Bitget Re-Opens UK Platform with 150 Tokens

Bitget has re-launched in the UK, providing access to over 150 tokens in compliance with the FCA’s Financial Promotions Regime, with approval from Archax.

Bitget, a Web3 provider and cryptocurrency exchange, has recently announced the relaunch of its platform in the United Kingdom. This new offering provides British users with access to a diverse array of digital assets. The exchange’s offerings surpass 150 tokens, rendering it one of the most comprehensive crypto platforms in the UK, and the relaunch is consistent with the Financial Promotions Regime.

Bitget has launched in the United Kingdom, doubling the number of tokens available to cryptocurrency traders

British users now have access to more than 150 tokens for trading, as Bitget has officially relaunched its UK website. This extensive selection surpasses the token variety accessible on numerous global exchanges. It indicates the exchange’s dedication to providing a comprehensive selection of alternatives for cryptocurrency investors in the United Kingdom.

Furthermore, the Seychelles-based platform is positioned among the top exchanges in the UK due to its diverse token selection.

The relaunch is a response to the increasing demand for various digital assets in the United Kingdom. Bitget’s expansion is consistent with the Financial Promotions Regime of the UK Financial Conduct Authority (FCA), which guarantees that all promotional activities adhere to fairness and transparency standards.

Furthermore, the exchange’s offerings illustrate the platform’s strategy to offer a wide range of options to UK crypto investors within a compliant framework.

Archax’s approval facilitates custody services for cryptocurrency users in the United Kingdom

Bitget users in the United Kingdom can now access a variety of cryptocurrency trading and custody services, including tokenized real-world assets, as a result of Archax’s approval. Archax, a regulated digital securities exchange, will provide the requisite local endorsement to enable operations within the UK’s regulatory environment.

Additionally, the endorsement will facilitate Bitget’s entry into the United Kingdom, as it satisfies the Financial Promotions Regime’s requirements for offshore exchanges that operate in the region. Archax’s involvement in the vetting of offerings bolsters the exchange’s endeavors to ensure that a high level of security protects UK users.

Notably, Julia Loder, Archax’s Head of Regulation, underscored their endorsement, stating,

“We are dedicated to upholding high standards of the Regime, providing UK investors with access to a transparent trading experience.”

This relaunch indicates the platform’s strategy of integrating local compliance requirements into its expansion plans. Additionally, Bitget’s CEO, Gracy Chen, stated,

“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 ever-changing 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.”

Notably, the adaptability of the market is underscored by the diverse interests of UK investors and the extensive range of digital assets. The exchange growth in the crypto sector will be further solidified by the UK crypto market, which is renowned for its advanced financial environment. Bitget’s global presence is further enhanced by this expansion, which is now in more than 150 countries and serves over 45 million users.

In the interim, the crypto exchange has recently implemented the “Pitch n Slay” initiative as part of its Blockchain4Her program to assist female entrepreneurs in Web3. The program offers mentorship, guidance, and exposure on a scale of up to $100,000 in funding.