- OKX secures MiCA passporting, offering regulated crypto services across 28 EEA countries.
- Over 240 cryptocurrencies and 300 trading pairs now available for EEA users on OKX.
- OKX supports Euro-based trading and free bank transfers for crypto deposits/withdrawals.
OKX achieved an important achievement by obtaining European passporting rights to service all European Economic Area (EEA) member states. Through MiCA licensing, OKX obtains exchange rights to provide regulated services and extend its operations across 28 EEA member countries, which fundamentally increases its market reach to over 400 million people. From its European hub in Malta, OKX has gained passporting rights for smooth operations across the EEA territory.
Expansion of Crypto Services Across Europe
With the MiCA passporting approval, it now provides a comprehensive range of services tailored to European users. These services include over-the-counter (OTC) trading, spot trading, and bot trading of more than 240 digital tokens across 300 trading pairs. Notably, over 60 of these trading pairs are based on the Euro, and the exchange offers free Euro deposits and withdrawals via bank transfers. While card payments are also supported, they are not free of charge.
It’s European expansion goes beyond trading features. The platform is now available in multiple local languages on mobile and web platforms, providing a more personalized experience. Using the platform option, users can check cryptocurrency values through their local currency denominations. Local customer support operates in various languages to ensure European traders communicate seamlessly using the platform.
What MiCA Passporting Means for OKX and European Crypto Regulation
European Union regulation allows companies licensed in one member state to provide services within every other member state without requiring additional authorization. OKX earned a Malta Financial Services Authority license to pursue its expansion into European markets. The structure works to build a unified system that promotes cryptocurrency security across Europe to serve both new and expert users of crypto products.
The MiCA framework requires OKX and other companies to follow strict compliance rules. This action represents a key moment in EU crypto regulatory development since many leading exchanges, including Binance, have struggled to obtain equal access throughout the Eurozone. The MiCA regulation has positioned it as a compliant platform that operates as a trusted exchange, enabling secure cryptocurrency trading services.
OKX expands its operations worldwide through new market launches and regulatory license acquisitions during 2024. The company’s regulatory compliance and MiCA passporting rights work together to build credibility, which boosts user confidence about platform trading.
