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Cryptocurrency exchange OKX has officially restored full platform access and peer-to-peer (P2P) trading for users in Nigeria, following nearly two years of restricted access and suspended operations.

The global exchange was forced to halt its Nigerian operations—specifically restricting Naira deposits and P2P markets—in August 2024 amid a broad government crackdown on crypto exchanges to curb currency speculation and stabilize the naira.

Its recent return comes as Nigeria’s crypto landscape has transitioned to a structured regulatory framework, notably following the implementation of the Investments and Securities Act, which formally recognized digital assets and empowered the Securities and Exchange Commission (SEC) to oversee the industry.

For Nigerian traders, this means you can now log back into your existing OKX accounts and resume executing trades and P2P transactions as previously supported.


 

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