Victoria, Seychelles, 6th November 2024 – Bitget, a leading cryptocurrency exchange and Web3 company, has officially re-launched its UK website, in compliance with the Financial Promotions Regime, thereby providing British users with access to an extensive selection of digital assets. With more than 150 tokens available for trading, Bitget offers one of the widest ranges of token offerings in the UK, more than doubling the offerings of many of its Global competitors. This launch makes Bitget one of the leading exchanges available in the UK market. Bitget is committed to meeting the region's growing demand for access to trading in crypto. With the Archax approval, Bitget users will be able to access a range of crypto services on the platform. The approval will now allow Bitget users in the UK access to trade crypto and custody services for a range of assets including tokenised real-world assets.
"At Bitget, compliance is the core of our expansion strategy. The entrance into the UK market under the regime allows us to bring users a wide variety of digital assets within the everchanging crypto landscape. 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," said Gracy Chen, CEO at Bitget.
Archax is excited to support Bitget in this milestone, bringing their broad selection of digital assets to the UK within a robust framework that ensures compliance with the FCA’s Financial Promotion Rules. We are dedicated to upholding high standards of the Regime, providing UK investors with access to a transparent trading experience," said Julia Loder, Head of Regulation at Archax.
Bitget’s comprehensive offering addresses the varied interests of UK investors, providing options for both newcomers and seasoned traders. This broad range is designed to meet the evolving expectations of the UK market, a region that has shown increasing interest in diverse and innovative digital currencies.
The launch marks Bitget’s first step towards a compliant framework in the region. Archax's approval is in line with the financial promotions regime, which requires that financial promotions offered by offshore crypto exchanges be vetted by a local approver. The aim is to ensure that promotions adhere to standards of fairness and transparency, a move that highlights Bitget's commitment to maintaining regulatory standards.
This aligns with Bitget's broader vision to facilitate global access to crypto trading with a focus on local compliance and meeting regulatory standards. Bitget’s website is fully operational in the UK, open to new users, and aims to build a strong local user base by offering diverse trading opportunities. The UK market, known for its sophisticated financial environment, presents a significant opportunity, and Bitget's extensive token range is poised to meet this market’s appetite for digital innovation.
This expansion adds yet another region where Bitget is positioned as a key player in the global crypto ecosystem, focusing on diversity, innovation, and compliance.
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About Bitget
Established in 2018, Bitget is a world leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade innovatively with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
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