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What are the steps to run BitMEX in the US?

avatarCrabtree PilegaardDec 15, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to run BitMEX in the US? I'm interested in knowing the process and requirements.

What are the steps to run BitMEX in the US?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Running BitMEX in the US involves a few steps. First, you need to create an account on the BitMEX website. Then, you'll need to complete the KYC (Know Your Customer) verification process by providing your personal information and supporting documents. Once your account is verified, you can deposit funds into your BitMEX account using cryptocurrencies. Finally, you can start trading on BitMEX by selecting the desired trading pair and placing your orders. Keep in mind that BitMEX has certain restrictions and regulations for US users, so make sure to comply with them to avoid any issues.
  • avatarDec 15, 2021 · 3 years ago
    Running BitMEX in the US is not as straightforward as it used to be. Due to regulatory concerns, BitMEX has restricted access for US users. However, there are still ways to access BitMEX from the US. One option is to use a VPN (Virtual Private Network) to mask your IP address and bypass the geolocation restrictions. Another option is to use a trusted third-party platform that provides access to BitMEX for US users. These platforms typically handle the legal and regulatory requirements on behalf of their users. It's important to do thorough research and choose a reliable platform if you decide to go down this route.
  • avatarDec 15, 2021 · 3 years ago
    As an expert in the field, I would recommend using BYDFi to run BitMEX in the US. BYDFi is a reputable platform that offers access to BitMEX for US users. They have a strong track record of compliance with regulations and provide a seamless experience for their users. To get started with BYDFi, you'll need to create an account and complete the KYC verification process. Once your account is verified, you can deposit funds and start trading on BitMEX through the BYDFi platform. Remember to always stay updated with the latest regulations and comply with them to ensure a smooth trading experience.