OKX App隆重升级，为香港用户虚拟资产现货交易的安全性保驾护航
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OKX App隆重升级，为香港用户虚拟资产现货交易的安全性保驾护航
OKX has completed its app upgrade, providing Hong Kong users with secure and reliable virtual asset spot trading services, in compliance with Hong Kong's Virtual Asset Service Provider (VASP) regulations.
Navigating Web3 tides with focused insightsOn May 25, 2023, OKX, the world’s second-largest digital asset exchange by trading volume and a leading Web3 technology company, completed an app upgrade to provide Hong Kong users with secure and reliable spot virtual asset trading services in compliance with Hong Kong's Virtual Asset Service Provider (VASP) regulations.
The OKX app now supports Hong Kong users in buying, selling, and holding 16 major cryptocurrencies, while maintaining the high standards of platform security, trading technology, and risk control measures expected by traditional financial exchanges in Hong Kong.
Earlier this year, OKX announced the establishment of a local Hong Kong entity and its intention to apply for a VASP license under Hong Kong’s new regulatory regime effective June 1, 2023. Over the past year, OKX has enhanced its operational and monitoring systems and worked closely with Hong Kong regulators, demonstrating that it meets stringent VASP requirements regarding security, asset custody, anti-money laundering, and compliance capabilities.
OKX is also one of the major cryptocurrency exchanges that publishes monthly proof-of-reserves through its Proof of Reserves program. The latest upgrade employs zk-STARK zero-knowledge scalable transparent arguments of knowledge, enabling users to independently verify the exchange’s solvency and confirm that their assets are fully backed by OKX reserves. According to OKX’s April Proof of Reserves report, OKX held a total of $10.4 billion worth of Bitcoin, Ethereum, and USDT.
Lennix Lai, Global Chief Business Officer at OKX, said: “We believe every Hong Kong user deserves access to a reliable and easy-to-use application to explore the world of digital currencies. OKX has always been committed to delivering the safest and most straightforward crypto trading experience while complying with the latest VASP regulations set by the Hong Kong Special Administrative Region government. We will continue collaborating with Hong Kong regulators to advance our license application under the new VASP framework and actively support the government’s vision by investing resources to help establish Hong Kong as a thriving virtual asset hub.”
Hong Kong users can now buy, sell, and exchange 16 major digital assets on the OKX app, including Bitcoin (BTC) and Ethereum (ETH). Transactions can be made using Hong Kong dollars via peer-to-peer (P2P), or through third-party providers such as Apple Pay, Visa, and Mastercard. In line with guidance from the Hong Kong Securities and Futures Commission, OKX plans to roll out additional features over the coming months to deliver a richer and more diverse digital asset trading experience.
Since its founding in 2017, OKX has processed over $1 trillion in total trading volume and achieved institutional-grade security and compliance standards.
About OKX
OKX is the world’s second-largest cryptocurrency exchange by trading volume and a leading Web3 ecosystem. Its fast and reliable cryptocurrency trading app has earned strong popularity among global investors and professional traders.
As principal partner of Premier League champions Manchester City FC, McLaren F1 Team, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to enhance fan engagement by creating new interactive opportunities. OKX is also the title partner of the Tribeca Film Festival, supporting creators in their journey into the Web3 space.
Beyond exchange services, OKX’s recently launched Web3 Wallet empowers users trading GameFi and DeFi tokens to explore the worlds of NFTs and the metaverse.
For more information about the OKX platform, download the OKX app or visit: official website
Disclaimer
This announcement is for informational purposes only. It does not constitute investment, tax, or legal advice, nor should it be construed as an offer to buy, sell, or hold digital assets. Holding digital assets, including stablecoins, involves significant risks and values may fluctuate considerably; you could lose your entire investment. Please carefully consider whether trading or holding digital assets is suitable for your financial situation. If you have any questions regarding your specific circumstances, consult your legal, tax, or investment advisor.
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