With ByBit beginning to cease operations in the U.K., British users are looking for alternative crypto trading platforms, especially those offering both crypto futures and crypto investments aside from spot trading. There are several factors to consider, including licensing status, user experience, fees, the range of supported assets, and GBP support. Let’s go through each of these factors.
Licensing status & GBP support
There are two types of exchanges available for crypto enthusiasts in the U.K.: those who have registered with the Financial Conduct Authority (FCA) and offshore entities. The case with offshore exchanges requires a thorough evaluation from users’ side; it’s recommended that anyone wanting to engage with such a platform makes sure that it has decent operating licences and has a clean record. Take this as an example: Binance has acquired licences in several jurisdictions, but not major ones, and they have been under scrutiny by authorities in the U.S., France,
We współpracy z: https://cryptodaily.co.uk/2023/10/how-to-select-the-best-alternative-crypto-exchanges-for-the-uk
