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Binance will launch digital asset trading platform for institutional and retail investors in the UK

Binance to launch spot crypto trading platform in the UK

The new platform will enable uses to make faster direct deposits and withdrawals from bank accounts with the UK Faster Payments Service and the Single Euro Payments Area Network.

Teana Baker-Taylor, director of Binance UK said that with the crypto market developing and growing, Binance will create more investment options for traders.

Binance has reported that the number of institutional clients on its platform grew by 47% since the fourth quarter of 2019.

The crypto exchange also reported institutional client volumes growth of 113% for Q1 2020 on spot transactions and futures investment jumped 217%.


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Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.

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