cryptocurrency exchange, OKX, has launched its secure crypto exchange and Web3 wallet service in Brazil, providing users a gateway to decentralized finance and crypto trading with Brazilian Real fiat-on-ramp capabilities.

OKX’s platform ensures a strong trading experience, incorporating features such as staking rewards and DeFi integrations. The user-friendly OKX Wallet provides access to DeFi, NFT trading, dApps, and advanced security features like Multi-Party Computation (MPC) and Account Abstraction (AA).

Expressing enthusiasm, OKX President Hong Fang stated, “We’re excited to officially launch our localized platform and services in Brazil, which represents the largest cryptocurrency market in Latin America. Our exchange now offers BRL rails, deep liquidity, tools, security and transparency that Brazilian traders want.”

The company addresses the top concern of security, with a recent survey showing 92% of Brazilian crypto users emphasizing the need for transparent information. OKX leads in security with monthly Proof-of-Reserves reports.

OKX Brazil General Manager Guilherme Sacamone emphasized, “OKX is committed to helping Brazil reach its enormous potential as a leader in the adoption of cryptocurrencies and decentralized finance in the Web3 universe.”

OKX’s entry into Brazil marks a significant stride in advancing crypto adoption. With robust features and a commitment to security, it empowers users, addressing concerns and contributing to Brazil’s leadership in the crypto and Web3 space.

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