OKX has officially launched its spot and derivatives crypto trading platform in Australia, the company announced on Tuesday.
“I don’t think there’s actually any global product or platform that is operating in Australia locally that can offer either derivative products to the wholesale space and or a strong, self-custody wallet,” said OKX President Hong Fang, in an interview with The Block. “We feel strongly about bringing responsible innovations to markets, and the product innovations in trading and self-custody are valuable things that we can bring to Australia.
The launch comes a year after OKX established its Sydney office to assemble its team in management, legal, compliance and other specialties. “I’m proud to say we have assembled a great local team that will ensure OKX contributes to Australia’s crypto industry for years to come,” said Jamie Kennedy, general manager of OKX Australia.
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