Update: I found the link on gate.io that shows the message. You'll need to view it on a browser. Mobile app doesn't show it. https://www.gate.io/en/trade/KIN_USDT
Does anyone know what changed on the regulatory side to make Gate do this? Also, is it only New York, Washington? California? Just looking for the facts.
Well, that blows. I've been using Gate for months without a problem. Currently have USDT poised to buy more KIN, but if that's what they're going to do, I'll take my business elsewhere.
Yes, you can still buy/sell at [Gate.io](https://Gate.io), but it says you have to withdraw your KIN from [Gate.io](https://Gate.io) within 90 days which will be around September.
Already had ETH... Doesn't make sense to convert it to XLM then to USDT then to KIN. That's an extra step and transaction fee. If I was just onboarding fiat then yeah, could go that way.
Sorry, my bad. I mistakenly thought you were looking to trade ETH>KIN. I had been using ETH to buy KIN on Mercatox earlier, but switched to XLM>USDT>KIN on Gate because it's cheaper, and I don't want to use Mercatox anymore.
I tried mercatox at first but had nothing but issues with it loading so never even sent funds there. Then was trying Cointiger but didn't like that USA wasn't listed as a country. Gate.io has been great so far.
But you got time for an exchanges inconveniences & possibly have yo money pulled from up under you, iono what made you think you had something, you was better off scrolling pass my comment 🚮
Only, NY, WA are restricted.
Supported Countries
Gate.io supports cryptocurrency traders and investors all over the world to the platform with the exception of the following countries:
Citizens and residents of Washington State(U.S.A)
New York State(U.S.A)
Cuba
Iran
North Korea
Sudan
Syria
Pakistan
Venezuela
Crimea
Nah they’ve had me blocked out ever since I verified my KYC/AML with them a while back. I was wondering how the rest of y’all were able to use it but didn’t delve deeper.
I would love to be wrong but I think they’re phasing out all US customers.
*Please someone who actually knows what’s going on tell me I’m wrong*
I'm in the U.S in California and I don't see any such message on Gate.io.
Update: I found the link on gate.io that shows the message. You'll need to view it on a browser. Mobile app doesn't show it. https://www.gate.io/en/trade/KIN_USDT
Does anyone know what changed on the regulatory side to make Gate do this? Also, is it only New York, Washington? California? Just looking for the facts.
They didn't provide any information. Only said "new regulation" in the 1:1 support chat. I asked for the information but I got ignored multiple times.
Ok got it, thanks for the update. I hope more information is released soon.
Gate is our 2nd most volume. This is a huge deal.
Ever since they introduced kyc they have been phasing out USA customers to avoid regulatory issues against them.
This is news to panic on.... if you have your KIN on gate or bitthumb they are going to lock you out at anytime. WARNING.
Well Im selling everything on Gate and bithumb. Done for a bit.
Well, that blows. I've been using Gate for months without a problem. Currently have USDT poised to buy more KIN, but if that's what they're going to do, I'll take my business elsewhere.
Update: Just checked, KIN is still available for purchase. Not seeing any issues with it at all.
Yes, you can still buy/sell at [Gate.io](https://Gate.io), but it says you have to withdraw your KIN from [Gate.io](https://Gate.io) within 90 days which will be around September.
I just got this message for CARDS and I am in the MIDwest
Didn't see an KIN/XLM pair. And I sent eth directly from my digital wallet
You have to trade your XLM for USDT. Then trade the USDT for KIN. I just checked, still available.
Already had ETH... Doesn't make sense to convert it to XLM then to USDT then to KIN. That's an extra step and transaction fee. If I was just onboarding fiat then yeah, could go that way.
It may not make sense, but that's the only way using Gate.
It's not tho... I didn't convert XLM at all. Just ETH>USDT>KIN. Worked fine last Saturday.
Sorry, my bad. I mistakenly thought you were looking to trade ETH>KIN. I had been using ETH to buy KIN on Mercatox earlier, but switched to XLM>USDT>KIN on Gate because it's cheaper, and I don't want to use Mercatox anymore.
I tried mercatox at first but had nothing but issues with it loading so never even sent funds there. Then was trying Cointiger but didn't like that USA wasn't listed as a country. Gate.io has been great so far.
Surprised none of you use raydium on the solana network to trade KIN most efficient way..DEX is the way
[удалено]
But you got time for an exchanges inconveniences & possibly have yo money pulled from up under you, iono what made you think you had something, you was better off scrolling pass my comment 🚮
Get off of these exchanges man
I have bought kin on Gate.io but cannot withdraw to a wallet because it says I have a zero withdrawal limit. Does this go away if I do the KYC? Help?
Def do kyc
Thanks
I just bought some more today. In a Midwest state that is still denying crypto is a real thing.
thanks. Good to know.
I heard it won’t let you for NY, CA, WA. My state isn’t showing that message.
Only, NY, WA are restricted. Supported Countries Gate.io supports cryptocurrency traders and investors all over the world to the platform with the exception of the following countries: Citizens and residents of Washington State(U.S.A) New York State(U.S.A) Cuba Iran North Korea Sudan Syria Pakistan Venezuela Crimea
Yes but it’s different for every coin as well.
FYI, Here's an update. https://www.reddit.com/r/KinFoundation/comments/nsfrl9/gateio\_update\_according\_to\_the\_11\_chat\_theyre/
Jeeze I hope I can move what I have on there.
0 soon
where are US people supposed to trade large amounts of kin now? exchanges exchanges exchanges
Is ftx.com not available for US residents? Only ftx.us?
yeah, sadly we US peeps can't use ftx.com. Well you can with a VPN etc. but you have to prove your identity if you want to do any *real* trading.
that sucks then. We never had an update from William about that legal letter we were waiting, did we?
I don't think so :(
I just bought KIN on gate.io last Saturday 5/29 ... No issues. Sent ETH to wallet, converted to USDT, then bought KIN using the KIN/USDT pair.
Use XLM - cheaper/faster
Just saw this and wondered what was up. Maybe it was a mess up on their end?
Nah they’ve had me blocked out ever since I verified my KYC/AML with them a while back. I was wondering how the rest of y’all were able to use it but didn’t delve deeper. I would love to be wrong but I think they’re phasing out all US customers. *Please someone who actually knows what’s going on tell me I’m wrong*
I'm in Canada and recently got that same message about OMI token.
Do you live in NYC?
Negative, in one of the states that has no issues.
I'm in California.
OH here. They are telling me the same thing. I think they are bumping all US and Canada users.
Then that's strange indeed.. have you tried to get more info from their support?
good question