Binance Launches FCA-Registered UK Platform
Binance has unveiled a dedicated platform for UK users, operating under a newly granted FCA registration, with a reduced range of products compared to its global offering.
Binance, the world’s largest cryptocurrency exchange by trading volume, has launched a dedicated UK platform following its registration with the Financial Conduct Authority (FCA).
What the new platform offers
The UK platform supports spot trading in the most popular cryptocurrency pairs, including BTC/GBP, ETH/GBP, and over 50 altcoin pairs. Fiat deposits and withdrawals via bank transfer and debit card are available from launch.
Derivatives and leveraged products remain unavailable to UK retail customers, in line with FCA rules that ban the sale of crypto derivatives to retail consumers.
How this differs from Binance.com
The global Binance.com platform offers hundreds of trading pairs, futures, options, staking, and lending products. UK users who previously accessed these features via Binance.com will need to migrate to the UK entity or use an alternative platform for products not available under FCA registration.
What this means for UK users
If you are based in the UK and currently using Binance.com, you will receive an email prompting you to transfer your account and funds to the new UK entity. This process is expected to take several weeks.
New UK users can register directly at the UK platform. Standard KYC (know your customer) checks apply, requiring photo ID and proof of address.
For a full walkthrough of getting started, see our guide: How to use Binance in the UK.