World Crypto Global
- Written by: Tareq Sikder
- Mon, 03 Jun 2024
- Israel
OKX, a global cryptocurrency exchange platform, hasannounced the launch of its services in the Netherlands. Dutch customers nowhave access to spot trading, including buying and selling cryptocurrencies,along with conversion services for over 150 digital assets, including more than60 crypto-Euro pairs. Additionally, the OKX Wallet is available to Dutchcustomers, providing a gateway to the Web3 world and allowing them to have fullcustody of their crypto assets.Instant Euro TransactionsIntegration with iDEAL, the online payment system in theNetherlands, enables customers to withdraw and deposit Euro funds to their OKXaccounts instantly and free of charge. Furthermore, deposits and withdrawalsthrough the Single Euro Payments Area are also available at no cost.The Netherlands boasts a vibrant community of cryptoenthusiasts, ranging from newcomers to seasoned traders and long-terminvestors. Known for their early adoption of technology, the Dutch activelyparticipate in the crypto and Web3 communities.Today, we're officially launching our crypto exchange and #OKX Wallet in the NetherlandsDutch customers can access spot (buy & sell) trading, as well as convert services, for over 150 cryptocurrencies including more than 60 crypto-Euro pairs through our OKX exchange platform. https://t.co/NTcArR5AM0 Lennix Lai (@LennixOKX) June 3, 2024Meanwhile, OKXhas withdrawn its application for a license to offer virtual asset servicesin Hong Kong, as Finance Magnatesreported. The firm will discontinue centralized virtual asset trading servicesfor Hong Kong residents as of May 31, 2024, according to its website.Presence in Netherlands with Compliance MeasuresThe country's reputation for a knowledge-based economy,technological innovation, and investment landscape, coupled with world-classdesign thinking, makes it an attractive market for OKX. The company plans toexpand its local team led by Benelux Regional Manager Roy van Krimpen, with afocus on hiring top talent to ensure sustainable growth and close engagementwith the community.The company holds a crypto service provider registrationwith De Nederlandsche Bank for its centralized exchange platform servicesin Europe, along with a virtual financial asset service provider license inMalta.This article was written by Tareq Sikder at www.financemagnates.com.
