OKX is launching the new exchange for Belgian users with up to 200 cryptocurrencies with plans to increase the number in the future.
By Chimamanda U. Martha
Edited by Julia Sakovich
Updated
3 mins read
On Thursday, November 28, OKX, one of the leading cryptocurrency exchanges in the industry, officially launched its services in Belgium, marking another significant step in its European growth strategy. The move aims to foster digital asset adoption in the country.
According to an official press release, the expansion offers crypto traders in Belgium access to the company’s suite of business offerings including trading, wallet features, and seamless Euro transactions tailored to meet local needs.
The new OKX platform for Belgium introduces spot trading and conversion services for over 200 cryptocurrencies, including more than 60 crypto-euro trading pairs. The company said that additional cryptocurrencies will be made available to Belgian users over time, ensuring they have access to a diverse and growing range of tokens.
OKX has also partnered with Bancontact, the nation’s top online payment system to offer fee-free Euro deposits and withdrawals to customers. Additionally, users can fund their accounts through SEPA transfers for free.
The exchange has also made onboarding simple by teaming up with Itsme, Belgium’s widely used digital identity tool. According to the release, the collaboration aims to ensure new users can quickly and securely create accounts while accessing the platform’s competitive features with ease.
Erald Ghoos, OKX Europe’s General Manager said the launch of the exchange services in Belgium is part of the company’s efforts to support the growing interests of digital assets in the European nation.
“We’ve built an easy-to-use and affordable platform designed specifically for Belgian residents. From low trading fees to effortless Euro transactions, we aim to support the growing interest in cryptocurrency across the region,” he said
Alongside its exchange, OKX is also introducing its Web3-focused wallet in Belgium. The self-custodial wallet gives users full control of their crypto assets, enabling them to interact with decentralized applications and explore blockchain opportunities securely.
To celebrate its entry into Belgium, OKX is offering new customers a bonus of €20 in Bitcoin BTC $104 713 24h volatility: 0.5% Market cap: $2.08 T Vol. 24h: $41.55 B . To qualify, users must register and purchase at least €10 worth of crypto within 14 days of joining.
According to the company, this offer, valid until February 28, 2024, is limited to the first 50,000 users, encouraging early adoption.
Meanwhile, OKX’s latest move in Belgium follows the company’s recent expansions in the Netherlands. The company announced in June that it has listed up to 150 cryptocurrencies for users in the country.
OKX had previously revealed its plans to establish a crypto trading hub regulated under EU laws in Malta. The company already operates in the country after obtaining a Class 4 Virtual Financial Assets (VFA) Service Provider license in 2021.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
