OKX has completed a significant upgrade to its mobile application, providing Hong Kong users with enhanced security and reliability for virtual asset spot trading services while complying with Hong Kong's Virtual Asset Service Provider (VASP) regulations.
Secure Virtual Asset Trading Services
The upgraded OKX App now enables Hong Kong users to buy, sell, and hold 16 major cryptocurrencies while maintaining the high security standards characteristic of Hong Kong's traditional financial exchanges. Key features include:
- Institutional-grade platform security
- Advanced trading technology
- Robust risk control measures
👉 Experience secure crypto trading with OKX's upgraded platform
Compliance with Hong Kong Regulations
OKX established a Hong Kong entity earlier this year and is applying for a VASP license under Hong Kong's new regulatory framework. The exchange has dedicated significant resources to:
- Enhancing operational and monitoring capabilities
- Strengthening collaboration with Hong Kong regulators
- Implementing Proof of Reserves (PoR) with zk-STARK technology
The April PoR report verified OKX holds $10.4 billion in BTC, ETH, and USDT reserves.
Leadership Perspective
Lennix Lai, Global Chief Commercial Officer at OKX, stated: "We believe every Hong Kong user deserves reliable access to explore digital assets. Our upgraded App delivers secure, user-friendly trading while fully complying with Hong Kong's VASP requirements. We remain committed to supporting Hong Kong's development as a virtual asset hub."
Available Trading Options
Hong Kong users can access multiple convenient deposit methods:
- HKD transfers
- P2P trading
- Third-party payments (Apple Pay, Visa, Mastercard)
Supported assets include:
- Bitcoin (BTC)
- Ethereum (ETH)
- 14 other major cryptocurrencies
👉 Start trading 16+ cryptocurrencies securely
Company Background
As the world's second-largest cryptocurrency exchange by trading volume, OKX has processed over $1 trillion in total transactions since 2017. The platform combines:
- Web3 ecosystem leadership
- Sports partnerships (Manchester City, McLaren F1)
- Cultural collaborations (Tribeca Festival)
- Innovative products like OKX Web3 Wallet
Frequently Asked Questions
What cryptocurrencies can Hong Kong users trade on OKX?
Hong Kong users can trade 16 major cryptocurrencies including BTC and ETH, with plans to expand offerings in line with SFC guidelines.
How does OKX ensure fund security?
OKX implements Proof of Reserves using zk-STARK technology, allowing users to independently verify the exchange's solvency and 1:1 backing of assets.