OKX Launches Regulated Crypto Derivatives for Retail Traders in UAE

OKX has launched regulated derivatives products for retail traders in the UAE, becoming the first global crypto exchange to do so. The offering includes futures, perpetual contracts, and options with up to 5x leverage.

This launch is part of the Virtual Assets Regulatory Authority (VARA)’s pilot framework, allowing selected platforms to test innovative financial products under controlled conditions.

Key points include:

Access to advanced trading tools for retail investors
Focus on hedging, speculation, and diversification strategies
Educational materials and Arabic-language support introduced
Partnerships with regional Web3 projects to shape policy
Expansion reflects Dubai's position as a growing crypto hub

CEO Rifad Mahasneh emphasized the importance of providing robust tools to protect retail investors.