What Countries Does OKX Restrict?

OKX blocks access in multiple countries due to regulatory restrictions under Section 3 of the Risk & Compliance Disclosure. The platform is unavailable in the United States, Canada, Malaysia, Singapore, Japan, India, Malta, and the United Kingdom, among others.

Additionally, OKX prohibits users from politically unstable regions and sanctioned jurisdictions, including Cuba, Iran, North Korea, Syria, Crimea, Donetsk, and Luhansk. In Hong Kong, perpetual futures trading is restricted.

As regulations evolve, OKX’s restrictions may change. Users should check official updates before accessing the platform.

OKX Supported Countries

OKX operates in over 160 countries, including China and Russia, offering access to its cryptocurrency trading platform worldwide. While some regions face restrictions, most users can trade without limitations.

Traders should review OKX’s terms of service and stay updated on local regulations to ensure compliance. The platform’s broad availability reflects its commitment to global crypto access.

OKX Licensing and Regulation

OKX operates under multiple regulatory frameworks worldwide, ensuring compliance with financial laws in key markets. The platform holds several licenses and registrations:

• Seychelles: Licensed as a Virtual Asset Service Provider (VASP) by the Seychelles Financial Services Authority (FSA).
• United Arab Emirates (UAE): Holds a Minimal Viable Product (MVP) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA).
• Hong Kong: In the final stages of securing a VASP license from the Securities and Futures Commission (SFC).
• Australia: OKX Australia Pty Ltd and OKX Australia Financial Pty Ltd are registered with the Australian Securities and Investments Commission (ASIC).
• European Economic Area (EEA): OKCoin Europe LTD, registered in Malta, operates under European Securities and Markets Authority (ESMA) guidelines.
• United States: OKCoin USA Inc., a Delaware corporation, is registered with FinCEN and complies with federal and state regulations.
• Bahamas: OKX Bahamas FinTech Company Limited was licensed by The Securities Commission of The Bahamas (SCB) and supports Mexican users.
• Singapore: OKX SG Pte. Ltd. received In-Principle Approval from the Monetary Authority of Singapore (MAS).
• Netherlands: Registered with De Nederlandsche Bank (DNB) to comply with Dutch and EU financial regulations.

OKX's licensing structure reflects its commitment to compliance and secure trading, adapting to evolving financial regulations.

Does OKX Require KYC?

Yes, OKX requires Know Your Customer (KYC) verification for all users. To access trading features, users must submit identification documents such as a passport, driver’s license, or national ID.

For step-by-step instructions, refer to OKX’s official KYC guidelines.

Can I Use OKX in the US?

No, OKX does not operate in the United States due to regulatory restrictions. U.S. residents, including those in Puerto Rico, Guam, Northern Mariana Islands, and the U.S. Virgin Islands, cannot access OKX services.

However, Okcoin USA Inc., a separate entity, is registered with FinCEN (NMLS #1767779) and provides services in select states. It does not operate in Hawaii, Kentucky, New York, Nevada, Texas, West Virginia, or certain U.S. territories.

About OKX

OKX is a global cryptocurrency exchange founded in 2017 by Star Xu and registered in Seychelles. Serving 50 million users across 180 countries, it offers spot and futures trading, staking, lending, copy trading, and DeFi tools via the OKX Wallet. 

The platform supports 350+ digital assets, maintains 1:1 Proof of Reserves, and provides institutional-grade trading infrastructure. Its native token, OKB, offers trading fee discounts and rewards.

Final Thoughts

OKX is available in over 160 countries but remains restricted in regions with regulatory limitations, including the USA, Canada, the UK, and several sanctioned jurisdictions. Users must complete KYC verification and stay updated on local laws to ensure compliance.

As regulations evolve, traders should check OKX’s official policies for the latest restrictions and access guidelines.