Home WhiteBIT Launches UK-focused Crypto Platform Amid Rising Adoption

WhiteBIT Launches UK-focused Crypto Platform Amid Rising Adoption

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WhiteBIT Launches UK-focused Crypto Platform Amid Rising Adoption
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WhiteBIT has launched whitebit.uk, a crypto platform for users in the United Kingdom, as the exchange expands into regulated European markets.

The platform will offer different services for retail and institutional users. Retail traders can use spot trading, instant conversion, market analytics, crypto lending, and auto-invest tools.

Institutional clients will get API integration and crypto-as-a-service features. Users can also deposit GBP through the UK’s Faster Payments Service.

WhiteBIT said this expansion shows growing crypto adoption in the UK, where Financial Conduct Authority data says 91% of people know about crypto assets and more are using centralized exchanges. The company pointed to the UK’s regulated financial environment as a main reason for entering the market.

The exchange has also stressed security and compliance as part of its growth plan. WhiteBIT recently got a triple-A security rating from CER.live and says it follows strict AML and KYC standards as it gets ready for wider adoption in Europe.

 

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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