Pavlo Kot

OKX restricts Onchain Spot and Perpetual trading access in USA and EEA

OKX restricts Onchain Spot and Perpetual trading access in USA and EEA
OKX limits onchain trading to select areas

OKX has announced that its Onchain Spot and Perpetual trading services are only available in certain jurisdictions, and are not accessible to users in the USA or EEA. Traders are advised to verify their local eligibility before accessing these services.

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OKX stated that its Onchain Spot and Perpetual trading services are currently accessible only in selected jurisdictions. Users in the USA and the EEA are specifically excluded from accessing these services. The announcement advises traders to confirm their eligibility according to local regulations before engaging in these trading activities. No additional details regarding eligibility criteria or affected regions were disclosed.

OKX (also known as OKEX) is an international cryptocurrency exchange established in 2017, offering trading in over 100 cryptocurrencies including BTC, ETH, LTC, and XRP. The platform provides various investment programs, options to earn passive income, educational resources, multi-language support, and a mobile app, while employing both cold and hot wallets for enhanced security. For more details, see the broker profile on Traders Union.

For a deeper look at OKX's recent innovations, you can read our earlier news about OKX's introduction of grid trading bots that automate cryptocurrency buy and sell strategies in the previous OKX update on Traders Union.

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