🚀 Stay Ahead with AltcoinDaily.co! 🌐
Bitget, the cryptocurrency exchange and Web3 provider is officially re-entering the UK market with the relaunch of its platform. This will allow British users to access a wide array of digital assets on the Bitget platform.
As per the announcement, users will gain access to over 150 tokens on the offering. Notably, the re-launch complies with the Financial Promotions Regime. With this, Bitget has become one of the cryptocurrency platforms in the UK with wide-ranging offerings.
Bitget Expands Access to Over 150 Tokens for UK Users
The exchange made its UK website available to British users, containing over 150 tokens available for trading. The exchange says this is a commitment to ensuring that users in the region have a wide range of options in the crypto market. Investors visiting the site will have more than they can access on other global exchanges.
🌟 Unlock Crypto Insights with AltcoinDaily.co! 💰
The exchange says it has met all regulatory, transparency, and fairness standards and aligned with the UK Financial Conduct Authority’s Financial Promotions Regime.
Ensuring Regulatory Compliance and User Security
Speaking on the development, Gracy Chen, Bitget CEO, emphasized that the exchange prioritizes compliance as it seeks to expand. He explained that entering the UK market under the regime’s guidelines allows Bitget to bring variety to its users.
“This launch is a step towards establishing Bitget as a long-term, compliant partner in diverse markets, providing investors with a platform to explore digital assets,” Chen stated.
🦂 AltcoinDaily.co is your trusted source for the latest in crypto news and insights. 🚀
The CEO assured the exchange would continue to focus on achieving results despite tough market conditions.
Positive Market Impact and Future Prospects
Over the years, Bitget Exchange has striven to adhere to regulatory standards. In 2023, for instance, Bitget went on an aggressive Know-Your-Customer (KYC) drive to enhance users’ security. The move also helped the exchange comply with the digital asset regulatory framework. Bitget ensured compliance by placing limitations on users.
Experts consider this expansion move by the trading platform to be significant and likely to improve its fortunes. In the first quarter of 2024, the exchange futures and spot trading hit $1.4 trillion and $160 billion, respectively. They anticipate the recent UK moves to increase these figures by considerable margins.
