Loading market data...

WhiteBIT Opens UK Platform as 91% of British Adults Know Crypto

WhiteBIT Opens UK Platform as 91% of British Adults Know Crypto

WhiteBIT, the largest European cryptocurrency exchange by traffic, launched a dedicated UK platform on Wednesday at whitebit.uk. The site opens spot trading, instant conversion, crypto lending, and auto-invest features to British users — with direct GBP funding via cards and the Faster Payments Service. The rollout lands as new FCA data shows 91% of UK adults are aware of digital assets, though only 8% currently hold any.

What the UK platform offers

Retail users get the standard suite: market analytics, instant conversion, and the ability to fund accounts with GBP. Institutional participants can tap liquidity provision, market-making, token listings, and Crypto-as-a-Service via API. WhiteBIT also offers lending and auto-invest on the UK site, though availability depends on onboarding requirements and local regulations. The exchange says 73% of UK crypto users rely on centralized platforms, making the country a logical next stop.

Expanding into regulated markets

WhiteBIT has been steadily planting flags in jurisdictions with clear rules. Before the UK, it entered Argentina, Brazil, Australia, Croatia, Italy, and Kazakhstan — where it operates as a licensed operator. Volodymyr Nosov, founder and president of WhiteBIT’s parent company W Group, called the UK launch “an important milestone in our expansion across regulated jurisdictions.” The timing lines up with the UK’s push to position itself as a fintech hub.

UK crypto landscape in numbers

The FCA’s 2025 data paints a picture of high awareness but cautious adoption. 91% of UK adults know about digital assets, but the holding rate sits at 8%. Of those who do buy, 73% stick with centralized exchanges — a stat that plays directly into WhiteBIT’s strategy. The UK ranks among the world’s top markets for crypto engagement and fintech innovation, according to the same data.

WhiteBIT’s bigger picture

The exchange isn’t new to big-stage deals. It renewed a five-year partnership with FC Barcelona in May 2025. Its native token, WBT, traded at $57.04 on the day of the announcement, up 1.4%. The UK platform is live now, but some features — especially lending and auto-invest — will be rolled out subject to product readiness and regulatory sign-off.