Crypto Exchange CEX.io has expanded its services to the United Kingdom by enabling spot trading for UK-based customers.
The CEX.io team announced the expansion of its suit of crypto products available to customers through a press release shared with Crypto.news.
The introduction of spot trading means that UK users now have access to similar products available to CEX.io customers in the European Union. Customers can trade more than 100 cryptocurrency including bitcoin (BTC) and top altcoins.
There are still available for trading, which are meme coins like official Trump, Dogin and Pepe.
“By providing UK customers with access to our spot trading platforms, we greatly expand the existing liquidity proposals in the region. This allows local traders to execute trades without significantly affecting prices, leading to a more cost -effective trading experience and healthy trading environment. ,
Managing Director of CEX.io at Rich Evans, UK.
Back to CEX.io in Britain
The launch of CEX.io of Spot Trading for UK users follows the Reventory of the exchange in the country in September 2024.
The Crypto Exchange had stopped the operation of its UK in October 2023, which was a push for Crypto companies to push and ensure compliance by market regulators. CEX.io’s move to temporarily exit Britain was in response to the country’s financial promotion policy.
While the exchange pursued regulatory compliance with anti -money laundering measures, its restaurant in September allowed customers to buy, sell and change crypto assets.
The latest declaration that underlines spot trading support is an indicator of further commitment to AML registration with the Financial Conduct Authority. Country in the country can help it market share,
In particular, the regulatory landscape of the European Union has pushed exchanges and service providers to obtain licenses. The approval for markets in Crypto asset, or for example, allows the mica virtual asset service providers to passport solutions and offerings for the rest of the block.
