OKX UAE CEO Rifad Ma has announced the official launch of OKX's cryptocurrency trading platform in Dubai, marking the company's expansion into the UAE market. Users can now deposit fiat currencies, including UAE Dirhams, directly via bank accounts.
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"The UAE is a global hub with undeniable strategic importance," stated Rifad Ma. "Launching our crypto platform here allows us to strengthen our global presence. We will continue investing heavily to deliver safer and more convenient crypto services."
About OKX
OKX is a technology company focused on building global blockchain infrastructure to enhance accessibility and utility. Our mission is to create a more efficient, transparent, and interconnected future.
Originally established as a cryptocurrency exchange, OKX has grown into one of the world's largest trading platforms, serving millions of users. Key milestones include:
- Development of a multi-chain wallet for decentralized app (dApp) access
- Trusted by major institutions for seamless global financial connectivity
Core Products
- OKX Exchange
- OKX Wallet
- OKX Marketplace
- OKX Chain Developer Ecosystem
- OKX Ventures
- Institutional Services
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FAQ
1. How can I deposit funds on OKX UAE?
Local users can transfer UAE Dirhams directly from linked bank accounts for instant fiat-to-crypto trading.
2. What security measures does OKX implement?
OKX employs institutional-grade security protocols including cold storage, multi-signature wallets, and 24/7 monitoring.
3. Which cryptocurrencies are available on OKX UAE?
The platform supports major assets like Bitcoin (BTC), Ethereum (ETH), and compliant stablecoins, with regular additions based on market demand.
4. Does OKX offer staking or earning products?
Yes, users can access yield-generating products through the OKX Earn platform with competitive APYs.
5. How does OKX comply with UAE regulations?
OKX operates under full regulatory oversight in Dubai, adhering to all local AML/CFT requirements and licensing frameworks.
Disclaimer
This announcement is for informational purposes only and does not constitute investment, tax, or legal advice. Digital assets involve significant risk due to their volatility. OKX does not recommend specific assets or strategies - users are solely responsible for their investment decisions. Consult professional advisors regarding your individual circumstances. Past performance does not indicate future results.