Hong Kong SAR — OKX, a top-tier cryptocurrency exchange and Web3 innovator, has achieved a significant milestone with over 10,000 new user registrations in Hong Kong within one month of rolling out its upgraded mobile app. This marks the first exchange to publicly announce such growth since Hong Kong’s Virtual Asset Service Providers (VASP) licensing framework became effective on 1 June 2023.
Strategic Preparation Meets Market Demand
For over 18 months, OKX has strategically focused on:
- Talent acquisition and compliance infrastructure
- Technology upgrades and risk management systems
- Regulatory alignment with Hong Kong’s VASP requirements
This investment underscores OKX Hong Kong’s dual commitment to regulatory adherence and user-centric innovation, particularly in Web3 accessibility.
👉 Discover OKX’s compliant trading platform
Leadership Insights
Lennix Lai, OKX Global Chief Commercial Officer, shared:
"Hong Kong’s crypto community has responded exceptionally well to our enhanced platform. The surge in registrations reflects both market sophistication and the demand for regulated digital asset services. Regulatory compliance isn’t just a requirement—it’s a cornerstone of user trust and sustainable industry growth."
Key Features of OKX’s Enhanced App
Hong Kong users now enjoy:
- 16 major cryptocurrencies for trading and holding
- Institutional-grade security and risk controls
- Seamless integration with Web3 ecosystems
Celebratory Event with Manchester City
To commemorate this achievement, OKX Hong Kong will co-host an exclusive event with the Manchester City Official Supporters Club (Hong Kong Branch) on 22 July 2023. Highlights include:
- Football memorabilia exhibition
- Talks by local legends Siu Ki Chan and Wai Ho Chan
- Interactive games and community engagement
Follow OKX’s social media for updates.
FAQs
Q: Is OKX Hong Kong fully licensed under the new VASP regime?
A: OKX Hong Kong is actively pursuing its VASP license application while operating in full compliance with local regulations.
Q: Which cryptocurrencies are available on OKX Hong Kong’s app?
A: Users can trade 16 top-tier assets, including Bitcoin (BTC) and Ethereum (ETH).
Q: How does OKX ensure platform security?
A: OKX employs multi-layered encryption, cold storage solutions, and real-time monitoring to safeguard assets.
👉 Explore OKX’s secure trading features
Disclaimer: This content is for informational purposes only and does not constitute financial, legal, or tax advice. Digital assets carry risks; ensure they align with your financial capacity before trading.
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