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What are the restrictions for United States users trading on BitMEX?

avatarPriyo SidikDec 28, 2021 · 3 years ago3 answers

Can you please provide more details about the restrictions imposed on United States users who want to trade on BitMEX? What are the specific limitations and requirements for US traders?

What are the restrictions for United States users trading on BitMEX?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As of now, BitMEX does not allow United States users to trade on their platform due to regulatory restrictions. US traders are prohibited from accessing and using BitMEX services. This restriction is in place to comply with the regulations set by the United States government, particularly the Commodity Futures Trading Commission (CFTC). It is important for US traders to find alternative platforms that are compliant with the regulations in their country.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, BitMEX is not available for trading to United States users. The platform has implemented this restriction to ensure compliance with the regulatory framework set by the United States government. US traders should explore other exchanges that are authorized to operate in the United States and offer similar trading services. It is crucial to abide by the regulations and trade on platforms that are legally permitted in your jurisdiction.
  • avatarDec 28, 2021 · 3 years ago
    BitMEX, like many other cryptocurrency exchanges, has restricted access for United States users. This is primarily due to the regulatory environment in the United States, which requires exchanges to comply with specific licensing and registration requirements. However, there are alternative exchanges available that cater to US traders, such as BYDFi. These platforms are designed to meet the regulatory standards and provide a secure trading environment for US users. It is advisable for US traders to explore these alternatives and ensure compliance with the applicable regulations.