Updated: May 31
Bitmex for USA citizens is suspended to trade. This exchange is not regulated and you are not allowed to trade on Bitmex under local law. It means that Bitmex is not 100 % legit in the USA. Everyone who registers Bitmex account using USA IP address will open an account but cannot trade as trading on such account is instantly and permanently restricted.
But there is a solution...?
In this case, you can only see the interface of Bitmex plaftorm, their live orderbook and the last trades. Unfortunately, every time you want to connect with Bitmex platform it is recommended to use VPN, because once you try to log in with USA IP and your Bitmex account can be banned forever. It shouldn’t happen but it can. The most important is to register Bitmex account using VPN.
What can I do to trade on Bitmex exchange living in States?
We know that Americans use VPN servers on their computers and then open account pretending that they are residents of another country, for instance United Kingdom, Australia or Canada. VPV cost is about $5 for a month. Due to American local law, we do not recommend to using VPN, but we know that thousands of Americans trade on Bitmex without any problem as they using VPN servers, especially during registration on Bitmex exchange.
Bitmex CEO, Artur Hayes is a US citizen who lives in Hong Kong and what is more he is frequently invited as Bitcoin expert to USA television channels like CNBC.
Ministry Of Margin Trading has Bitmex account was registered out of USA - please feel free use it and grab fee discount coupon. Remember first turn VPN on your device before you sing in. Good news is that if you got ban in the past, you can register another account using a different e-mail and you will get a new account. Bitmex doesn't know who you are as you don't send them any documents or ID and Bitmex doesn't execute KYC procedure. The key is your IP and e-mail. You are a foreigner who takes long holidays in States.
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