OKX Secures MiCA License, Expands Crypto Services Across 28 EEA Nations
OKX has obtained a MiCA (Markets in Crypto-Assets) license, allowing it to extend its cryptocurrency services across 28 European Economic Area (EEA) countries. This milestone positions OKX among the first global exchanges to operate under the MiCA regulatory framework, which provides a unified crypto regulation across Europe.
With its regulatory base in Malta, OKX can now serve over 400 million Europeans, offering seamless access to its crypto platform in Austria, Belgium, France, Germany, Spain, and 23 other EEA nations. This approval removes the need for multiple national licenses, streamlining operations and compliance across the region.
Expanded Trading Opportunities for European Users
OKX users in the EEA can engage in various trading options, including:
- Over-the-counter (OTC) trading
- Spot trading
- Automated bot trading
The platform supports over 240 cryptocurrency tokens and 300 trading pairs, including 60 Euro-based pairs, improving liquidity and market accessibility for European traders.
Enhanced User Experience and Localized Services
To improve user experience, OKX has introduced multi-language support, enabling European users to navigate the platform in their native languages across both the mobile app and web interface. Regional customer support has also been implemented to enhance service quality.
Additionally, European traders can deposit and withdraw Euros for free via bank transfers, with the platform integrating widely-used payment options, including card purchases. These enhancements cater to both beginner and experienced traders, ensuring a seamless trading experience.
OKX’s Commitment to Security and Accessibility
Erald Ghoos, CEO of OKX Europe, reaffirmed the company’s focus on security, transparency, and accessibility. He emphasized that OKX is dedicated to making cryptocurrency trading more user-friendly through localized language support, regional payment methods, and customized services for European users.
With its MiCA license approval, OKX is set to strengthen its position as a leading global exchange, providing a regulated and secure trading environment for millions of users across the EEA.
