Are there any special requirements for US citizens to trade on BitMEX?

What are the specific requirements that US citizens need to meet in order to trade on BitMEX?

3 answers
- Yes, there are special requirements for US citizens to trade on BitMEX. As a US citizen, you need to comply with the regulations set by the Commodity Futures Trading Commission (CFTC). This includes providing your social security number and completing the necessary Know Your Customer (KYC) procedures. Additionally, US citizens are not allowed to trade certain derivative products on BitMEX due to regulatory restrictions. It is important to carefully review the terms and conditions on BitMEX's website to ensure compliance with all requirements.
Mar 19, 2022 · 3 years ago
- Trading on BitMEX as a US citizen requires you to go through a verification process to confirm your identity and residency. This is to comply with the regulations imposed by the CFTC. You will need to provide personal information such as your social security number and proof of address. It is important to note that failure to meet these requirements may result in restrictions or limitations on your trading activities on BitMEX.
Mar 19, 2022 · 3 years ago
- Yes, there are special requirements for US citizens to trade on BitMEX. As an exchange regulated by the CFTC, BitMEX is required to enforce certain restrictions on US citizens. These restrictions are in place to ensure compliance with US laws and regulations. However, it is worth noting that there are other cryptocurrency exchanges that may have different requirements for US citizens. It is always a good idea to research and compare different exchanges to find the one that best suits your needs as a US citizen.
Mar 19, 2022 · 3 years ago
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