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<ul>
 <li>OKX crypto exchange has expanded to the Netherlands with the launch of its services and Web3 wallet.&nbsp;</li>
 <li>CMC ranks OKX as the fourth largest exchange platform in terms of trading volume.</li>
</ul>
The prominent OKX crypto exchange platform announced that it has launched its exchange services and Web3 wallet in the Netherlands. The platform made the statement on its X account on June 3, 2024. OKX currently renders services in over a hundred countries as stated in its website.&nbsp;
OKX, formerly known as OKEx, was launched in 2017 and is headquartered in Africa. It holds offices in Silicon Valley, the UAE, Hong Kong and Singapore. According to CMC <a href="https://coinmarketcap.com/rankings/exchanges/" target="_blank" rel="noopener noreferrer nofollow">data</a>, OKX is the fourth largest exchange with a trading volume of $2 billion. The crypto exchange provides Web3 wallet services in multiple countries including the US.&nbsp;
<h3 class="wp-block-heading" id="h-what-does-the-okx-netherlands-launch-intend">What Does the OKX Netherlands Launch Intend?&nbsp;</h3>
OKX has <a href="https://www.okx.com/learn/okx-exchange-web3-wallet-netherlands" target="_blank" rel="noopener noreferrer nofollow">announced</a> on its official website that Dutch customers can now access spot trading and exchange services for over 150 countries.&nbsp; Additionally, it offers Web3 wallet services for citizens of the Netherlands. The exchange holds that its wallet is a ‘portal to web3’.&nbsp;
Additionally, the exchange allows trading of sixty crypto-euro pairs within the country. Notably, the exchange platform has integrated with ‘iDeal’, a payment system in the Netherlands. This integration allows easy deposit and withdrawal of Euro for users, free of charge.&nbsp;
Moreover, the crypto exchange stated that it chose the Netherlands because of its “thriving community of crypto enthusiasts, new entrants, experienced traders and long-term holders.” It also mentioned that the Dutch are early adopters and active participants in crypto and Web3 communities.&nbsp;
Separately, the exchange has specified that it holds a registration as a crypto service provider with the De Nederlandsche Bank (DNB). It holds an additional license as a virtual financial asset service provider in Malta. The exchange aims to expand its services to create a worldwide community.&nbsp;
On the other hand, OKX recently halted its services from Hong Kong, by <a href="https://thenewscrypto.com/leading-crypto-exchanges-withdraw-license-applications-from-hong-kong-sfc/" target="_blank" rel="noopener noreferrer nofollow">withdrawing</a> the license application from Hong Kong’s SFC. Additionally, it has also stopped trading of USDT paired cryptos within the <a href="https://thenewscrypto.com/okx-phasing-out-tether-usdt-trading-pairs-in-europe/" target="_blank" rel="noopener noreferrer nofollow">EU territory</a> earlier this year.&nbsp;
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OKX Expands to Netherlands With New Exchange & Web3 Wallet

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