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The Bitcoin Exchange OKX Announced That It Has Started Operations in Two More European Countries! Here Are the Details
The crypto exchange OKX has reached an important milestone in its expansion strategy in Europe. The company announced that it has officially launched its fully regulated, licensed centralized exchanges in Germany and Poland.
OKX Officially Started Operations in Germany and Poland
With this development, users in Germany and Poland will have access to more than 270 cryptocurrencies, more than 60 crypto-Euro trading pairs, low trading fees, staking services, automated trading bots, and fast Euro deposit/withdrawal infrastructure.
OKX defines Germany and Poland not only geographically but also as strategic growth markets. The platforms offered in both countries have been developed in full compliance with local regulations, providing a fully localized user experience, including website, mobile application, and customer support.
The company appointed Moritz Putzhammer as the general manager for the Central Europe and Scandinavia region, and Gabriel Manduca for Eastern Europe. Both individuals have extensive experience in both centralized finance (CeFi) and decentralized finance (DeFi) and will play an active role in expanding OKX's operations in Europe.
Celebrating the launch with opening events in Berlin and Warsaw, OKX also premiered its short film "Mild Mild West", which reinterprets the "wild west" image of the crypto world. OKX describes this step not only as a commercial but also as an indication of its vision of transparency, regulation, and trust in the industry.
In addition to being one of the first global crypto exchanges in Europe to hold a MiCA license, OKX continues to lead the way in industry transparency with its Proof-of-Reserves (Proof of Reserves) reports for 31 consecutive months.
What's Next?
The company sees its openings in Germany and Poland as just a starting point. Continuing its plans to expand into more countries across Europe, OKX is moving forward with the goal of "building the world's most trusted and user-centric crypto platform."
OKX's growth steps compliant with regulations in Europe indicate a rise in maturity and trust in the industry, promising more options and quality service for users in the region.
*It is not investment advice.
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