Global cryptocurrency company OKX has officially launched its licensed crypto exchange platform in the UAE, marking a significant milestone as the first global crypto firm to offer AED banking integration for retail and institutional clients.
Services Offered by OKX UAE
UAE residents can now access a comprehensive suite of crypto services, including:
- Spot Trading: Buy and sell cryptocurrencies instantly.
- Conversions: Seamlessly swap between supported assets.
- Express Buy/Sell: Simplified transactions for beginners.
- On-Chain Earning: Stake and earn rewards on supported tokens.
Qualified institutional investors meeting specific criteria will also gain access to derivatives trading.
👉 Explore OKX's UAE platform for the widest selection of cryptocurrencies, featuring 280+ assets and 480+ trading pairs, such as BTC/AED, ETH/AED, and USDT/AED.
Leadership and Commitments
At the launch event hosted at Dubai’s Museum of the Future, OKX MENA General Manager Rifad Mahasneh emphasized the company’s dedication to local growth:
"We’re thrilled to pioneer licensed crypto services in the UAE, blending innovation with regulatory compliance. This launch underscores our long-term commitment to the region’s digital economy."
Key announcements included:
- Appointment of Yuri Mushkin as Global Chief Risk Officer, reinforcing security protocols.
- A new-user reward program offering up to AED 100 for verified sign-ups.
Event Highlights
The gala featured insights from industry leaders:
- Star Xu (OKX CEO) on market expansion.
- Pep Guardiola (Manchester City Manager) discussing sports partnerships.
- Anthony Scaramucci (SkyBridge Capital) on institutional adoption.
FAQ
Q: How can UAE residents start trading on OKX?
A: Complete online verification via the OKX app or website to enable deposits, withdrawals, and trading.
Q: What makes OKX unique in the UAE?
A: It’s the first globally licensed exchange with AED banking support and the largest crypto selection locally.
Q: Are derivatives available to all users?
A: Only for qualified institutional investors meeting regulatory criteria.
👉 Join OKX UAE today to leverage secure, AED-compatible crypto trading.