As an experienced analyst, I believe that OKX’s expansion into the Dutch market is a strategic move with significant potential for growth. The Netherlands has a vibrant and growing cryptocurrency community, and OKX’s comprehensive offering of over 150 cryptocurrencies and 60 crypto-euro trading pairs will undoubtedly appeal to a wide audience.
In the Netherlands, OKX, a prominent centralized cryptocurrency exchange by trading volume, unveiled its new platform and web3 wallet on June 3. Supporting over 150 cryptocurrencies and 60 pairs of crypto-euro transactions, OKX, formerly known as Okcoin Europe Ltd., underwent a major transformation in identity and offerings since its rebranding on April 10.
Dutch users can now utilize the OKX exchange for swift cryptocurrency trading and conversions across a broad selection. Furthermore, the recent introduction of the OKX Wallet grants users control over their digital assets in the decentralized Web3 environment.
Erald OnChain announces the introduction of our crypto exchange offerings and Web3 Wallet in the Netherlands. Here’s what you can expect:
— OKX (@okx) June 3, 2024
As a researcher examining this platform, I’d highlight its advantageous integration with iDEAL, the widely-used online payment method in the Netherlands. This feature allows for instant, cost-free Euro deposits. Additionally, users can benefit from complimentary SEPA deposits and withdrawals.
At OKX, we’re dedicated to growing our local team, headed by Roy van Krimpen as Benelux Regional Manager, to maintain strong ties with our community and promote long-term development. By harnessing our extensive international product know-how and technical proficiency, we aim to offer sophisticated and user-friendly trading instruments specifically designed for the Dutch market.
In the Dutch market, OKX prioritizes a strong, tailored offering along with unwavering dedication to adherence and safety. The platform boasts a crypto service provider registration from De Nederlandsche Bank (DNB) and a virtual financial asset service provider license in Malta.
To boost transparency, OKX was among the pioneers in the sector to unveil regular Proof of Reserves reports towards the end of 2022. By providing a complete record of customer funds’ backing, the exchange has set a new standard for the industry with its uninterrupted 19-month series of updates.
As a researcher examining the developments within the cryptocurrency industry, I found it intriguing that OKX discontinued their application process for a Virtual Asset Service Provider (VASP) license in Hong Kong by May 24, and subsequently ceased operations there by May 31.
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2024-06-03 15:02