OKX announces the launch of its exchange and wallet in the Netherlands

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OKX, one of the leading global crypto exchanges, recently announced its official expansion to the Netherlands. According to the platform, both its exchange service and its wallet OKX Wallet will now be available to the local crypto community.

OKX Enters The Netherlands

Crypto users from the Netherlands can access the exchange and use a number of its services, including spot trading, conversion for more than 150 cryptocurrencies, and Earn services. The platform offers over 60 crypto pairs against the EUR, allowing the locals to deposit or withdraw EUR.

Furthermore, the platform noted that Dutch customers will also have access to iDEAL, the most popular payment system in the country, which will allow them to deposit EUR with no extra fees instantly.

Apart from that, they can also use the OKX Wallet for Web3 features and maintain full custody of their cryptocurrencies. The exchange also offers a 50 EUR bonus to all new users from the Netherlands who sign up between June 3 and July 3, as a way of celebrating its expansion into the country.

Regarding the expansion, OKX Europe’s General Manager, Erald Ghoos, stated that the exchange’s launch and its wallet in the Netherlands is a major milestone in the platform’s long-term commitment to the country.

He noted that the exchange had hired an expert local team led by Roy van Krimpen, OKX’x Benelux Regional Manager. Other than that, the platform also took the local feedback seriously when it was designing its products for the nation.

“The result is a suite of crypto products and services that cater to the needs of the Dutch community, focusing on convenience, low trading fees, and seamless Euro deposits and withdrawals. This is just the beginning of our journey, and we’re looking forward to building trust and becoming a mainstay here,”  he said.

OKX Created A Unique Experience By Listening To User Feedback

The official launch in the Netherlands came after Okcoin Europe Ltd. officially rebranded to OKX. Also, the exchange appointed Ghoos as the OKX European General Manager only a few months ago, in March 2024.

OKX was quite active in Europe’s crypto markets before the rebranding, and it even received authorization to operate as a crypto service provider by De Nederlandsche Bank (DNB). Other than that, the exchange also got a license to operate as a virtual financial asset service provider by the authorities of Malta back in 2021.

OKX has had a presence in the Netherlands for a while now, actually, but its previous launch in the country was while its platform was in beta phase. During this time, the exchange was collecting customer feedback and modifying its exchange accordingly. In March of this year, OKX also removed USDT pairs for the EEA, stating that the move was intended to facilitate the introduction of euro on-ramps for the customers in this region.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.