OKX Expansion: Crypto Exchange and Web3 Wallet Launch in Argentina - 9krapalm.com (2024)

February 7, 2024 PR Newswire

OKX Expansion: Crypto Exchange and Web3 Wallet Launch in Argentina - 9krapalm.com (1)

BUENOS AIRES, Argentina, Feb. 7, 2024 /PRNewswire/ — OKX, a leading global Web3 technology company and crypto exchange, today announced its latest global expansion with the official launch of its exchange and Web3 Wallet in Argentina.

OKX Exchange is the most trusted platform for crypto trading, staking, and deep liquidity across hundreds of crypto assets, with robust security protections. Argentinians can now also use the non-custodial OKX Web3 Wallet, a secure portal to manage DeFi, trade NFTs, use dApps, and more through its user-friendly interface.

Additionally, OKX P2P, an industry-leading peer-to-peer platform, is available to enable direct crypto purchases from verified local users. It offers dedicated Spanish-language support and a selection of popular local payment alternatives within P2P to make crypto accessible and provides a trusted alternative for easily obtaining crypto assets.

OKX President Hong Fang said: “We’re pleased to officially launch our latest expansion of our world-class crypto exchange and Web3 wallet in one of Latin America’s most vibrant crypto markets. As pioneers at the nexus of technology and finance, our user-centric approach aims to accelerate adoption by meeting local needs first. With over 50 million users worldwide, OKX provides retail and institutional participants with secure access to crypto exchange services and Web3 technology. The immense promise of crypto and blockchain is expanding across Latin America, and Argentina represents a crucial launch pad for our regional growth strategy.”

OKX Argentina Country Manager Alejandro Estrin said: “Robust security protections and transparency build trust – the foundations of mainstream adoption. That’s why OKX provides verifiable proof of reserves, industry-leading custody solutions, and stringent AML/KYC compliance. We also customized an intuitive Argentina-localized trading platform spanning popular crypto assets with deep liquidity. With these compliant, secure and user-friendly solutions tailored to local needs, we aim to accelerate responsible crypto innovation across retail and institutional participants in Argentina.”

OKX also provides transparency for users. The global exchange was among the first to publish monthly Proof-of-Reserves verified via zk-STARKs cryptography to publicly validate holdings. The latest proof of reserves showed over14.9 billionin assets backing user funds at a 104% collateralization rate. This verifiable assurance of user protection builds trust in OKX as the most reliable gateway for accessing decentralized finance.

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Learn more at https://www.okx.com/es-la

END

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit:https://www.okx.com/es-la

Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circ*mstances.

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OKX Expansion: Crypto Exchange and Web3 Wallet Launch in Argentina - 9krapalm.com (2024)

FAQs

Is OKX exchange available in the US? ›

OKX is a global cryptocurrency company offering a crypto exchange and a suite of additional services. With offices in Hong Kong, Singapore, the UAE, and the Bahamas, OKX's cryptocurrency exchange is widely available to users worldwide but notably not available in the United States.

Who owns OKX crypto exchange? ›

OKX was launched as OKEX in 2017 and is owned by the OK Group, which was founded in 2013 by Mingxing “Star” Xu. Star Xu currently serves as the company's CEO. OKX is a globally recognized cryptocurrency exchange headquartered in Seychelles.

What is OKX Web3 Wallet? ›

OKX Wallet is a universal crypto wallet available on multiple platforms, including app, web, and extension. You can use OKX Wallet to easily access 3,000+ crypto, 80+ networks, thousands of DApps, and the Web3 ecosystem. With OKX Wallet, you have complete control over your private keys and crypto assets.

Is OKX available in Argentina? ›

OKX has launched crypto exchange services and its digital wallet platform in Argentina. Regional users can also access the firm's peer-to-peer exchange, OKX P2P.

Is OKX trading real or fake? ›

OKX is one of the world's largest and most secure crypto exchanges. Trusted by over 50 million global users, OKX is the fastest and most reliable crypto trading app for professional traders everywhere. We offer crypto trading, an NFT Marketplace, Web3 Wallet, Staking, DeFi and much more.

How do I withdraw money from OKX exchange? ›

How to withdraw money from OKX to bank account
  1. Log in to Your OKX Account. ...
  2. Navigate to the Withdrawal Page. ...
  3. Select the Currency You Want to Withdraw. ...
  4. Enter the Withdrawal Amount. ...
  5. Provide Your Bank Account Details. ...
  6. Confirm the Withdrawal. ...
  7. Wait for Processing. ...
  8. Receive Funds in Your Bank Account.
Apr 9, 2024

How many people are on the OKX wallet? ›

Trusted by more than 50 million global users, OKX offers a secure and trustworthy platform that provides responsible crypto traders with innovative tools to access the world of crypto.

How do I receive money from OKX? ›

Deposit into your OKX wallet
  1. Open your OKX app, select Wallet.
  2. Select Receive, and select the Crypto and Network that you want.
  3. Scan the QR code to transfer crypto. Scan the QR code to receive your funds.
Sep 24, 2023

Is OKX a safe wallet? ›

OKX Key Security Features

It encompasses the platform, data, assets and access security. Cold wallets are offline and less risky than online wallets (note less risk, not 100% risk-free). OKX takes multiple backups and has storage limits and bank vaults for additional protection.

Which crypto wallet is best in Argentina? ›

Best Bitcoin Wallets for Argentina
  • Mobile. Zengo is an easy iOS & Android crypto and NFT wallet.
  • Hardware. Ledger Nano S Plus is a secure hardware wallet that connects to your computer via USB-C.
  • Desktop. BlueWallet is a popular desktop Bitcoin wallet which is compatible with Windows, Mac, and Linux.

Is OKX a Chinese app? ›

Okcoin is one of the largest cryptocurrency exchanges in the world. The platform was established in 2013 in China by Mingxing "Star" Xu.

Is OKX legal? ›

The exchanges were accused of not registering with the Financial Intelligence Unit-India (FIU-IND) and failing to adhere to the provisions outlined in the Prevention of Money Laundering Act (PMLA), 2002. “OKX Exchange is currently not available in India due to local laws and regulations.

Which countries support OKX exchange? ›

Asia: Similar to Europe, OKX is supported in many countries, such as Hong Kong, Japan, South Korea, Singapore, and India, but it's also banned in others. North America: Canada is the only country in North America where OKX still operates. However, new regulations make the platform unavailable to new customers.

Is BingX available in the US? ›

As a registered MSB, BingX US Limited has been granted permission by these financial regulatory bodies to engage in foreign exchange (FX) trading activities involving both fiat currencies and digital assets. In addition to operating in the US, BingX has also received MSB registration for its operations in Canada.

Can US citizens use Bybit? ›

Bybit does not accept users from the United States due to regulatory restrictions. You need to access the website from an IP address other than the US or country where Bybit is unavailable.

Is HTX available in the USA? ›

HTX Restricted Countries

Users from the following jurisdictions are prohibited from using all services: Mainland China, the United States of America, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Hong Kong China and Singapore.

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