OKX expands services across 28 EEA nations with MiCA license

by Spencer Haag

OKX has formally entered the European markets by increasing its companies to incorporate 28 EEA areas after becoming the predominant exchanges to stable a MiCA license.

The crypto commerce told users that it has expanded its trading companies all over 28 European Economic Place of dwelling member states, working from its predominant hub located in Malta. The commerce estimated that more than 400 million Europeans shall be ready to win true of entry to its MiCA-compliant crypto companies.

Consistent with the announcement, OKX is now accessible within the next worldwide locations: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Eire, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

The records comes nearly a month after the platform successfully secured a MiCA license, granting it permission to operate within the EU below the unique guidelines.

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With a MiCA license, OKX is able to lengthen its companies all over all EU worldwide locations as prolonged because the platform complies to the regulatory requirements save in net page. The commerce will provide users with over-the-counter trading, position trading and bot trading.

To accommodate its unique European users, the commerce is offering over 60 euro-basically based mostly trading pairs to boot as to more than 240 cryptocurrency tokens and 300 trading pairs already integrated within the platform.

European users can now deposit and withdraw euros with out cost through bank transfers and net crypto resources through playing cards and other broadly-earlier native cost concepts.

As well, the trading platform also affords native forex alternatives, native language customer relief for every space, merchandise designed by regional possibility to boot as assorted interfaces for newcomers and evolved merchants.

In slack January, OKX became the predominant virtual resources cryptocurrency commerce to stable pre-authorization below the MiCA framework. Consistent with MiCA guidelines, OKX discontinued its USDT trading pairs inside the EEA back in March 2024.

Learn more: OKX secures MiCA pre-authorization to lengthen companies in Europe

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