OKX, a Seychelles-based crypto exchange and Web3 technology company, has officially launched its operations in the United States on April 16, 2025. US residents will soon gain access to OKX’s centralized trading platform and Web3 wallet.

As part of their strategy to create a comprehensive crypto application, OKX will introduce new features throughout the year while migrating existing OkCoin customers to its platform. This expansion aims to enhance user experience by offering increased liquidity, advanced trading solutions, and reduced fees.

🇺🇸 Bringing a New Alternative to America 🇺🇸
We are officially launching in the US with our centralized exchange and a powerful multi-chain Web3 Wallet.
Roshan Robert will lead our expansion as US CEO, with our headquarters located in San Jose, California.
More details here

Currently, OKX ranks as the third-largest spot exchange platform with over $2.4 billion in daily trading volume. The company intends to establish a regional headquarters in San Jose to facilitate this expansion.

While a nationwide rollout is planned for later this year, OKX has commenced a phased onboarding process for new customers to ensure safety and efficiency.

OKX to Implement an International Compliance Program with Enhanced Due Diligence

OKX’s entrance into the largest financial market aligns with their vision to provide a secure, intuitive, and compliant trading platform for both novices and seasoned traders. This initiative follows a $500 million settlement with the Department of Justice earlier in February 2025 for operating without a money transmitting license in the US.

Moreover, OKX is also expanding in the Middle East with a recent announcement of a collateral mirroring program in collaboration with Standard Chartered, allowing institutional clients to use crypto as trading collateral.

Roshan Robert Appointed As CEO Of US Operations

In a move to strengthen its leadership, Roshan Robert, a former partner at Hidden Road, has been appointed CEO of OKX’s US operations. Expressing enthusiasm for this role, Robert stated, “We aim to broaden access to digital assets in a secure and compliant manner. We’re starting with a phased rollout for new customers, ensuring a smooth onboarding process, with a larger nationwide launch anticipated later this year.”

The OKX wallet supports over 130 blockchains and offers various trading modes, catering to traders of all experience levels. It features a DEX aggregator, providing access to over 10 million tokens on reputable chains like Ethereum, Solana, and more, alongside an AI-driven navigation feature for enhanced token discovery.

American users can start trading popular cryptocurrencies such as Bitcoin, USDT, and USDC while maintaining traditional finance connections through seamless bank account integrations.