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Cryptocurrency News Articles

Yesterday, OKX Entered the United States

Apr 17, 2025 at 12:10 pm

With several changes and new things to adapt to the U.S. market and users, the crypto market is excited about what will happen.

Yesterday, OKX Entered the United States

Yesterday, OKX entered the United States. With several changes and new things to adapt to the U.S. market and users, the crypto market is excited about what will happen. Let’s see!

On April 16, 2025, OKX made a bold move by officially launching its services in the U.S., as announced in a post on X and an official announcement on their learning hub. This expansion brings its centralized cryptocurrency exchange and a multi-chain Web3 wallet to American users, marking a significant milestone for the platform.

The company has set up its U.S. headquarters in San Jose, California, and appointed Roshan Robert, a seasoned professional with experience at Morgan Stanley and Barclays, as the U.S. CEO.

OKX’s entry into the U.S. comes after settling with the Department of Justice for $500 million, showcasing its commitment to compliance and growth. The platform also migrates existing OKCoin users to OKX, focusing on enhanced due diligence, KYC processes, and fraud detection to align with U.S. regulations.

This move not only opens doors for U.S. customers to access OKX’s high-performance trading tools but also positions the exchange as a serious competitor in the American crypto landscape. From now on, tokens announced for listing on OKX will gain more attention, turning OKX into a major liquidity pool that directly competes with Binance.

About OKX

OKX, originally launched in 2017 by Star Xu as OKEx, is a Seychelles-based cryptocurrency exchange that has grown into one of the world’s leading platforms. Now rebranded as OKX, the company operates in multiple global markets, including Hong Kong, the UAE, the Bahamas, and France, with offices in Dubai, Silicon Valley, Singapore, and Australia.

Known for its robust ecosystem, OKX offers a wide range of products such as spot trading, margin trading, futures, options, and a self-custody Web3 wallet supporting over 130 blockchains. Its wallet features DEX aggregation and AI-powered tools, making it a versatile choice for crypto enthusiasts. The platform supports trading for major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), alongside hundreds of other tokens and trading pairs.

OKX has achieved remarkable milestones in recent years. Among the top 2 crypto exchanges, it stands as the most diversified, and its innovative products like the "ChainLink ChainHarvest" on the BNB Chain and BTC options on the Base chain showcase its dedication to expanding the crypto ecosystem.

The exchange has also prioritized transparency, with its September 2023 Proof of Reserves report revealing a 102% BTC reserve ratio, demonstrating its financial stability.

Beyond trading, OKX has made waves through partnerships with high-profile brands like Manchester City, McLaren, and the Australian Olympic Team, as well as sponsoring events like the Tribeca Film Festival since 2022. In 2025, OKX made a strong impression at the Dakar Rally, securing second place in stages 1 and 3.

With its cutting-edge technology, diverse product offerings, and global presence, OKX is a platform worth exploring. Whether you’re a seasoned trader or a crypto newbie, OKX provides the tools and security you need to navigate the world of digital assets. Don’t miss out—join crypto trading with OKX today through our code with a discount!

Disclaimer:info@kdj.com

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Other articles published on Apr 19, 2025