• OKX announced that it will open an office in Australia.
• The announcement was made at an event for the crypto community in Melbourne, Australia.
• Oscar Piastri and Lando Norris will be driving the OKX-sponsored McLaren F1 Team car at the Australian Grand Prix on March 30th.

OKX To Open Office In Australia

OKX, the second-largest crypto exchange by trading volume, has announced that it will open an office in Australia in the coming months. The announcement was made at a special event for Australia’s crypto community held at the Melbourne Arts Centre, which was attended by OKX Ambassadors Scotty James and Daniel Ricciardo.

Australian Grand Prix Sponsorship

The Australian Grand Prix is scheduled to take place on 30 March and will feature the OKX-sponsored McLaren F1 Team car driven by Australians Oscar Piastri and Lando Norris.

Commitment To Trust And Transparency

OKX has demonstrated its commitment to trust and transparency by publishing Proof of Reserves (PoR) on a monthly basis. According to third party data, OKX holds USD$8.9 billion of 100% clean reserves –the largest among major exchanges– which can be self-verified with trustless tools on their website.

Why Is This Important?

Haider Rafique, Chief Marketing Officer at OKX said: “Our ambition is straightforward – to become the leading crypto platform in the world…With such a strong uptake of crypto in Australia already, we’re committed to the local market and aim to build a strong local office.“ Scotty James, Olympic snowboarder from Australia added: “Crypto never sleeps, and OKX continues to build its community…Australia is a special place for crypto”

About OKX

OKX is a world-leading technology company building solutions for Web3 users worldwide. Its secure trading platform is trusted by more than 50 million users globally while its self-custody solutions provide users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi protocols, GameFi projects and thousands of decentralized applications (dApps).