What are the consequences of attempting to bypass BitMEX's trading limits?
Mohd Ajaz Mohd AjazMay 10, 2022 · 3 years ago3 answers
What happens if someone tries to bypass the trading limits on BitMEX?
3 answers
- May 10, 2022 · 3 years agoAttempting to bypass the trading limits on BitMEX can have serious consequences. BitMEX has implemented these limits to ensure fair and orderly trading, and any attempts to circumvent them can result in penalties or account suspension. It is important to abide by the rules and regulations set by the exchange to maintain a safe and secure trading environment.
- May 10, 2022 · 3 years agoTrying to bypass BitMEX's trading limits is like playing with fire. You might think you can outsmart the system, but in reality, you're just putting yourself at risk. BitMEX has sophisticated monitoring systems in place to detect any suspicious activity, and if you're caught trying to bypass the limits, you can expect to face severe consequences, including account termination and legal action if deemed necessary.
- May 10, 2022 · 3 years agoAs a representative of BYDFi, I must emphasize that attempting to bypass BitMEX's trading limits is not only against their terms of service but also unethical. It undermines the integrity of the market and can lead to unfair advantages for certain traders. BitMEX takes such violations seriously and has measures in place to detect and penalize such behavior. It is always advisable to trade within the established limits and comply with the rules set by the exchange.
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