OKX, a prominent global cryptocurrency exchange and Web3 technology company, has officially unveiled its crypto exchange services in Australia. This expansion marks a significant milestone for OKX, as it now offers spot (buy & sell) trading for all users and derivatives trading for verified wholesale clients within Australia. Notably, OKX has emerged as the largest global crypto exchange facilitating direct Australian Dollar (AUD) deposits and withdrawals for Australian users, signaling its commitment to catering to the needs of the Australian crypto community.

Enhanced Features and Market Access for OKX Australia Users

With the introduction of its services in Australia, OKX users in the region gain access to a host of enhanced features and market opportunities. Users can now conveniently deposit and withdraw AUD through most Australian banks, alongside accessing express buy/sell, peer-to-peer (P2P), and conversion functions, in addition to spot trading.

Furthermore, OKX Australia users can purchase cryptocurrencies with fiat currency via third-party platforms such as Simplex, MoonPay, and Banxa. The platform boasts a comprehensive offering of 170 crypto spot pairs and a total of 85 tokens, including popular options like Bitcoin, Ethereum, Solana, and Tether (USDT). As OKX continues to expand its token offerings, Australian users can stay updated on the latest additions to the platform.

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OKX Australia’s Commitment to Security and Transparency

In a statement, Jamie Kennedy, General Manager of OKX Australia, emphasized the company’s dedication to providing Australian crypto users with a secure, user-friendly platform tailored to their needs. Kennedy highlighted the importance of seamless access to banking infrastructure and AUD pairs for leading cryptocurrencies, underscoring OKX’s commitment to compliance and security to instill confidence among users.

Additionally, OKX reaffirmed its commitment to transparency, having been among the pioneers in the crypto industry to publish monthly Proof of Reserves. This initiative serves to validate the full backing of user funds held on the platform, reinforcing OKX’s adherence to industry-leading reporting standards while fostering trust and transparency within the crypto community.

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The post OKX Unveils Australia Expansion, Adds BTC, ETH, SOL Trading Options appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am