- OKX now offers regulated, localized crypto services and
local payment methods to over 400 million Europeans
VALLETTA, Malta, Feb. 18,
2025 /PRNewswire/ -- OKX, a leading global blockchain
technology company, announced today that it is now among the first
MiCA (Markets in Crypto-Assets)-licensed global crypto exchanges to
receive approval to passport its services across Europe.
OKX now offers fully regulated, localized crypto products and
services to over 400 million Europeans in 28 EEA (European Economic
Area) member states through its EEA hub based in Malta:
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Austria
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Germany
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Malta
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Belgium
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Greece
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Netherlands
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Bulgaria
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Hungary
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Poland
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Croatia
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Ireland
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Portugal
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Cyprus
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Italy
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Romania
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Czech Republic
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Latvia
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Slovakia
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Denmark
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Liechtenstein
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Slovenia
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Estonia
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Lithuania
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Spain
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Finland
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Luxembourg
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Sweden
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France
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Customers in the region now have access to OKX's unrivaled,
secure, and transparent infrastructure. This includes: OTC trading,
spot trading, and bot trading, for more than 240 cryptocurrency
tokens across over 300 trading pairs, and more than 60 Euro-based trading pairs. European customers
can also deposit and withdraw Euros for free through bank
transfers, and easily buy crypto using cards and other widely-used
local payment options.
In addition, the firm promises to provide a seamless user
experience by offering:
- App and web platforms in local languages
- Local currency display options
- Local language customer support
- A wide variety of popular local payment methods
- Products tailored to regional preferences
- An easy-to-use interface for beginners
- A full-featured product interface for advanced users
Passporting allows businesses that are MiCA registered and
licensed in one EU country to offer its services in other EU
countries under a unified regulatory framework. The approval
follows OKX's receipt of the MiCA license on 27th January 2025.
OKX Europe CEO, Erald Ghoos
said: "Securing the MiCA license and achieving passporting
rights underscores our unwavering commitment to providing secure,
transparent, and localized crypto services across the EEA. With
support for local languages, currencies, and payment methods, we
are making crypto trading more accessible than ever. OKX is the new
alternative for European crypto finance, and the milestone
solidifies our position as go-to platform for both
beginners and advanced customers in the EEA."
OKX serves over 60 million customers worldwide and is a leader
in advanced and reliable cryptocurrency services, offering both
centralized (CEX) and decentralized (DEX) exchange platforms.
Passporting through MiCA allows the firm to scale its services
across Europe and is part of the
firm's global efforts to grow its onshore business. In 2024, OKX
launched in seven onshore markets and obtained four new licenses
and registrations.
Learn more at okx.com
About OKX
OKX is a technology company with a mission to organize the
world's blockchains and make them more accessible and useful.
We want to create a future that makes our world more efficient,
transparent and connected.
OKX began as a crypto exchange giving millions of people access
to trading and over time became among the largest platforms in the
world. In recent years, we have developed one of the most connected
onchain wallets used by millions to access decentralized
applications (dApps).
OKX is a brand trusted by hundreds of large institutions seeking
access to crypto markets on a reliable platform that seamlessly
connects with global banking and payments.
Our most well-known products include: The OKX Exchange, OKX
Wallet, OKX Marketplace, OKX Explorer, OKX Chain and OS for
developers, OKX Ventures and OKX Institutional Services. To learn
more about OKX, download our app or visit: okx.com
Disclaimer
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