BitMEX Speed Up User Verification Following Criminal Charges; Must Register by Nov 5th


Source: bitcoinexchangeguide.com bitcoinexchangeguide.com

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Cryptocurrency derivatives exchange BitMEX is accelerating the rollout of its User Verification Programme for its customers, which means they all must be fully verified by Nov. 5, 2020, to continue trading on the platform. Once the deadline is over, unverified users won’t be able to open new positions. Moreover, from Dec. 4, 2020, they won’t be able to withdraw funds until verification is completed. Already, a “significant” amount of users who represent over 50% of the exchange’s volume have successfully completed the onboarding process, reads the official announcement. First introduced in late August, the program is a four-step process that...