OKX Expands into Germany and Poland Crypto Markets After US Launch

Crypto Exchange OKX has launched its CEX in EU countries of Poland and Germany after obtaining MiCA License in February 2025.

Published by

Sneha Agrawal

June 17, 2025

OKX Expands into Germany and Poland Crypto Markets After US Launch

OKX:- In a major expansion bid into Europe, the leading crypto Exchange OKX has announced its launch in the EU countries of Germany and Poland.

The Exchange on February 18 announced receiving a MiCA license which allows it to passport its regulated services to all 28 EEA countries including Germany and Poland.

Recognizing them as the key growth markets in Europe, OKX has given the operational tasks for these regions to Moritz Putzhammer and Gabriel Manduca. Moritz serves as the General Manager for Central Europe & Nordics while Gabriel as General Manager for Eastern Europe.

It is interesting to note that OKX’s launch in Poland and Germany comes after it rolled out its CEX and OKX Wallet across the 41 states of United States.

https://x.com/okx/status/1934876196501700800

OKX Exchange in Poland, Germany Now

With the OKX launch news, the Exchange’s services are now available to users in Poland and Germany. This will allow users to trade over 270 cryptos besides 60+ crypto-to-Euro pairs.

It also offers spot trading, staking and automated not trading. There are other services and products as well which includes Euro Deposits, withdrawals, and Earn products.

The official announcement states that the UI and language would be available in local Polish and German only. The launch comes as the Exchange recently launched its own DEX after EU regulations’ scrutiny in connection to the Bybit Hack.

As for stats, Germany ranks 21st globally by crypto adoption index with around 32.7% of the population engaging with crypto as per 2024 data. In Poland, approximately 20% of Poles engages in crypto which amounts to 7.9 million users.

There are other global crypto Exchanges which already operate in both the countries. These include Kraken, Binance, Coinbase – thus, OKX would be facing tough competition with these CEXs in the region.

Also Read: Binance Enters Syria

Crypto Exchanges Eyeing EU Expansion

Not only OKX is eyeing the expansion in Dufope. As the Markets in Crypto-Assets (MiCA) regulation takes effect across the European Union, several major crypto exchanges are accelerating their entry or expansion into key EU markets. MiCA is providing clear and harmonized rules, creating a rare opportunity for compliant platforms to grab first-mover advantage.

Exchanges view the EU as a high-potential growth region as Countries like Germany, France, the Netherlands, and Poland are among the most active crypto markets in Europe. Recent reports have indicated that Gemini and Coinbase are also set to expand in Europe soon.

Thus, as more exchanges eye their expansion in European countries, the landscape is set to turn competitive yet profitable.

Also Read: TON Executive Launches New Crypto App

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.