Easiest and cheapest ways to buy crypto in The United Arab Emirates
Getting bitcoins in The United Arab Emirates is not an easy task as not all popular crypto exchanges are available to The United Arab Emirates citizens. This is a current list of bitcoin exchanges that allow users from The United Arab Emirates to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
👛 Ease of Use – Easy 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP + more
eToro is a versatile trading platform that provides users with access to various financial instruments, including stocks, ETFs, cryptocurrencies, and CFDs. The platform has a straightforward fee structure, charging a 1% fee for cryptocurrency transactions, with no fees for ETFs and stocks, although ETFs may have their own internal costs.
The platform supports more than 140 countries, with the US joining the list quite recently. However, there are still some restrictions for US citizens since they can currently only trade cryptos on eToro. Other users are allowed to trade Stock, Forex, Social Trading, CFDs, Index-Based Funds, Cryptos, Indices, and ETFs. As we mentioned, the most popular feature on the platform is copy trading. Users can “copy” trades from other investors and make the same trades in real-time.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: $5 ⚡️ Trading fees: 0.75 % – 4.9 % spread depending on the cryptocurrency ⚡️ Payment Methods: 15+ (MasterCard, Visa, EWallets, etc.) ⚡️ Supported fiat: USD, EUR, GBP, and 20+ more
Unique features such as Social Trading and “Virtual Hub” Simple interface Competitive fees The minimum trade amount is very low
There aren’t many supported cryptocurrencies American citizens can only trade cryptos on the platform
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, AUD, RUB
Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $10 billion on a daily basis.
How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Vary from crypto to crypto ⚡️ Trading fees: 0.1% ⚡️ Payment Methods: Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more ⚡️ Supported fiat: USD, EUR, GBP, AUD, RUB, and 15+ more
High liquidity It supports a large number of crypto assets Widely considered the largest crypto platform Various advanced features and services One of the lowest fees among top exchanges
Not available in the US Not fully registered Hacked in 2019
👛 Ease of Use – Easy 👛 Fees – Average 👛 Verification – 2-3 Days 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, JPY, CAD
Kraken has been a dominant force since its inception in 2011. The platform is a hub for trading a diverse range of over 220 digital assets, with popular names like Bitcoin, Ethereum, and Cardano leading the pack. Kraken’s reputation for top-tier security measures is well-earned, ensuring a safe trading environment for its users.
Its reach is truly global, with availability spanning across many countries, though a few like Iraq and New York are left out. Kraken is also user-centric, offering a multitude of payment methods and accommodating various fiat currencies for transactions. For those with a penchant for advanced trading, Kraken provides a suite of sophisticated tools.
⚡️ Deposit fees: EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, ¥5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free) ⚡️ Withdrawal fees: Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (¥20) – Japan onlyCAD EFT Withdrawal ($10 CAD) ⚡️ Trading fees: Maker: 0.16%Taker: 0.28% ⚡️ Payment Methods: Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko ⚡️ Supported fiat: USD, EUR, GBP, JPY, CAD
Available almost worldwide Longevity on the crypto market – highly respected exchange Over 90 cryptocurrencies Advanced trading and staking services
Fees are fairly high compared to its main competitors No derivates or futures trading
Best Bitcoin Wallets in The United Arab Emirates
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets.
But, which bitcoin wallet is available in this country?
The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD
Coinmama is one of the oldest exchanges in the cryptocurrency world, having been established in 2013 by Laurence Newman, Nimrod Gruber, and Ilan Schuster. The company’s headquarters are located in Slovakia and Ireland.
Coinmama is an exchange that serves over 1.5 million users in over 150 countries and has a team of over 40 employees. Its user-friendly interface makes it an ideal choice for those new to cryptocurrency. When you buy coins through Coinmama, they are transferred directly to your own non-custodial wallet, rather than being held in Coinmama’s own wallets.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: None ⚡️ Trading fees: 2.9 – 3.9 % ⚡️ Payment Methods: Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD
Beginner-friendly interface Available almost worldwide Various ways to deposit Simple to use No withdrawal fee
No mobile app and no staking No phone number for customer support
Coinbase is a well-known and popular cryptocurrency exchange platform that offers a wide range of cryptocurrencies, including Bitcoin, Ethereum, and more. The platform has user-friendly design, advanced trading tools, and educational content to help users learn about different cryptocurrencies. It also offers a mobile app, crypto rewards, and a Coinbase debit card that allows users to spend their cryptocurrencies. However, it has a complex fee structure and high fees on certain transactions, as well as limited staking and interest opportunities.
⚡️ Deposit fees: Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10 ⚡️ Withdrawal fees: SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.)Coinbase USD wallet: 1.49%Wire Transfer USD: $25 ⚡️ Trading fees: Fees vary ⚡️ Payment Methods: Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer ⚡️ Supported fiat: USD, EUR, GBP, AUD, CAD, CNY & 50+ more
High liquidity & limits Great for newcomers “Instant Buy” is available when buying with a debit card
High fees with debit and credit card purchases Privacy concerns
👛 Ease of Use – Easy 👛 TradingFees – Average 👛 Verification – 1 day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, and more
Paybis is a cryptocurrency exchange platform that has been around for quite a while now, being founded back in 2014, and is well managed and trusted. With its headquarters in the United Kingdom, Glasgow, Paybis offers a multilingual easy-to-use platform to its users.
Paybis supports 180 different countries all around the world. Their goal is to provide their users with a stable, safe, secure, and easy-to-use platform that has non-stop 24/7 customer support. Paybis is registered with FinCEN as a Money Services Business. The exchange supports 38 different cryptos, including the most popular cryptocurrencies like Bitcoin, Bitcoin Cash, Binance Coin, Ethereum, Litecoin, Litecoin, etc.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Free ⚡️ Trading fees: 0.99 – 2.49 % ⚡️ Payment Methods: Bank Transfer, Credit/Debit Card, Skrill, and Neteller. ⚡️ Supported fiat: USD, EUR, GBP, and 40+ more
Instantaneous transfer of funds from your wallet Solid security Transparent fees and fast transactions 24/7 support that is multilingual
Just 38 cryptocurrencies supported Trading fees higher than the market’s average
Frequently asked questions about buying Bitcoin in United Arab Emirates
Is Bitcoin allowed in UAE❓
The Central Bank of the UAE does not recognize cryptocurrencies as legal tender. However, they can be traded on various crypto exchange platforms available as there is no prohibition against crypto assets in the UAE,
What is the best crypto exchange in UAE❓
If you want to buy Bitcoin from an exchange local to the United Arab Emirates, BitOasis is one of the largest exchanges in the Middle East. Based in Dubai, BitOasis supports many of the largest cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
Is crypto legal in Dubai❓
New rules are being passed in the United Arab Emirates (UAE), guaranteeing stringent punishments for crypto scammers targeting investors in the country. These rules which will come to effect on January 2, 2022, entail prison time for up to five years as well as a penalty of up to AED 1 Million.
Is there Bitcoin ATM in Dubai❓
Unfortunately, there are no Bitcoin ATMs in Dubai at this time.
How can I buy Ethereum in UAE❓
Buying Ethereum in UAE is legal, safe, and simple, but you need to choose the right broker or cryptocurrency exchange. The most common way to buy Ethereum is to find an exchange, set up a trading account, deposit funds, buy Ethereum, and store it in an e-wallet.
Can I use Kraken in UAE❓
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How can I convert Bitcoin to cash in UAE❓
One of the most popular ways is on the Coinsfera webpage. 1. Calculate. 2. Determine the amount you want to sell in the calculator on the Coinsfera webpage. 3. Appointment. Arrange an appointment with Coinsfera staff via phone, Whatsapp, or Telegram. Sell Bitcoin.
Is Coinbase available in UAE❓
Yes, Coinbase is available in UAE.
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As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge.
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