OKX Becomes First Global Exchange with MiCA License, Offering Localized Crypto Products to 400 Million Europeans

OKX Secures MiCA License: A Groundbreaking Achievement in the Crypto Space

In a historic move for the cryptocurrency trading industry, OKX has announced that it is the first global exchange to secure a Markets in Crypto-Assets Regulation (MiCA) license. This milestone enables OKX to offer regulated, localized cryptocurrency services to over 400 million individuals in Europe, further solidifying its position as a leader in the blockchain technology sector.

OKX, headquartered in Malta, has reached this important regulatory benchmark, allowing its extensive range of crypto products to be available across the European Economic Area (EEA). Customers will gain access to a multitude of services that include over-the-counter (OTC) trading, spot trading, and innovative trading options such as bot and copy-trading. This offering includes support for more than 240 cryptocurrency tokens across over 260 trading pairs, making it one of the most comprehensive platforms in the market.

In accordance with the MiCA regulations, as part of its commitment to localization, the OKX platform will be available in various languages specific to each country within the EEA. Customers can expect to see their preferred currency reflected in their transactions while receiving dedicated customer support in their local languages. This localized approach not only enhances user experience but also empowers a more inclusive crypto trading environment.

"The complete MiCA license is a critical milestone for OKX as we aspire to be a responsible market leader and innovator in the global crypto ecosystem," stated Erald Ghoos, Managing Director of OKX Europe. He elaborated that Europe holds immense potential to become a cornerstone for digital asset excellence and blockchain technology. The MI CA framework lays a strong foundation for the further growth of the sector—an ambition that OKX is committed to supporting with safe and innovative solutions for digital assets.

Along with offering localized services, OKX allows customers to deposit and withdraw Euros via bank transfers at no cost and facilitates cryptocurrency purchases through trusted local payment methods. The platform is designed to redefine the crypto experience, catering to users of all skill levels by providing a range of products from a user-friendly simple exchange to an advanced trading interface.

OKX is recognized as the world's second-largest exchange by trading volume, showcasing unparalleled reliability with cutting-edge technology, characterized by an impressive uptime of 99.99%. This comes with transparency proof for reserves and access to over 240 highly liquid tokens and trading pairs.

The MiCA license is a significant step toward expanding OKX's reach across Europe while ensuring that users have secure access to top-notch crypto services and innovations. With this new license, OKX has achieved the status of being one of the most licensed and regulated platforms globally, effectively accomplishing its strategic goal.

As part of its mission, OKX continues to enhance the landscape of cryptocurrency trading by developing robust products. These include an advanced wallet utilized by millions for access to decentralized applications, signaling a shift towards a more connected future. The company is determined to create a more efficient, transparent, and interconnected world through blockchain technology.

For further details, visit the official website at okx.com.

About OKX

OKX is a technology company committed to organizing the world’s blockchains and making them more accessible and useful. Established as a cryptocurrency exchange, OKX now stands as one of the largest platforms globally, serving over 60 million customers across the spectrum of cryptocurrency services, both centralized (CEX) and decentralized (DEX). The company’s evolution reflects its dedication to revolutionizing the trading experience and making significant contributions to the digital asset market.