OKX Launches Crypto Trading In UAE For Retail And Institutional Investors

Crypto exchange OKX has officially launched its trading platform for both retail and institutional investors in the United Arab Emirates (UAE) following the acquisition of a full operating license.

The platform is now available to UAE residents who complete the mandatory onboarding steps via the OKX website or app, enabling them to engage in spot trading, buy and sell options, conversions, and on-chain earning products.

Qualified traders and institutional investors who meet specific criteria will also be granted access to derivatives trading on OKX’s platform. To qualify for derivatives trading, users must pass a knowledge test, undergo a suitability assessment, and provide proof of liquidity with at least 500,000 dirhams…

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