Cryptocurrency Exchange OKX Expands to Argentina
Argentina has become the latest country to welcome cryptocurrency exchange OKX, which has officially launched its crypto exchange and wallet services in the country. This marks a significant expansion for OKX, which is now available in one of the fastest-growing crypto markets in the world.
Argentina boasts the second-highest level of cryptocurrency activity in Latin America, behind only Brazil, and ranks 13th globally in terms of annual trading volume. By entering this market, OKX is capitalizing on a rapidly growing digital asset market.
A Full Suite of Services for Argentinian Crypto Users
OKX has introduced a localized Argentina platform that provides a comprehensive suite of Web3 services, including crypto trading, staking, and deep liquidity across hundreds of crypto assets. Argentinian users can now also leverage OKX’s non-custodial wallet to engage with decentralized finance (DeFi), NFTs, and dApps.
Furthermore, OKX P2P, a well-established peer-to-peer platform, is available to facilitate direct crypto purchases from verified local users. It offers dedicated Spanish-language support and a variety of popular local payment options within P2P, making it easier and more convenient for Argentinians to acquire cryptocurrencies.
OKX President Highlights Argentina’s Potential
OKX President Hong Fang expressed his enthusiasm about the company’s expansion into Argentina, citing the country’s established crypto presence and rapid growth as key factors. He emphasized that users can access monthly Proof-of-Reserves reports to verify the safety of their funds on the OKX platform. The exchange’s latest monthly Proof-of-Reserves report, verified via zk-STARKs cryptography, revealed over 14.9 billion in assets backing user funds, representing a 104% collateralization rate.
