Leading cryptocurrency exchange OKX has expanded into Europe with the launch of its exchange platform and non-custodial wallet services in Belgium. All customers in Belgium can now access OKX’s cryptocurrency trading services, including spot and futures trading.
The company announced the news on November 26, announcing that customers in Belgium can now use OKX Exchange and OKX Wallet with a euro deposit option. The new platform allows Belgian users to trade over 200 cryptocurrencies, including 60 cryptoassets paired with the euro.
OKX has partnered with Bancontact, Belgium's most famous online payment organization. This integration will allow OKX users in the country to instantly deposit funds into their accounts.
Additionally, OKX also enables deposits and withdrawals via the Single Euro Payments Area (SEPA), one of the most popular digital payment systems in Belgium.
“The company has not received direct regulatory approval from the Belgian authorities, but rather operates under a 'non-vetoed' status for its activities in Belgium,” OKX's European general manager Erard Goos said in a statement. Ta.
According to the report, 25% of Belgium's population is currently exposed to cryptocurrencies, and that number is expected to reach 28% by 2028. This forecast suggests the growing importance of digital assets among Belgian investors.
In June 2024, OKX launched an exchange in the Netherlands, and in July 2024, the team declared its motivation to establish an EU administrative focus in Malta. The exchange currently holds a Class 4 Virtual Financial Asset (VFA) Service Provider License in Malta from 2021.
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