OKX Expands Services in Europe with MiCA License

OKX has officially entered the European markets by expanding its services to include 28 EEA regions after becoming the first exchange to secure a MiCA license.

The crypto exchange informed users that it has expanded its trading services across 28 European Economic Area member states, operating from its main hub located in Malta. The exchange estimated that more than 400 million Europeans will be able to access its MiCA-compliant crypto services.

Available Countries

According to the announcement, OKX is now available in the following countries:
– Austria
– Belgium
– Bulgaria
– Croatia
– Cyprus
– Czech Republic
– Denmark
– Estonia
– Finland
– France
– Germany
– Greece
– Hungary
– Ireland
– Italy
– Latvia
– Liechtenstein
– Lithuania
– Luxembourg
– Malta
– Netherlands
– Poland
– Portugal
– Romania
– Slovakia
– Slovenia
– Spain
– Sweden

The news comes nearly a month after the platform successfully secured a MiCA license, granting it permission to operate in the EU under the new regulations.

Services Offered

With a MiCA license, OKX can expand its services across all EU countries, provided it complies with regulatory standards. The exchange will offer users:
– Over-the-counter trading
– Spot trading
– Bot trading

To accommodate new European users, the exchange is offering over 60 euro-based trading pairs in addition to more than 240 cryptocurrency tokens and 300 trading pairs already included in the platform.

European users can now deposit and withdraw euros for free via bank transfers and purchase crypto assets through cards and other widely-used local payment methods.

Additionally, the trading platform also provides local currency options, local language customer support for each region, products designed by regional preference, as well as different interfaces for beginners and advanced traders.

In late January, OKX became the first virtual assets cryptocurrency exchange to secure pre-authorization under the MiCA framework. In accordance with MiCA regulations, OKX discontinued its USDT trading pairs within the EEA back in March 2024.

Read More

• OKX secures MiCA pre-authorization to expand services in Europe