In this guide, we will show you exactly which countries are restricted and banned from using Bitfinex.
Launched in 2011 Bitfinex is one of the oldest crypto exchanges in the world. However, some countries and areas are not supported on the platform. Some restricted regions include Cuba, Iran, Russia, Ukraine, and more.
Read on to learn more about Bitfinex’s restrictions, limitations, and supported countries.
Bitfinex Restricted Countries
Below, you will find a list of Bitfinex-restricted countries as of 2024, according to the official Bitfinex terms of service in section 1.1.45.
- British Virgin Islands
- Unite States
- Cuba
- North Korea
- Iran
- Syria
- Criema
Bitfinex Supported Countries
Bitfinex is available in over 100 countries from all around the world. What we love about Bitfinex is its official list of supported countries. Generally, Bitfinex supports all countries except for the ones listed in the previous section and sanctioned countries.
Check out the full list of Bitfinexs supported countries here.
Is Bitfinex Regulated & Licensed?
While Bitfinex is a popular crypto exchange for leverage trading, it is not fully regulated and licensed. Currently, Bitfinex is located in Seychelles.
Bitfinex has obtained the following registration:
- Bitfinex is registered as a Virtual Currenies and Digital Wallet Services Provider in Italy.
Does Bitfinex require KYC verification?
Yes, Bitfinex requires KYC verification. Without verifying your identity, you can not use Bitfinex at all.
In order to verify your identity on Bitfinex, you must submit the following details:
- ID, Passport or Drivers License
- Proof of address (Bank statement or Utility Bill)
- Facial Recognition (Selfie)
After you have successfully completed the Bitfinex KYC verification process, you will have full access to the crypto exchange.
Is Bitfinex available in the United States?
No, Bitfinex is not available in the United States. If you are a US citizen, you can use some top alternatives such as Kraken and Coinbase which are regulated and licensed in the United States.
Is Bitfinex available in Canada?
No, Bitfinex is not available in the United States. If you are a US citizen, you can use some top alternatives, such as VirgoCX and Coinbase, which are regulated and licensed in Canada.
Is Bitfinex available in the United Kingdom?
Yes, Bitfinex is available in the United Kingdom. However, UK citizens are restricted from trading Bitfinex derivatives due to local UK laws, meaning they can not trade crypto futures with leverage.
If you are from the UK and are seeking a reliable crypto futures exchange with leverage, we recommend you look into Bitget or BingX.
Can I Use Bitfinex with a VPN?
Yes, Bitfinex can be used with a VPN. However, you can only use a VPN if you are a citizen of a Bitfinex-supported country. If you are a citizen in one of Bitfinex’s restricted jurisdictions, you can not use the exchange, even with a VPN.
Users from restricted countries can not verify their identity on Bitfinex and, therefore, cannot use any of its services.
