The global Web3 technology leader and digital asset exchange OKX has officially launched its cryptocurrency exchange in Australia, offering spot trading to all users and derivatives trading—such as futures, options, and perpetual contracts—to verified institutional clients. This strategic move marks a significant expansion into one of the most promising fintech markets in the Asia-Pacific region, positioning OKX as the largest international crypto exchange providing direct AUD deposits and withdrawals for Australian users.
With this launch, OKX delivers seamless access to digital assets through local banking integration, regulatory compliance, and a robust product suite tailored for both retail and professional investors.
👉 Discover how OKX is transforming crypto access for Australians
Comprehensive Spot Trading and Local Banking Integration
Australian users can now deposit and withdraw AUD directly via most local banks, enabling fast and secure transactions. The platform supports instant buy/sell features, peer-to-peer (P2P) trading, and currency conversion services. For those entering the market with fiat, OKX integrates trusted third-party payment providers including Simplex, MoonPay, and Banxa, allowing users to purchase cryptocurrencies using traditional currency.
The spot trading market offers access to 170 cryptocurrency pairs across 85 major tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Tether (USDT). New listings are continuously added to meet growing demand, and users can stay updated on newly listed assets through the live markets page.
This deep liquidity and broad asset selection empower traders to build diversified portfolios while benefiting from competitive fees and real-time execution.
Regulated Derivatives Services for Institutional Clients
Derivatives trading is available exclusively through OKX Australia Financial Pty Ltd, a locally incorporated entity holding an Australian Financial Services (AFS) license regulated by ASIC (Australian Securities and Investments Commission). This service is limited to verified corporate clients who meet the definition under Australia’s Corporations Act 2001 and pass suitability assessments.
These institutional-grade offerings include:
- Futures contracts
- Options
- Perpetual swaps
- Margin trading
By serving this segment through a licensed domestic entity, OKX reinforces its commitment to compliance, risk management, and long-term sustainability in the Australian financial ecosystem.
All over-the-counter (OTC) spot trading services are provided by OKX Australia Pty Ltd, registered with AUSTRAC (Australian Transaction Reports and Analysis Centre), ensuring full alignment with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
Building a Local Presence for Long-Term Growth
To support its market entry, OKX established a Sydney office in May 2023—a move that signaled its long-term commitment to Australia’s growing Web3 sector. Over the past year, the company has assembled a local team of experts in governance, legal affairs, compliance, and customer experience.
Jamie Kennedy, General Manager of OKX Australia, emphasized the importance of trust and usability:
“Australian crypto users need a platform that’s secure, easy to use, and responsive to their needs—especially seamless bank integration and AUD pairs for top digital assets. My mission is to deliver best-in-class products while continuously enhancing compliance and security so our users can trade with confidence.”
Kennedy also expressed pride in building a strong local team poised to contribute meaningfully to Australia’s digital asset industry for years to come.
👉 Learn how OKX combines innovation with regulation in Australia
Commitment to Transparency and Industry Leadership
Transparency remains a cornerstone of OKX’s global strategy. Since late 2022, OKX has published monthly Proof of Reserves reports—the longest-running series among major exchanges, now exceeding 18 consecutive months.
These audits verify that user funds are fully backed by on-chain reserves. Additionally, OKX provides an open-source verification tool, allowing independent parties to confirm that customer assets are adequately supported by exchange holdings.
This proactive approach not only strengthens user trust but also sets new standards for accountability in the digital asset space.
Global Expansion Momentum
OKX’s Australian launch follows a wave of international growth. Recent market entries include:
- Turkey
- Argentina
- Brazil
In March 2025, OKX received in-principle approval from Singapore’s Monetary Authority (MAS) for a Major Payment Institution (MPI) license. Earlier that year, it obtained a Virtual Asset Service Provider (VASP) license in Dubai—further solidifying its presence in key regulated jurisdictions.
Strategic Partnerships Enhancing Brand Trust
OKX has built a powerful global brand through high-profile partnerships:
- Official Cryptocurrency Partner of Manchester City FC, Premier League champions
- Title Partner of the McLaren Formula 1 Team
- Showcase Partner of the iconic Tribeca Festival
- Sponsor of Australian Olympic snowboarder Scotty James
These collaborations go beyond visibility—they create immersive Web3 experiences for fans, bridging traditional sports, entertainment, and decentralized technologies.
Expanding Beyond Exchange: The OKX Web3 Wallet
Beyond trading, OKX has launched its OKX Web3 Wallet, empowering users to explore decentralized finance (DeFi), play GameFi applications, collect NFTs, and engage with metaverse ecosystems—all within a secure, non-custodial environment.
This integration positions OKX not just as an exchange, but as a full-stack Web3 gateway.
Frequently Asked Questions (FAQ)
Q: Is OKX legal and regulated in Australia?
A: Yes. OKX operates through two locally registered entities: OKX Australia Pty Ltd (AUSTRAC-registered) for spot and OTC services, and OKX Australia Financial Pty Ltd (ASIC-licensed AFS provider) for derivatives offered only to verified corporate clients.
Q: Can I deposit and withdraw Australian dollars (AUD)?
A: Absolutely. OKX supports direct AUD deposits and withdrawals via most Australian banks, along with P2P and instant buy/sell options.
Q: Who can trade derivatives on OKX in Australia?
A: Only corporate clients who meet the definition under the Corporations Act 2001 and pass suitability checks can access futures, options, and margin products through the ASIC-regulated entity.
Q: How does OKX ensure user fund security?
A: Through monthly Proof of Reserves reports, cold storage practices, multi-signature wallets, and an open-source verification system that allows independent auditing of asset backing.
Q: Are there educational resources for new users?
A: Yes. OKX offers a comprehensive learning center covering blockchain basics, trading strategies, DeFi, NFTs, and security best practices—all available in English.
Q: What cryptocurrencies are available for trading?
A: Users can trade over 85 tokens including BTC, ETH, SOL, USDT, and more across 170 spot pairs. New assets are regularly added based on market demand.
👉 Start your journey with a trusted global platform
Final Thoughts
OKX’s entry into Australia reflects more than just geographic expansion—it represents a broader vision of building regulated, transparent, and user-centric financial infrastructure for the digital age. By combining cutting-edge technology with strong compliance frameworks and local expertise, OKX is well-positioned to become a leading force in Australia’s evolving crypto landscape.
Whether you're a retail investor looking for simple AUD on-ramps or an institutional player seeking advanced derivatives tools, OKX delivers a secure, scalable, and future-ready platform built for the next generation of finance.