OKCoin Exchange Widens Its USA Reach To Alabama, Georgia, Missouri And Montana

OKCoin Widens Its Reach To Alabama, Georgia, Missouri, And Montana

Adding to the list of 20 states, crypto exchange OKCoin announced that they are expanding their services to 4 more, namely, Alabama, Georgia, Missouri, and Montana. Both fiat-to-token and token-to-token trading are now available.

We are excited to announce that fiat-to-token and token-to-token trading is now available in four new states: Alabama, Georgia, Missouri, and Montana. Check out our official announcement: https://t.co/nR9xvizsRk. #cryptocurrency pic.twitter.com/AaYZs5ih6r

— OKCoin (@OKCoin) April 8, 2019

For a list of all the areas of operation in the United States, you can refer here. Notably, they can serve all the countries in the world, except the following countries: Cuba, Iran, North Korea, Crimea, Sudan, Syria, Malaysia, Bangladesh, Bolivia, Ecuador, and Kyrgyzstan.

Currently, OKCoin accepts USD withdrawals and deposits. Additionally, they offer trading against Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and Ethereum Classic (ETC). More trading pairs will soon be added.

OKEx will soon launch P2P OTC Bitcoin trading offerings with various fiat currency support, instead of a standard exchange model. If and when this really comes to pass, it will be interesting to see if the regulators at the People’s Bank of China will allow this to go on or just update the wording of the ban to include P2P exchanges. At any point, considering the huge importance Chinese trading had on the global Bitcoin market up until the ban, once the direction becomes known it will surely affect prices, in the short term at least.

Earlier this week the exchange announced the launch of OKCoin Premier, a service dedicated to the top traders on the platform. The premier version of the exchange is set to offer premium benefits to customers with trades of at least $100,000 USD in the last 30 days. The benefits further include premium access to the global liquidity pool on the platform.