Understanding BloFin Restricted Regions: What You Need to Know Before Trading

What Is BloFin and Is It Legit?

BloFin is a legitimate crypto derivatives exchange focused on perpetual futures, but it deliberately operates offshore and does not hold licenses in the US, Canada or the EU. If you are wondering what is BloFin in one sentence: it is a futures-first trading platform offering perpetual contracts on 400+ pairs, spot trading and copy trading, with no identity verification required for basic trading.

So is BloFin legit? By the standards that matter to an active trader, yes: it launched its futures exchange in 2023, publishes a Proof of Reserves report, runs an established affiliate program, and processes withdrawals reliably. Legit does not mean regulated everywhere, though. BloFin's legal setup is exactly why a restricted regions list exists at all, and why you should read it before depositing. We cover BloFin's cost side in detail in our BloFin fees guide.

BloFin Restricted Countries: The Full List

BloFin's Terms of Use name the following restricted locations where the platform may not be accessed or used: the United States of America, Canada, the Republic of Singapore, India, the United Arab Emirates, the People's Republic of China, Afghanistan, Angola, Belarus, Burundi, Cameroon, the Central African Republic, Côte d'Ivoire, Cuba, the Democratic People's Republic of Korea (North Korea), the Democratic Republic of the Congo, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Lebanon, Liberia, Libya, Mali, the Marshall Islands, Myanmar, Nicaragua, Russian-controlled regions of Ukraine (currently including the Crimea, Donetsk and Luhansk regions and Sevastopol), Rwanda, Serbia, Sierra Leone, Somalia, South Sudan, Sudan, Trinidad and Tobago, Venezuela, Yemen and Zimbabwe.

Two things stand out on that list. First, it is not just the usual sanctions territories: major markets like the US, Canada, Singapore, India and the UAE are excluded too. Second, the Terms explicitly reserve the right to add jurisdictions at BloFin's sole discretion, so the list you agree to today can grow tomorrow. The version above reflects BloFin's published Terms of Use as of July 2026; the current authoritative list always lives in the Terms of Use on blofin.com.

If your country is not on the list, you can open an account normally. If it is, BloFin's systems will generally stop you before you can trade: the site geo-blocks visitors from restricted regions with a notice that service is unavailable under the Terms and Conditions.

BloFin Supported Countries: Where You Can Trade

BloFin is available across most of the world, and the simplest rule is the inverse of the restricted list: if your country is not named in the Terms of Use as a restricted location, you can open and use an account normally. That covers most of Latin America, most of Asia outside the excluded markets, Africa outside the sanctioned states, and most of Europe. When people ask what countries BloFin is available in, this is the honest answer, and it is more reliable than any third-party country list: the supported set is everywhere the official restricted list is not.

BloFin is available in most of the EU and in the UK, because neither the European Union broadly nor the United Kingdom appears on the restricted locations list. One caveat matters: BloFin serves EU and UK users as an offshore venue, not as a MiCA-licensed European entity or an FCA-registered UK one, so it operates outside those licensing regimes rather than under them. Access works; regulatorily, it stays an offshore exchange, which is the same status that keeps its no-KYC signup and high leverage intact. If you are unsure whether BloFin is available in your country, the definitive check is to open the Terms of Use, read the restricted locations clause, and confirm your country is absent before funding anything.

Why BloFin Restricts These Regions

The restrictions come down to two forces: international sanctions law and local derivatives regulation. The first group on the list mirrors trade and economic sanctions programs. BloFin's Terms require that users are not on sanctions lists such as OFAC's Specially Designated Nationals list or the United Nations Security Council Sanctions List, and serving sanctioned territories would expose the exchange itself to enforcement.

The second group is regulatory. Countries like the United States, Canada and Singapore require specific licenses to offer leveraged crypto derivatives to residents. Rather than register with each regulator, accept the compliance burden and mandatory KYC that come with it, BloFin excludes those markets entirely. That trade allows it to keep no-KYC access and high leverage for everyone else, which is precisely the product its users choose it for.

This is a common structure among offshore derivatives venues, and it is worth understanding as a trader: the exchange is not banned in those countries so much as it has chosen not to enter them. The obligation the Terms place on you is to respect that choice from your side of the connection.

Can You Use BloFin in the US?

No. BloFin is not available in the US, and the United States is explicitly named in the restricted locations list. Every version of the question resolves the same way: is BloFin supported in the US? No, there is no US entity, license or support. Is BloFin allowed in the USA? No, US residents are barred by the Terms of Use. Can you use BloFin in the US? Not without violating the agreement you accept at signup.

Is BloFin legal in the US is the subtler question. There is no law that criminalizes an individual for holding a BloFin account, but the exchange is not registered with the CFTC or SEC, nor with the NFA or FinCEN as a money transmitter, so it cannot lawfully serve US customers, and it geo-blocks US IP addresses.

In practice, the no-KYC signup is exactly why BloFin keeps coming up in US trading communities: because the platform never asks for an ID, a VPN connection is the only barrier between a US trader and a funded account, and plenty of people take that route. Knowing that it happens does not make it a good idea. Connecting through a VPN breaches the Terms of Use you accept at signup, and if your real location surfaces later, during a withdrawal review or a risk check, BloFin is contractually entitled to freeze or close the account. The account works until the day it matters most, and that asymmetry is the real cost.

If you are in the US, the honest answer is to pick a venue that serves your market rather than fighting the geo-fence. Our supported exchanges overview shows which platforms Trade Reclaim works with and where each one operates.

BloFin Fees, Trading Costs and the Referral Code

For traders in supported regions, BloFin fees are simple: spot trading costs a flat 0.10% for both maker and taker, and perpetual futures cost 0.02% maker / 0.06% taker at the standard tier. VIP tiers lower both sides, but they only start moving from roughly 5,000,000 USDT in 30-day volume or six figure balances, so the standard BloFin trading fees are what most accounts actually pay.

This is where the cashback math comes in. Trade Reclaim pays back 30% of every BloFin trading fee, in USDT, withdrawable any time from 20 USDT. A futures trader doing 5,000,000 USDT a month in taker orders pays about 3,000 USDT in fees monthly; 30% cashback returns roughly 900 USDT of that, every month, on top of any VIP tier.

The BloFin referral code is TradeReclaim, and our link applies it automatically. BloFin is also the one exchange on our roster where an existing account can be linked to cashback via a referrer change, no new signup needed. The full walkthrough, including the exact signup path and UID step, is in our BloFin referral code guide.

BloFin Customer Service and Resources

BloFin customer service runs through three channels: the Support Center knowledge base, 24/7 in-app live chat, and email. For account-specific issues like deposits, withdrawals or verification, live chat from inside the app is the fastest route. The Support Center at blofin.com covers platform mechanics, API documentation and the legal documents, including the Terms of Use with the restricted locations clause.

One practical note from our own testing: if you open BloFin's website from a restricted region, you will not reach support pages at all. The site returns a notice that your IP address is from one of BloFin's restricted countries and directs you to email instead. So if you ever see that message while traveling, it is the geo-fence working as designed, not an account ban.