OKX, one of the largest global cryptocurrency exchanges, has announced its decision to exit the Nigerian market. The company cited regulatory hurdles as the primary reason for this move. OKX has set a deadline of August 16, 2024, for Nigerian users to withdraw their funds or close their accounts. This decision follows Nigeria's crackdown on Binance for alleged currency manipulation and money laundering. OKX communicated this decision to its customers, emphasizing the need to withdraw funds before the deadline to avoid any inconvenience.