Cryptocurrency exchange company OKX has launched operations for retail and institutional investors in the UAE. 

UAE residents will be able to deposit and withdraw AED from all Emirates bank accounts and trade more than 280 cryptocurrencies and 480 trading pairs.

The Seychelles-based crypto trading platform has more than 50 million customers in 200 international markets according to crypto data company Coingecko.

Arabic language customer support is offered on the OKX website and app. Qualified (those with AED500,000) and institutional investors who meet specific criteria will have access to derivatives trading. 

OKX Middle East manager Rifad Mahasneh said that the company is “bullish” on its potential business in the UAE, where he says they will focus for now, before considering other market..
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