Which Countries Does BloFin Restrict?

BloFin enforces strict geographic restrictions to comply with international trade laws, economic sanctions, and anti-money laundering (AML) regulations. As outlined in Section 6 of the Terms of Use, “Restrictions of Use”, the platform prohibits residents, citizens, and entities in specific jurisdictions from registering or trading.

BloFin Restricted Countries List in 2026

The table below details the regions where BloFin services are officially unavailable.

Warning: Attempting to bypass these restrictions via VPN violates BloFin's Terms of Use and may result in the immediate freezing of your account and funds.

Why Does BloFin Restrict These Countries?

BloFin restricts specific jurisdictions to ensure compliance with global financial regulations and to protect its operational integrity.

1. Regulatory Gaps & Licensing

Examples like the United States, Canada, and the UAE are restricted primarily because BloFin lacks the specific regulatory licenses required to offer derivatives trading in these jurisdictions.

• The US Reality: While some offshore exchanges register as a Money Services Business (MSB) with FinCEN, this only covers basic anti-money laundering duties. It does not grant authority to offer futures trading, which is strictly regulated by the CFTC and NFA. BloFin restricts US users to avoid violating federal law.
• Canada: BloFin is not registered as a Restricted Dealer with Canadian regulators (like the OSC), making it illegal to onboard Canadian traders.

2. International Sanctions & High-Risk Zones

BloFin blocks nations like North Korea, Iran, and Syria to strictly adhere to:

• OFAC Sanctions: Compliance with US Office of Foreign Assets Control (OFAC) trade embargoes.
• FATF Guidelines: The Financial Action Task Force (FATF) identifies "high-risk" jurisdictions (such as Myanmar and Iran) with weak anti-money laundering (AML) controls. BloFin blocks these regions to prevent illicit financial activity.

BloFin Supported Countries

Outside of the restricted zones, BloFin operates globally in over 150 countries. It is designed to be borderless for most traders, with a specific focus on high-leverage markets in Europe, Asia, and Latin America.

Key Supported Regions

• Europe: Widely available in Germany, France, Poland, and the UK (subject to local derivatives laws).
• Asia: Strong presence in Southeast Asia, with dedicated operations in Vietnam.
• Latin America: Fully accessible in Brazil, Argentina, and Mexico.
• Oceania: Open to traders in Australia and New Zealand.

Language & Currency Support

To support its global user base, BloFin offers localized interfaces and 24/7 support.

• Languages: English, Spanish, Portuguese (New), Vietnamese, Russian, Ukrainian, Turkish.
• Fiat Currencies: Supports 30+ currencies (USD, EUR, GBP, BRL, VND, TRY) via third-party on-ramps like Banxa and Simplex.

BloFin Licenses and Regulation

BloFin operates as an offshore exchange and does not currently hold regulatory licenses from tier-1 financial authorities like the US SEC, UK FCA, or Australian ASIC. Furthermore, unlike some competitors that register as a Money Services Business (MSB) for basic reporting, BloFin does not hold an active US MSB registration. 

Consequently, the platform is strictly unauthorized to offer services to US residents. Instead of regulatory insurance, BloFin builds trust through institutional-grade security, holding ISO/IEC 27001 certification (achieved in 2025) and utilizing Fireblocks for insured asset custody.

BloFin KYC Requirements

BloFin is one of the few remaining exchanges that allows users to trade crypto without immediate identity verification. However, it employs a tiered verification system to balance user privacy with global compliance standards.

Verification Levels & Withdrawal Limits

The platform offers three distinct levels of access. Most traders can operate comfortably at the default Level 0, provided they do not need to withdraw more than 20,000 USDT daily.

Level 0 (Basic / No KYC)

• Requirement: None (Email or Phone Number only).
• Daily Withdrawal Limit: 20,000 USDT.
• Features: Unlimited access to Spot and Futures trading (up to 150x leverage).

Level 1 (Basic Identity)

• Requirement: Government-issued ID card or Passport + Selfie.
• Daily Withdrawal Limit: 1,000,000 USDT.
• Features: All trading features plus access to P2P Trading.

Level 2 (Advanced Identity)

• Requirement: Proof of Address (Bank statement or utility bill).
• Daily Withdrawal Limit: 2,000,000 USDT.
• Features: Maximum withdrawal limits and priority customer support.

While standard trading is possible without verification, BloFin enforces KYC for specific activities. Users must complete identity checks to engage in Copy Trading, purchase crypto via third-party fiat gateways (like Banxa), or exceed the 20,000 USDT daily withdrawal limit.

About BloFin

Founded in 2019 as an asset management firm before launching its exchange in 2023, BloFin has established itself as a premier no-KYC platform for professional traders. Backed by a $50M Series B round from heavyweights like SIG, KuCoin Eco Fund, and Matrix Partners, it offers deep liquidity and 150x leverage without the friction of identity verification. 

Unlike typical offshore exchanges, BloFin validates its security through ISO 27001 certification, monthly 1:1 Proof of Reserves, and Fireblocks MPC custody, bridging the gap between anonymous trading and institutional safety.

Final Thoughts

BloFin remains accessible to traders in most regions, but its country restrictions are strict and actively enforced. Before creating an account, confirm your residency is not on the restricted list and avoid any attempt to mask your location, as this can lead to frozen funds. 

If you are in a supported country, the platform offers flexible KYC tiers and high leverage, but it operates offshore without tier-1 regulatory coverage.