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What are some alternative platforms for US users since BitMEX is not available?

avatarBladt StarkDec 16, 2021 · 3 years ago3 answers

As BitMEX is not available for US users, what are some other platforms that they can use to trade cryptocurrencies?

What are some alternative platforms for US users since BitMEX is not available?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    US users who are unable to access BitMEX can consider using other popular cryptocurrency exchanges such as Binance, Coinbase Pro, and Kraken. These exchanges offer a wide range of cryptocurrencies for trading and have a user-friendly interface. Additionally, they comply with regulatory requirements and provide a secure trading environment for users.
  • avatarDec 16, 2021 · 3 years ago
    If you're a US user looking for an alternative to BitMEX, you can explore decentralized exchanges (DEX) like Uniswap and SushiSwap. DEXs allow users to trade directly from their wallets, providing greater control over their funds and reducing the risk of hacks or exchange failures. However, it's important to note that DEXs may have lower liquidity and limited trading pairs compared to centralized exchanges.
  • avatarDec 16, 2021 · 3 years ago
    Another alternative for US users is BYDFi, a decentralized finance (DeFi) platform that offers a wide range of financial products and services. With BYDFi, users can trade cryptocurrencies, provide liquidity, and earn yield on their assets. It's important to do your own research and understand the risks associated with DeFi platforms before getting involved.