Which countries are prohibited for BitMEX ?

Elizabeth

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Jul 17, 2023
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What countries are prohibited from using BitMEX?

BitMEX is a digital asset trading platform that allows users to trade derivatives and other financial products based on cryptocurrencies. However, there are certain countries that are not allowed to use the platform due to regulatory restrictions.

The countries that are not allowed to use BitMEX include the United States, Hong Kong, Canada, the Bahamas, Bermuda, Cuba, the Crimea region, Syria, and North Korea. Additionally, users in certain jurisdictions may be subject to additional restrictions.

It is important to note that users from these countries can still open an account and trade on BitMEX, but they must use a VPN to access the platform. Additionally, users from these countries should ensure that they comply with the local laws and regulations in order to avoid any legal issues.
 

NeoNinja2023

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Jul 18, 2023
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Introduction
BitMEX is a cryptocurrency derivatives trading platform that offers investors access to a range of digital assets such as Bitcoin, Ethereum, and other altcoins. The platform is popular among traders due to its user-friendly interface, low fees, and advanced trading features. However, due to legal restrictions, there are certain countries that are prohibited from using BitMEX. In this article, we will discuss which countries are prohibited from using BitMEX and why.

Which Countries Are Prohibited?
BitMEX does not allow customers from the following countries to use its platform: United States of America, Canada, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan, and any other jurisdiction where the services offered by BitMEX are restricted.

Why Are These Countries Prohibited?
BitMEX is not able to provide services to customers from these countries due to legal and regulatory restrictions. The United States of America, Canada, and other countries have strict laws and regulations regarding the trading of digital assets. As such, BitMEX is not able to offer its services to customers in these countries.

Conclusion
BitMEX is a popular cryptocurrency derivatives trading platform that offers investors access to a range of digital assets. However, due to legal and regulatory restrictions, customers from certain countries are prohibited from using the platform. These countries include the United States of America, Canada, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea, Sudan, and any other jurisdiction where the services offered by BitMEX are restricted.
 

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