarmed – this doesn't mean you're suspected of wrongdoing; it's just a thorough check.
Provide whatever is asked promptly and truthfully. Once the compliance team is satisfied, they will complete your verification. To expedite things, it doesn't hurt to proactively inform support if, say, you have dual citizenship or if you anticipate a concern (for instance, "I was granted Vanuatu citizenship in 2022, my previous nationality was X").
By showing transparency, you make their job easier and your approval faster. The key point is that an EDD review is usually the last step before full approval – so while it might add days to the process, it typically ends with your account being fully verified as long as everything checks out.
Challenge 5: Fiat Deposit/Withdrawal Limitations
Issue: This is not a verification problem per se, but a practical limitation some Vanuatu users might notice after KYC. Bybit allows fiat on-ramp/off-ramp via third-party payment providers (for example, credit card purchases, bank transfers through partners, etc.).
Some Vanuatu passport holders or residents might find that certain payment channels are unavailable or that their credit/debit card is declined. This is often due to external financial networks rather than Bybit's own rules.
Vanuatu's small size and its classification as a higher-risk jurisdiction by entities like the EU can lead some banks or payment processors to be wary.
Solution: If you encounter difficulty linking a payment method or making a fiat deposit, consider alternative routes. Bybit's "One-Click Buy" service and P2P marketplace support many currencies – while Vanuatu's Vatu (VUV) might not be directly supported, you can often use USD or AUD options if you have access to those.
For example, you could use an Australian or international card if you have one, or a global payment service like Advcash, which may serve Vanuatu users. If direct bank transfers aren't working due to intermediary bank issues, you can deposit crypto from an external wallet or exchange as a workaround (convert some funds to USDT/BTC on another platform and send to Bybit).
Once on Bybit, you can always convert crypto to fiat via P2P traders if needed. The key is to realize that any fiat limitation is usually a third-party issue, not Bybit banning Vanuatu users from transacting.
Bybit itself does not restrict trading or crypto withdrawals for Vanuatu-verified users. So, exploring different payment providers (perhaps smaller ones that operate in Oceania or Asia-Pacific) can help.
Additionally, keep an eye on any announcements – as Vanuatu improves its compliance standing (discussed next), more banking partners may start serving its citizens. In summary, if one door is locked (say, a certain card won't work), try another door (different card, currency, or use crypto transfers). Many Vanuatu passport holders simply use stablecoins to move value, bypassing fiat complexities altogether.
By anticipating these challenges and following the suggested solutions, you can greatly smooth out your KYC experience. In most cases, Vanuatu users report successful verification on Bybit without major issues, especially if they prepare documents carefully and remain patient through any extra checks.
Next, we'll explore how Vanuatu's legal and international status may influence the process behind the scenes and what broader regulatory factors are at play.
Vanuatu's Regulatory Landscape & Its Impact on Bybit KYC
Understanding Vanuatu's position in the global AML (Anti-Money Laundering) and crypto regulatory sphere helps explain why its passport holders are generally accepted on exchanges like Bybit, as well as why there might be some heightened scrutiny in certain cases.
Here we examine Vanuatu's compliance track record, international evaluations, and recent developments, and how these factors could affect KYC outcomes for its citizens.
FATF and APG Compliance
Vanuatu is a member of the Asia/Pacific Group on Money Laundering (APG), which is the regional body affiliated with the global Financial Action Task Force (FATF) for Oceania. In the mid-2010s, Vanuatu's AML/CFT regime had significant deficiencies.
The country was placed on the FATF's "grey list" of jurisdictions under increased monitoring, which signals strategic AML weaknesses. However, Vanuatu made substantial improvements in subsequent years.
Notably, by **June 2018, FATF announced that Vanuatu had strengthened its anti-money laundering measures sufficiently and removed Vanuatu from its list of countries with strategic AML deficiencies. The FATF commended Vanuatu's progress in implementing the required reforms and indicated that Vanuatu is no longer subject to FATF's ongoing monitoring process.
This means that since mid-2018 and continuing through 2025, Vanuatu is not listed by FATF as a non-compliant country. In practical terms, this is important: KYC providers and financial institutions often use FATF lists as a baseline for risk.
The absence of Vanuatu from the FATF grey or black lists implies that there is no automatic caution or warning tied to a Vanuatu passport from FATF's perspective.
That said, being off the FATF list doesn't mean Vanuatu is a paragon of AML enforcement; it means the country has the legal frameworks largely in place. Vanuatu's last mutual evaluation (in 2018) found it compliant or largely compliant on the majority of FATF's 40 Recommendations, though its effectiveness ratings were low (indicating laws exist, but implementation needed work).
Still, the key point for a Bybit user is that Vanuatu is not under FATF sanctions or calls for countermeasures. Bybit's KYC checks will not auto-reject someone just for being Vanuatuan, whereas they might for someone from a country on FATF's blacklist.
Vanuatu has continued to work with APG on further improvements, and as of the latest FATF plenary (February 2025), Vanuatu was not added back to the "increased monitoring" list. This stable FATF status contributes positively to Vanuatu passports being accepted on exchanges.
Absence of International Sanctions or Bans
Vanuatu enjoys normal diplomatic relations worldwide and is not subject to any international sanctions regime. There are no UN Security Council sanctions on Vanuatu, and countries like the United States, EU member states, and the UK have no unilateral sanctions against Vanuatu either.
This is crucial because many crypto exchanges (Bybit included) automatically block users from sanctioned countries like North Korea, Iran, Syria, etc. In Bybit's case, their compliance system screens users against sanctions lists such as the U.S. OFAC SDN list, the EU consolidated sanctions list, and UK sanctions list.
Vanuatu as a country is not on any of those lists of prohibited jurisdictions. Therefore, a Vanuatu passport does not by itself trip any sanctions-related blocks. The only time sanctions would come into play is if an individual user from Vanuatu is personally on a sanctions list (which would be very unusual), or if their other citizenship is from a sanctioned nation.
But as far as country risk goes, Vanuatu citizens face no geopolitical embargo that would impede using global crypto services.
One area of concern internationally was visa-free travel: In 2022, the European Union suspended Vanuatu's visa-free access to the Schengen Area due to security concerns around its CBI (passport sale) scheme. This means Vanuatu passport holders now require a visa to enter EU countries, whereas before they did not.
The EU fully implemented this suspension by February 2023 for all Vanuatu passports issued since 2015. The UK took a similar stance; while Vanuatu passport holders historically needed a visa for the UK as well, the broader point is that Western authorities signaled distrust in Vanuatu's passport issuance.
However, for Bybit's purposes, what matters is that there is no law forbidding Vanuatu citizens from using financial services or crypto platforms. Vanuatu itself does not restrict its citizens from crypto trading (in fact, it's moving toward a crypto-friendly stance as we'll see), and internationally Vanuatu nationals are not blacklisted.
So, on Bybit, a user from Vanuatu won't be automatically flagged the way, say, a Syrian user would be (since Syria is sanctioned). The lack of any sanctions burden allows Vanuatu passport holders relatively unencumbered access to exchanges like Bybit.
Offshore Finance and CBI Risk Factors
On the other hand, Vanuatu's reputation as an offshore financial center and its active Citizenship by Investment program do introduce some risk perceptions. Vanuatu has long been known as a tax haven with very low taxes and a haven for offshore companies.
It has also raised hundreds of millions of dollars by granting citizenship to foreign investors. These factors cause organizations like the U.S. Department of State to keep Vanuatu on their radar.
In the State Department's annual International Narcotics Control Strategy Report (INCSR) – which evaluates money laundering risks – countries like Vanuatu are often classified as "Jurisdictions of Concern" for money laundering, largely due to the presence of offshore financial services and the sale of passports to wealthy individuals from around the world.
For example, media investigations have highlighted that Vanuatu's lax background checks in the past allowed some dubious characters (even fugitives and politically exposed persons) to obtain Vanuatu passports.
Moreover, Vanuatu has been on the EU's lists (separate from FATF) as a high-risk country for AML. The European Commission, despite FATF's 2018 clearance of Vanuatu, has kept Vanuatu on its AML/CFT high-risk third countries list in successive updates through 2023.
This means EU banks are required to apply enhanced due diligence to transactions involving Vanuatu – a clear sign of a trust deficit. Additionally, Vanuatu is on the EU's separate tax-haven blacklist, as of the latest update in October 2024. Being listed alongside the likes of Panama and Samoa in that context reinforces the view that Vanuatu is a secrecy-friendly jurisdiction.
So, how does this affect a Bybit user? Exchanges like Bybit are aware of these risk narratives. While they welcome Vanuatu users, they likely instruct their KYC providers to use a risk-based approach.
This means that a Vanuatu passport won't be outright rejected, but it may be subject to a bit more scrutiny behind the scenes. If a significant number of Vanuatu passport holders are actually individuals from other countries (China, Middle East, Africa, etc.) looking for financial privacy, the exchange will want to ensure those users still meet global compliance standards.
For instance, if a Vanuatu passport holder's profile shows they were born in a country that's sanctioned or known for financial crime, the system might flag it for human review. Or if a brand-new Vanuatu passport (say issued last month) is used, they might double-check it's legitimate and not forged (small nations' documents sometimes face extra validation to prevent fraud).
Enhanced due diligence (EDD) is the main tool exchanges use to mitigate these perceived risks. As discussed in the challenges, if anything looks off – large deposits from an offshore company, or the user immediately trying to withdraw huge sums – Bybit might pause and ask for more info.
Crucially, none of this translates into an outright ban for Vanuatu citizens. It just means Bybit may quietly treat Vanuatu as somewhat higher risk than, say, a passport from Japan or Germany.
The impact on the user is typically limited to possibly providing a bit more documentation or experiencing a slightly longer verification time if flagged. There's no evidence of Bybit imposing any special restrictions on accounts because they are Vanuatu-based beyond these compliance checks.
Indeed, many Vanuatu passport holders use Bybit without incident. Just be aware that your passport's origin might invite a closer look, not due to you personally, but due to Vanuatu's broader reputation. Transparency and cooperation, as always, will ensure this doesn't become a roadblock.
Vanuatu's Evolving Crypto Regulations and Reputation
It's worth noting that Vanuatu is actively working to improve its standing and embrace the crypto industry in a regulated manner. In 2021, reports emerged that Vanuatu was open to accepting cryptocurrency (like Bitcoin) as a form of payment for its CBI program fees, which drew international attention and some concern about money laundering risks.
Fast forward to 2023–2025, and Vanuatu has made concrete strides: the Parliament of Vanuatu passed the Virtual Asset Service Providers (VASP) Act, establishing a comprehensive legal framework for crypto businesses.
This law, enacted in March 2023 and enforced by the Vanuatu Financial Services Commission (VFSC), introduces a licensing regime for exchanges, wallet providers, and other crypto service companies operating in Vanuatu.
It mandates compliance with FATF's recommendations (including the "travel rule" for crypto transactions) and imposes strict penalties for violations – up to VT 250 million fines or 30-year jail terms for serious breaches. The intent is clearly to shore up Vanuatu's AML defenses in the crypto sector and shed any image of being a "soft spot" for illicit crypto activity.
For Vanuatu passport holders, these domestic regulatory improvements are positive news. They mean that Vanuatu is aligning itself with international norms, which over time can lead to better recognition of Vanuatu as a compliant jurisdiction.
While the EU's AML list still (unfairly) included Vanuatu as of late 2023, continued progress like the VASP Act could eventually persuade international bodies to remove Vanuatu from high-risk lists. Already, Vanuatu's officials and industry groups have been campaigning for the EU to reconsider, noting that keeping Vanuatu on the blacklist despite FATF clearance is punitive.
This reputational tug-of-war might not directly affect your Bybit account today, but it's part of the context. If anything, Vanuatu's pro-compliance pivot means that Bybit and its KYC partners will have more confidence in Vanuatu IDs over time, seeing that the country is serious about preventing illicit finance.
Additionally, Vanuatu is developing a crypto-friendly stance. The government has expressed interest in harnessing cryptocurrency for economic benefit, and the new regulations are meant not just to clamp down on bad actors but also to encourage legitimate crypto businesses to set up in Vanuatu.
Bybit itself is not based in Vanuatu (it's primarily based in Dubai and formerly in Singapore), but if Vanuatu becomes a regional hub for crypto, that can only help its citizens by association. The indirect impact on KYC is that a Vanuatu passport may start to be seen as a "crypto-friendly" passport, similar to how people view Singapore or UAE passports – i.e., a citizen of a country that welcomes crypto and has rules for it.
This could reduce the unconscious bias some compliance officers might have when they see "Vanuatu" in the documents.
In summary, Vanuatu's legal and regulatory status is a mixed bag: it's not sanctioned and has improved a lot since 2018, but it carries some offshore haven baggage and is flagged by certain international bodies for extra AML caution.
For a Bybit user, the tangible effect is usually limited to possible enhanced diligence, but nothing that prevents successful verification. So long as you understand that context and are prepared to address it if needed, your Vanuatu passport remains a solid credential for accessing the crypto world.
Key Takeaways for Vanuatu Bybit Users
- Full Eligibility: Vanuatu is not on Bybit's list of excluded jurisdictions. Both citizens of Vanuatu and those simply holding its passport via investment are permitted to register and complete KYC on Bybit. There is no automatic rejection based on Vanuatu nationality, which means you have the same access as users from most other countries.
- Standard Process: Vanuatu passport holders follow the same KYC procedure as any other supported user. Bybit's verification is tiered – Standard (ID + selfie) and Advanced (address) are the main levels, with a possible Pro level (EDD) for higher risk profiles. Completing at least the Standard tier is mandatory to use Bybit's services as of 2025.
- Documentation Preparedness: Have your valid Vanuatu passport ready as your primary ID, and prepare a proof of address document (utility bill, bank statement, etc.) showing your current residence. Ensuring these documents are clear, recent, and match the details you provide will streamline your verification. High-quality scans and accurate information can help get you verified in minutes.
- Honesty and Transparency: Be truthful about your circumstances. If you obtained your Vanuatu passport through the CBI program or if you have dual citizenship, do not attempt to conceal that in your KYC. Use your real residential address (even if outside Vanuatu) and be forthcoming if any extra questions arise.Attempting to game the system (for example, claiming residence in a non-banned country while actually living in a banned one) can lead to account closure. Bybit's system checks both nationality and residency, so transparency is the best policy.
- Regulatory Standing: Vanuatu's standing in the international compliance community is improving and this underpins the relative ease with which its citizens can pass KYC. The country has no international sanctions and has implemented modern AML laws, so a Vanuatu passport isn't red-flagged by default.However, because of Vanuatu's history as an offshore finance center, some KYC cases may get a bit more scrutiny (especially if large transactions or multiple nationalities are involved). Financial institutions are simply being cautious, but they are generally satisfied with proper documentation.
By keeping these points in mind and following the guidelines in this report, you should experience a smooth verification process on Bybit with your Vanuatu passport. While occasional challenges may occur – particularly for those who obtained Vanuatu citizenship recently or have uncommon situations – these are manageable with patience and the proper paperwork.
As of 2025, Vanuatu passport holders remain welcome in the Bybit ecosystem, reflecting the nation's efforts to align with global financial standards and its openness to cryptocurrency innovation. Whether you are a native Ni-Vanuatu or a global investor with a Vanuatu passport, you can confidently use it as your key to unlock Bybit's full trading platform and the opportunities it offers in the dynamic world of crypto.
Sources: All information has been derived from up-to-date official sources and reputable analyses including Bybit's official help center, compliance news reports, Vanuatu's regulatory announcements, and assessments by international bodies like FATF and the EU. Each factual claim in this guide is substantiated by multiple sources for accuracy and reliability.
