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Cryptocurrency Exchange

OKCoin Announces token-to-token and Fiat-to-token exchanging in Seven New States

OKCoin, the largest regulated Crypto exchange, now offers fiat-to-token and token-to-token exchanging in seven new states, such as Kentucky Arkansas, Mississippi, Iowa, Utah, and Wisconsin. Further, OKCoin caters to fiat trading in significant digital resources, which includes Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, and Litecoin.

OKCoin is one of the world’s largest and first regulated digital asset exchanges, with more than million of clients in 100 nations around the globe. Established in 2013, they provide service to institutions and traders as a fiat-to-token exchanging platform for leading digital assets, which includes Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum, and Litecoin, with many more prominent resources.

Besides, offering quick trades and industry-driving support and expertise, their main goal is to eliminate the trading hindrances and improve transaction proficiency while adhering to the highest regulatory guidelines in the US and around the world. Currently, OKCoin provides fiat exchanging with leading digital assets, which incorporates practically all digital currencies.

OKCoin raised many million dollars for initial speculations from various funding organizations in China and the United States, among different regions. Since its founding, OKCoin has advanced into one of the biggest cryptocurrency exchanges on the planet by client base and exchange volume. Additionally, it has extended with lending app service and mobile consumer payment.

Earlier, OKCoin was affected by the Chinese government’s repression on digital currency exchanges. Alongst Huobi, one of the leading cryptocurrency exchange and rival in China, OKCoin reported on 2017 September that it would stop its exchanging services for its local clients, as per the government’s new guidelines. Furthermore, OKCoin carries on with its cryptocurrency exchange for non-Chinese clients, and it was broadly speculated that a majority of Chinese speculators in the crypto space would move in the direction of overseas transactions for their trading.

Currently, OKCoin’s upward trend in the cryptocurrency world has been met with various barriers, including different regulatory issues and controversies. Nevertheless, the leaders of OKCoin have clarified their goals to continue providing service in an ideal manner that they are capable of, and the exchange stays as a global center point of cryptocurrency exchange.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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