OKX has become the first to offer regulated derivatives to retail investors in the UAE, including futures and options, under VARA's pilot program.
Access to Derivatives Trading
Retail traders can now trade futures, perpetuals, and options with up to 5x leverage. This is the first offering from an international exchange under VARA, demonstrating how quickly the UAE is embracing digital assets with clear regulations.
Response to Trader Demands
According to Rifad Mahasneh, CEO of OKX MENA, the move comes in direct response to growing demand from individual traders. "More users are asking for access to professional-grade tools, but with strong safeguards in place," he noted. OKX aims to make complex features more accessible while maintaining a secure trading environment.
Enhancing Crypto Infrastructure in UAE
Dubai and Abu Dhabi are quickly becoming key hubs for crypto innovation. The UAE is attracting attention due to its strong infrastructure and readiness to support financial products. OKX is actively working with VARA and other local partners to support a balanced approach to innovation and compliance.
OKX is investing in local talent and Web3 infrastructure, rolling out educational tools and responsible trading features, highlighting its commitment to the evolving crypto ecosystem in the UAE.
