Is OuYi Exchange legal?
legitimate. Although Chinese law prohibits virtual currency trading, OKEX is not registered in China, and its operating entity is in Hong Kong. It does not have an ICP registration number in China, so its transactions do not violate Chinese laws, and this exchange is naturally legal.
OKEX is a veteran exchange in the currency circle, and its transactions are legal. Although Chinese law prohibits virtual currency transactions, OKEX is not registered in China, and its operating entity is in Hong Kong. It does not have an ICP registration number in China, so its transactions do not violate Chinese laws. This exchange is naturally legal, otherwise there would not be so many people in China investing on this platform.
European Exchange is legal in most countries and regions. EEX has obtained compliance licenses in many countries and regions, including the United States, Canada, and the European Union. EurEx abides by local laws and regulations and actively cooperates with regulatory authorities’ review.
Extended information:
OKX is one of the digital currency trading platforms. Its Chinese name will be officially launched in February 2021. Since its establishment in 2017, it has provided users with a diverse product matrix such as currency, leverage, options/delivery/perpetual contracts, DEX trading, Yubibao, etc. It has covered more than 200 countries and regions and has tens of millions of users. .
On October 13, 2021, OKX issued the "Notice on Supervisory Policies in Mainland China", stating that it has shifted its business focus to the international market since September 2017 and will not promote the mainland China market. and services, its website is inaccessible in mainland China, and the app has been removed from all app markets in mainland China.
On January 18, 2022, the cryptocurrency exchange Ouyi issued an announcement that Ouyi OKEx changed its name to Ouyi OKX.
Notes on the legality of Eureka Exchange:
Please be sure to understand the laws and regulations on digital asset transactions in your region and jurisdiction.
If you are not sure whether EEX is legal in your area, please consult a legal professional.
European exchange does not provide services to residents of any areas where digital asset trading is prohibited.
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