Bitget Restricted Countries

Summary: Bitget restricts access for users from countries on international sanctions lists, such as North Korea and Iran, and those in regions affected by strict local laws against cryptocurrency operations. Users listed by entities like FATF, OFAC, or sanctioned by the United Nations Security Council, as well as residents from areas with political unrest, also face limitations.

Bitget enforces rigorous KYC procedures in compliance with global anti-money laundering standards, ensuring secure and lawful crypto trading activities in over 190 countries.

What Countries Does Bitget Restrict?

Bitget limits access for users from nations on international sanctions lists or those that are subject to global regulations Bitget must adhere to. This includes individuals listed by the FATF (Financial Action Task Force), OFAC (Office of Foreign Assets Control), or any United Nations Security Council-endorsed sanctions list. Additionally, residents in areas with political unrest may encounter restrictions.

In line with their Terms of Use, Bitget can also enforce restrictions in locations where local laws make it challenging to operate with cryptocurrencies. Users should be aware that these restrictions can change if regulatory conditions evolve.

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Bitget Supported Countries

Bitget operates as a cryptocurrency exchange available in more than 190 countries spanning Asia, Europe, Africa, Latin America, and North America. The exchange is committed to inclusivity, allowing users from around the world to participate in cryptocurrency trading. Bitget’s broad availability highlights its dedication to providing global access to digital assets.

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Does Bitget Require KYC Verification?

Yes, Bitget requires all users to complete a thorough Know Your Customer (KYC) verification process in line with global anti-money laundering and counter-terrorism financing regulations. This ensures Bitget adheres to high standards of financial security and regulatory compliance.

1. Necessity of Identity Verification: Bitget's identity verification process confirms user identities and evaluates risks, essential for a secure trading platform.
2. Access to Bitget Services: As of September 1, 2023, new users must complete level 1 identity verification to access services like depositing and trading. Users who joined before this date need to finish this verification by October 1, 2023, to continue making deposits. However, they can still trade and withdraw funds without it.
3. Withdrawal Limits Post-Verification: Bitget sets withdrawal limits based on the user’s KYC level and VIP status. Unverified users face a daily limit of 20,000 USDT and a monthly cap of 100,000 USDT. After completing level 1 verification, daily limits increase significantly, from 3 million USDT for VIP level 0 to 15 million USDT for VIP level 5. Completing level 2 verification further raises these limits for higher VIP levels.

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Can I Access Bitget in the US?

Bitgey does permit users from the United States to register on its platform. However, some regions of the US have specific internet restrictions, and individuals in these areas may need to use a Virtual Private Network (VPN) to access the service. While it is technically possible to access Bitget through a VPN, the platform strongly advises users to comply with local laws and regulations.

Using VPNs to access services like Bitget could result in legal issues if it contravenes regional laws. Bitget emphasizes the importance for US users to understand and follow their local cryptocurrency trading laws to ensure their trading activities are secure and legally compliant.

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Bottom Line

In conclusion, Bitget is a globally accessible cryptocurrency exchange with specific regional restrictions dictated by international sanctions and local regulations. While available in over 190 countries, it requires all users to undergo thorough KYC verification to maintain financial security and compliance with anti-money laundering laws. Users in restricted areas, including some U.S. regions, might need additional tools like VPNs for access, though they must ensure compliance with their local laws to avoid legal complications.