/biz/ - Business & Finance

These niggers are now asking for KYC so no more comfy gambling behind my Bahmas VPN.
Shill me the best alternative to BitMEX.

I've been out of the crypto game for the last 2 years. Now I log in on BitMEX and these niggers are asking for fucking KYC to trade. What the fuck is this shit??!! The whole point of BitMEX was them being incorporated in some island and not having to follow (((tax evasion laws))). Why the sudden 180?
Also what alternatives are there for trading on margin WITHOUT sending some kikes my passport and bank statements?

Do people actually make money here?

stay away from the financial bottomless pit

Hey /biz/, burger here. Do I need to use a VPN the entire time that I'm using this mexican exchange?

What's the shortest time frame that I can turn $500 into $5,000 on this Mexican exchange?

I'm posting my trading stack here, videos, charts, and my own TA. I can't guarantee I'll take a position or that my position will be profitable, But I can guarantee you'll learn something.


>What is BitMex?
BitMEX is a Peer-to-Peer Trading Platform that offers leveraged contracts that are bought and sold in Bitcoin.
BitMEX only handles Bitcoin. All profit and loss is in Bitcoin, even if you’re buying and selling altcoin contracts. BitMEX does not handle fiat currency.
BitMEX allows trading with a high amount of leverage.

>How does Leverage work?
Leverage allows you to borrow on credit proportional to your capital. On 2x leverage, 100 dollars can buy 200 contracts. On 100x, 1,000.

>What does "getting Liquidated" mean?
It means you fucked up, and lost the money you put down. On leverage, your mark price moves faster and your Liquidation price is closer to your entry. When your mark price enters the Liquidation price, you lose

>I'm American, how do I join?
Email the site admins, or use a VPN