OKX LAUNCHES CRYPTO EXCHANGE AND WALLET IN THE NETHERLANDS 

OKX, previously known as Okcoin Europe, has officially launched its services in the Netherlands, introducing a local trading platform and a Web3 wallet.

Official Launch Details

On June 3, OKX announced the official launch of its centralized crypto exchange (CEX) and the OKX Wallet in the Netherlands. The CEX allows Dutch users to trade around 150 cryptocurrencies, offering over 60 trading pairs with the euro.

Integration with Local Payment Systems

OKX has integrated with the local payment system iDeal, enabling seamless euro deposits and withdrawals. Additionally, deposits and withdrawals can be made through the European payment system known as Single Euro Payments Area (SEPA), providing convenience for Dutch customers.

Services Offered

Residents of the Netherlands can now access spot cryptocurrency trading, staking, and other services through the OKX CEX. The OKX Wallet also allows users to maintain full custody of their own crypto assets, as highlighted in the announcement.

Commitment to the Netherlands

Erald Ghoos, General Manager of OKX Europe, stated, “The launch of our centralized exchange and OKX Wallet in the Netherlands is a significant milestone in our long-term commitment to the country.” He noted that OKX has hired an expert local team and designed products based on user feedback.

Rebranding and History

The launch follows OKX’s rebranding from Okcoin Europe in April. OKX began serving Dutch users in 2021 after registering with the central bank of the Netherlands, De Nederlandsche Bank. OKX also holds a virtual financial asset service provider license in Malta.

How to Join

Dutch residents can sign up for OKX by visiting the website, downloading the OKX app from the Apple App Store or Google Play, and completing the verification process. To celebrate the launch, OKX is offering a bonus of up to 50 euros ($54) for new users who sign up by July 3.

Expansion and Withdrawal

While expanding in Europe, OKX has recently withdrawn from certain jurisdictions. On May 24, OKX announced the withdrawal of its Hong Kong Virtual Asset Licensing Regime license application, alongside exchanges like Huobi and Gate.io.

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