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Cryptocurrency Q&A Can you trade futures on Phemex without KYC?

Can you trade futures on Phemex without KYC?

Emanuele Emanuele Sun Oct 06 2024 | 0 answers 0
Can I inquire about the possibility of trading futures on Phemex without undergoing Know Your Customer (KYC) verification? I'm interested in exploring my options for trading futures in the cryptocurrency market, and I'm wondering if Phemex offers this service without requiring me to go through the KYC process. Could you please clarify the platform's policies on this matter and any potential limitations or requirements that may apply? Can you trade futures on Phemex without KYC?
phemex futures trading kyc

0 answers

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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