Are there any restrictions for US users to margin trade on BitMEX?

What are the restrictions for US users who want to engage in margin trading on BitMEX?

3 answers
- Yes, there are restrictions for US users who want to margin trade on BitMEX. Due to regulatory reasons, BitMEX does not allow US residents or citizens to access their platform for margin trading. This restriction is in compliance with the laws and regulations of the United States. US users can still access other features of BitMEX, such as spot trading, but margin trading is not available to them.
Mar 18, 2022 · 3 years ago
- Unfortunately, US users are not able to margin trade on BitMEX. This restriction is due to regulatory compliance and is in place to ensure that BitMEX operates within the legal boundaries set by the United States. However, there are other platforms that allow margin trading for US users, so they still have options to engage in leveraged trading.
Mar 18, 2022 · 3 years ago
- As an expert from BYDFi, I can confirm that US users are not permitted to margin trade on BitMEX. This restriction is in place to comply with US regulations and ensure the platform's compliance with anti-money laundering (AML) and know your customer (KYC) requirements. However, US users can explore other exchanges that offer margin trading and cater to their needs.
Mar 18, 2022 · 3 years ago
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