OKX is thrilled to announce the official launch of our cryptocurrency trading services in Australia, marking a pivotal step in our mission to establish localized platforms in key global markets. We now offer spot trading (buy/sell) for all users, alongside derivatives trading for verified institutional clients* in Australia.
Why Australia?
Australia serves as a hub for multiple industries, boasting robust technological infrastructure and a high concentration of crypto-savvy users, including investors, developers, and professional traders. This positions Australia uniquely for growth as the crypto sector expands.
Our Australian launch follows meticulous preparation, including the May 2023 opening of our Sydney office. Over the past year, we’ve assembled expert teams in management, legal compliance, and other specialized fields. This is just the beginning: we remain committed to long-term service in Australia, prioritizing regulatory compliance and user protection.
Our Promise to Australian Users:
To deliver secure, innovative crypto trading experiences while earning trust through transparency and product excellence.
Market-Specific Offerings
Australian users now access:
- AUD Compatibility: Deposit/withdraw AUD via most national banks.
- Fiat-to-Crypto Purchases: Via third-party platforms (Simplex, MoonPay, Banxa).
- Diverse Crypto Assets: 170 spot pairs and 85 tokens (BTC, ETH, SOL, USDT, etc.), with continuous listings. 👉 Check latest tokens
Key Firsts:
OKX is now the largest global crypto exchange offering direct AUD deposits/withdrawals for local users. Services are provided through two entities:
- OKX Australia Pty Ltd (AUSTRAC-registered): Spot/OTC trading for all users.
- OKX Australia Financial Pty Ltd (AFS-licensed): Derivatives (futures, options, perpetual swaps) for verified institutional clients*.
*Derivatives/margin products require institutional verification per the Corporations Act 2001 (Cth).
Global Expansion Context
Recent milestones include launches in:
Regulatory approvals:
- Singapore’s MPI license (March 2023)
- Dubai’s VASP license (January 2023)
Transparency Leadership:
We publish monthly Proof of Reserves reports—18 consecutive editions since late 2022—enabling users to independently verify asset backing.
Brand Partnerships with Australian Ties
- McLaren Racing (F1 team featuring Aussie driver Oscar Piastri)
- Olympic snowboarder Scotty James
- Global sponsorships: Manchester City FC, LIV Golf’s Majesticks, Tribeca Festival
FAQs
1. Who can access derivatives trading in Australia?
Only ASIC-defined institutional clients verified by OKX Australia Financial Pty Ltd.
2. How do I deposit AUD?
Use most Australian banks via our platform’s fiat gateway.
3. What crypto pairs are available?
85 tokens across 170 spot pairs, with regular new listings.
4. Is OKX regulated in Australia?
Yes, through AUSTRAC-registered entities and an AFS-licensed subsidiary.
5. How does Proof of Reserves work?
Open-source tools let users verify 1:1 backing of client funds monthly.
6. Are staking/earn products available?
Currently, only spot and derivatives trading are launched.
Disclaimer: This content is informational only. Crypto assets are volatile and high-risk. Consult financial/legal experts before trading. © 2025 OKX. Unedited redistribution permitted with attribution.