- OKX, the second largest crypto exchange by trading volume, has launched its spots and derivatives crypto trading platform in Australia.
- The platform offers access to 170 crypto spot pairs and 85 tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT).
- With this launch, OKX has become Australia’s largest crypto exchange offering direct AUD deposits and withdrawals.
OKX, a leading global crypto exchange, expands its services to Australia, becoming the largest crypto exchange in the country offering direct AUD deposits and withdrawals.
OKX Launches in Australia
OKX, the second largest crypto exchange by trading volume, has announced the launch of its spots and derivatives crypto trading platform in Australia. This move marks a significant expansion of OKX’s services, positioning the company as a major player in the Australian crypto market.
Offering Direct AUD Deposits and Withdrawals
One of the key features of OKX’s new platform is the ability for Australian customers to deposit and withdraw AUD directly. This is facilitated through partnerships with Australian banks, making it easier for users to engage with the platform. In addition, OKX Australia facilitates the purchase of cryptocurrencies with fiat through third-party platforms like Simplex, MoonPay, and Banxa.
Access to a Wide Range of Crypto Spot Pairs and Tokens
The new platform provides access to 170 crypto spot pairs and 85 tokens, including popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT). This wide range of offerings caters to both novice and experienced traders, providing them with a comprehensive platform for their crypto trading needs.
OKX’s Vision for Australia
In May 2023, OKX opened an office in Sydney, setting the stage for its entry into the Australian market. At the time, the company’s Chief Marketing Officer, Haider Rafique, hinted at OKX’s vision to become the leading crypto platform in the world, with Australia playing a key role in this strategy. This recent launch is a significant step towards realizing this vision.
Conclusion
With the launch of its spots and derivatives crypto trading platform in Australia, OKX has not only expanded its global footprint but also enriched the Australian crypto market. Offering direct AUD deposits and withdrawals and access to a wide range of crypto spot pairs and tokens, OKX is poised to become a leading player in Australia’s burgeoning crypto scene.
