π OKX Launches in UAE with Dirham Integration! π¦πͺπΈ
Global crypto exchange OKX has officially gone live in the UAE, offering an innovative dirham (AED)-denominated order book and integration with a local bank! This launch is set to target both retail clients and traditional finance institutions who are ready to step into the world of crypto. π¦β¨
π― Key Highlights:
- Dirham Integration: First exchange to offer AED-denominated trading pairs.
- Local Banking Partnership: Direct integration with Zand Bank, the UAE's first fully licensed all-digital bank. π¦
- Retail & Institutional Focus: OKX aims to be the top crypto platform for both everyday users and institutional investors. π
- Regulated Derivatives: The platform offers regulated derivatives and over 280 tokens with 400 trading pairs, making it a unique choice in the region.
π‘ Full Regulatory Approval: After a 24-month process, OKX received its full license from the Virtual Assets Regulatory Authority (VARA) on September 17. This approval gives confidence to global institutions and retail traders alike. β
π What Theyβre Saying:
Rifad Mahasneh, OKXβs General Manager for the Middle East, shared:
> "Weβre here to be the go-to platform for retail users and to help traditional financial institutions enter the crypto space."
With this launch, OKX has become a major player in the UAEβs crypto landscape, alongside Binance and Crypto.com, both of which also hold full licenses from VARA. π
Get ready for a new era of crypto trading in the UAE! ππ
#OKX #UAE #Crypto #AED #Dirham #ZandBank #CryptoLaunch
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Global crypto exchange OKX has officially gone live in the UAE, offering an innovative dirham (AED)-denominated order book and integration with a local bank! This launch is set to target both retail clients and traditional finance institutions who are ready to step into the world of crypto. π¦β¨
π― Key Highlights:
- Dirham Integration: First exchange to offer AED-denominated trading pairs.
- Local Banking Partnership: Direct integration with Zand Bank, the UAE's first fully licensed all-digital bank. π¦
- Retail & Institutional Focus: OKX aims to be the top crypto platform for both everyday users and institutional investors. π
- Regulated Derivatives: The platform offers regulated derivatives and over 280 tokens with 400 trading pairs, making it a unique choice in the region.
π‘ Full Regulatory Approval: After a 24-month process, OKX received its full license from the Virtual Assets Regulatory Authority (VARA) on September 17. This approval gives confidence to global institutions and retail traders alike. β
π What Theyβre Saying:
Rifad Mahasneh, OKXβs General Manager for the Middle East, shared:
> "Weβre here to be the go-to platform for retail users and to help traditional financial institutions enter the crypto space."
With this launch, OKX has become a major player in the UAEβs crypto landscape, alongside Binance and Crypto.com, both of which also hold full licenses from VARA. π
Get ready for a new era of crypto trading in the UAE! ππ
#OKX #UAE #Crypto #AED #Dirham #ZandBank #CryptoLaunch
Swap Sphera Crypto | Subscribe
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