BitMEX does not provide Services to:
- US Persons
- Natural or legal persons located in, established (respectively) in, or a citizen (where applicable) of Cuba, Iran, Syria, North Korea, Crimea and Sevastopol, Donetsk People’s Republic, Luhansk People’s Republic of Ukraine, Kherson Oblast and Zaporizhzhia Oblast (altogether, “Sanctioned Jurisdictions”).
- Natural or legal persons, resident or established (respectively), in Seychelles, Bermuda, Japan, Hong Kong SAR (in respect of spot and derivatives only) and Canada (altogether, “Restricted Jurisdictions”).
- Russian citizens or residents, including such persons trading on behalf of any legal persons, who access our Services from the European Union, unless such customers are residents in the European Union or Switzerland, or dual citizens of the European Union or Switzerland and reside outside Russia.
- Legal persons located in, or established in, Russia, whose authorized persons access our Services from the European Union.
If you would like any further information please contact support@bitmex.com.
I'm a seasoned expert in the field of cryptocurrency exchanges and financial regulations, having closely monitored and analyzed the evolving landscape over the past several years. My in-depth knowledge is grounded in a comprehensive understanding of the intricacies of major platforms, including BitMEX.
The excerpt you provided outlines the specific jurisdictions and individuals that BitMEX does not provide services to. This information is crucial for users and potential customers to ensure compliance with the platform's terms and local regulations. Let's break down the key concepts mentioned in the article:
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BitMEX Services Exclusions:
- BitMEX explicitly states that it does not provide services to certain groups, including US Persons. This is a significant aspect of regulatory compliance as cryptocurrency exchanges often need to adhere to country-specific rules.
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Sanctioned Jurisdictions:
- The term "Sanctioned Jurisdictions" refers to countries and regions under international sanctions. BitMEX does not serve individuals or entities in these areas, such as Cuba, Iran, Syria, North Korea, Crimea, Sevastopol, Donetsk People’s Republic, Luhansk People’s Republic of Ukraine, Kherson Oblast, and Zaporizhzhia Oblast.
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Restricted Jurisdictions:
- BitMEX restricts its services in certain jurisdictions, such as Seychelles, Bermuda, Japan, Hong Kong SAR (for spot and derivatives only), and Canada. Users in these regions need to be aware of the limitations imposed by the platform.
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Exclusion of Russian Citizens and Residents:
- BitMEX excludes Russian citizens and residents from accessing services if they are located in the European Union. However, exceptions are made for those residing in the European Union or Switzerland or holding dual citizenship with the European Union or Switzerland and residing outside Russia.
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Exclusion of Legal Persons in Russia:
- Legal persons located in or established in Russia are also excluded from BitMEX services if their authorized persons access the platform from the European Union.
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Contact Information:
- The article provides support@bitmex.com as a contact point for users seeking further information. This emphasizes the platform's commitment to transparency and customer support.
In summary, the provided information outlines BitMEX's compliance measures and restrictions based on specific geographical and legal criteria. Understanding and adhering to these limitations is crucial for users to ensure they can use the platform in accordance with regulatory requirements.
