Chinese-founded crypto exchange OKX has launched its services in the US, establishing a regional headquarters in San Jose, California. It aims to deliver a high-performance platform and wallet, focusing on compliance and security as part of its commitment to responsible growth. Customers will benefit from enhanced features, increased liquidity, and lower fees while supporting a secure trading environment.
Chinese-origin crypto exchange OKX has entered the US market, announcing its centralized exchange and OKX Wallet launch. This initiative includes setting up a regional headquarters in San Jose, California. American customers are now granted access to a high-performance trading platform, with additional features to be rolled out throughout the year as part of OKX’s vision for a comprehensive crypto super app.
Existing OKCoin customers will transition smoothly to the OKX platform, which enhances their experience through improved liquidity, lower fees, and advanced trading tools. The onboarding process will begin with a phased approach for new customers, leading to a broader launch later this year.
American users can trade major cryptocurrencies such as Bitcoin, Ethereum, USDT, and USDC and facilitate connections between traditional finance and crypto via local bank account integrations. OKX US CEO Roshan Robert emphasised that this market entry signifies not just expansion but a commitment to responsible and compliant growth.
The firm is actively collaborating with US regulators to ensure transparency and compliance, having developed a thorough global compliance program. This includes enhanced due diligence, robust KYC processes, customer risk rating systems, and advanced fraud detection, all aimed at creating a secure trading environment.
Emphasising trust and security, OKX maintains a global proof of reserves for all assets and publishes independently verified reports through blockchain security firm Hacken. This feature allows customers to verify their funds and rely on the platform’s systems.
In addition to its exchange, the OKX Wallet provides a powerful Web3 gateway supporting over 130 blockchains. It features diverse trading modes to cater to different customer experience levels and includes a DEX aggregator, granting access to over 10 million tokens from various blockchains.
Furthermore, OKX’s AI-powered Web3 navigation assists users in identifying trending tokens and streamlining research for smarter trading decisions. The Wallet also supports advanced swapping, bridging, and dApp access for DeFi, NFTs, gaming, and social applications, empowering users with true ownership within the decentralised ecosystem.
