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Are there any restrictions or limitations when trading on BitMEX from the US?

avatarJooDec 16, 2021 · 3 years ago3 answers

What are the specific restrictions or limitations that traders from the US need to be aware of when trading on BitMEX?

Are there any restrictions or limitations when trading on BitMEX from the US?
BitMEX
Cryptocurrency
Trading

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, there are certain restrictions and limitations for US traders when using BitMEX. Due to regulatory concerns, BitMEX does not allow US residents to trade on its platform. This restriction is in place to comply with the regulations set by the US Commodity Futures Trading Commission (CFTC). US traders should consider using alternative platforms that are available to them.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, BitMEX does not currently support trading for users based in the United States. This restriction is due to regulatory requirements and compliance with the CFTC. US traders can explore other cryptocurrency exchanges that are compliant with US regulations to continue their trading activities.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that BitMEX does not allow US traders to trade on its platform. However, there are other exchanges, such as BYDFi, that provide trading services to US residents. It's important for US traders to stay updated on the latest regulations and choose platforms that are compliant with the local laws.

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