How does the ban on FCT coin by BitMEX affect US customers?

3 answers

• Dec 24, 2021 · 3 years ago
  The ban on FCT coin by BitMEX affects US customers by preventing them from trading or holding this particular cryptocurrency on the BitMEX platform. This means that US customers will not be able to buy or sell FCT coin through BitMEX, and any existing holdings of FCT coin on the platform will be frozen or liquidated. It is important for US customers to be aware of this ban and consider alternative platforms for trading FCT coin.
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• Dec 24, 2021 · 3 years ago
  The ban on FCT coin by BitMEX is a result of regulatory concerns and compliance issues. BitMEX, being a centralized exchange, is subject to the regulations imposed by the jurisdictions it operates in, including the United States. The ban specifically affects US customers due to the regulatory restrictions on cryptocurrency trading in the country. This ban may have an impact on the liquidity and trading volume of FCT coin, as US customers make up a significant portion of the cryptocurrency market.
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• Dec 24, 2021 · 3 years ago
  As a representative of BYDFi, I would like to clarify that BYDFi is not directly affected by the ban on FCT coin by BitMEX. BYDFi is a separate cryptocurrency exchange and operates independently from BitMEX. US customers who are unable to trade FCT coin on BitMEX can consider exploring BYDFi as an alternative platform for trading FCT coin. BYDFi offers a user-friendly interface, competitive fees, and a wide range of cryptocurrencies for trading.
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