OKX, a leading crypto exchange platform and Web3 company, is planning to expand its global presence by opening a new office in Turkey. This Seychelles-based crypto exchange platform was set up in 2017, and quickly grew to be one of the most reliable and established crypto exchanges in the world. The platform offers a wide range of services, including spot, margin and derivatives market for hundreds of crypto tokens, DeFi, gaming dApps, and even a NFT marketplace.

The news of OKX’s new office was announced on Monday. In the announcement, OKX president Hong Fang stated that opening an office in Turkey will be an important step towards transforming existing trust-based financial systems, and allow OKX users to have full control of their financial future. OKX managers have also emphasized their intention of forming strong relationships with users in the Turkish market and contribute to the development of the country’s crypto ecosystem.

In the upcoming Blockchain Economy Istanbul Summit 2023, OKX will take part as the Title Sponsor and Premium Partner. Furthermore, OKX's President Hong Fang, Chief Innovation Officer Jason Lau and Chief Marketing Officer Haider Rafique are scheduled to be keynote speakers and panelists. This event is considered to be Eurasia’s largest blockchain event, and the 8th edition in Istanbul will cover a range of topics, from Web3 to blockchain innovation and more.

Turkey is known to have one of the largest crypto ownerships in the world, with 16% of the country’s population having some form of cryptocurrency – that’s a total of 13.6 million crypto owners. The large number of Turkish cryptocurrency holders has undoubtedly drawn the attention of crypto companies around the world, and OKX’s plans are only the first of many steps to establish a larger crypto presence in the region.



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