The new feature allows users to acquire crypto simply, automatically and without intermediaries, using local-currency transfers
Latin America, April — OKX, one of the leading global cryptocurrency and Web3 technology platforms, announced the launch of its new feature that allows users to buy cryptocurrencies directly with certain local currencies through SPEI and PSE transfers
The new solution enables the purchase of assets such as USDT, Bitcoin and Ethereum instantly, securely and without the need for intermediaries, significantly simplifying access to the crypto ecosystem in the region.
Available to new users in countries that have SPEI and PSE transfers, this feature allows pesos to be converted into cryptocurrencies directly from the OKX app, through an intuitive and fully automated process.
To get started, users only need a verified account, then go to the app’s main menu, select the “Buy” option and then “Buy crypto”. There they can enter the amount in local currency, set up their payment method (only the first time) and follow the instructions to complete the transfer. Once the payment is confirmed, the crypto balance is automatically credited to the user’s account.
“This launch reflects our goal of lowering the barriers to entry into the crypto world in Latin America. We designed a simple, seamless and secure experience, built both for new users and for those already active in the ecosystem, allowing them to access digital assets without friction and with local tools,” said Karina Caudillo, Regional Manager at OKX.
The development of this product focused on offering:
- A fully automatic process
- No interaction with third parties
- Management of a single pending order at a time
- Transaction history accessible at all times
With this expansion, OKX continues to strengthen its presence in Latin America, bringing the crypto world closer to more users through solutions tailored to local needs.
Users will be able to use their cryptocurrencies for multiple use cases within the ecosystem: from saving in Bitcoin to payments, trading or access to financial products available on the platform.
