OKX Exchange May Officially Operate in Europe

OKX Exchange May Officially Operate in Europe | INFbusiness

OKX has officially become one of the first global crypto exchanges to receive a MiCA license and passport its services in the European Economic Area (EEA).

“We now offer fully regulated, localized crypto services to over 400 million people across 28 EEA countries, all through our European hub in Malta,” said OKX Europe CEO Erald Goos.

According to the press release, the platform, adapted to regional needs, will offer:

  • over-the-counter and spot trading, as well as bot trading;
  • access to 240+ coins in more than 300 pairs (over 60 with euro);
  • free deposits and withdrawals in fiat via bank transfers;
  • purchasing cryptocurrencies using cards and other traditional payment methods.

The exchange has integrated local languages into its app, web interface and support service.

OKX received the MiCA license on January 27.

“Passportisation allows companies licensed in one EU country to expand their services across the union within a single regulatory framework,” Gus explained.

The expansion into Europe is part of OKX's global development policy. In 2024 alone, the exchange entered seven domestic markets and received four new approvals for operation, the statement said.

According to CoinMarketCap, OKX is one of the top 5 centralized platforms by spot trading volume. Over the past 24 hours, the exchange's volume has exceeded $2.65 billion.

OKX Exchange May Officially Operate in Europe | INFbusiness

Recall that the Winklevoss brothers' Gemini also chose Malta as a hub to ensure compliance with EU regulations.

Источник: cryptocurrency.tech

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