OKX officially launches in the Netherlands

Rick Steves

“We’ve hired an expert local team led by our Benelux Regional Manager Roy van Krimpen and taken the local feedback very seriously as we’ve designed our product here. 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.”

OKX has announced the official launch of its centralized crypto exchange and its OKX Wallet in the Netherlands, offering spot trading, earn services, and conversion for over 150 cryptocurrencies including more than 60 crypto-Euro pairs, as well as Euro deposits and withdrawals.

Dutch customers can use iDEAL, the country’s most popular payment system, for instant Euro fiat deposits free of charge, and leverage the OKX Wallet for Web3 features and full custody of their own crypto.

To celebrate the launch, OKX has introduced an up to €50 new user bonus for all new customers signing up from today through 3 July.

“This is just the beginning of our journey”

Erald Ghoos, General Manager at OKX Europe, said: “The launch of our centralized exchange and OKX Wallet in the Netherlands is a significant milestone in our long-term commitment to the country. We’ve hired an expert local team led by our Benelux Regional Manager Roy van Krimpen and taken the local feedback very seriously as we’ve designed our product here. 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.”

The official launch of the OKX centralized exchange and Web3 wallet services follows the rebranding of Okcoin Europe Ltd. to OKX, as well as the appointment of Erald Ghoos as OKX European General Manager in March.

OKX has been active in the European cryptocurrency market under its previous name. The exchange is authorized as a crypto service provider by De Nederlandsche Bank (DNB) and licensed as a virtual financial asset service provider in Malta since 2021.

The company previously launched its platform in the Netherlands in beta mode. During this beta phase, OKX said it was focusing on customer feedback to enhance its services in preparation for its full launch in the Dutch market.

Earlier in March, OKX discontinued support for tether (USDT) trading pairs in the European Economic Area (EEA). An OKX spokesperson explained that the delisting aims to facilitate the introduction of euro on-ramps for EEA-based customers.

These changes are part of the bloc’s wider efforts to transition smoothly to MICA-based regulations. Countries in the European Union are gearing up to implement the recently finalized rules, which will govern digital assets and firms operating within the single market.

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