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July 02, 2019, 05:04:23 PM |
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Can we make a comprehensive list?
I am afraid as an American my days of high leverage in crypto are coming to an end. The dutch literally put out a hyper draconian money laundering bill proposal today, after the FATF gave them a YEAR to do it, they did it the first day of July!. That means they are going to go after Deribit as soon as they can. I'm devestated.
We American traders have to stick together if we want to defend our access to leverage. If you have any exchange, even non ideal please list it here. We have to just hope and pray to god that people will want to compete with Bitmex and put out alternatives.
They are going to force KYC globally as best as they can, but like Forex, there will always be a couple exchanges that cater to American's on the low down. None of you may have ever traded forex, but I can tell you I can count on my hand how many honest high leverage exchanges cater to Americans. The globe banned US citizens from forex, and now soon it will happen to crypto traders.
I'm waiting on things like Digitex, Lever J , RenVM , even LedgerX's omni (which will probably have non existent leverage).
Trust me if the American authorities have their way they will take everything but that 5x leverage on kraken. It's disgusting. But that's what they did to forex.
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