OKX Launches Regulated Crypto Derivatives in the European Economic Area

Key Facts

1OKX launched X-Perps in the European Economic Area (EEA) through its Malta-based MiFID-licensed entity.

2The new product offers up to 10x leverage and supports multi-asset collateral.

OKX has officially rolled out its regulated crypto derivatives product, X-Perps, to eligible traders across the European Economic Area (EEA). The service is offered through the exchange's Malta-based entity, which operates under a MiFID II license to ensure full regulatory compliance. The new product provides traders with up to 10x leverage and supports multi-asset collateral, enhancing capital efficiency for users. By leveraging its regulatory status in Malta, OKX aims to capture a larger share of the European market through institutional-grade financial instruments. This move is expected to bolster trading volumes and market liquidity for major assets including BTC and ETH. The launch underscores the growing trend of crypto exchanges seeking formal regulatory frameworks to offer sophisticated trading products in Europe.