Yesterday I saw a tweet about Kill Wolf being controlled by Bybit risk management I specifically went to ask Mr. Wolf why Bybit's risk control has to wait for about 30 days There are mainly two reasons Firstly, Bybit now faces greater pressure on license plates In recent years, Bybit has been striving for global compliance, and European MiCA and Dubai VARA are not intended for issuing announcements After obtaining the license plate, we have to follow the rules to proceed KYC、AML、Travel Rule， These things that people used to think were far away from themselves now directly affect withdrawals and risk control Especially for large transfers P2P、 Cross chain and frequent address changes can easily be blocked if the link looks dirty The platform doesn't want to post it, it's afraid to post it randomly After Binance was fined $4.3 billion, all exchanges know that compliance is not just talk If something really happens, it will damage the platform So Bybit would rather go through multiple trials now than take risks just to speed up Secondly, Bybit is already a high leverage contract platform Contract platform is different from spot platform Under high leverage, there are more things such as abnormal trading, collusion, arbitrage, multi account trading, and black money fast in and fast out So its risk control will naturally be more sensitive IP jump, device change, sudden large deposits and withdrawals, more complex cross chain paths, P2P receiving abnormal funds, may be pulled for manual review In addition, with previous security incidents, the platform will definitely upgrade its defense Withdrawals, loans, accounts, addresses, and fund paths will all have new rules added The user experience is: I used to be able to mention it, but now it's not possible? Binance OKX has been released, why hasn't Bybit been released yet? Actually, it's just that the standards are different Binance and OKX are also strict, but their automation models are more mature, and many scenarios can be directly judged Bybit is now more conservative If you're unsure, stop first and explain clearly before releasing Quick resolution of Binance and OKX does not necessarily mean they are safer Bybit solves slowly, but that doesn't necessarily mean there's a problem Essentially, it is about how much compliance risk the platform is willing to bear Bybit is now using more complicated ways to switch to long-term compliance Short term users may be annoyed But if the exchange really wants to survive in the long run, this may be the platform's moat