Coinbase and OKX try to lure in Binance’s 450 million EU users after it failed to secure a MiCA license
CoinDesk·
60-second summary
Coinbase and OKX are aggressively targeting Binance's 450 million EU users after Binance failed to secure a MiCA license. Coinbase's Brian Armstrong is offering new users up to 8% sign-up bonuses, while OKX's Star Xu is matching the offer. This move is a clear attempt to capitalize on Binance's regulatory setback and gain market share in the lucrative European market.
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.