OKX launches exchange services and crypto wallet in Argentina

Quick Take

  • OKX has launched crypto exchange services and its digital wallet platform in Argentina. 
  • Regional users can also access the firm’s peer-to-peer exchange, OKX P2P. 

Crypto exchange OKX has launched its crypto exchange services and digital wallet platform in Argentina. 

Users in Argentina can access OKX's non-custodial web3 wallet for DeFi activity, NFTs and dApp usage, according to statement. Argentinian users can also access the firm's peer-to-peer trading platform, OKX P2P, which will let verified regional customers enact trades with Spanish-language support and local payment options. 

"We're pleased to officially launch our latest expansion of our world-class crypto exchange and web3 wallet in one of Latin America's most vibrant crypto markets," OKX President Hong Fang said in the statement. "The immense promise of crypto and blockchain is expanding across Latin America, and Argentina represents a crucial launch pad for our regional growth strategy."

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

South Korean troubles

While the expansion in Argentina bolsters OKX's global reach, the firm faces potential trouble elsewhere in the world. The Block previously reported that South Korean authorities are investigating OKX for allegedly promoting its token trading platform Jumpstart without the right registration. 


Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

TAGS
OKX

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

Editor

To contact the editor of this story:
Nathan Crooks at
[email protected]