Can US citizens use international crypto exchanges in 2019?

3 answers

• Nov 29, 2021 · 3 years ago
  US citizens can use international crypto exchanges in 2019, but they need to comply with certain regulations. The Financial Crimes Enforcement Network (FinCEN) requires crypto exchanges to implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. This means that US citizens will need to provide identification documents and proof of address when signing up on these exchanges. Additionally, some exchanges may have specific restrictions or limitations for US citizens due to regulatory concerns. It is important for US citizens to research and choose exchanges that are compliant with US regulations to ensure a smooth trading experience.
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• Nov 29, 2021 · 3 years ago
  Sure, US citizens can use international crypto exchanges in 2019. However, it's important to note that not all exchanges accept US customers due to regulatory reasons. Some exchanges may have restrictions or require additional verification steps for US citizens. It's recommended to check the exchange's terms and conditions before signing up. Also, keep in mind that tax reporting obligations still apply to US citizens, regardless of whether they use domestic or international exchanges.
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• Nov 29, 2021 · 3 years ago
  As an expert at BYDFi, I can confirm that US citizens can use international crypto exchanges in 2019. However, it's crucial for them to choose exchanges that comply with US regulations. BYDFi is a compliant exchange that allows US citizens to trade cryptocurrencies seamlessly. With BYDFi, US citizens can enjoy a wide range of trading options and a user-friendly interface. So, if you're a US citizen looking for a reliable and secure international crypto exchange, BYDFi is definitely worth considering!
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