OKX is a global cryptocurrency spot and derivatives exchange. It was founded by Star Xu in 2017. OKX is owned by OK Group, which also owns crypto exchange Okcoin. It is not currently available to US-based investors. The company's CEO is Star Xu and its CMO is Haider Rafique.

The Company Statement
February 01, 2024

Crypto exchange OKX closes access to some of its products to Russian users. Selected Earn offers, Shark Fin and Double Investment products will not be available to OKX users in Russia. Crypto exchange OKX reopened access to the site for Russian users, on August 7 Roskomnadzor of Russia restored user access to the okx.com platform. On August 29, 2023 one of the world's largest crypto exchanges, OKX, closed the possibility for customers to carry out transactions using the Russian ruble on its P2P platform. At the end of 2023, the growth of traffic from the Russian Federation on the OKX cryptocurrency exchange amounted to about 400% - from 250,000 to almost 1.25 million visits. This is evidenced by data from the SimilarWeb analytical service.

May 13, 2024In April 2024, Russia accounted for up to 25% of traffic on the largest crypto exchanges
August 29, 2023Crypto exchange OKX, following Binance, announced restrictions for Russians
August 29, 2023KuCoin exchange closes operations with Russian banks on p2p platform
August 28, 2023Transactions with cards of sanctioned banks became unavailable on OKX and Bybit
July 18, 2023Crypto exchange OKX restored access for Russian users
June 20, 2023OKX closed access to its products to Russians
June 20, 2023Bitcoin exchange OKX has limited services for citizens of the Russian Federation
October 05, 2022Russia blocked access to the OKX exchange
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