Chinese Exchange OKcoin Rolls Out Fiat/Crypto Trading in the US

Chinese Exchange OKcoin Rolls Out Fiat/Crypto Trading in the US

Exchange News
July 13, 2018 by Ian Moore
1081
  OKCoin International, the global version of Chinese cryptocurrency exchange OKCoin.cn, has launched a fiat-to-crypto trading platform in the US. The exchange started the new offering with support for USD deposit and withdrawal as well as trading against Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ethereum classic, according to the official announcement. OKCoin filed a money
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OKCoin International, the global version of Chinese cryptocurrency exchange OKCoin.cn, has launched a fiat-to-crypto trading platform in the US.

The exchange started the new offering with support for USD deposit and withdrawal as well as trading against Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ethereum classic, according to the official announcement.

OKCoin filed a money service business (MSB) registration with the US Financial Crimes Enforcement Network (FinCEN) in November 2017. The document shows that the legal entity behind the exchange is called OKCoin USA Inc. and is based in Mountain View, California, according to CoinDesk.

According to a statement on its website, the OKCoin fiat-to-crypto trading service is currently limited to investors in California but will be rolled out to other states in the near future.

 


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