OKX Expands into Argentina: Empowering Crypto Access and Trust

Feb. 8, 2024
OKX Expands into Argentina: Empowering Crypto Access and Trust

Crypto exchange OKX  announced its latest expansion today and officially launched its exchange and Web3 Wallet in Argentina. Besides, OKX is now the most secure trading platform, where Argentinians can find opportunities to take part in staking, with access to a wide range of crypto assets and deep liquidity.

OKX Web3 Wallet, which is non-custodial, is also available to Argentinian users. The secure portal has an easy interface for managing DeFi, trading NFTs, and using dApps.

Most importantly, the OKX P2P service allows for the direct purchase of crypto from verified local users, who provide Spanish language support and offer popular local payment methods within P2P, thus accessing them as a trusted alternative to digital asset procurement.

“We’re pleased to launch our world-class crypto exchange and Web3 wallet in Argentina’s vibrant market,” said OKX President Hong Fang. “Our user-centric approach aims to accelerate adoption by catering to local needs first.”

OKX Fortifies Argentina’s Crypto Landscape with Trust

The exchange has over 50 million users globally, and it provides secure crypto exchange services and Web3 access to retail and institutional participants. The promise of crypto and blockchain is expanding across Latin America. Argentina is crucial to the exchange’s regional growth plans.

“Robust security and transparency build trust – key for mainstream adoption,” said OKX Argentina Country Manager Alejandro Estrin. “OKX provides verifiable proof of reserves, top-tier custody solutions, and stringent AML/KYC compliance.”

Moreover, the company customized an Argentina-localized trading platform spanning popular crypto assets. “With these compliant, secure, and user-friendly Argentine solutions, we aim to drive responsible crypto innovation,” Estrin added.

Furthermore, transparency for users is another top priority for OKX, and it was one of the first exchanges to provide monthly Proof-of-Reserves backed by the zk-STARKs cryptosystem. According to the most recent documentation, over $14.9 billion was backed by user money at 104% collateralization. This validated user protection guarantee increases trust in the exchange as a dependable DeFi gateway.

Related Reading | BlockFi Secures Sealed Settlement in Crypto Clash with 3AC

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