In January 2025, crypto exchange and global on-chain technology firm OKX announced that it had received its MiCA (Markets in Crypto-Assets Regulation) licence to strengthen its European offering. Building on this, the exchange has now announced a new partnership with paytech PayPal to enable users to make purchases and deposits across the European Economic Area (EEA).
Once users have linked their accounts, PayPal will enable OKX users to fund their accounts through a variety of different sources, including PayPal balance, linked bank accounts, debit cards, and credit cards. Connecting the accounts is simple, only taking a few clicks. In addition to smooth onboarding, the integration will also encourage users to further engage with crypto and the OKX app, navigating it using a platform they are already familiar with.
“Integrating with PayPal is a major step in our mission to make crypto more accessible to everyone,” said Erald Ghoos, CEO of OKX Europe. “PayPal is a household name in Europe and beyond, and integrating their trusted payment solutions helps us deliver a seamless experience that meets the evolving needs of our users.”
Encouraging crypto adoption
To celebrate the launch, OKX is offering zero fees on all crypto purchases, either made with PayPal or when an OKX account is funded by PayPal, for a limited time. This exclusive, one-month campaign is available only to users in the EEA and reflects OKX’s ongoing commitment to reducing barriers to crypto adoption in the region.
“PayPal is on a journey of revolutionising commerce and one way we are doing that is by marrying our belief in choice with access to digital assets,” said Samba Natarajan, senior vice president and general manager, Europe, PayPal. “By integrating PayPal with OKX in EEA, we are expanding where our users can use our familiar, trusted platform to purchase cryptocurrency directly or fund accounts used for purchases of digital currencies throughout the region.”
