OKX Opens Licensed Crypto Exchanges in Germany and Poland, Here’s All

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Key Insights

  • OKX now offers over 270 digital assets and 60+ crypto-to-euro pairs in Germany and Poland.
  • Both exchanges are fully licensed, supporting euro deposits, staking, and automated trading.
  • OKX holds MiCA licensing and has released 31 consecutive monthly Proof of Reserves reports.

OKX has launched fully licensed centralized crypto exchanges in Germany and Poland, marking a strategic expansion into two of Europe’s most mature financial markets. The rollout comes under the framework of the European Union’s Markets in Crypto Assets (MiCA) regulation, granting OKX passporting rights across all 30 European Economic Area states.

OKX Europe CEO Erald Ghoos announced the development, calling it a foundational step for the exchange’s long-term regulatory positioning.

OKX Offers Over 270 Digital Assets and 60+ Euro Pairs

OKX confirmed that the newly launched platforms support more than 270 digital assets and over 60 euro-denominated trading pairs. These services cater to both retail and institutional investors in Germany and Poland.

Source: OKX

In addition, the product offering encompasses spot trading, staking facilities, and automated trading bots. This makes the offering comprehensive to the needs of active investors and traders.

These exchanges are localized to meet regional needs. The platforms support German and Polish language options across the website, mobile application, and customer service.

OKX emphasized that its goal is to provide intuitive and efficient user experiences. Whether for experienced traders or new entrants exploring the crypto ecosystem for the first time.

Furthermore, the decision to enter these two markets came as both countries show steady growth in crypto adoption. OKX selected Germany and Poland as the key parts of its European strategy because these countries have well-developed financial markets. Additionally, the countries are now experiencing an increased demand for digital asset services.

Both Exchanges Are Fully Licensed

More so, OKX has already received full regulatory licenses to operate in Germany and Poland. Such licensings enable the company to provide primary services, including the deposit and withdrawals of euros, staking of cryptocurrencies, and introducing automated trading tools.

Local compliance also covers the suite of Earn products offered by the exchange and tailored to European retail and institutional audiences.

Erald Ghoos noted that the platforms are built to be in line with the local financial and consumer protection requirements. This framework will allow OKX to directly serve users in every jurisdiction instead of using third parties or specialized functionality. Users can buy and sell digital assets using familiar tools, including simplified trading interfaces, staking dashboards, and automated strategies.

Additionally, OKX announced the appointment of Moritz Putzhammer and Gabriel Manduca to the positions of General Managers in Central Europe and Eastern Europe, respectively. Their roles focus on market development, regulatory engagement, and user outreach.

OKX Released 31 Consecutive Monthly Proof of Reserves Reports

Meanwhile, European expansion is the latest move by OKX after earlier approval by the EU under its Markets in Crypto Assets (MiCA) regulation. Having obtained MiCA licensing, the exchange will now work in all 30 countries of the European Economic Area (EEA) using the regulatory passporting mechanism provided by their system.

Moreover, the launch also marked a renewed focus on centralized finance (CeFi) offerings after the company paused certain DeFi services earlier this year. In March, OKX temporarily suspended Web3 operations in response to regulatory concerns, which included a review of services linked to third-party wallet activities.

The exchange stated at the time that the pause was precautionary and intended to align operations with evolving European standards.

OKX has maintained monthly Proof of Reserves reports, a disclosure procedure that lists the total assets held by the platform compared with customer obligations. By June 2025, the company had published 31 monthly reports in a row. OKX argued that such audits are the extension of its initiative to strengthen trust and accountability in centralized platforms.

Focus Shifts to Regulated Centralized Services in Europe

OKX’s move underscores a broader pivot toward compliant centralized offerings in the European Union. With the new licenses, the company aims to deepen its presence in the region while complying with MiCA obligations.

To mark the expansion, OKX held local events in Berlin and Warsaw. One featured a short film titled Mild Mild West, which illustrated the firm’s long-term vision for regulated digital finance in Europe.

With this launch, OKX joins a small group of exchanges holding full MiCA compliance. Bybit and Crypto.com are already licensed, while Binance and Kraken are still navigating the approval process.

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