Crypto exchange OKX rolls out services in Belgium to strengthen European presence

OKX is expanding its presence in Europe with the launch in Belgium, offering free Euro deposits through a partnership with local payments provider Bancontact.

Seychelles-based crypto exchange OKX has launched its services in Belgium, offering spot trading, conversion and various crypto services through its exchange and wallet.

Belgian customers now have access to more than 200 cryptocurrencies, including Euro deposits and withdrawals, as well as more than 60 crypto-euro trading pairs, the company said in a Nov. 28 press release.

The exchange says the expansion into Belgium allows customers to deposit funds instantly and free of charge by leveraging Belgium’s online payment system, Bancontact. Withdrawals and deposits from SEPA can also be made free of charge.

OKX Europe managing director Erald Ghoos said the launch in Belgium was “an important step in our regional expansion, supported by a local team and dedicated services that meet the unique needs of Belgian customers.”

The Belgian launch is part of OKX’s wider strategy to increase its presence in Europe. The exchange debuted in the Netherlands in early 2024 and announced plans to establish a regulatory center in Malta, where it obtained its Class 4 Virtual Financial Assets license, in 2021. The exchange said it plans to list additional tokens for Belgian users. ongoing product expansion, but details of this initiative have not yet been announced.