OKX has officially restored full platform access and peer-to-peer (P2P) trading for Nigerian users, reversing its August 2024 exit.
Traders are regaining account functionality by reverifying their KYC (Know Your
Customer) information directly on the OKX Website or via the mobile app. The
return signals a significant shift in the Nigerian cryptocurrency landscape.
OKX suspended its operations in 2024 amid a major regulatory crackdown when
authorities blamed P2P markets for naira volatility.
However, following the enactment of the
Investments and Securities Act—which formally recognizes digital assets and
gives the Securities and Exchange Commission (SEC) clear oversight—the platform
has resumed services to tap back into the country's massive crypto market
By Oluwasegun K. (LinkedIn)
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