Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Binance is one of the most popular exchanges in the world and is frequently used by UK-based traders.
However, Binance is not currently available to UK-based users.
This is due to the fact that Binance is not licensed by the Financial Conduct Authority (FCA), which is the financial regulator in the UK. As such, Binance is not subject to the same regulatory requirements as other UK-based exchanges.
This means that there is a higher risk associated with using Binance, as there is no guarantee that your funds will be safe. Additionally, if you experience any problems with your account, you will not be able to file a complaint with the FCA.
If you are based in the UK and are looking for a reputable cryptocurrency exchange, you can use Coinbase or Kraken. Both of these exchanges are licensed by the FCA and offer a safe and secure platform for trading cryptocurrencies.