One of the biggest cryptocurrency exchanges, Okx, has declared that it is going to begin operations in Argentina. Along with its self-custody Web3 wallet, the exchange said that it is opening its trading platform and peer-to-peer (P2P) markets in the nation. It will also provide local traders with a localized experience and technical support in their native language
Okx Arrives in Argentina’s “Crucial” Latam Market
One of the biggest cryptocurrency exchanges, Okx, just revealed that it is now operating in Argentina. The exchange will provide its full range of services to Argentines, which will include a peer-to-peer (P2P) cryptocurrency market and an exchange platform that is tailored to the region. Additionally, customers will have access to a customer assistance tool in Spanish for negotiating trades.
Another product that Okx is introducing to Argentina is a self-custody Web3 cryptocurrency wallet that enables users to access decentralized finance (defi) protocols, run decentralized apps, and handle non-fungible tokens (NFT).
The president of Okx, Hong Fang, stated that the company was excited to enter one of the busiest cryptocurrency marketplaces in Latin America and emphasized the need of localizing content for each region the exchange serves.
Fang said:
Our user-centric approach seeks to expedite adoption by prioritizing local needs, since we are pioneers at the intersection of technology and banking.
Fang further clarified that the potential of cryptocurrency was growing throughout Latin America and identified Argentina as a key launching point for its regional expansion plan.
Alejandro Estrin, the country manager for Okx Argentina, said that Okx aimed to encourage responsible cryptocurrency innovation among institutional and retail users by offering all of the exchange financial solutions.
When Okx arrived in Brazil in November, he decided to use it as the gateway to Latin America.
because of how big the local market is. At the time, Fang highlighted the strong adoption rates of cryptocurrencies in Latin America and mentioned the use of bitcoin by Argentines, who claimed to have leveraged it to guard their money against depreciation and inflation.
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