Okcoin
Within 1 year
Not Regulated
Exchange
Questionable Regulatory License
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Basic Information

Country/Region
United States
Exchange AbbreviationOkcoin
Company NameOKCoin USA Inc.
Operating Period10-15 years
Websitehttps://www.okcoin.com/
Exchange TypeDecentralized Exchange

Score

0.00/10
2026-08-15 Rating

RiskNotice

5 risk alerts
High Risk 2
Medium Risk 3

No Regulatory License

Be aware of the risks!

Exchange Overview

Exchange Overview

We make it easy and safe to buy and sell crypto assets using local currencies globally. We give you the tools, visibility, and human support to do more with your money — instantly, securely, and at a low cost.

Business Region

InfluenceB
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News

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OKX Unveils European Expansion Plan with Okcoin Rebrand

In a strategic move to bolster its European presence, Okcoin Europe Ltd. has rebranded to OKX and appointed Erald Ghoos as the new Europe General Manager. As part of this rebranding, OKX aims to unify its brand worldwide.  OKX Expands European Presence  OKX is one of the biggest crypto exchange globally trusted with over 50 million users worldwide,. The company has been operating in Europe since 2021, holding a crypto service provider registration with De Nederlandsche Bank (DNB) and a virtual financial asset service provider license in Malta.  As part of its expansion plans, OKX is currently beta testing its platform in the Netherlands, with an official launch on the horizon. The company is seeking user feedback during this phase to optimize performance and tailor its offerings to the local market.  “Europe is home to many diverse and growing communities of crypto users, some of whom have yet to be introduced to OKX and what we stand for,” Hong Fang, the President of OKX, commented. Our mission over the coming months and years is to build locally, including in important markets such as the Netherlands.  According to the Finance Magnates Intelligence report, OKX is the fourth largest exchange in terms of spot volumes, which grew

OKX Unveils European Expansion Plan with Okcoin Rebrand
2024-04-11Token

US FDIC Says OKCoin Made False Statements About Deposit Insurance and Demands Corrections

Source: Adobe  The US Federal Deposit Insurance Corporation sent a letter to OKCoin USA, Inc., demanding the cryptocurrency exchange take action to address false and misleading statements about its deposit insurance.  The FDIC sent three letters to OKCoin USA, Inc., Bodega Importadora de Pallets and Money Avenue LLC, on Thursday, making those demands, and warning that certain statements could harm consumers.  “The FDIC has observed an increasing number of instances online where firms or individuals have misused the FDICs name or logo, or have made false or misleading representations about deposit insurance,” said FDIC Chairman Martin J. Gruenberg in a statement. “These practices can confuse consumers about whether they are dealing with an insured institution and if they are protected by deposit insurance.”  Misleading statements  The FDIC said OkCoin and its senior executives made those misleading statements multiple times.  For example, OkCoin said in a post that it was “licensed across the US with FDIC insurance on OKCoin accounts,” the FDIC said.  The agency also said the exchanges chief marketing officer tweeted that an affiliated exchange offered FDIC insurance.  The FDIC ordered the exchange to remove all statements that imply that OKCoin is FDIC-insured, that the FDIC has ever endorsed any particular blockchain, among other remedies.  The exchange has

US FDIC Says OKCoin Made False Statements About Deposit Insurance and Demands Corrections
2023-06-12Industry

Solana price eyes $300 as Grayscale launches SOL-backed trust

Yashu GolaSolana price eyes $300 as Grayscale launches SOL-backed trust  The Grayscale Solana Trust would allow high-net-worth and institutional investors to gain indirect exposures to the yearlong bullish SOL market.  Altcoin Watch   Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line.  The digital asset class is growing, and were expanding our offerings along with it! Gain exposure to $SOL, the native token of the @Solana network, through new Grayscale #Solana Trust. Learn more: https://t.co/QiT6u0xI7h pic.twitter.com/KAxRZAriRl— Grayscale (@Grayscale) November 30, 2021A $300 SOL ahead?  SOL rallied to nearly $217.50 after rising by over 6.50% intraday. The Solana tokens gains came primarily as a part of a recovery move that started Nov. 28, wherein it rebounded over 20% upon testing a dependable multi-month ascending trendline as support (near $190), as shown in the chart below.  The latest bout of buying near the trendline support also helped push SOL over the 23.6 Fib line (~$204) of its Fibonacci retracement graph, drawn from the $23.22-swing low to the $260.69-swing high. As a result, the $260-price level appears like the last line of defense between SOL and a new

Solana price eyes $300 as Grayscale launches SOL-backed trust
2021-11-30Industry