Introduction
OKX, a leading global onchain technology company, has officially launched its licensed cryptocurrency exchange platform in the United Arab Emirates (UAE). This milestone makes OKX the first global crypto firm to offer AED banking integration for both retail and institutional investors in the region.
Key Features of OKX UAE
- AED Banking Rails: Seamless deposits/withdrawals via UAE bank accounts
- Extensive Asset Selection: 280+ cryptocurrencies and 480+ trading pairs including BTC/AED and ETH/AED
- Derivatives Trading: Available for qualified and institutional* investors
- Onchain Products: Spot trading, convert tools, express buy/sell, and earning products
Event Highlights
The launch was celebrated at a gala event hosted at Dubai's Museum of the Future, featuring notable speakers:
- Star Xu (OKX Founder/CEO)
- Pep Guardiola (Manchester City Manager)
- Anthony Scaramucci (Skybridge Capital)
- Blockchain experts from Polygon and Stacks
Market Advantages
- Regulatory Compliance: Full operational license from UAE authorities
- Local Commitment: Arabic-language support and AED-focused services
- Security Measures: Proof of Reserves published monthly since 2022
Getting Started
UAE residents can:
- Download the OKX app (iOS/Android)
- Complete verification
- Start trading with new user rewards up to 100 AED
👉 Start your crypto journey today
FAQ Section
Q: Who can trade derivatives on OKX UAE?
A: Qualified investors must demonstrate AED 500,000 liquidity. Institutional clients need USD 20M+ balance sheets.
Q: What cryptocurrencies are available?
A: Over 280 digital assets including Bitcoin, Ethereum, and USDT pairs.
Q: Is OKX regulated in the UAE?
A: Yes, OKX Middle East Fintech FZE operates under VARA license VL/23/12/003.
Q: How do I deposit AED?
A: Direct transfers from any UAE bank account through the OKX platform.
Global Expansion
This UAE launch follows OKX's recent entries in:
- Brazil (2023)
- Australia (1H 2024)
- Netherlands (1H 2024)
Security Enhancements
OKX appointed Yuri Mushkin as Global Chief Risk Officer, leveraging his experience from Goldman Sachs and McKinsey.
Final Notes
With 23 consecutive months of Proof of Reserves and multiple regulatory approvals worldwide, OKX continues to set industry standards for secure, compliant crypto services.
*Terms apply for qualified and institutional investor status.