In recognition of its commitment to developing the Latin American crypto and blockchain ecosystem responsibly, OKX, a world-leading company in Web3 technology, sponsored and spoke at LABITCONF, Latin America's largest crypto and blockchain conference.
During Hong's exclusive fireside chat with investors, she emphasized OKX's security-first approach and the need for industry standards and regulations to support innovation in the industry.
According to Hong, OKX is committed to expanding its presence across Latin America in order to accelerate the adoption of crypto and Web3 technologies. As part of this effort, it is important to build trust, provide reassurance, and set standards in order to achieve success. It is for this reason that OKX places a high priority on security. It is important for our users to have a trusted experience with their digital assets, which is why we have created a multilayer approach based on proof of reserves, innovative web3 wallet security, and stringent controls. There is a strong belief in self-regulation and giving users tools to verify, not just rely on their trust.
There is a strong belief in self-regulation and giving users tools to verify, not just rely on their trust.
On the other hand, OKX Brazil General Manager Guilherme Sacamone focused his fireside chat on how to build trust within the company. 
It is crucial that OKX earns trust in Latin America by creating localized products that are tailored to the region's needs and by prioritizing transparency in all its operations" Guilherme said.. Developing trust does not happen overnight - it requires a constant flow of proof over an extended period of time. As a result, we are delighted to announce that we recently celebrated the one-year anniversary of our industry-leading Proof of Reserves program by celebrating. We empower users by independently verifying reserves each month on-chain, giving them the assurance that their funds are backed up by real reserves. As a company, we are committed to building trust the right way - by giving users more control, allowing them to gain more insight and providing them with more insights, and not just empty assurances.
As a company, we are committed to building trust the right way - by giving users more control, allowing them to gain more insight and providing them with more insights, and not just empty assurances.
In addition to its role as a Whale title sponsor this year, OKX also plays an active role in driving Latin America's crypto and web3 ecosystem forward through its ability to foster collaboration, knowledge sharing, and relationship building, which turns potential into real-world adoption of blockchain technology.
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OKX - A brief overview
In terms of trading volume, OKX is the second biggest crypto exchange in the world and a leading web3 technology company. Trusted by more than 50 million users worldwide, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders alike.
A top partner of Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX has a mission to supercharge the fan experience with new engagement opportunities as a top partner of these sports teams. As part of an initiative to bring more creators into the web3, OKX is also the top partner of the Tribeca Festival.
Aside from OKX's exchange, the OKX Wallet is the platform's latest offering for users that are interested in exploring the world of NFTs and the metaverse while trading GameFi and DeFi tokens on the platform.
You can learn more about OKX by downloading our app or visiting our website at: okx.com.
Notice of disclaimer
PLEASE NOTE THAT THIS ANNOUNCEMENT IS PROVIDED ONLY FOR THE PURPOSE OF INFORMATION. NEITHER IS IT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE TO YOU, NOR IS IT TO BE CONSIDERED AS AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS, EITHER.. STABLECOINS, LIKE ALL DIGITAL ASSETS, ARE INSURED BY HIGH DEGREES OF RISK, CAN FLUCTUATE DEEPLY, AND CAN EVEN BECOME UNWORTHWHILE AT SOME POINTS. OKX is not regulated by the FCA, so you will not be able to take advantage of protections such as the Financial Ombudsman Service or the Financial Services Compensation Scheme because OKX is not regulated by the FCA. THE MOST IMPORTANT THING IS FOR YOU TO CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND IF IT IS SUITABLE FOR YOU FINANCIALLY TO TRADE OR HOLD DIGITAL ASSETS IN VIEW OF YOUR FINANCIAL CONDITION TO DO SO.  INCLUDING STABLECOINS, THE VALUE OF YOUR DIGITAL ASSETS COULD INCREASE OR DECREASE AT ANY TIME, AND ANY PROFITS MIGHT BE SUBJECT TO CAPITAL GAINS TAXATION. A PERFORMANCE IN THE PAST DOES NOT IMPLY A PERFORMANCE IN THE FUTURE.  FOR QUESTIONS RELATED TO YOUR SPECIFIC CIRCUMSTANCES, PLEASE CONTACT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL
  FOR QUESTIONS RELATED TO YOUR SPECIFIC CIRCUMSTANCES, PLEASE CONTACT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL
OKX is the source of this information
One of the leading technology companies in the Web3 arena, OKX, sponsored and participated in LABITCONF, the most important conference in Latin America and the Caribbean.
One of the world's leading providers of Web3 technology, OKX, hosted and presented at LABITCONF, which is the world's largest conference on cryptocurrencies and blockchain in North America...
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Source prnewswire