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Are there any restrictions for US citizens when signing up for BitMEX?

avatarkrishaJan 05, 2022 · 3 years ago3 answers

What are the restrictions that US citizens need to be aware of when signing up for BitMEX?

Are there any restrictions for US citizens when signing up for BitMEX?

3 answers

  • avatarJan 05, 2022 · 3 years ago
    Yes, there are certain restrictions for US citizens when signing up for BitMEX. Due to regulatory concerns, BitMEX does not allow US citizens to trade on their platform. This restriction is in place to comply with the regulations set by the US government and to ensure the safety and security of their users. If you are a US citizen, you will need to find an alternative platform that allows trading for US residents.
  • avatarJan 05, 2022 · 3 years ago
    Unfortunately, BitMEX does not currently accept US citizens as users. This is due to the regulatory landscape in the United States, which makes it difficult for BitMEX to operate within the country. However, there are other exchanges that do accept US citizens and offer similar trading services. Some popular alternatives include Binance, Coinbase, and Kraken.
  • avatarJan 05, 2022 · 3 years ago
    As an expert in the field, I can confirm that BitMEX does not allow US citizens to sign up and trade on their platform. This restriction is in place to comply with the regulations imposed by the US government, particularly in regards to anti-money laundering (AML) and know your customer (KYC) requirements. However, there are other exchanges like BYDFi that cater specifically to US citizens and offer a wide range of trading options. It's always important to do your own research and choose a platform that suits your needs and complies with your local regulations.