OKX receives SOC 2 Type II certification for safety and compliance

Hong Kong, Hong Kong, Sep. 20, 2023, Chainwire

OKX, a crypto exchange and web3 technology company, today announced that it has successfully completed the Service Organization Control (SOC) 2 Type II audit. This confirms that the company’s processes for service governance, data management, and data privacy align with global standards.

The internationally recognized SOC 2 Type II report, a framework developed by the American Institute of Certified Public Accountants, is one of the most comprehensive audits in the market. The report, completed by an independent external auditor, reviews a company’s policies, procedures and controls over an extended period of time.

OKX’s safety, security, and compliance commitment is exemplified through its SOC 2 Type II certification.

This certification reflects the platform’s dedication to transparency and trust, validating the protocols and safety measures.

It enhances experience for users as the infrastructure, service availability, and robustness meet strict criteria.

OKX president Hong Fang said:

“Completing the SOC 2 Type II audit is an important achievement for OKX, because of the reassurance it provides to all our users, and the diligence and time commitment required in the pursuit of this certification. It demonstrates that OKX is operating at standards comparable to tech giants and traditional finance services firms, as well as our commitment to implementing such standards and practices throughout OKX’s global operations. OKX’s goal is to build the world’s most secure and reliable Web3 ecosystem, and this latest milestone is another crucial step towards our vision.”

About OKX

OKX is a global crypto exchange and web3 ecosystem with more than 50 million users.

The exchange, a partner of Manchester City FC, McLaren Formula 1, Scotty James, and Daniel Ricciardo, is focused on improving fan engagement.

They are also collaborating with the Tribeca Festival to involve more creators in web3. It has also introduced the OKX Wallet for NFTs, the metaverse, and GameFi and defi token trading.

OKX is committed to transparency and security and publishes its proof-of-reserves on a monthly basis.

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Please consult your legal/tax/investment professional for questions about your specific circumstances.

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