WhiteBIT Unveils Automated Trading Bots for Spot Trading in the UK
WhiteBIT has expanded its product offering in the UK by introducing two automated spot trading tools: the Spot Grid Bot and Martingale (DCA) Bot. These bots are designed to automate trading strategies while allowing traders to adjust settings without interrupting active positions.
The launch reflects the growing demand for automated trading tools in the UK, where regulation has limited retail investors to spot trading. The FCA's ban on crypto derivatives means that spot trading is the only method for retail investors to access digital assets.
WhiteBIT's Spot Grid Bot and Martingale (DCA) Bot were developed with this environment in mind. The bots are designed for different strategies, with the Spot Grid Bot suited for sideways or ranging markets, and the Martingale (DCA) Bot suitable for traders with a directional view of the market.
The launch comes as the UK crypto market becomes more defined, with established investors holding larger average values per investor. According to the FCA's Cryptoassets Consumer Research 2025, the number of UK crypto holders fell from approximately 7 million to 4.5 million over the past year, but the average value held per investor rose to just under $2,500.