Expert verified

5 min read

OKX deploys crypto exchange and Web3 wallet for Brazilian clients

Published date:

July 8, 2025

/

Updated on:

July 8, 2025

OKX deploys crypto exchange and Web3 wallet for Brazilian clients

Our Editorial Standards:

Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Editorial Process and Risk Warning.

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.

OKX, the second largest offshore exchange, has announced the launch of its cryptocurrency exchange and Web3 wallet platform in Brazil, which offers features like staking rewards and DeFi integration. https://t.co/wHzKSXlkWb
— Wu Blockchain (@WuBlockchain) November 27, 2023

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.

‍

Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox

‍

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.

Connect with Ayush on LinkedIn

How we reviewed this article

All Bitcompare articles go through a rigorous review process before publication. Learn more about our Editorial Process and Risk Warning.

Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

Bitcompare is a trading name of Blue Venture Studios Pte Ltd, 68 Circular Road, #02-01, 049422, Singapore.

Advertiser disclosure: Bitcompare is a comparison engine that relies on advertising for funding. The business opportunities that can be found on this site are offered by companies with which Bitcompare has made deals. This relationship may affect the way and where products appear on the site, such as in what order they are listed in categories. Information about products may also be placed based on other factors, such as the ranking algorithms on our website. Bitcompare does not look at or list all companies or products on the market.
‍
Editorial disclosure: The editorial content on Bitcompare is not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. The opinions expressed here are the author’s alone. Additionally, the opinions expressed by the commenters do not necessarily reflect those of Bitcompare or its staff. When you leave a comment on this site, it will not show up until a Bitcompare administrator approves it.

Warning: The price of digital assets can be volatile. The value of your investment can go down or up, and you may not get back the amount invested. You are the only one who is responsible for the money you invest, and Bitcompare is not responsible for any losses you might have. Any APR shown is a rough estimate of how much cryptocurrency you will earn in rewards over the time period you choose. It does not display the actual or predicted returns or yields in any fiat currency. The APR is adjusted daily, and the estimated rewards may differ from the actual rewards generated. The information on this page is not meant to be a sign from Bitcompare that the information is correct or reliable. Before making any investment, you should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult with an independent financial advisor. Links to third-party sites are not under the control of Bitcompare, and we are not responsible for the reliability or accuracy of such sites or their contents. For more information, see the Terms of Service for Bitcompare and our Risk Warning.