Okcoin Europe Ltd. announced that the company has changed its name to OKX and Erald Ghoos has been appointed as General Manager for Europe.
Using its global resources, the rebrand enables local customers to receive services under the OKX brand, improving market service. Ghoos served as General Manager of Okcoin Europe before being appointed to OKX.
Since 2021, Okcoin Europe Ltd. has been offering cryptocurrency services to consumers through its registration as a crypto service provider with De Nederlandsche Bank (DNB) and a license to provide virtual financial asset services in Malta.
The OKX platform is officially launching in the Netherlands and is currently accessible in beta mode. OKX is actively evaluating user feedback during the beta phase to optimize its performance in the Dutch market as part of its commitment to providing better customer service there.
Hong Fang, OKX president, said, “Europe is home to many diverse and growing communities of crypto users, some of whom have yet to be introduced to OKX and what we stand for. Our mission over the coming months and years is to build locally, including in important markets such as the Netherlands.”
“We’re firmly committed to innovation and service to our European and global users. Under the globally known and respected OKX brand, we look forward to growing in the European region and continuing to hire the best local talent to support our ambitious plans,” stated, Erald Ghoos, OKX Europe GM.
OKX was among the first in the cryptocurrency sector to release monthly Proof of Reserves, demonstrating its commitment to transparency and its complete backing of user funds stored on the platform.
Users can independently verify if their assets are backed by OKX reserves with open-source verification tools. OKX has been the industry leader in the adoption of new and improved reporting standards, having published monthly snapshots for 17 straight months since launching Proof of Reserves in late 2022.
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