Chinese-founded crypto exchange OKX expands into US market

0
11K

Chinese-founded crypto exchange OKX has expanded into United States market.

In a statement on on Wednesday, the firm announced the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of its regional headquarters in San Jose, California.

Following the launch, American customers now have access to the high-performance platform, and the firm will be rolling out new features throughout the year as part of its vision to build a crypto super app.

As part of this expansion, existing OKCoin customers will be seamlessly migrated to the OKX platform.

This migration brings customers a significantly enhanced experience — with access to deeper liquidity, lower fees, and advanced trading tools.

The firm is beginning with a phased rollout for new customers to ensure a smooth and secure onboarding process, with a broader nationwide launch planned later this year.

American customers can buy, sell, and convert top cryptocurrencies like Bitcoin, Ethereum, USDT, and USDC, while also connecting traditional finance with crypto through seamless local bank account integrations.

“Our entry into America is more than a market expansion — it’s a commitment to responsible growth,

“As regulations evolve, OKX is working closely with US regulators and policymakers to ensure we operate transparently and compliantly,” OKX US Chief Executive Officer Roshan Robert said.

“We’ve built a comprehensive, risk-based global compliance program that includes enhanced due diligence, a robust KYC process, customer risk rating systems, advanced fraud detection, AML tools, geo-blocking, and market surveillance technologies,

“These are all part of our commitment to a secure, compliant trading environment,” he added.

OKX also highlighted that trust and security are the foundation of the firm.

It noted that the firm maintained a global proof of reserves for all assets on its platform and publish monthly, independently verified reports through blockchain security firm Hacken.

This ensures its customers can always verify their funds and trust in our systems.

The firm is also focused on verifying on-chain activities, supporting third-party compliance, and raising the bar for transparency across the industry.

In addition to its centralized exchange, the OKX Wallet is available for American customers—a powerful Web3 gateway that supports over 130 blockchains.

It offers five trading modes to fit customers experience levels and includes a DEX aggregator for access to 10M+ tokens across Ethereum, Solana, Base, and beyond.

The firm’s artificial intelligence (AI)-powered Web3 navigation helps customers identify trending tokens, simplify research, and make smarter trading decisions.

With built-in support for advanced swapping, bridging, and dApp access across DeFi, non fungible tokens (NFTs), gaming, and social applications, the Wallet provides true ownership and freedom in the decentralized ecosystem.

 

#OKXUS #CryptoExchange #Web3Wallet #BlockchainExpansion #CryptoCompliance

Sponsorluk
Site içinde arama yapın
Sponsorluk
Kategoriler
Read More
Networking
Hong Kong’s RedotPay secures $40M in Series A funding round led by Lightspeed
RedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a...
By Ifvex 2025-03-20 07:51:56 0 10K
Art
Malaysia Digital Economy Corporation launches metaverse platform
The Malaysia Digital Economy Corporation (MDEC) has on Thursday announced the public launch of...
By Ifvex 2025-01-10 14:18:13 0 12K
Other
TikTok’s ticking clock: The app’s fate in the US hangs in the balance
The countdown to January 10 begins, as the Supreme Court prepares to rule on whether ByteDance...
By Ifvex 2025-01-08 13:39:49 0 12K
Health
The human code: How physical AI is rewriting the future of care
By the time you finish reading this article, somewhere in the world, a robot will have helped a...
By Ifvex 2025-04-26 05:38:04 0 12K
Causes
Singapore’s Trident deepens partnership with Democratic Republic of Congo for digital identity system
Trident Digital Tech Holdings Ltd, a Singapore-based digital transformation, technology...
By Ifvex 2025-04-08 06:42:00 0 8K
Ifvex https://smartcontent.me