Malta-based OKEx, one of the most popular cryptocurrency exchanges in the world, has today announced the launch Thai Baht (THB) and British Pound (GBP) on its over-the-counter (OTC) trading platform.
This introduction of the two currencies will allow verified customers in the UK and Thailand to trade fiat-to-cryptocurrencies on OKEx OTC trading platform. Users will only become eligible to use the platform after completing the know-your-customer (KYC) verification.
On the OKEx OTC trading platform, customers can place orders and trade digital financial assets using a self-selected exchange rate and payment methods.
OKEx’s Head of Operations, Andy Cheung, commented on the introduction of the new currencies noting that OKEx’s mission is to offer flexibility and convenience to its customers.
“Our mission is simple at OKEx. We aim to offer flexibility and convenience to our traders,” he said while adding that “Thailand and the UK own the fastest growing crypto communities in the world We see great potential in these two markets and want to support the needs there.”
The OKEx OTC trading platform already has support for the Chinese Renminbi (CNY) and Vietnamese Dong (VND), which facilities fiat-to-cryptocurrency trading. According to the press release, the exchange will launch more fiat currencies this year.
“Wherever the market potential locates, we will expand to there. In 2019, you can expect more currencies will be supported on OKEx,” Cheung concluded.