Nikolas Sargeant
On June 3, OKX announced the launch of its centralized crypto exchange (CEX) and OKX Wallet in the Netherlands. The CEX allows Dutch customers to trade around 150 cryptocurrencies, with at least 60 trading pairs available in euros.
OKX has integrated with the local payment system, iDeal, for seamless euro deposits and withdrawals.
This integration enables Dutch customers to deposit euros into their OKX accounts free of charge. Additionally, OKX supports deposits and withdrawals through the Single Euro Payments Area (SEPA) system.
OKX Offers Spot Trading, Staking, Web3 Wallet, and More
With the OKX CEX, Dutch residents can access spot cryptocurrency trading, staking, and other services. The OKX Wallet also allows users to maintain full custody of their crypto assets.
“The launch of our centralized exchange and OKX Wallet in the Netherlands is a significant milestone in our long-term commitment to the country,” said OKX Europe general manager Erald Ghoos. He noted that OKX has hired an expert local team and designed products tailored to user feedback.
This official launch follows the exchange’s rebranding from Okcoin Europe to OKX in April.
OKX Began as Okcoin Europe in the Netherlands in 2021
According to Ghoos, Okcoin Europe started serving Dutch users in 2021, registered as a crypto services provider with the Dutch central bank, De Nederlandsche Bank. OKX also holds a virtual financial asset service provider license in Malta.
Dutch residents can sign up for OKX by visiting the OKX website, downloading the OKX app from the Apple App Store or Google Play, and completing the verification process.
To celebrate the launch, OKX offers a new user bonus of up to 50 euros ($54) for those who sign up by July 3.
While expanding in Europe, OKX has recently withdrawn from certain jurisdictions. On May 24, OKX announced the withdrawal of its Hong Kong Virtual Asset Licensing Regime license application, along with Huobi and Gate.io.
