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  /  Latest News   /  OKEx and UTORG partner to elevate Fiat currency based crypto purchase in India
OKEx

OKEx and UTORG partner to elevate Fiat currency based crypto purchase in India

New Delhi, November 26, 2021: OKEx, the world’s leading BTC future derivatives and crypto exchange announced today that it has partnered with UTORG, a licensed cryptocurrency service provider, to boost fiat currency based crypto buying in India. With its recent focus on Asian markets, and with India being one of the largest cryptocurrency markets, OKEx aims to bring the best-in-class experience to its users.

To enable a quick and convenient INR based crypto purchase, UTORG aids OKEx India users to buy conveniently via bank transfer, credit/debit cards and UPI payments modes. OKEx users can seamlessly purchase crypto in INR trading pairs including $USDT, $BTC, $ETH etc. and can now experience the ease of fiat based investments to the fullest.

OKEx intends to add a layer of simplicity and convenience by partnering with a trusted platform, like UTORG. Commenting on the partnership of both platforms, CEO of OKEx Jay Hao stated, “We are proud to integrate with a global platform like UTORG. Indian users have an added option of choosing a fiat payment gateway which makes crypto purchasing simple and easy to understand for anyone and everyone. With this partnership via UTORG, we are peering closer to our dream of bringing crypto the masses”.

Commenting on its advanced automated KYC process that is created using AI technology, UTORG team stated “We all know how cumbersome manual identity verification is. By delivering a client-oriented service, we ensure that the identity verification procedure does not exceed 5 minutes”.

UTORG lays a simple path to start creating a new order for OKEx users. Users are simply requested to fill in the express order form and select UTORG as the payment fiat gateway to be redirected.To finish the process, users can select any payment method: Bank transfer, Credit/Debit card, UPI. Once the payment has been completed, the coins will reflect in the users OKEx asset dashboard.

A licensed service provider in the crypto domain, UTORG has obtained all necessary permits to do what they do. At OKEx, user security is pinnacle. UTORG is a holder of valid PCI DSS certificate that proves compliance with top global standards and best practices applied to protection in sync with OKEx’s promise of privacy and safety.

OKEx aims to serve users with the best-in-class blockchain and crypto technology by joining hands with the renowned UTORG platform. This is indeed a leap forth to strengthen domestic crypto accessibility and enhance trading experience for 100 million+ users from, across both the platforms collectively.

 

About OKEx

Founded in 2017, OKEx is one of the world’s leading cryptocurrency spot and derivatives exchanges. OKEx has innovatively adopted blockchain technology to reshape the financial ecosystem and offers some of the most diverse and sophisticated products, solutions, and trading tools on the market. Trusted by more than 20 million users across the globe, its mission is to empower every individual through the promotion and advancement of cryptocurrencies globally.

In addition to the exchange, it serves its users with OKEx Insights, a research arm that is at the cutting edge of the latest trends in the cryptocurrency industry. With its extensive range of crypto products and services, its unwavering commitment to innovation, and its local operations to serve its users better, OKEx strives to eliminate financial barriers and realize a world of financial inclusion for all. For more information, visit www.okex.com

 

About UTORG

UTORG a fintech company that offers а modern fiat to crypto exchange infrastructure. The company’s main business activity is providing service of purchasing cryptocurrency with a bank card. Leveraging AI technology, the company succeeded in automating the KYC/AML procedure, thereby significantly speeding up the purchase process. For more information, visit, https://utorg.pro/

 

Press contact:

Satyandre Yadav

satyandre@metamorphpr.com

+91-9953292566