Hong Kong SAR – OKX, a top-tier cryptocurrency exchange and Web3 innovator, has welcomed over 10,000 new user registrations in Hong Kong within the first month of its enhanced local app release. This milestone marks OKX as the first exchange to achieve such growth under Hong Kong’s updated Virtual Asset Service Provider (VASP) regulations, effective since June 2023.
👉 Discover OKX’s compliant trading platform
Strategic Preparation Meets Market Demand
For nearly two years, OKX has prioritized:
- Regulatory compliance: Aligning systems with Hong Kong’s VASP framework.
- Security investments: Advanced risk controls and exchange-grade infrastructure.
- Product innovation: Curated access to 16 major cryptocurrencies for local users.
Lennix Lai, OKX Global Chief Commercial Officer, noted:
"Hong Kong users value regulatory adherence as much as innovative offerings. Our metrics reflect confidence in a regulated crypto ecosystem, paving the way for sustainable market expansion."
Celebrating Community Engagement
OKX Hong Kong will host a Manchester City-themed event on 22 July 2023, featuring:
- Exhibits of team memorabilia.
- Insights from football legends Siu Ki Chan and Wai Ho Chan.
- Interactive games for attendees.
👉 Join OKX’s Hong Kong initiatives
FAQ Section
1. What makes OKX’s Hong Kong app unique?
The app combines regulatory compliance with robust trading tools, offering access to 16 cryptocurrencies under local VASP guidelines.
2. How does OKX ensure platform security?
OKX employs institutional-grade safeguards, including multi-signature wallets and real-time monitoring.
3. Can international users access OKX Hong Kong?
Currently, the enhanced app serves Hong Kong residents compliant with regional regulations.
Disclaimer: This content is informational only and not financial advice. Digital assets carry risks; assess your financial capacity before trading.
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