Chinese-founded crypto exchange OKX expands into US market

0
12K

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

Sponsor
Zoeken
Sponsor
Categorieën
Read More
Food
Thailand’s MUU secures strategic investment from A2D Ventures, Leave a Nest Japan and a Japanese food conglomerate
MUU, Thailand’s first animal-free dairy biotech startup, has secured strategic investment...
By Ifvex 2025-05-20 11:40:45 0 12K
Other
Maritime cybersecurity in 2025: Navigating digital threats in interconnected seas
In 2025, the maritime sector faces escalating cyber threats that can lead to massive financial...
By Ifvex 2025-10-07 13:53:08 0 747
Spellen
Malaysia’s Hoopi closes seed funding round spearheaded by Creative Gorilla Capital
Hoopi Holdings Pte Ltd, a collectibles and trading cards platform based in Malaysia with...
By Ifvex 2025-04-09 06:36:14 0 11K
Spellen
Amid stiff competition, game developers tap into new user acquisition models, empowering players to earn rewards from their favorite games
For years, mobile gamers have poured hours into their favorite titles—grinding, ranking up,...
By Ifvex 2025-04-26 05:26:41 0 11K
Networking
Malaysia’s U Mobile appoints CT Sabah as fiber leasing partner for 5G network rollout in Sabah, WP Labuan
U Mobile, Malaysia’s next generation 5G network provider, has signed a term sheet agreement...
By Ifvex 2025-04-28 07:46:26 0 8K
Ifvex https://ifvex.com