OKX has recently launched its cryptocurrency exchange and self-custodial wallet in Belgium, allowing users to access spot trading and convert over 200 cryptocurrencies, including 60 pairs involving the euro. This launch was made possible through an EU-regulated entity, with deposits and withdrawals in euros facilitated by Bancontact integration.
Although OKX did not acquire a local operating license from Belgian authorities, it operates under Okcoin Europe, a Malta-registered company licensed by the Malta Financial Services Authority. Belgian users are able to trade on the platform after completing verification through the Itsme app.
This move aligns with the growing interest in digital assets in Belgium, where a quarter of the population is estimated to have crypto exposure. It is also part of OKX’s larger strategy to establish a stronger presence in Europe, following previous launches in the Netherlands and plans for an EU regulatory hub in Malta.
In addition, OKX’s platform is now accessible to UAE residents who complete the mandatory onboarding steps via the website or app. This enables UAE users to engage in spot trading, buy and sell options, conversions, and on-chain earning products.
