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Is Ou Yi ok Exchange legal?
Ou Yi OKEX is an established exchange in the currency circle, with legal transactions. Although China laws prohibit virtual currency trading, Ou Yi OKEX is not registered in China, its business entity is in Hongkong, and there is no ICP record number in China, so its trading does not violate China laws. This exchange is naturally legal, otherwise there would not be so many people investing in this platform in China. Illegal trading platforms will be severely cracked down and forced to be removed.

1. OKX, one of the trading platforms in digital currency, was officially launched in February, 20021. Since the establishment of 20 17, it has provided users with diversified product matrices such as currency, leverage, option/delivery/perpetual contract, DEX trading, residual coin treasure, DeFi mining, loans, etc., covering more than 200 countries and regions and tens of millions of users.

On June 3rd, 20021,10, OKX issued the Notice on Chinese mainland's Regulatory Policy, which indicated that from September 20th17, it would shift its business focus to the international market, no longer promote and serve the Chinese mainland market, the website could not be accessed in Chinese mainland, and the Chinese mainland application market was completely removed.

On June 65438+1October18th, 2022, Ou Yi, the cryptocurrency exchange, announced that Ou Yi OKEx was renamed as Ou Yi OKEX.

Second, the development process

2018 65438+1On October 20th, OKEx officially launched the platform currency OKB, which was issued by OK Blockchain Foundation and designed and launched by OKEx R&D personnel. Based on blockchain technology, OKB connects innovative digital asset projects with high-end users and investors of OKEx by using general economic model, thus better constructing the ecological closed loop of OKEx.

On June 9th, 20 18, OKEx launched an open exchange and win-win plan, which was later renamed OKEx Cloud Platform. OKEx cloud platform plans to open OKEx's long-term accumulated matching system, counter system, cold wallet system, hot wallet system, fund settlement system, global multilingual customer service capability, global customer identification and anti-money laundering system to "OK partners" to create a number of independent and efficient. OKEx cloud platform has more than 120 online transaction service providers.