OKX Expansion: Crypto Exchange and Web3 Wallet Launch in Argentina

February 07, 2024 11:00 PM AEDT | By Cision

OKX Expansion: Crypto Exchange and Web3 Wallet Launch in Argentina — Image source: Kalkine Media

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BUENOS AIRES, Argentina, Feb. 7, 2024 /PRNewswire/ -- OKX, a leading global Web3 technology company and crypto exchange, today announced its latest global expansion with the official launch of its exchange and Web3 Wallet in Argentina.

OKX Exchange is the most trusted platform for crypto trading, staking, and deep liquidity across hundreds of crypto assets, with robust security protections. Argentinians can now also use the non-custodial OKX Web3 Wallet, a secure portal to manage DeFi, trade NFTs, use dApps, and more through its user-friendly interface.

Additionally, OKX P2P, an industry-leading peer-to-peer platform, is available to enable direct crypto purchases from verified local users. It offers dedicated Spanish-language support and a selection of popular local payment alternatives within P2P to make crypto accessible and provides a trusted alternative for easily obtaining crypto assets.

OKX President Hong Fang said: "We're pleased to officially launch our latest expansion of our world-class crypto exchange and Web3 wallet in one of Latin America's most vibrant crypto markets. As pioneers at the nexus of technology and finance, our user-centric approach aims to accelerate adoption by meeting local needs first. With over 50 million users worldwide, OKX provides retail and institutional participants with secure access to crypto exchange services and Web3 technology. The immense promise of crypto and blockchain is expanding across Latin America, and Argentina represents a crucial launch pad for our regional growth strategy."

OKX Argentina Country Manager Alejandro Estrin said: "Robust security protections and transparency build trust - the foundations of mainstream adoption. That's why OKX provides verifiable proof of reserves, industry-leading custody solutions, and stringent AML/KYC compliance. We also customized an intuitive Argentina-localized trading platform spanning popular crypto assets with deep liquidity. With these compliant, secure and user-friendly solutions tailored to local needs, we aim to accelerate responsible crypto innovation across retail and institutional participants in Argentina."

OKX also provides transparency for users. The global exchange was among the first to publish monthly Proof-of-Reserves verified via zk-STARKs cryptography to publicly validate holdings. The latest proof of reserves showed over 14.9 billion in assets backing user funds at a 104% collateralization rate. This verifiable assurance of user protection builds trust in OKX as the most reliable gateway for accessing decentralized finance.

Learn more at https://www.okx.com/es-la

END

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.

The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: https://www.okx.com/es-la

Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circumstances.

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