Join the larget crypto conference of 2024 in Bitcoin

OKX BOTS secures regulatory approval from VARA secures regulatory approval from VARA 4

The crypto regulatory body of Dubai green signaled the popular Bitcoin wallet to provide services in Dubai. is a popular crypto wallet, which entered the crypto industry as a bitcoin-only web wallet. At present, wallet provides Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Stellar lumens (XLM), Stacks (STX), and ERC-20 tokens Wallet. All these mentioned crypto assets can be managed deeply & can be accessed via a private key. This wallet also allows crypto trading & also NFTs trade which is powered by popular NFTs trade marketplace OpenSea. 

On 10 September, published a new blog post and confirmed that it received provisional regulatory approval from the Dubai Virtual Asset Regulatory Authority (VARA). This regulatory approval will allow to provide crypto Services for retail & also for Institutional investors.

Post stated:

   -----Cryptonews AD----->>> 

BYBIT - Copy Trading

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at .

  <<<-----Cryptonews AD-----  


“retail and institutional clients will be able to access the financial system of the future through in Dubai.”

The decentralized multi-crypto wallet also confirmed that it signed a Memorandum of Understanding (MOU)  with the regulatory body VARA to bring blockchain-supported innovation in Dubai to make it a hub of digital innovations.

With all these things, will open an office in Dubai and also will hire local crypto & blockchain talents. To make a better establishment in the Dubai local sector, the company is also seeking to secure a Minimum Viable Product license. 

Earlier this year, Dubai showed strict stances toward the crypto sector and imposed many barriers to qualify to deal with crypto assets for the citizens but in late 2021 Dubai opened its hand to invite the blockchain & crypto dedicated innovation, which attracted many crypto companies.

Read also: Coinbase rival Robinhood plans to allow external transfer for Cardano (ADA) secures regulatory approval from VARA






Ads by Cryptonews24

OKX - Moon Trade

Moon Grid trading bot
OKX’s new Moon Grid bot automatically buys low and
sells high within a wide price range using artificial intelligence based on market backtesting.
Quick to set up with smart entry and exit points!

How does it work?

  • Select Trade in the main menu, then select Trading bot.
  • Select a spot trading pair from the Trading bot menu.
  • Select Moon Grid from the listed strategies.
  • Enter the amount you want the bot to trade and click Create.
  • Your bot will then be live.
  • To view and manage your Moon Grid bot, select Bots at the bottom of the trading dashboard.


Trade with Moon Grid now


Ads by Cryptonews24




Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin. provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice. recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.


Please follow and like us:

Social media & sharing icons powered by UltimatelySocial