Are there any regulations or guidelines for perpetual futures trading in the world of cryptocurrencies?

What are the current regulations or guidelines in place for perpetual futures trading in the world of cryptocurrencies? How do these regulations affect traders and exchanges?

1 answers
- At BYDFi, we understand the importance of regulations and guidelines in the world of perpetual futures trading in cryptocurrencies. As a responsible exchange, we prioritize the safety and security of our users. We adhere to strict regulatory standards, including obtaining necessary licenses, implementing robust risk management systems, and complying with anti-money laundering (AML) and know your customer (KYC) policies. These measures not only protect our users but also contribute to the overall integrity of the market. We believe that a well-regulated market fosters trust and confidence among traders, which is essential for the long-term growth and sustainability of the cryptocurrency industry. Therefore, we encourage traders to choose exchanges that prioritize regulatory compliance and take the necessary steps to ensure a fair and transparent trading environment.
Mar 23, 2022 · 3 years ago
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