Crypto exchange OKX has introduced its trading platform for retail and institutional investors in the United Arab Emirates after obtaining a full license. Residents in the UAE who have completed the necessary onboarding procedures on the OKX website or app can now access services such as spot trading, express buy and sell, conversion, and onchain earning products. Qualified traders and institutional investors meeting specific criteria will also have access to derivatives trading on the platform. To qualify for derivatives trading, customers must pass a knowledge test, suitability assessment, and provide documents proving they have 500,000 dirhams in liquid cash. OKX also outlined requirements for institutional clients, including meeting liquidity thresholds. The exchange's general manager for the MENA region expressed optimism about the UAE's potential as a crypto hub, emphasizing the ease of doing business in the jurisdiction. The platform offers features tailored to the UAE market, including Arabic language support and dirham trading pairs with popular cryptocurrencies like Bitcoin, Ether, and Tether. Read more AI-generated news on: https://app.chaingpt.org/news

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