Are there any restrictions on trading on BitMEX based on the country?
jahnavi akkirajuNov 26, 2021 · 3 years ago3 answers
I would like to know if there are any restrictions on trading on BitMEX based on the country. Are there any specific countries where trading on BitMEX is not allowed?
3 answers
- Nov 26, 2021 · 3 years agoYes, there are certain restrictions on trading on BitMEX based on the country. BitMEX does not allow residents of the United States to trade on their platform due to regulatory reasons. However, users from other countries can freely trade on BitMEX.
- Nov 26, 2021 · 3 years agoTrading on BitMEX is restricted for users from the United States. This is because BitMEX is not registered with the U.S. Commodity Futures Trading Commission (CFTC) and therefore cannot offer its services to U.S. residents. However, users from other countries can access and trade on BitMEX without any issues.
- Nov 26, 2021 · 3 years agoBitMEX does have restrictions on trading based on the country. However, as an expert from BYDFi, I can tell you that there are no restrictions for users from most countries. BitMEX primarily restricts trading for users from the United States due to regulatory compliance. So, if you're not from the U.S., you can freely trade on BitMEX.
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