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Very meager market depth. Can clear out the order book by selling a whole bitcoin. Also: "For legal reasons, we are not allowed to do business with customers
by cwkoss 7y ago
Very meager market depth. Can clear out the order book by selling a whole bitcoin.
Also: "For legal reasons, we are not allowed to do business with customers from the United States of America, Crimea and Sevastopol, Cuba, Iran, Pakistan, Sudan, North Korea and Syria.."
- mike_trex3 7y agoHey, Mike from Mushino here. You're completely right about the liquidity. We just launched two days ago and haven't brought in any major market makers yet. We're currently in talks with some, so expect to see more liquidity very soon. And yes, for legal reasons we are not allowed to accept customers located in the US. Neither are most other crypto derivatives exchanges (Bitmex, Deribit, FTX). It really is an unfortunate state of affairs.
- paultopia 7y agoI've never been more grateful for the protections of U.S. law. 100x leverage to gamble in cryptocurrencies? There's a recipe for the bankruptcy courts.
- jilo_ser 7y agowouldn't you just have to use a vpn?