OKX expands crypto exchange services to the Netherlands

• OKX has launched its Web3 wallet and crypto exchange service in the Netherlands.
• The exchange will offer spot trading, crypto convert and other services, with support for 150 cryptocurrencies.
• OKX holds regulatory approval from De Nederlandsche Bank (DNB), the central bank of the Netherlands.

Crypto exchange OKX has officially launched its Web3 wallet and exchange platform in the Netherlands.

The expansion brings OKX’s crypto services, including spot trading, to the exchange’s customers in the country, according to an announcement published on Monday, June 3.

OKX to support over 150 cryptocurrencies

According to the CEX platform, Dutch customers can now spot trade (buy and sell) as well as convert over 150 cryptocurrencies. Customers will have access to up to 60 euro-crypto trading pairs.

OKX has integrated with iDeaL, a local payment platform, for deposits and withdrawals in EUR. Users will also enjoy free, instant deposits via the popular online payments system.

The exchange has also announced support for deposits and withdrawals via the Single Euro Payments Area (SEPA).

As well as the spot trading feature, OKX users in the Netherlands can now tap into the growing world of crypto via the Web3 wallet. Customers will have “full custody of their own crypto.”

Meanwhile, the digital asset platform plans to leverage its global technical and product knowledge expertise to provide customers access to more trading tools.

Regulatory compliance

OKX, which has secured key regulatory approvals across various jurisdictions, plans to ensure its operations remain compliant to local and regional laws and requirements.

“We’re hard at work building around the world to bring our community a powerful, customized product. We’re also steadfastly dedicated to compliance and security and believe the future of crypto is regulated,” Erald Ghoos, the general manager of OKX Europe, said.

Ghoos noted that the company currently offers its CEX services in Europe in accordance with the crypto service provider registration by De Nederlandsche Bank (DNB), the country’s central bank.

OKX also holds a crypto asset service provider license in Malta.

The post OKX expands crypto exchange services to the Netherlands appeared first on CoinJournal.

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