- OKX has introduced the launch of its spot and derivatives cryptocurrency buying and selling platform in Australia.
- The platform offers entry to 170 crypto spot pairs and 85 tokens together with BTC, ETH, SOL, and USDT.
- This makes OXK Australia's largest crypto change providing direct deposits and withdrawals in Australian {dollars}.
OKX, the second largest crypto change by buying and selling quantity, has introduced the launch of its spot and derivatives crypto buying and selling platform in Australia. In its efforts to increase its providers to Australia, OKX has reportedly change into the most important cryptocurrency change providing direct deposits and withdrawals of Australian {dollars} nationwide.
OKX Australia Normal Supervisor Jamie Kennedy expressed his enthusiasm for this new initiative. Kennedy acknowledged the necessity for a “safe, easy-to-use and responsive” crypto change for Australian customers, which was a key think about OKX launching its platform within the nation. he added,
“It’s my job to supply the very best product, whereas additionally investing in compliance and safety to present our customers peace of thoughts. We are able to guarantee OKX contributes to the Australian cryptocurrency trade for a few years to come back.” We’re proud to have assembled such an excellent native group.”
In Might 2023, OKX opened an workplace in Sydney, setting the stage for its entry into Australia. In an official put up on the time, chief advertising officer Haider Rafique hinted at OKX's imaginative and prescient to “change into the world's main crypto platform.” His phrases confirmed that Australia was “an integral a part of this technique and a key development market” and hinted on the firm's potential for growth into the area.
The platform permits Australian prospects to deposit and withdraw Australian {dollars} by means of Australian banks. Moreover, OKX Australia facilitates the acquisition of cryptocurrencies with fiat forex by means of third-party platforms reminiscent of Simplex, MoonPay, and Banxa. The platform supplied entry to 170 crypto spot pairs and 85 tokens, together with Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT).
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