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Global crypto exchange OKX has launched Australian dollar (AUD) trading order books. The move makes OKX the largest global exchange to offer order book-based AUD pairs for spot trading in Australia.
The new feature allows OKX customers in Australia to trade major cryptocurrencies USDT, USDC, BTC, and ETH against AUD. This addition aims to provide Australian users with more trading options and improved portfolio management capabilities.
Jamie Kennedy, OKX Australia General Manager, stated: "The addition of the crypto-AUD trading pairs is a direct response to the demand of our customers in Australia, and a solid result of our team's diligent work in bringing the best and localised products to the market. We believe that offering local fiat trading capabilities is crucial to driving adoption and development of the local crypto ecosystem, and we'll continue investing and introducing new, tailored products to help us realise our vision."
This development follows OKX's launch of its crypto exchange in Australia in May, which included spot trading for all customers and derivatives trading for verified wholesale clients. The platform also offers AUD deposits and withdrawals via local Australian banks, as well as express buy/sell and convert functions for its Australian users.
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