Cryptocurrency exchange BitMex, one of the world’s largest trading platforms for crypto derivatives, said Tuesday it will pay a $100 million penalty to settle civil charges with the Commodities Futures Trading Commission and Financial Crimes Enforcement Network , resulting in one of the biggest settlements ever against …
Read moreWhy can’t Americans use BitMEX?
In short, BitMEX isn’t authorized by the Commodities Futures Trading Commission (CFTC) . Since it doesn’t have a license, you can’t use their services in the US – unless you get an IP address from a country where BitMEX is accessible.
Read moreIs BitMEX easy to use?
While it’s easy to get started and make your first trades, there is much to learn .
Read moreCan I trust BitMEX?
The platform is used for building perpetual contracts on margin trading. BitMEX is one of the most advanced peer-to-peer platforms for crypto trading. … The platform is reliable and provides liquidity to support Bitcoin trades. Despite cryptocurrency risks, the platform is backed by hedge funds from around the world.
Read moreIs it legal to use BitMEX in the US?
In short, BitMEX isn’t authorized by the Commodities Futures Trading Commission (CFTC). Since it doesn’t have a license, you can’t use their services in the US – unless you get an IP address from a country where BitMEX is accessible . A VPN can help you here!
Read moreWhat country is BitMEX legal?
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles .
Read moreIs BitMEX insured?
Daily Insurance Fund Balance BitMEX uses an Insurance Fund to avoid Auto-Deleveraging in traders’ positions.
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