OKX Celebrates Official Launch In The UAE With Pep Guardiola In Attendance

On the evening of October 10th, OKX, a leading onchain technology corporation, marked its operational debut in the UAE during a grand event held at the Museum of the Future. This significant milestone allows OKX to be recognized as the first international crypto enterprise in the UAE to introduce AED banking facilities for both its retail and institutional clientele.

The launch event was a star-studded affair, with Manchester City Men's First Team Manager, Pep Guardiola, attending as a notable guest. Guardiola, emphasizing the synergy between OKX and the football club, stated, "I'm very proud to be here in Dubai with Manchester City's Official Sleeve Partner OKX as part of their celebrations and announcement that they will enter the market.

"OKX has been a major partner of the club for the last three years and we share a commitment to innovation, adaptability, and success. Technology is a huge part of performance on the pitch and further advancements in this space to enhance fan experiences and activity is exciting. It's been a fantastic event to be part of this evening and I thank OKX for inviting me."

Rifad Mahasneh, the General Manager of OKX MENA, stated: "We're thrilled to be the first global crypto exchange to launch with a full operating license for retail and institutional clients in the UAE. We've brought leaders and visionaries from diverse backgrounds to tonight's event to discuss the bright future of this space in the country and region and its impact on business sectors. We're deeply committed to growing locally and our product development reflects this commitment. Tonight's celebration is just the beginning of a long-term journey."

The collaboration between OKX and Manchester City highlights a shared commitment to innovation and success, with Guardiola praising the impact of technology in enhancing sports performance and fan experiences. The event also showcased other distinguished speakers and panelists, including OKX CEO Star Xu, OKX CMO Haider Rafique, and notable figures from the tech and finance sectors, discussing the future of crypto in the UAE and beyond.

For UAE residents eager to delve into the world of crypto trading, OKX has made it simpler by allowing direct deposits and withdrawals of AED through local bank accounts. This initiative is complemented by providing access to a broad array of services on the OKX platform, which includes spot trading, express buy & sell, and on-chain earning products, catered to both average users and qualified institutional investors.

Boasting over 280 cryptocurrencies and 480 trading pairs, including BTC/AED, ETH/AED, and USDT/AED, OKX stands out for offering the most extensive selection of trading options in the UAE. In a move to attract new users, OKX has launched a promotional offer, rewarding new customers with up to 100 AED for trying out the app.

This initiative is part of OKX's broader strategy to expand its offerings for UAE customers, with plans to introduce more tokens in the near future. To support this expansion, OKX has also introduced Arabic language customer support on its website and app, underscoring its commitment to the regional market.

The launch of OKX in the UAE represents a significant step forward in the integration of cryptocurrency trading within the local financial landscape, promising a new era of investment opportunities for residents. With plans to further enrich its service offerings and a customer-centric approach, OKX is poised to play a pivotal role in the growth of the crypto market in the UAE and the wider Middle East region.