OKX moves “down under” to Australia staff compliment Australians for there crypto Knowledge and interest saying they are ‘above the curve’
OKX, a cryptocurrency exchange based in Seychelles, has announced its plans to expand its crypto services to Australia, citing the country’s readiness to embrace the next phase of crypto adoption.
According to the company’s statement on March 29, Australia is expected to be a significant market for OKX’s growth strategy.
The exchange currently operates in over 100 countries, and in July 2022, it secured a provisional license in Dubai. OKX stated its commitment to the Australian market, given the country’s robust crypto adoption and plans to establish a strong local office :-
“We see Australia as an indispensable part of this strategy and a key growth market. With such a strong uptake of crypto in Australia already, we’re committed to the local market and aim to build a strong local office,” the firm wrote in a statement.
Haider Rafique, the chief marketing officer of OKX in an interview with Cointelegraph said that part of the reason for opening in Australia was the huge appetite for crypto here from the consumers going on to say :-
“What I’ve interestingly found over the last 5-6 years is that Australian retail investors certainly show a huge appetite for exploring crypto as an investment vehicle and also for trading.
OKX Australia
In Summary OKX plans to expand its cryptocurrency services to Australia, viewing the country as an important market for growth due to its strong uptake of crypto. The exchange currently operates in over 100 countries and aims to establish a strong local office in Australia.