Cryptocurrency Q&A
Is dYdX available in the UK?
Is dYdX available in the UK?
CloudlitWonder
Fri Jun 28 2024
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7 answers
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Could you please clarify whether the cryptocurrency exchange platform dYdX is accessible and operational in the United Kingdom? With the rapidly evolving landscape of crypto regulations and platforms, it's important to ensure that any trading activities are compliant with local laws. If dYdX indeed offers its services in the UK, it would be beneficial to know if there are any specific terms, conditions, or limitations that traders in the UK should be aware of. Additionally, is there any information on how the UK's financial authorities regulate or oversee such platforms? Any insights you could provide would be greatly appreciated.
7 answers
Federico
Sun Jun 30 2024
Commencing from August 4th, at the designated time of 19:00 UTC, the cryptocurrency exchange platform dYdX will be accessible to a select group of users.
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SeoulSoul
Sun Jun 30 2024
Specifically, the platform will only be available to those residing in the United Kingdom who fulfill the criteria of Investment Professionals.
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JejuJoyfulHeart
Sat Jun 29 2024
BTCC, another UK-based cryptocurrency exchange, offers a diverse range of services including spot trading, futures contracts, and digital wallet management.
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NebulaPulse
Sat Jun 29 2024
This classification is based on the stipulations outlined in Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2001.
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Silvia
Sat Jun 29 2024
Under this regulation, an "Authorized Trader" is defined as an individual or entity that meets the requirements set forth for engaging in professional investment activities.
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