Crypto exchange OKX revealed in an email sent to Nigerian customers on July 17 that the company will exit Nigeria and stop providing services to all Nigerian customers. OKX said that the main reason for stopping providing services in the country was "recent changes in local laws and regulations" and stipulated a deadline of August 16, 2024 for users to access the platform's features. After the deadline, Nigerian users can only access the platform to withdraw funds or position squaring.