Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market.

According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post:

“Today, I’m thrilled to announce the launch of OKX’s centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of our regional headquarters in San Jose, California.“

All existing Okcoin users will be migrated to the new platform, which Robert said will lead to a better overall experience. The promised improvements include deeper liquidity, lower fees and advanced trading tools.

Source: OKX

Related: Standard Chartered and OKX pilot crypto, tokenized fund collaterals

Step by step

OKX will not roll out the upgrade in one shot. Instead,

Read More at https://cointelegraph.com/news/okx-enters-the-united-states-market-following-505-m-settlement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound