OKX Launches Crypto Exchange and Wallet in the Netherlands
The prominent international cryptocurrency trading platform, OKX, has officially launched operations in the Netherlands, unveiling a local trading platform and a Web3 wallet. The announcement was made by OKX on June 3, marking the debut of their centralized crypto exchange (CEX) and the OKX Wallet for Dutch residents. The new platform allows customers in the Netherlands to trade around 150 different cryptocurrencies and offers at least 60 trading pairs with the euro. To facilitate smooth euro transactions, OKX has integrated with the local financial system known as iDeal, ensuring hassle-free euro deposits and withdrawals for Dutch users.
With the addition of support for both iDeal and SEPA (Single Euro Payments Area), OKX provides Dutch customers with multiple simple and cost-effective euro deposit options. Users can deposit euros into their accounts without any fees, enhancing the user experience by offering convenient and flexible financial operations. This integration is expected to significantly improve the accessibility and usability of OKX’s services in the Netherlands.
Besides the centralized exchange, OKX’s product lineup in the Netherlands includes spot trading, staking, and the Web3 wallet, which allows users to maintain complete control over their cryptocurrency holdings. The Web3 wallet feature signifies a shift towards increased user autonomy, providing a secure and private way for users to manage their digital assets. Spot trading and staking add further value by offering diverse investment opportunities and potential rewards for the Dutch crypto community.
Erald Ghoos, OKX’s Europe general manager, emphasized the launch as a critical step in OKX’s long-term strategy for the Dutch market. He highlighted the company’s commitment to the country, underlined by the formation of a specialist local team and the development of tailored products responsive to user feedback. According to Ghoos, this launch underscores OKX’s dedication to enhancing the user experience in the Netherlands.
The recent launch follows OKX’s recent rebranding from Okcoin Europe to its current name in April this year. Since commencing operations as Okcoin Europe in the Netherlands back in 2021, OKX has been registered with De Nederlandsche Bank, the Dutch central bank, as a crypto services provider. This registration marks a significant milestone in OKX’s regulatory compliance and operational history, reflecting its sustained efforts to align with local financial regulations.
In addition to its operations in the Netherlands, OKX also holds a virtual financial asset service provider license in Malta. This indicates the company’s strategic measures to expand its regulatory footprint and assure customers of its compliance with international financial standards. Such initiatives are crucial for building trust and credibility in the increasingly competitive cryptocurrency market.
Dutch residents interested in joining OKX can easily sign up by visiting the official OKX website or downloading the OKX app from major app stores, such as the App Store or Google Play. New users are required to complete a verification process to finalize their registration. In celebration of the launch, OKX has announced a promotional bonus of up to 50 euros ($54) for all new customers who register by July 3.
As OKX broadens its presence in Europe, it has strategically withdrawn from some other regions. For instance, on May 24, OKX, along with other exchanges like Huobi and Gate.io, officially announced the withdrawal of their applications for the Hong Kong Virtual Asset Licensing Regime. This move highlights OKX’s focus on consolidating its operations and strengthening its market position in regions where it sees high potential and strategic value.
36 thoughts on “OKX Launches Crypto Exchange and Wallet in the Netherlands”
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Why can’t we have more regulation instead of more platforms? OKX entering the fray doesn’t help. 🚫
OKX’s dedication to the Dutch market is impressive. Local team, user feedback, and tailored products—perfect combination! 🇳🇱💡 ” 👏🏼
This is a risky move for Dutch investors. Not convinced about OKX’s reliability.
150 cryptocurrencies and 60 trading pairs with the euro! Dutch users are going to love this. Way to go, OKX!
This feels like overkill. There are better options than OKX out there already. 🥱
Fantastic bonus for new users! OKX is making waves in the Dutch crypto scene.
The new Web3 wallet is a fantastic addition! More privacy and control over crypto assets is always a win.
The no-fee euro deposits are a game changer! Thank you, OKX, for thinking about the users.
Seriously, another trading platform? This is getting overcrowded.
The launch of OKX in the Netherlands is a milestone for the crypto community here. Here’s to more growth and opportunities!
A new era for Dutch crypto trading! OKX’s local platform and services seem very promising.
Just what we need, another crypto exchange rolling out. Can’t we focus on better regulation first?
Great to see OKX committed to the Dutch market with a specialized local team. This is how you build trust and loyalty. 💼🇳🇱 ” 👏🏼
I dont need another cryptocurrency platform to worry about. OKX, no thanks!
Kudos to OKX for setting up a local team and tailored products for the Dutch market. Shows they really care about user feedback!
I can’t believe OKX is expanding to the Netherlands. Too many crypto platforms already! 😒💸
So excited about the 50-euro bonus for new users! Time to dive into OKX.
Being able to use iDeal for crypto transactions is a dream come true. Thanks, OKX!
Can’t believe people would trust their money with yet another platform like OKX. Seems sketchy.
Complete control over my crypto holdings with the Web3 wallet? Let’s go, OKX! 🔥🔒 ” 🔥
OKX just made euro deposits so much easier! The no-fee policy is a huge plus.
Not sure how this benefits the Dutch crypto community. Feels more like a cash grab by OKX.
Finally, a crypto exchange that offers iDeal and SEPA integration! Thank you, OKX, for making it so convenient for us. 🥳💶
I love that OKX is focusing on regions with high potential like the Netherlands. Smart and strategic!
With seamless euro transactions, OKX is making crypto accessible for everyone in the Netherlands. Hats off!
OKX has surely raised the bar with its zero-fee euro deposits! Cant wait to start trading.
Increased user autonomy with the Web3 wallet, love it! This is the future of managing digital assets. 🌐🔒
Whoa, 150 cryptocurrencies to trade with euro support? Dutch crypto traders, we are in for a ride with OKX! 🦄🎢 ” 🚀
Too many hoops to jump through just to start trading on OKX. Not worth it.
OKX’s compliance with Dutch regulations gives me peace of mind. Knowing theyre registered with De Nederlandsche Bank is a big plus.
OKX launching operations in the Netherlands is big news! Spot trading, staking, & a Web3 wallet all look promising.
Sounds like a desperate attempt for OKX to gain market share. Not impressed.
Staking opportunities and diverse trading pairs? OKX is providing a full package here in the Netherlands. Nice move!
The integration with iDeal is a game-changer for Dutch crypto traders! Smooth transactions guaranteed.
OKX’s Web3 wallet is exactly what we needed! A perfect blend of security and autonomy. 🌐🔐
So many platforms launching recently. Hard to trust any of them. OKX isn’t special.