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Home News

OKX Expands Services Across Europe with MiCA License Approval

18 February 2025
in News, Regulation
Reading Time: 2 mins read
112 1
source: coingape.com

source: coingape.com

OKX has received one of the first MiCA (Markets in Crypto-Assets) licenses, allowing it to extend its services to 28 European Economic Area (EEA) countries.

This regulatory approval, which follows OKX’s receipt of the MiCA license on January 27 2025, enables OKX to offer fully regulated, localized cryptocurrency products and services to over 400 million people across Europe.

The MiCA license allows OKX to provide secure and transparent crypto services such as OTC trading, spot trading, and bot trading, with over 240 crypto tokens and over 300 trading pairs, including numerous Euro-based options. European users can deposit and withdraw Euros for free via bank transfers and buy crypto using credit cards and popular local payment methods.

The services are available in various countries, including Austria, Germany, France, Italy, Spain, Portugal, the Netherlands, Greece, Sweden, Poland, Ireland, Belgium, Finland, Romania, and others. OKX will also offer localized platforms in regional languages, customer support in local languages, and payment methods tailored to regional preferences, ensuring a seamless experience for beginners and advanced crypto users.

OKX Europe CEO Erald Ghoos emphasizes the significance of obtaining the MiCA license and passporting rights. It reflects the company’s dedication to offering secure, transparent, localized cryptocurrency services across the European Economic Area (EEA). He further highlights that by supporting local languages, currencies, and payment methods, OKX makes crypto trading more accessible to a broader audience. 

Notably, OKX has recently announced the addition of PI, the native token of Pi Network, to its spot trading markets. Deposits for PI will start on February 12, trading will begin on February 20, and withdrawals will be available on February 21. This listing aligns with Pi Network’s mainnet launch on February 20, 2025, marking the beginning of its “Open Network” phase. Pi Network utilizes a mobile-based mining model for token generation and has grown significantly through a referral-based system.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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