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Bitunix Opens A UK Branch As An Expansion Of International Operations

Published 10/05/2023, 18:02
Updated 10/05/2023, 19:11
© Reuters.  Bitunix Opens A UK Branch As An Expansion Of International Operations
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Benzinga - Bitunix, the crypto derivative exchange, is stepping into European countries with the opening of a branch in the United Kingdom. Bitunix Technologies Ltd. is preceding the expansion of the exchange in the UAE with a branch office in Dubai.

The European crypto market is vast, with a notable number of users, and the exchange plans to strengthen the global user's platform via this new establishment. Bitunix is also confident in its planning and development, as it goes hand in hand with constant growth and fewer mistakes.

Arron Lee, the co-founder of Bitunix, is positive about the financial setup with complete regulation in the United Kingdom and entitles it to be a learning environment for startups' “compliance and security”.

Lee also adds:

“We hope to take advantage of the UK environment and resources to prepare for compliance and safe development in the long term.”

With the latest activity, it is evident that Bitunix is focused on instant and regular updates on the global crypto market since its launch in November 2021. The exchange started listing and trading the most hyped meme token, $PEPE, on the 6th of May.

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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