OKX Launches in Belgium, Offering Fee-Free Euro Deposits

The massive cryptocurrency exchange OKX has formally joined the Belgian market and is offering a variety of services catered to the local market. Belgian users can now trade, convert, and study more than 200 cryptocurrencies, including more than 60 crypto-euro trading pairings, thanks to the extension. In a news statement on November 28, OKX announced the debut, emphasizing its dedication to facilitating more accessibility to cryptocurrencies in the area.

By means of a strategic alliance with Bancontact, Belgium’s most reliable online payment system, OKX enables users to make fee-free, instantaneous euro deposits. Furthermore, SEPA transactions are free for both deposits and withdrawals, which facilitates user money management.

Part of a Bigger European Push

Erald Ghoos, OKX Europe’s general manager, emphasized the significance of the Belgian launch: “This marks a key step in our regional expansion, supported by a local team and tailored services that meet the unique needs of Belgian customers.”

Belgium joins a growing list of European countries where OKX has expanded. Earlier in 2024, the exchange launched operations in the Netherlands and unveiled plans to establish a regulatory hub in Malta. OKX has been operating under a Class 4 Virtual Financial Assets license in Malta since 2021, underscoring its commitment to regulatory compliance.

Looking ahead, OKX aims to enhance its offerings for Belgian users by adding new tokens to its platform. While details on this expansion are pending, the company continues to strengthen its position as a leader in the European cryptocurrency market.

This move aligns with OKX’s broader strategy to deepen its presence in Europe, a region increasingly embracing cryptocurrency adoption. By offering fee-free transactions and a diverse range of assets, OKX positions itself as a go-to platform for Belgian users.

With local partnerships and region-specific services, OKX demonstrates its ability to adapt to market needs, setting the stage for further growth across Europe.