OKX trading volume surges 53-fold after US, European expansion

Cryptocurrency exchange OKX has seen its trading volume increase 53-fold this year following its expansion into the United States and Europe, according to a report from Cointelegraph. The number of daily active wallets has doubled over the past year, with an average of approximately 190,000 new wallets created each day. Additionally, global decentralized exchange (DEX) volume on the platform surged by 262%, while centralized exchange (CEX) volume grew by 16%. This expansion follows OKX securing a Markets in Crypto-Assets (MiCA) license in the European Union this past January and entering the U.S. market in April.