OKX appoints Rifad Mahasneh as General Manager for MENA region

Rick Steves

OKX, a leading figure in cryptocurrency exchange and Web3 technologies, announces the strategic appointment of Rifad Mahasneh as General Manager for MENA, signaling a robust push for market expansion in the region.

With the appointment of Rifad Mahasneh as General Manager for the MENA region, OKX is poised to enhance its operational and regulatory framework, expand its user base, and increase market share in one of the fastest-growing markets for digital assets.

Mahasneh’s expertise in digital finance and regional leadership will play a pivotal role in OKX’s expansion in the UAE and broader MENA region. His appointment underlines OKX’s dedication to fostering sustainable growth and onboarding new users to Web3 platforms.

OKX hires Mahasneh after securing provisional license from Dubai’s VARA

Rifad brings a wealth of experience in digital assets and strategy, and his previous tenure includes significant roles at Rain and Uber. OKX’s recent provisional license acquisition from Dubai’s VARA for services to qualified investors in the UAE further solidifies its position in the market.

Hong Fang, President of OKX, said: “We’re thrilled to welcome Rifad as OKX’s leader in MENA. With his extensive background in digital assets, finance and growth, and years of local leadership in the region, Rifad is a key strong addition to the team. With MENA being one of the fastest growing markets globally for digital assets and Web3 adoption, this appointment is a testament to our commitment to drive sustainable growth in this region.”

Rifad Mahasneh, OKX MENA General Manager, added: “I’m excited to join OKX and lead its MENA business – it’s a privilege to be a part of such a forward-thinking and innovative company. I look forward to contributing to the development of OKX in the UAE and across the MENA region, and to playing a role in helping to onboard the next billion users to Web3.”

OKX launched Signal Trading, leveraging TradingView’s charting

This week, OKX announced the launch of its Signal Trading service, an innovative solution designed to seamlessly connect signal providers with traders.

This service leverages the capabilities of TradingView’s charting platform to enable the creation and execution of trading signals, which suggest optimal moments for buying or selling cryptocurrencies.

Signal Trading presents signal providers with a lucrative opportunity to reach OKX’s extensive user base, which exceeds 50 million traders. The integration with TradingView is set to amplify the providers’ ability to generate and disseminate signals. They can also enjoy reduced latency and cost benefits compared to third-party platforms.

Traders, on the other hand, can bypass subscription fees and avoid latency issues often encountered with external platforms. OKX’s ecosystem provides a diverse array of signal providers, including institutional and professional traders, ensuring trust and reliability in the crypto exchange’s offerings.

OKX’s Signal Trading complements its suite of automated trading resources, which includes Trading Bots for round-the-clock trade automation and Copy Trading, allowing users to mirror the trades of seasoned traders effortlessly. These tools underscore OKX’s dedication to enhancing user experience and engagement in the crypto trading domain.

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