OKX to Launch in Turkey: Crypto Exchange Announces Expansion Plans


OKX, a crypto exchange platform and leading Web3 provider, is planning to expand its global reach with a new office in Turkey.

In a press statement, the company said that this expansion was a major step in empowering users. The new exchange office is expected to be operational within the next few months.

OKX, founded in 2017, offers its customers worldwide the opportunity to trade spot, margins and derivatives.

The crypto platform, which was launched in 2017, has now grown to be one of the most popular crypto exchanges on the planet. The firm offers hundreds of crypto tokens on the spot, margin, and derivatives markets. The Company also offers DeFi gaming dApps, and an NFT Marketplace.

In a Press Release published on Monday, OKX has stated that it will have the office operational in the coming months.

“Opening an office in Turkey will be a crucial step for OKX as we move from a trust-based system to one that is trustless and empowers users to take control of their financial future. Turkey is an important market for us, and we’re excited to build strong relationships with our users and contribute to the development of its crypto ecosystem,” OKX President Hong Fang said in a statement.

OKX executives will also be speaking at the Blockchain Economy Istanbul Summit 2023. The summit, which is expected to take place from 8-11 May, 2023, will feature keynote speakers and panelists. The event will include a variety of crypto industry players including investors, entrepreneurs, and developers. Key Topics will include Web3 technology and Blockchain innovation.

The number of crypto users in Turkey has increased over the past few years. There are currently more than 13.6 million crypto holders. According to estimates, that’s 16% of Turkey’s population – making the country one of those with the largest number of people owning cryptocurrencies.

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