Cryptocurrency Q&A
Is OKX banned in Australia?
Is OKX banned in Australia?
SsamziegangSerenadeMelody
Wed May 08 2024
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5 answers
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Could you please clarify the current situation regarding OKX in Australia? I've heard conflicting reports about its legality in the country and I'm trying to understand if it's actually banned or not. I'm particularly interested in whether Australian residents are allowed to use OKX for cryptocurrency trading and if there are any specific regulations or restrictions they need to be aware of. Could you provide some insight into this matter? I would greatly appreciate any information you can share about the legality of OKX in Australia.
5 answers
Enrico
Fri May 10 2024
Starting from March 20th, 2024, OKX platform will implement new regulations.
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Alessandro
Fri May 10 2024
Australian residents using OKX will be required to undergo identity verification.
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Michele
Fri May 10 2024
This verification process is essential for compliance with regulatory requirements.
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lucas_clark_artist
Thu May 09 2024
Users who complete the verification and agree to the updated terms can continue using OKX.
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Stefano
Thu May 09 2024
Additionally, BTCC, a UK-based cryptocurrency exchange, offers comprehensive services.
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