OKEx Announces Thai Baht (THB) and British Pound (GBP) OTC Crypto to Fiat Trading

OKEx digital asset exchange announced their over-the-counter (OTC) trading for Thai Baht (THB) and British Pound (GBP) on their platform.

The Malta-based exchange said that KYC verified users from Thailand and the United Kingdom are eligible to trade on the OTC trading platform which allows fiat-to-cryptocurrency trading.

Currently, the Thai Baht (THB) and British Pound (GBP) OTC trading markets are supporting Bitcoin (BTC), USD Tether (USDT), Ethereum (ETH) and Litecoin (LTC). Already Vietnamese Dong (VND) and Chinese Renminbi (CNY) fiat-to-cryptocurrency markets are available for global digital assets trading on the OKEx OTC trading platform.

Executive Opinion:

OKEx's Head of Operations, Andy Cheung, said, "Our mission is simple at OKEx. We aim to offer flexibility and convenience to our traders. Thailand and the UK own the fastest growing crypto communities in the world. We see great potential in these two markets and want to support the needs there. Because of the increasing trading volume and the number of traders in these two countries, we decided to launch the new THB and GBP trading services on our OTC trading platform. Wherever the market potential locates, we will expand there. In 2019, you can expect more currencies will be supported on OKEx."

The announcement further said OKEx will add more currencies at a later time this year. There will be OKEx OTC Network Launch events in Bangkok, Thailand on February 13, 2019, and London, the UK in March respectively.