{"id":196323,"date":"2023-11-27T13:39:26","date_gmt":"2023-11-27T13:39:26","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=196323"},"modified":"2023-11-27T13:39:26","modified_gmt":"2023-11-27T13:39:26","slug":"okx-launches-crypto-exchange-wallet-services-in-brazil","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/crypto\/okx-launches-crypto-exchange-wallet-services-in-brazil\/","title":{"rendered":"OKX launches crypto exchange, wallet services in Brazil"},"content":{"rendered":"

Cryptocurrency exchange and Web3 developer OKX announced\u00a0the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform.\u00a0<\/p>\n

On Nov. 27, the company said it is focusing on providing a gateway to decentralized finance (DeFi) and crypto trading with Brazilian real fiat-on ramp capabilities. <\/p>\n

Guilherme Sacamone, the general manager of OKX Brazil, commented that the Brazilian market has \u201cenormous potential\u201d to lead in crypto adoption and DeFi. <\/p>\n

\u201cWe know that Brazilians expect fast and liquid trading, along with a secure self-custody wallet solution, all in one app.\u201d<\/p><\/blockquote>\n

OKX cites a recent survey that found 92% of Brazilian respondents want \u201cclear and transparent information\u201d about their investment security. The study also showed that 86% agreed that proof-of-reserves can make a positive impact on cryptocurrency market legitimacy and maturity.<\/p>\n

Sacamone told Cointelegraph :<\/p>\n

“With OKX’s launch in Brazil, we’re not just expanding globally; we’re committing to Brazil’s crypto community.”<\/p><\/blockquote>\n

Related: <\/em><\/strong>Latin America takes global lead in preference for centralized exchanges: Report<\/em><\/strong><\/p>\n

According to data from Chainalysis, in 2023, Brazil was one of the largest cryptocurrency markets in Latin America, alongside Argentina and Mexico. The data puts Brazil in ninth place for overall global crypto adoption. <\/p>\n

<\/p>\n

Some of the exchanges currently available to users in the Brazilian market include eToro, Bybit, Kraken, Mercado Bitcoin and Binance. Data also shows Brazil leads the region in decentralized exchange and other DeFi-related activity. <\/p>\n

Over the last year, the country has seen a particular uptick in adoption of the stablecoin Tether (USDT), which accounted for 80% of all crypto transactions, according to the country\u2019s revenue service agency. <\/p>\n

Recently, Jos\u00e9 Ribeiro, the CEO of crypto exchange Coinext,\u00a0spoke with Cointelegraph in an interview, saying that Brazil\u2019s crypto regulatory environment is driving \u201ccompetitiveness,\u201d which he says has increased \u201cincredibly.\u201d<\/p>\n

Brazil is one of 47 countries \u2014 and one of only two South American countries \u2014 pledging\u00a0to authorize\u00a0the Crypto-Asset Reporting Framework\u00a0by 2027 in cooperation with the Organisation for Economic Cooperation and Development.<\/p>\n

Magazine: <\/em><\/strong>This is your brain on crypto: Substance abuse grows among crypto traders<\/em><\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency exchange and Web3 developer OKX announced\u00a0the expansion of its services for users in the…<\/p>\n","protected":false},"author":4,"featured_media":196322,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nOKX launches crypto exchange, wallet services in Brazil - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/crypto\/okx-launches-crypto-exchange-wallet-services-in-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKX launches crypto exchange, wallet services in Brazil - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"Cryptocurrency exchange and Web3 developer OKX announced\u00a0the expansion of its services for users in the...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tokenstalk.info\/crypto\/okx-launches-crypto-exchange-wallet-services-in-brazil\/\" \/>\n<meta property=\"og:site_name\" content=\"Tokens Talk\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-27T13:39:26+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tokenstalk.info\/wp-content\/uploads\/2023\/11\/OKX-launches-crypto-exchange-wallet-services-in-Brazil.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tokenstalk.info\/crypto\/okx-launches-crypto-exchange-wallet-services-in-brazil\/\",\"url\":\"https:\/\/tokenstalk.info\/crypto\/okx-launches-crypto-exchange-wallet-services-in-brazil\/\",\"name\":\"OKX launches crypto exchange, wallet services in Brazil - 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