Seychelles-based cryptocurrency exchange OKX has launched its services in Belgium, marking a significant milestone in its European expansion strategy. Belgian users now gain access to over 200 cryptocurrencies, including more than 60 crypto-euro trading pairs, alongside complimentary Euro deposits and withdrawals enabled through a partnership with local payment platform Bancontact.
In a press release dated November 28, OKX highlighted that the integration with Bancontact allows customers to deposit funds instantly and without fees. Additionally, the platform supports SEPA-based deposits and withdrawals, also offered at no cost. These features aim to streamline user transactions, positioning OKX as a competitive player in the Belgian crypto market.
Erald Ghoos, General Manager of OKX Europe, emphasized the importance of the Belgian launch, describing it as a “key step” in the company’s regional growth. “This expansion is supported by a local team and services tailored to the unique needs of Belgian customers,” Ghoos noted.
The Belgian launch is part of a broader strategy to strengthen OKX’s presence across Europe. Earlier in 2024, the exchange entered the Dutch market and announced plans to establish a regulatory hub in Malta, where it secured a Class 4 Virtual Financial Assets license in 2021. As part of its ongoing efforts, OKX intends to expand its offerings for Belgian users, with additional token listings planned, although specific details have not yet been disclosed.
By leveraging localized payment solutions and aligning with regional regulatory frameworks, OKX continues to position itself as a major contender in the European cryptocurrency landscape.