In the words of OKX President Hong Fang, “We're excited to officially launch our localized platform and services in Brazil, which represents the largest cryptocurrency market in Latin America. Our exchange now offers BRL rails, deep liquidity, tools, security and transparency that Brazilian traders want.”
Seychelles-based crypto giant OKX has expanded its services to Brazil by launching an exchange and Web3 wallet platform in the nation.
In the press release, OKX said its new platform will provide secure crypto trading and staking facilities alongside advanced DeFi-integrated services to clients based in Brazil. OKX has also added fiat on-ramp capabilities for the Brazilian Real to its exchange.
The second product, the OKX Wallet, will be accessible directly from OKX’s platform. Besides allowing Brazil-based clients to access DeFi products, the OKX Wallet will also support dApps and NFT trading.
OKX highlighted that its wallet is compatible with Multi-Party Computation and Account Abstraction facilities, the latter of which is a highly anticipated feature that was added to the Ethereum (ETH) blockchain earlier this year.
Written by
Ayush Pande
Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.
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