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OKX expands cryptocurrency providers to the Netherlands

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  • OKX has launched its Web3 pockets and cryptocurrency service within the Netherlands.
  • The trade will supply spot buying and selling, cryptocurrency conversion and different providers with assist for 150 cryptocurrencies.
  • OKX has regulatory approval from De Nederlandsche Financial institution (DNB), the central financial institution of the Netherlands.

Crypto trade OKX has formally launched its Web3 pockets and trade platform within the Netherlands.

The growth brings OKX's crypto providers, together with spot buying and selling, to the trade's prospects within the nation, in response to an announcement revealed on Monday, March 3.

OKX helps greater than 150 cryptocurrencies

In accordance with the CEX platform, Dutch prospects can now commerce (purchase and promote) and in addition switch greater than 150 cryptocurrencies. Clients may have entry to as much as 60 euro-crypto buying and selling pairs.

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OKX has built-in with iDeaL, an area fee platform, for deposits and withdrawals in EUR. Customers will even take pleasure in free immediate deposits via the favored on-line fee system.

The trade additionally introduced assist for deposits and withdrawals via the Single Euro Funds Space (SEPA).

Along with the spot buying and selling characteristic, OKX customers within the Netherlands can now faucet into the rising world of cryptocurrencies via the Web3 pockets. Clients may have “full custody of your personal cryptocurrencies.”

In the meantime, the digital asset platform plans to leverage its international technical and product experience to offer prospects with entry to extra buying and selling instruments.

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Following the laws

Having acquired key regulatory approvals in varied jurisdictions, OKX plans to make sure that its operations stay in compliance with native and regional legal guidelines and necessities.

“We're laborious at work constructing all over the world to carry a robust, custom-made product to our neighborhood. We’re additionally unwaveringly dedicated to compliance and safety and imagine that the way forward for cryptocurrency is regulated,” mentioned Erald Ghoos, CEO of OKX Europe.

Ghoos famous that the corporate at the moment provides its CEX providers in Europe in accordance with the registration of a crypto service supplier by De Nederlandsche Financial institution (DNB), the nation's central financial institution.

OKX can be licensed as a Crypto Asset Service Supplier in Malta.

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