💰 OKX Launches Fully Licensed Crypto Trading Platform in UAE

🛡 Cryptocurrency exchange OKX has officially launched its trading platform for retail and institutional investors in the United Arab Emirates after securing a full license. This move marks a significant step in the expansion of crypto services in the region, offering UAE residents access to spot trading, express buy and sell options, conversion, and on-chain earning products. Qualified traders and institutional investors can also access derivatives trading, subject to specific criteria and assessments.

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I am a trader with years of experience, or at least that's what I believe

The platform has been tailored for the UAE market, including Arabic language support and the ability for users to deposit and withdraw local currency (AED) directly through their bank accounts. OKX offers trading pairs between AED and major cryptocurrencies like Bitcoin, Ethereum, and Tether. This launch comes nearly nine months after OKX acquired a conditional crypto license from Dubai's Virtual Assets Regulatory Authority, highlighting the company's commitment to regulatory compliance in the region.

💬 Could this development potentially influence other countries in the region to adopt more crypto-friendly regulations?

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