OKX officially launched its crypto trading platform and Web3 wallet in the Netherlands, allowing users to buy and sell over 150 cryptocurrencies, including many paired with Euros. Users can also deposit and withdraw Euros using iDEAL or SEPA transfers, and access spot trading, convert, and earn services. The platform is available in Dutch for a smooth user experience. OKX Europe General Manager Erald Ghoos stated that the launch is a significant milestone in the company’s commitment to the country, with a focus on user-friendly features, low fees, and easy Euro transactions.
The launch in the Netherlands follows recent regional developments, including Okcoin Europe rebranding to OKX and Ghoos being appointed to lead European operations. OKX decided to stop offering trading pairs with USDT stablecoin for European users earlier this year, in order to focus on providing more trading options with Euros. Additionally, OKX, along with other exchanges, withdrew from Hong Kong’s licensing process due to a regulatory rule restricting crypto exchanges from serving mainland Chinese users. Despite attempts to fight the restriction, OKX found it tough to comply with and ultimately exited the process.
The OKX platform in the Netherlands was built with a dedicated local team and incorporating user feedback, aiming to provide a seamless experience for Dutch users. The platform offers spot trading, convert and earn services, with support for over 150 cryptocurrencies and 60 crypto-Euro pairs. Users can execute deposits and withdrawals using iDEAL or SEPA transfers. Ghoos emphasized the company’s focus on user-friendly features and low fees in order to make the trading experience convenient for users in the Netherlands.
The launch of OKX’s exchange and Web3 wallet in the Netherlands marks a significant step in the company’s long-term commitment to the country. The platform provides users with access to a wide range of cryptocurrencies, paired with Euros, along with features such as spot trading and convert services. The platform and support are available in Dutch, allowing for a smooth and seamless user experience. OKX aims to serve the Dutch community by providing a secure and efficient platform for trading and managing cryptocurrencies.
Despite recent regional developments and challenges, OKX remains committed to expanding its services and offerings in the European market. The decision to exit the Hong Kong licensing process and focus on providing more trading options with Euros reflects the company’s strategic priorities. By launching its exchange and Web3 wallet in the Netherlands, OKX is taking a proactive approach to engaging with the local community and meeting the needs of Dutch users. The company’s emphasis on user-friendly features and low fees demonstrates its dedication to providing a positive trading experience for customers in the region.
