How to Buy USDT in the UK
By Youssef Adel · Last updated:
| Currency | Pound sterling (GBP) |
| No new UK accounts | Binance · Bybit · MEXC · Gate |
| Open to UK residents, but no USDT | OKX (no P2P either) · Bitpanda |
| USDT available | Bitget · KuCoin (UK not on their restricted lists) |
| Most common rails in GBP ads | Faster Payments · Lloyds · Monzo · Starling |
Is Binance available in the UK?
Not for new accounts. Binance stopped accepting new UK users from 16 October 2023, and we found no later announcement reopening sign-ups. That applies to the whole UK, so England, Scotland, Wales and Northern Ireland alike.
Bybit in the UK after 21 September 2026
Bybit's official notice of 21 September 2026 says:
- No new registrations from UK residents, effective the same day.
- From 21 October 2026, existing UK accounts are limited to withdrawals and converting small balances.
- bybit.com/en-GB closes on 19 November 2026.
If you still hold a balance on Bybit, withdraw it before then.
Which exchanges accept UK residents?
| Exchange | UK residents | USDT? |
|---|---|---|
| Binance | No new accounts since 2023 | - |
| Bybit | No new accounts since 21 Sep 2026 | - |
| MEXC | No | - |
| Gate | No | - |
| OKX | Yes: spot, Convert and Express Buy only | No: UK list has USDC and EURC. No P2P, no GBP deposits |
| Bitpanda | Yes, via Bitpanda Broker UK | No: USDC |
| Bitget | UK not on its prohibited list | Yes |
| KuCoin | UK not a restricted location | Yes; small GBP P2P market |
Right after you sign up: verify your account and have your ID card or passport ready. The steps are here: KuCoin identity verification
Verification guides: Bitget · KuCoin. If you live in the UK on a non-UK passport, have a recent proof of UK address ready (a utility bill or bank statement).
GBP P2P market on 25 October 2026
There are plenty of GBP ads, but most sit on platforms that don't take new UK accounts:
| Exchange | Ads to buy from / sell to | Open to a new UK resident? |
|---|---|---|
| Bybit | 114 / 267 | No |
| Binance | 62 / 201 | No |
| OKX | 86 / 160 | No (P2P not offered in the UK) |
| KuCoin | 3 / 45 | Yes |
On KuCoin, just 3 ads were selling USDT, at about GBP 0.87, while 45 were buying it at about GBP 0.73 (median of the first 20). Revolut, bank transfer and Wise were the most listed methods. With a gap that wide, KuCoin P2P is not where you want to buy.
Sending money to family from the UK
- Egypt: a Wise bank transfer in Egyptian pounds is simpler than USDT: send money to Egypt with Wise.
- Syria: Wise doesn't send to Syria. Your family receives USDT on Binance: withdraw USDT in Syria.
- Iraq: sell USDT in Iraq.
- Morocco: sell USDT in Morocco.
Sending: how to send USDT · USDT networks.
Watch out
- Give the UK as your country of residence, and don't use a VPN or a foreign address to open an account on an exchange that excludes the UK.
- Pay only from an account in your own name, and don't release crypto until the money shows in your banking app: common P2P scams.
FAQ
Can you use Binance in the UK?
Not with a new account. Binance stopped accepting new UK users on 16 October 2023.
Can I sign up for Bybit from the UK?
No. Bybit stopped new UK registrations on 21 September 2026, and existing UK accounts are withdrawal-only from 21 October 2026.
Does OKX sell USDT in the UK?
OKX's official UK asset list (August 2026) has USDC and EURC, not USDT, and P2P isn't offered to UK customers.
How do I send money from the UK to Egypt?
A Wise bank transfer in Egyptian pounds is the simplest. For USDT you need an exchange that accepts UK residents, such as Bitget or KuCoin.
Last updated: 25 October 2026 · Exchange status from official announcements and lists as of 25 October 2026. Ad counts, prices and payment methods from the public P2P pages of Binance, OKX, Bybit and KuCoin on 25 October 2026; they change daily.
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Official sources we checked
- Binance: no new UK users from 2023-10-16
- Bybit: no new UK registrations and limits on existing UK accounts, 2026-09-21
- OKX: what UK customers can use; no P2P, no GBP deposits (updated 2026-09-17)
- OKX: cryptoassets listed for UK customers; stablecoins USDC and EURC (updated 2026-08-05)
- MEXC user agreement: no registration from the United Kingdom (updated 2026-10-13)
- Gate user agreement: the UK is a restricted location, checked 2026-10-25
- Bitget Terms of Use: the UK is not a prohibited country (updated 2026-10-20)
- KuCoin Terms of Use: the UK is not a restricted location, checked 2026-10-25
- Bitpanda: UK supported through Bitpanda Broker UK Ltd (updated 2026-08-06)
- Bitpanda: verifying in the UK and proof of address, checked 2026-10-25
- Binance P2P in GBP: ads and payment methods, snapshot 2026-10-25
- KuCoin P2P in GBP: ads and prices, snapshot 2026-10-25