OKX, a leading Web3 technology company in Latin America, sponsored and spoke at LABITCONF, Latin America's largest crypto and blockchain conference, and demonstrated its commitment to fostering the development of the Latin American crypto and Web3 ecosystem in a responsible manner.
The focus of Hong's exclusive fireside chat was on OKX's security-first approach, and the need for industry standards and regulations that support innovation in the industry.
"OKX is committed to expanding its presence across Latin America as well as accelerating the adoption of crypto and the Web3 in the region," Hong said.. There is a major role to be played in this effort in terms of building trust, providing reassurance and setting standards. As a result, OKX places a high priority on security. Providing our users with a trusted experience when it comes to their digital assets is important to us, which is why we take a multi-layered approach focused on proof of reserves, web3 wallet security, and stringent audit procedures. It is our firm belief that self-regulation is important, and that users should have the tools to verify, not just rely on us
It is our firm belief that self-regulation is important, and that users should have the tools to verify, not just rely on us
In the meantime, OKX Brazil General Manager Guilherme Sacamone focused his fireside chat on trust-building measures as a way to strengthen relationships. 
"OKX earns trust in Latin America by creating localized products tailored to the needs of this region and by prioritizing transparency over anything else," said Guilherme. Trust isn't built overnight - it takes time and consistent proof to build it up. We are thrilled to announce that we recently celebrated one year since we launched the industry-leading Proof of Reserves program that we are so proud of. In order for users to know that their funds are fully backed by reserves, we independently verify reserves each month on-chain. It is through this kind of verifiable transparency that we demonstrate our commitment to building trust in the right way, by providing users with more control and insight, instead of just empty assurances
It is through this kind of verifiable transparency that we demonstrate our commitment to building trust in the right way, by providing users with more control and insight, instead of just empty assurances
It is our pleasure to be the Whale title sponsor of this year's LABITCONF, which has played a very important role in driving Latin America's crypto and web3 ecosystem forward. By fostering collaboration, knowledge sharing, and relationship building, it turns potential into real-world blockchain adoption in Latin America.
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OKX: What you need to know
A leading web3 technology company, OKX is the second largest crypto exchange by trading volume and is known for being the fastest and most reliable crypto trading app for investors and professionals worldwide. With more than 50 million users worldwide, OKX is trusted by more than 50 million investors and professionals.
In addition to being a top partner of Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX is committed to supercharging the fan experience through new engagement opportunities. As part of an initiative aimed at bringing more creators into the web3 space, OKX is also the top partner of the Tribeca Festival.
In addition to OKX's exchange, the OKX Wallet is OkX's latest offering for those who wish to explore the world of NFTs and the metaverse in addition to trading GameFi and DeFi tokens on the platform.
If you would like to learn more about OKX, please download our app or visit our website: okx.com
Note about disclaimers
THE INFORMATION CONTAINED IN THIS ANNOUNCEMENT IS PROVIDED SOLELY FOR INFORMATIONAL PURPOSES. THE INFORMATION PROVIDED IS NOT INTENDED TO PROVIDE INVESTMENT, TAX, OR LEGAL ADVICE, AND SHOULD NOT BE CONSIDERED OR CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. THE RISK OF DIGITAL ASSETS, INCLUDING STABLECOINS, IS HIGH, THEY CAN FLUCTUATE GREATLY, AND IT IS EVEN POSSIBLE FOR THEM TO BECOME UNWORTHWHILE. Due to the fact that OKX is not regulated by the FCA, certain protections, such as the Financial Ombudsman Service or the Financial Services Compensation Scheme, are not available to users.. IN LIGHT OF YOUR FINANCIAL CONDITION, IT IS IMPORTANT THAT YOU CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU..  You should be aware that the value of your digital assets, including stablecoins, can increase or decrease, and that profits may be subject to capital gains tax.. IT IS NOT IMPLICIT TO INDICATE THE RESULTS OF THE FUTURE BASED ON THE PERFORMANCE OF THE PAST.  If you have any questions regarding your specific circumstances, please consult your legal, tax, or investment professional
  If you have any questions regarding your specific circumstances, please consult your legal, tax, or investment professional
OKX is the source of this information
An important technology company in the Web3 space, OKX, sponsored and participated in one of the most important conferences in Latin America, LABITCONF, the largest conference of its kind in the Americas...
OKX, a global leader in Web3 technology, was a sponsor of and a presenter at the LABITCONF, the largest crypto and blockchain conference in the American continent...
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