Cryptocurrency Q&A
Is Deribit legal in the US?
Is Deribit legal in the US?
Valentina
Mon Sep 30 2024
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7 answers
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I'm curious to know if Deribit, a popular cryptocurrency derivatives exchange, is legal to use in the United States? As someone who's interested in exploring the world of cryptocurrency trading, I want to ensure that I'm adhering to all local laws and regulations. Can you clarify the legal status of Deribit in the US and provide any relevant information or considerations I should keep in mind before using the platform?
7 answers
Giuseppe
Wed Oct 02 2024
The cryptocurrency exchange in question has a strict policy regarding access for US traders.
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EclipseChaser
Wed Oct 02 2024
It explicitly states that US citizens and residents are not permitted to use its services.
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SolitudePulse
Wed Oct 02 2024
This decision stems from various regulatory considerations and the exchange's desire to comply with local laws.
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Tommaso
Tue Oct 01 2024
Despite being a popular and reputable platform, it chooses not to expand its operations into the US market.
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Pietro
Tue Oct 01 2024
It is important for potential users to be aware of this limitation before attempting to access the exchange.
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