OKEx launches GBP and THB fiat currencies for OTC trading

23 Jan, 2019 | Updated: 23 Jan, 2019
by Ryan Boltman
News
OKEx launches GBP and THB fiat currencies for OTC trading

OKeX has announced the addition of two new fiat currencies to their over the counter (OTC) trading platform this week. 

The press release means British and Thai customers will be eligible to complete know your customer (KYC) verification and trade on the OTC platform.

The addition of the British Pound (GBP) and Thai Baht (THB) means that OKeX OTC platform now includes four fiat currencies with the Vietnam Dong (VND) and Chinese Renminbi (CNY) already operation on the OTC platform. Users will be able to trade GBP and THB fiat pairs with BTC, ETH, LTC, and USDT.

Read More: OKEx supports margin trading for TRON on their platform

OKeX head of operations Andy Cheung commented on the additional trading currencies, saying "Our mission is simple at OKEx. We aim to offer flexibility and convenience to our traders. 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. Because of the increasing trading volume and number of traders in these two countries, we decided to launch the new THB and GBP trading services on our OTC trading platform. Wherever the market potential locates, we will expand to there. In 2019, you can expect more currencies will be supported on OKEx,"

OKeX will be holding Network Launch events in Bangkok, Thailand and London, UK over the next two months. The company has also mentioned that there will be more fiat currencies added to the OTC platform in the future.

Read More:  Stock Exchange of Thailand set to apply for a cryptocurrency license

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