• OKCoin will not be charging a fee for any transactions until September 4, 2019.
  • OKCoin also announced the opening of a new office in Malta.

Leading fiat- focused crypto exchange OKCoin has recently announced that it will now allow crypto trading in Euro for traders outside of the U.S. Leading digital assets like Bitcoin, Ethereum and Bitcoin Cash, with more digital asset pairs will be added soon to the exchange. OKCoin will not be charging a fee for any transactions until September 4, 2019. 

OKCoin also announced the opening of a new office in Malta, an EU member state also known as "Blockchain Island" for its comprehensive government initiatives to provide a sound regulatory framework for blockchain enterprises. OKCoin General Manager, Jovan Gavrilovic will head the office. The company also has plans to expand its presence to support the company's rapid growth throughout the rest of the world. 

Gavrilovic said: 

"Europe is essential to the evolution of the cryptocurrency markets. While maintaining a balanced regulatory approach, the EU has produced many progressive ideas for innovating and disrupting the status quo of the global financial system. We are very pleased to bring Virtual Financial Assets, as defined in Malta, to the European market in a secure and reliable manner, enabling users in Europe to trade cryptocurrencies for euros easily and safely."

OKCoin has acquired the Virtual Finance Asset (VFA) license with the Malta Financial Services Authority (MFSA). The company will work with governments and regulators throughout the world for the protection of traders and the entire industry. The company's Malta office is part of the chiliZ Blockchain Campus, an accelerator and hub connecting some of the industry's largest stakeholders across Asia and Europe.

After achieving success in the Chinese market, OKCoin relaunched in the United States in July of 2018 when relocating its headquarters to San Francisco and offering trading services between U.S. dollars and several major digital assets or Convertible Virtual Currencies. The launch of euro-to-token trading will confirm safe, secure and trusted token trading to traders and institutions throughout the world.


 


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

TRON gains 10% in 2024, supply of stablecoins reaches over $50 billion in Q1

TRON gains 10% in 2024, supply of stablecoins reaches over $50 billion in Q1

TRON, a blockchain-based digital platform, has seen positive growth in the first quarter of 2024, as seen in a Messari report. TRON noted gains across several metrics like market capitalization, revenue and total value locked. 

More Tron News

XRP hovers near $0.50 as Ripple CTO addresses concerns related to stablecoin launch

XRP hovers near $0.50 as Ripple CTO addresses concerns related to stablecoin launch

XRP is hovering near $0.53 on Friday, spending nearly all week below $0.55. Ripple CTO David Schwartz addressed concerns on stablecoin and XRP utility on Thursday. 

More Ripple News

Terraform Labs set to restrict access for users in the US after recent ruling in SEC lawsuit

Terraform Labs set to restrict access for users in the US after recent ruling in SEC lawsuit

Blockchain company Terraform Labs said Thursday that it will restrict access to some of its products and services for US-based users as it expects to receive a court order soon in light of its legal battle against the US Securities and Exchange Commission (SEC).

More Terra News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

More Bitcoin News

Bitcoin: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin: BTC’s next breakout could propel it to $80,000

Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read full analysis

BTC

ETH

XRP