Grapevine

By Punch
Jul 18, 2024

Crypto exchange, OKX, discontinues services in Nigeria

“We are discontinuing OKX services in Nigeria after recent changes in local laws and regulations.

“From August 16, 2024, our customers will no longer be able to open any new positions or access any services on the platform, with the exception of withdrawals and closing/redemption of open positions,” the statement read.

OKX asked its users to review their accounts and provided steps to retrieve their assets.

The company said from August 16, users “will only be able to withdraw your assets; you will not be able to deposit or transact otherwise.”

“While your funds remain secure and accessible in your account, we highly encourage you to withdraw them to your private wallet or your accounts on other third-party platforms by 12:00 am (PST) on August 30, 2024.