Title: OKX Launches Crypto Exchange and Wallet in the Netherlands Amid Growing Interest
Amsterdam, Netherlands – OKX, previously known as OKcoin Europe, has expanded its cryptocurrency exchange services to the Netherlands, targeting a market that has shown increasing interest in digital assets. The prominent crypto exchange announced the launch of its trading platform to Dutch residents on 3 June, enabling users to trade, buy, and sell a variety of digital currencies.
The platform offers over 100 digital assets, including stablecoins, popular coins such as Bitcoin and Ethereum, and several meme coins. OKX plans to add more cryptocurrencies to its offerings in the coming years, including emerging projects for 2024.
In addition to the trading platform, OKX has introduced its Web3 digital wallet, OKX Wallet, which allows users to securely store their assets and access the decentralized finance economy. The wallet supports the trading and storage of non-fungible tokens (NFTs), cross-blockchain asset transfers, and boasts strong security features to protect against cybercrime.
Erald Ghoos, European manager of OKX, said, The launch of our centralized exchange and OKX Wallet in the Netherlands is a significant milestone in our long-term commitment to the country.
To ensure compliance with Dutch regulations, OKX received approval from De Nederlandsche Bank and holds a Virtual Assets Service Provider (VASP) license in Malta, allowing it to operate across Europe.
The Netherlands has emerged as a hub for innovative technology, making it an attractive destination for the crypto industry. OKX appointed a team of experts, led by Roy van Krimpen, Regional Manager for the Benelux region, to assess the market and meet local demand.
OKX is not the first crypto exchange to enter the Dutch market, following in the footsteps of Bybit, which expanded to the Netherlands earlier this year. However, the path to expansion has been challenging for some companies, such as Binance, which faced obstacles in obtaining a VASP license due to concerns over money laundering.
OKX aims to integrate with iDEAL, a popular Dutch payment method, allowing customers to deposit and withdraw funds instantly and for free. Transactions through the Single Euro Payments Area will also be cost-free.
The company plans to expand its local team under Roy van Krimpen’s guidance, with the goal of engaging with the community to hire top talent that will drive the company’s growth. To attract new users, OKX is offering a welcome bonus: a 20 euro credit for those who deposit 100 euros.
As the crypto landscape continues to evolve, OKX’s entry into the Netherlands positions it to tap into a growing market and cater to the needs of Dutch crypto enthusiasts.
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