Crypto trading platform Okcoin expands to Miami, pledges to add 100 jobs

August 24, 2021

Miami’s Crypto Capital continues to grow, another cryptocurrency exchange is taking root in the Magic City – and creating 100 new jobs.

Okcoin, one of the world’s fastest growing cryptocurrency trading platforms, today announced the opening of its Miami office, which will also serve its growing customer base in Latin America. The San Francisco-based company, which now has seven offices worldwide, also announced that it will be hiring 100 additional positions and developing an internship program.

Okcoin is joining Blockchain.com, FTX, and eToro – they have all announced moves or office expansions in Miami in the past three months. Blockchain.com also promised a hiring frenzy of 100 new jobs.

Founded in 2013, Okcoin is a platform for buying and selling Bitcoin and 25 other cryptocurrencies. According to the company, it supports millions of customers in 190 countries. Okcoin also lists the MiamiCoin, the first city-based token developed by CityCoin.

“Our new location in Miami is a strategic expansion that will allow us to meet the rapid growth in Latin American cryptocurrency adoption while complimenting Mayor Suarez’s commitment to making the city a hub for technology development,” said Hong Fang. Okcoin CEO, in a statement. “We are excited to be part of Miami’s vibrant and growing cryptocurrency community and look forward to contributing with new jobs, support for local tech events and more.”

As for events, Okcoin starts with a big one. Okcoin has signed up as the first cryptocurrency sponsor of Florida’s largest hackathon, ShellHacks, from September 24th to 26th. The hackathon, which attracted 1,300 hackers last year, is organized by UPE, a technology-oriented student organization from Florida International University. Okcoin’s sponsorship includes a ShellHacks challenge focused on the Lightning Network, with a workshop hosted by Lightning Labs ahead of the hackathon. According to the Okcoin announcement, members of the first-placed team will receive Bitcoin worth $ 1,000 in the summer of 2022, mentoring and the opportunity to do an internship in the Okcoin Miami office.

READ MORE ON REFRESH: 5 Things You Should Know About ShellHacks, Florida’s Biggest Hackathon

“The City of Miami is excited to welcome a world-class company like Okcoin, whose commitment to financial inclusivity is closely aligned with our city’s cosmopolitan culture,” said Miami Mayor Frances Suarez in a statement. “We are excited about Okcoin’s commitment to local talent and the innovation ecosystem, and their active corporate presence will help us open more financial and professional doors to our residents.”

Follow @ndahlberg on Twitter and email her at ndahlbergbiz@gmail.com

I am a writer and editor with extensive media experience and a passion for journalism and community service. I’ve spent most of my career doing business news with the Miami Herald, and my expertise lies in writing about technology and entrepreneurs. I love hosting this blog for Refresh Miami, and we want to be the go-to place for launch and tech news, features, and views in South Florida. Have news? Contact me at ndahlbergbiz@gmail.com. Thank you for reading!

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