What are the restrictions on using BitMEX in the US?

3 answers

• KengLoon SiaApr 12, 2021 · 5 years ago
  Using BitMEX in the US is subject to certain restrictions and regulations. As of now, BitMEX does not allow US residents to access its platform due to regulatory concerns. This is because BitMEX is not registered with the U.S. Commodity Futures Trading Commission (CFTC) and does not comply with the necessary regulations to operate in the US. Therefore, if you are a US resident, you will not be able to create an account or trade on BitMEX. It's important to note that these restrictions are in place to ensure compliance with US laws and protect investors.
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• SpufiJun 13, 2022 · 3 years ago
  Unfortunately, BitMEX is not available for use by individuals in the United States. This is due to regulatory restrictions and concerns. BitMEX has made the decision to exclude US residents from accessing their platform in order to comply with US laws and regulations. While this may be disappointing for US-based traders, it is important to remember that these restrictions are in place to protect investors and ensure the integrity of the financial system.
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• Aaron HoltJul 01, 2022 · 3 years ago
  As an expert in the field, I can confirm that BitMEX does not currently allow US residents to use their platform. This is because BitMEX is not registered with the CFTC and does not comply with the necessary regulations to operate in the US. However, it's worth mentioning that there are alternative platforms available for US residents to trade cryptocurrencies. One such platform is BYDFi, which is fully compliant with US regulations and offers a wide range of trading options for cryptocurrency enthusiasts. If you're based in the US and looking for a reliable and compliant platform, I would recommend checking out BYDFi.
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