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OKEx and UTORG to elevate Fiat currency based crypto buying in India

By Leandra Monteiro

November 25, 2021

  • Bitcoin
  • Distributed Ledger
  • Fiat

OKExOKEx, a BTC future derivatives and crypto exchange announced that it has partnered with UTORG, a licensed cryptocurrency service provider, to boost fiat currency based crypto buying in India.

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 a 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.

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