does bitmex require kyc

BitMEX requires all new traders to complete Know-Your-Customer (KYC) verification to ensure identity, prevent fraud, and enhance security.

Oct 26, 2024 at 11:53 am

Does BitMEX Require KYC?

Yes, BitMEX requires Know-Your-Customer (KYC) verification for all new users. This process involves providing your personal information, such as your name, address, and date of birth, as well as a government-issued ID.

Steps for KYC Verification:

Create a BitMEX account.
Click on the "Verify Your Account" button on the dashboard.
Select your country of residence and provide your personal information.
Upload a copy of your government-issued ID.
Take a selfie of yourself holding your ID.
Submit your KYC application for review.

Benefits of KYC Verification:

Increased security: KYC verification helps to prevent fraud and money laundering by verifying the identities of users.
Compliance with regulations: BitMEX is subject to regulations in various jurisdictions that require KYC verification.
Access to premium features: Some features and trading options on BitMEX may only be available to verified users.

Note:

KYC verification is a one-time process. Once your account is verified, you will not be required to submit the same documents again.
BitMEX reserves the right to request additional information or documents from users as part of the KYC process.
Failure to complete KYC verification may result in account suspension or termination.

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