{"id":27248,"date":"2020-08-14T10:56:32","date_gmt":"2020-08-14T07:56:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27248"},"modified":"2025-08-26T19:38:05","modified_gmt":"2025-08-26T16:38:05","slug":"bitmex-tightens-user-verification","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitmex-tightens-user-verification\/","title":{"rendered":"BitMEX tightens user verification"},"content":{"rendered":"<p>The cryptocurrency derivatives exchange BitMEX has announced a new verification programme. Users will need to confirm their residential address and provide identity documents.<!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">On 28 August 2020 at 00:00 UTC, we will be launching our User Verification Programme. For details, please see our blog: <a href=\\\"https:\/\/t.co\/9L2UNZk0t9\\\">https:\/\/t.co\/9L2UNZk0t9<\/a><\/p>\n<p>\u2014 BitMEX (@BitMEX) <a href=\\\"https:\/\/twitter.com\/BitMEX\/status\/1294076436811321344?ref_src=twsrc%5Etfw\\\">August 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The new rules will take effect on 28 August, and users will have six months to complete the KYC procedures. The move is intended to increase transparency and regulatory compliance.<\/p>\n<blockquote>\n<p>\u201cUsers will be asked to upload identity documents and proof of residence, take a selfie, and answer a number of questions about source of funds and trading experience. All of this should take about five minutes,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>The new measures do not affect corporate clients, the company said. For them, the verification procedure will remain unchanged.<\/p>\n<p>Earlier in July, the exchange&#8217;s parent company underwent restructuring, which led to the creation of a management firm, 100x Group, to run the exchange. At the time, the company said that its plans extend far beyond BitMEX.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency derivatives exchange BitMEX has announced a new verification programme. Users will need to confirm their residential address and provide identity documents.<\/p>\n","protected":false},"author":1,"featured_media":27249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1292,788],"class_list":["post-27248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aml-kyc","tag-bitmex"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27248"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27248\/revisions"}],"predecessor-version":[{"id":27250,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27248\/revisions\/27250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27249"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}