How does BitMEX handle the restrictions on US residents?

5 answers

• Conley HoldenAug 03, 2024 · a year ago
  BitMEX takes strict measures to comply with the restrictions imposed on US residents. As a regulated exchange, it implements robust KYC (Know Your Customer) procedures to verify the identity and residency of its users. By requiring users to provide valid identification documents and proof of residency, BitMEX ensures that only non-US residents can access its platform. This helps the exchange to adhere to the regulatory requirements and prevent US residents from trading on its platform.
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• McQueen StarrMay 20, 2025 · a month ago
  BitMEX understands the importance of complying with regulations and takes the restrictions on US residents seriously. To prevent US residents from accessing its platform, BitMEX employs IP blocking technology to identify and block users with US IP addresses. Additionally, the exchange continuously monitors user activity and employs advanced data analysis techniques to detect and prevent any attempts by US residents to bypass the restrictions.
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• Manjushree RajguruFeb 26, 2023 · 2 years ago
  As a third-party observer, it is important to note that BitMEX has implemented measures to handle the restrictions on US residents. The exchange has implemented a robust KYC process and IP blocking technology to ensure compliance with regulations. By verifying the identity and residency of its users and blocking US IP addresses, BitMEX effectively prevents US residents from accessing its platform.
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• Star ExpertAug 29, 2021 · 4 years ago
  BitMEX takes the restrictions on US residents seriously and has implemented several measures to ensure compliance. The exchange requires users to go through a thorough verification process, including providing identification documents and proof of residency. Additionally, BitMEX uses advanced technology to detect and block US IP addresses. These measures help BitMEX to maintain its regulatory compliance and prevent US residents from trading on its platform.
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• Achmad nurhidayat DayatDec 07, 2021 · 4 years ago
  BitMEX is committed to complying with regulations and ensuring that US residents are not able to access its platform. The exchange has implemented strict KYC procedures to verify the identity and residency of its users. By requiring users to provide valid identification documents and proof of residency, BitMEX effectively prevents US residents from trading on its platform. This approach helps BitMEX to maintain its compliance with regulatory requirements and protect the interests of its users.
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