OKX has finally received the Markets in Crypto-Asset Regulation license, allowing it to offer regulated crypto services in Europe.
OKX is the first global exchange that has gained this license. With this, the exchange will provide localized service to over 400 million digital assets in Europe.
The exchange can operate in the entire European Economic Area (EEA), all 30 member states, from its base in Malta with this MiCA license. It will also offer services like spot training, bot trading, and over-the-counter trading to European customers.
Erald Ghoos, CEO of OKX Europe, expressed that the MiCA license is an important step for the company as a resolute leader in the global crypto space. He believes Europe has great potential for digital assets and blockchain growth under the MiCA framework.
OKX supports over 240 cryptocurrencies and 260 trading pairs, including 60 euro-based pairs. Ghoos emphasized Europe’s importance for blockchain innovation under clear regulations.
As per the data of CoinMarketCap, OKX ranks fourth in global trading volume, with $4.9 billion in the last 24 hours. The top three exchanges are Binance, Bybit, and Coinbase.
OKX is also adapting its platform for European users, offering local language options, euro-based currency displays, and customer support tailored to the region. Users can deposit and withdraw euros for free using bank transfers or local payment methods like credit cards.
In November 2024, OKX launched its exchange platform and non-custodial wallet service in Belgium, giving customers access to crypto trading, including spot and futures trading.
