OKX European expansion is upgraded: German and Polish markets officially launched

OKX has officially launched its fully regulated centralized exchange in Germany and Poland, enabling local users to trade over 270 crypto assets and 60+ euro trading pairs with localized support, including deposits, withdrawals, customer service, and learning resources. This marks a strategic step in OKX's European expansion, emphasizing compliance, user-centric services, and tailored solutions. Key highlights include:

  • Strategic Expansion: Germany and Poland are targeted as high-potential markets, with OKX appointing regional executives (Moritz Putzhammer for Central/Northern Europe and Gabriel Manduca for Eastern Europe) to drive compliance and user engagement.
  • Regulatory Milestones: OKX holds EU MiCA pre-authorization and MiFID II licenses, allowing it to serve 400M+ users across 28 European Economic Area countries via its Malta hub.
  • Global Footprint: Prior expansions include operations in the Netherlands, Belgium, Argentina, the U.S., and Brazil, alongside regulatory approvals in Dubai (VASP license) and Singapore (MAS MPI in-principle approval).
  • Commitment to Compliance: OKX emphasizes security with ISO 27001 certification and SOC 2 Type II audits, aligning with its mission to build a transparent, trusted crypto ecosystem.
Summary

On June 17, 2025, OKX's fully regulated centralized exchange officially started operations in Germany and Poland, where local users can trade more than 270 crypto assets, more than 60 Euro trading pairs, and enjoy localized deposit and withdrawal, German and Polish customer service and learning center support, marking a solid step in its European expansion strategy. OKX said that this move is not only a geographical expansion, but also a reflection of its commitment to "building the future of crypto in the right way", that is, providing safe, transparent and customized services that meet local needs.

Germany and Poland are highly promising growth markets in Europe. This means that in order to build a compliant and localized platform, OKX must not only meet regulatory requirements, but also respond to the three most important demands of users: excellent performance, simplicity and ease of use, and reliable trust. To promote the implementation of this strategy, OKX appointed Moritz Putzhammer as General Manager of Central Europe and Northern Europe, and Gabriel Manduca as General Manager of Eastern Europe. Both executives have profound experience in CeFi and DeFi, and have quickly begun to build a cooperative network, connect with regulators, and listen to and respond to user needs.

OKX Europe CEO Erald Ghoos noted: “The launch of fully regulated platforms in Germany and Poland is a significant step forward in OKX’s European expansion strategy. Our licenses allow us to tailor our products and services to the specific needs of users in each country, providing customers with greater value, enhanced security, and more efficient access.” The move is aimed at capturing the growing cryptocurrency adoption and market potential in these two economies.

Before officially opening its business in Germany and Poland, OKX had completed registration and localized operations in key European markets such as the Netherlands and Belgium, and launched services in key global markets such as Argentina, the United States, and Brazil. This year, OKX took the lead in obtaining the EU MiCA pre-authorization and obtained the MiFID II license in March, becoming one of the few exchanges that holds two top EU regulatory qualifications. With the help of the Malta hub, OKX can provide regulated services to more than 400 million users in 28 European Economic Area (EEA) member states.

In the past two years, OKX's Middle East affiliate has obtained a VASP license issued by Dubai VARA; its Singapore subsidiary has obtained MAS's large payment institution (MPI) license in principle approval, and has successively passed the ISO 27001 certification, 2023 and 2024 SOC 2 Type II audits, continuously improving its security and compliance capabilities to international standards.

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Author: OKX

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