Key Insights
- OKX launches services in the Netherlands, offering spot trading, conversion, and wallet services for over 150 digital assets.
- The exchange integrates with iDEAL for instant and free Euro deposits and withdrawals, and offers SEPA transactions at no cost.
- OKX plans to expand its local team in the Netherlands
AMSTERDAM (MarketsXplora) – Global cryptocurrency exchange OKX has launched its services in the Netherlands, providing Dutch customers with access to spot trading and conversion services for more than 150 digital assets, including over 60 crypto-Euro pairs.
The expansion also includes the availability of the OKX Wallet, which offers users a gateway to the Web3 world and allows them to have full custody of their crypto assets.
Today, we're officially launching our crypto exchange and #OKX Wallet in the Netherlands
Dutch customers can access spot (buy & sell) trading, as well as convert services, for over 150 cryptocurrencies including more than 60 crypto-Euro pairs through our OKX exchange platform.… https://t.co/NTcArR5AM0
— Lennix Lai (@LennixOKX) June 3, 2024
To facilitate seamless transactions, OKX has integrated with iDEAL, the Netherlands’ online payment system, enabling customers to withdraw and deposit Euro funds to their OKX accounts instantly and free of charge. Additionally, deposits and withdrawals through the Single Euro Payments Area (SEPA) are available at no cost.
The Netherlands, known for its early adoption of technology and vibrant crypto community, is an attractive market for OKX due to its knowledge-based economy, technological innovation, and investment landscape. The country’s reputation for world-class design thinking also aligns with OKX’s values.
“We are excited to bring our services to the Dutch market, which is home to a thriving community of crypto enthusiasts, ranging from newcomers to experienced traders and long-term investors,” said Roy van Krimpen, Benelux Regional Manager at OKX.
To support its expansion, OKX plans to grow its local team, focusing on hiring top talent to ensure sustainable growth and close engagement with the Dutch community.
The launch in the Netherlands follows OKX’s recent expansion into Australia, where it introduced its spot and derivatives trading platform, allowing domestic users to buy and sell digital assets while restricting derivatives trading to verified wholesale investors.
OKX has been rapidly expanding its global presence, securing operating licenses in Dubai and an in-principle approval in Singapore earlier this year. The company also holds a crypto service provider registration with De Nederlandsche Bank for its centralized exchange platform services in Europe and a virtual financial asset service provider license in Malta.