OKX, one of the leading cryptocurrency exchanges, has announced its expansion into the Middle East market with a virtual assets license obtained in Dubai. This move is a testament to the growing popularity of digital currencies in the region and the increasing demand for reliable cryptocurrency exchange platforms. The license allows OKX to operate legally in Dubai and offer its services to customers in the Middle East.
As part of its expansion plans, OKX Middle East aims to introduce local currency trading pairs to cater to the specific needs of its Middle Eastern customers. The trading pairs will include AED/BTC, AED/ETH, and more. This move is expected to further enhance the accessibility and convenience for users in the region, enabling them to trade cryptocurrencies directly with their local currency.
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