The leading cryptocurrency exchange, Binance, will launch a trading platform in the United Kingdom this summer, a recent report informed. It will allow both retail and institutional investors to use the platform, which will be regulated by the UK Financial Conduct Authority. UK residents: In addition to normal crypto trading, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume The June 17 announcement that Binance would launch a trading platform in the UK came a month after the company appointed Baker-Taylor as its UK director. She was a former executive of Coinfloor ... The Changpeng Zhao-led Binance, one of the largest cryptocurrency exchanges by trading volumes and client count, will launch a fiat-supported platform in the UK to cater to growing retail and institutional investors in the next few weeks reports Reuters, on June 17, 2020. Up To 65 Digital Assets to Be Supported… Fortunately, Bitcoin trading in the UK is absolutely legal and unrestricted. All you need is a trustworthy broker and the minimum amount of trading required. The minimum deposit and trading amount varies enormously depending on the type of platform. Basically we have to distinguish between 2 types of Bitcoin Brokers. "Real" Bitcoin Brokers According to a blog post from Binance, up to 65 digital assets will be available upon the launch of the UK exchange. However, at this moment in time, there is no indication of which cryptos assets will make the cut. Binance CEO, Changpeng Zhao spoke of the importance of leveraging the UK, and European markets in expanding Binance’s growth. The Chinese exchange with headquarters in Malta has recently launched Binance JE, a trading company that focuses on the European and UK crypto market. The best thing about this market expansion is the added support for GBP and EUR payments. If you prefer using a UK-based Bitcoin exchange, CEX.io is a reliable platform that lets you pay in GBP and make deposits via Visa or Mastercard. The fact ... Binance has announced the future launch of a new trading platform regulated by the UK’s Financial Conduct Authority (FCA). It is called Binance UK.. The new platform will be launched in summer 2020, and will allow the purchase and trading of cryptocurrencies with British Pounds (GBP) and Euros (EUR).
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