OKX Launches Crypto Exchange Services in Australia

OKX, a prominent global crypto exchange and Web3 technology company, has made its official debut in Australia, offering spot and derivatives trading services to users in the country.

Australian users can now engage in spot trading, buying, and selling various cryptocurrencies directly through OKX. Additionally, verified wholesale clients have access to derivatives trading. OKX has positioned itself as the largest global crypto exchange to provide direct AUD deposits and withdrawals for Australian users.

Enhanced Features for Australian Users

OKX Australia users can conveniently deposit and withdraw AUD through most Australian banks. The platform also offers express buy/sell, P2P, and convert functions, along with access to over 170 crypto spot pairs and 85 tokens, including popular options like Bitcoin, Ethereum, Solana, and Tether (USDT). More tokens will be added regularly to enrich the trading experience.

In preparation for its Australian launch, OKX established an office in Sydney in May 2023 and assembled a team of experts in various fields. The company plans to continue investing in the Australian crypto ecosystem, fostering growth and innovation in the region.

OKX Australia operates under local regulations, with OTC spot trading services available through OKX Australia Pty Ltd. Derivatives trading services are limited to verified wholesale clients, facilitated by OKX Australia Financial Pty Ltd., which holds an Australia Financial Services (AFS) license regulated by ASIC.

Jamie Kennedy, OKX Australia General Manager, emphasized the platform’s dedication to providing Australian users with a secure and user-friendly experience. Kennedy highlighted OKX’s commitment to compliance and security, ensuring peace of mind for all users.