• 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.


 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin regains safe-haven status, moves in sync with gold amid coronavirus scare

Bitcoin (BTC) resumed the upside after a short-lived consolidation period. The first digital currency has gained over 3% of its value in recent 24 hours to trade at $8,620 at the time of writing.

More Bitcoin News

Bitcoin Gold jumped by 30% amid the news of 51% attack

Bitcoin Gold (BTG), now the 35th digital asset with the market value of $200 million, has gained over 14% in the recent 24 hours to trade at $11.82 at the time of writing. 

More Bitcoin Gold News

Ethereum Classic defies gravity with 17% growth

Ethereum Classic, the 11th largest digital asset with the current market capitalization of $1.18 billion, has gained over 14% in the recent 24 hours to trade at $10.17, off the intraday high hit at $10.32. ETC/USD is one of the best-performing assets.

More Ethereum Classic News

Ripple's report reveals a real use case for XRP and other mathor cryptocurrencies

Ripple's XRP, the third-largest digital asset with the current market value of $10 billion, is changing hands at $0.2284, down from the intraday high of $0.2334. XRP/USD has gained over 3.5% in recent 24 hours in line with the global sentiments improvement.

More Ripple News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Bitcoin bulls and bear fight gets a tougher edge

The cryptocurrency market started the downside correction after a strong rally initiated by risk reversal play at the beginning of January and reinforced by various altcoin pumps...

Read the weekly forecast

BTC

ETH

XRP