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I'm thrilled to share that we have launched our Australian dollar (AUD) trading order books today. OKX customers in Australia will be able to trade major cryptocurrencies USDT, USDC, BTC and ETH, against AUD.
As the General Manager of OKX Australia, I'm so proud that we are now the largest global exchange (by trading volume) to offer order book-based AUD pairs for spot trading in the country. We've introduced AUD pairs to meet customer demand as we continue to fulfil our commitment to bringing an enhanced trading experience, flexibility and new market opportunities to the market.
We believe that offering local fiat trading capabilities is crucial to driving adoption and development of the local crypto ecosystem. With this new offering, our Australian customers will be able to seamlessly trade between AUD, stablecoins and the most popular cryptocurrencies.
Since we launched our platform in Australia in May, we've offered spot trading for all local customers and derivatives trading for verified wholesale clients. We've also enabled AUD deposits and withdrawals via local Australian banks, along with our express buy and sell services for our local customers. The latest addition of our AUD order books is a further step on our journey towards providing the best localised products possible for Australian customers.
Looking ahead, we'll continue to invest and introduce new, tailored products to help us realize our vision and provide the best possible experience for our growing community of Australian crypto enthusiasts. Stay tuned for more updates!
Written by Erald Ghoos, Europe CEO, OKX I have some incredible news for OKX — we’re the first global exchange to secure a MiCA (Markets in Crypto-Assets Regulation) license! This means that we’re set to roll out regulated products and services, such as our OKX Exchange and the rest of our core services to over 400 million people across Europe, through our European Economic Area (EEA) hub in Malta. The announcement is a major milestone for OKX, a win for crypto in Europe, and a testament to the growth and mass adoption of the industry at scale.
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