Are there any restrictions or requirements for using leverage on FTX US?

3 answers

• Huynh HessellundOct 08, 2022 · 3 years ago
  Yes, there are restrictions and requirements for using leverage on FTX US. To use leverage, you must first complete the KYC (Know Your Customer) verification process. This involves providing personal information and verifying your identity. Additionally, there are certain eligibility criteria that need to be met, such as being of legal age and residing in a supported jurisdiction. It's important to note that leverage trading carries a higher risk, and it's recommended to thoroughly understand the risks involved before using leverage on FTX US.
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• Byrd HendricksSep 22, 2021 · 4 years ago
  Using leverage on FTX US is subject to certain restrictions and requirements. Traders need to complete the KYC verification process, which includes providing identification documents and verifying their identity. Additionally, there may be specific restrictions based on the jurisdiction you reside in. It's important to carefully review the terms and conditions provided by FTX US to ensure compliance with all requirements and restrictions before using leverage.
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• K.T.SridhanDec 22, 2022 · 3 years ago
  Yes, there are restrictions and requirements for using leverage on FTX US. As an expert in the field, I can tell you that FTX US has implemented these measures to ensure the safety and security of its users. By requiring KYC verification and adherence to eligibility criteria, FTX US aims to prevent fraud and protect its users from potential risks associated with leverage trading. It's always advisable to familiarize yourself with the platform's policies and guidelines before engaging in leverage trading on FTX US or any other exchange.
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