Are there any drawbacks to signing up under someone on BitMEX?

3 answers

• Dec 16, 2021 · 3 years ago
  There are a few potential drawbacks to signing up under someone on BitMEX. Firstly, you may have limited control over your account as the person you signed up under could have access to your funds and personal information. Secondly, if the person you signed up under engages in any fraudulent activities, it could negatively impact your account and reputation. Additionally, you may not receive the same level of customer support as you would if you signed up directly with BitMEX. It's important to carefully consider the risks before choosing to sign up under someone on BitMEX.
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• Dec 16, 2021 · 3 years ago
  Signing up under someone on BitMEX can have its downsides. One potential drawback is the lack of privacy. Since the person you signed up under has access to your account, they may be able to see your trading activity and personal information. Another drawback is the potential for conflicts of interest. If the person you signed up under is a market maker or has other vested interests, they may prioritize their own gains over yours. It's important to thoroughly research and trust the person you choose to sign up under on BitMEX.
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• Dec 16, 2021 · 3 years ago
  While signing up under someone on BitMEX can offer certain benefits, it's important to be aware of the potential drawbacks. By signing up under someone, you may be giving them access to your account and personal information, which could pose a security risk. Additionally, if the person you signed up under engages in any unethical or illegal activities, it could have legal implications for you as well. It's crucial to thoroughly vet the person you choose to sign up under and consider the potential risks involved.
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