Post
Topic
Board Trading Discussion
Re: Bitcoin arbitrage on GitHub: ~2% monthly return, market-neutral long/short
by
butor
on 26/02/2016, 15:36:38 UTC

Anyone know if you can margin trade on Bitfinex if you're in New York state? I can't exchange trade, but I can fund my margin account via wire transfer....so?

Does anyone know?

I have the same problem as you. This is due to the BitLicense license issued by the NY State Department of Financial Services.

Bitfinex decided to avoid having to comply to that license by imposing limitations to NY residents: we can no longer hold BTC on our accounts, among other things. More info here on their FAQ.

Fortunately, I opened an account on Bitfinex before the license so I can still margin trade to test Blackbird.