Virtual Currencies: Understanding the Risks
Important Warning:
Virtual currencies carry real risks. The only guarantee in crypto is risk.
Key risks to consider:
- High volatility: Virtual currency values can fluctuate dramatically, potentially resulting in total loss of initial investment.
- No deposit protection: Unlike bank deposits, virtual currencies aren't covered by guarantee funds.
- Market vulnerabilities: No legal safeguards exist against market manipulation or insider trading in crypto markets.
- Technology dependence: These currencies rely on emerging technologies that may not be fully tested.
- Irreversible loss: Losing wallet access codes means permanent loss of stored currencies.
- Limited acceptance: Crypto isn't widely accepted as payment, with no legal obligation for merchants to accept it.
For comprehensive risk information, consult Wikifin's cryptocurrency guide.
OKX Launches in Belgium: A Strategic European Expansion
Erald Ghoos, General Manager of OKX Europe, announces this milestone
OKX continues its global expansion, having recently entered markets including Australia, Turkey, Brazil, Netherlands, UAE, and Singapore. Our Belgium launch strengthens our European presence following successful entries in the Netherlands and establishment of our MiCA hub in Malta, where we secured our Class 4 VFA license in 2021.
Belgian residents can now access OKX to:
- Build diversified crypto portfolios
- Learn crypto trading through OKX Learn
- Utilize our full suite of exchange services
👉 Start your crypto journey in Belgium today
Tailored Crypto Solutions for Belgian Users
We've customized OKX's platform specifically for Belgium's market needs:
Key Features:
Extensive Asset Selection:
- 200+ cryptocurrencies
- 60+ crypto/EUR trading pairs
Seamless Banking Integration:
- Bancontact support for instant, fee-free EUR deposits/withdrawals
- SEPA transfers with no deposit/withdrawal fees
Simplified Onboarding:
- itsme app integration for quick account verification
New User Incentive:
- €20 Bitcoin bonus for first-time traders (minimum €10 purchase)
- Limited to first 50,000 users
Why This Matters:
Our Belgium launch reflects OKX's commitment to delivering localized, user-friendly crypto services while maintaining regulatory compliance and market-specific adaptations.
Strategic Importance of the Belgian Market
Belgium represents a strategic choice for OKX's European expansion due to:
Tech-Savvy Population:
- High digital adoption rates
- Strong interest in innovative financial solutions
Regulatory Alignment:
- Progressive stance on digital assets
- Established financial infrastructure
European Gateway:
- Key position in Benelux region
- Growing crypto adoption across Western Europe
👉 Explore OKX's European expansion strategy
Frequently Asked Questions
Q: How do I verify my OKX account in Belgium?
A: Use Belgium's itsme app for instant verification—no documents required.
Q: What payment methods support EUR deposits?
A: We support Bancontact for instant transfers and SEPA for bank transfers.
Q: Is there a minimum deposit amount?
A: No minimum for Bancontact deposits; SEPA transfers may have bank-specific requirements.
Q: How long do withdrawals take?
A: SEPA withdrawals typically process within 1 business day.
Q: Are there transaction limits?
A: Limits vary based on account verification level. Check your account dashboard for details.
Q: What educational resources are available?
A: OKX Learn offers beginner guides, market analyses, and trading tutorials.
Join Belgium's Crypto Revolution
We invite Belgian residents to:
- Download the OKX app
- Create an account via itsme verification
- Start building their crypto portfolio
For assistance, contact our 24/7 support team through the app or at okx.com.
Disclaimer: Digital asset investments involve risk. Consider your financial situation carefully before trading. This content doesn't constitute financial advice. © 2025 OKX. All rights reserved.