Some of the top crypto exchanges in Dubai that fit these criteria are Rain, eToro, Binance, and BitOasis. These platforms have been in business for a long time and have gained the trust of millions of users around the world. Everyone has different trading preferences, meaning requirements will differ substantially from person to person. Therefore, it pays to consider how you want to trade and which exchanges can facilitate your preferred method.
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- Here’s a look at the best crypto exchanges in the UAE to trade Bitcoin and altcoins in 2025, based on regulatory standing, features, liquidity, and local support.
- As for the advanced trading options, Binance offers spot trading, margin trading with up to 10x leverage and futures trading with a leverage of up to 125x.
- While Bitget is not yet fully licensed in the UAE, the company is actively working to secure regulatory approvals and establish a regional office.
- No matter where you use the platform, eToro uses USD as its operational currency.
Cex.io Fees
Here’s a look at the best crypto exchanges in the UAE to trade Bitcoin and altcoins in 2025, based on regulatory standing, features, liquidity, and local support. Choosing the best crypto exchange in UAE and Dubai can be overwhelming for anyone. As a beginner, you can go for platforms like Binance and KuCoin which offer low fees and tons of great trading options.
Most Popular Bitcoin Exchanges in The United Arab Emirates
However, people looking for advanced trading tools or a wide selection of assets should consider an alternative. Rain is another Bahrain-based cryptocurrency exchange similar to CoinMENA and was established in 2017. It is the very first crypto exchange to be regulated in the Middle East. With licensing from the Central Bank of Bahrain (CBB), Rain is a trusted platform for buying, selling, and storing cryptocurrencies. Currently, Rain is offering services to over 250,000 users all across the MENA region.
Coinbase vs Bybit vs BYDFI
P2P exchanges enable you to trade Bitcoin or crypto directly with other people. They connect buyers and sellers, enabling both parties to negotiate and set their own prices. P2P exchanges are very popular in the UAE because they give you control over trade.
Do I Need A Crypto Wallet To Use An Exchange?
- However, the exchange strives for regulatory compliance and has introduced mandatory Know-You-Customer (KYC) verification.
- Top Bitcoin platforms have cold storage, insurance coverage, 2FA, and regular proof-of-reserves audits.
- Also, many people are worried about hacks or insolvency on CEXs, but most of the platforms have strong security measures.
- In April 2023, Bybit announced the opening of its global headquarters in Dubai which marks a significant step in its expansion and growth.
A clean and simple platform makes it easy for you to purchase, sell, or follow cryptocurrencies. Complicated platforms increase the chances of making mistakes or frustration. You can get discounts if you trade large volumes or hold OKX’s native token, OKB.
The UAE’s regulatory environment is conducive to cryptocurrency businesses, positioning the country as an attractive market for Binance. As of 2024, Binance will transition all UAE resident accounts to its locally regulated platform, Binance FZE, which supports over 300 virtual assets and AED transactions. Binance’s market share in the region is robust, bolstered by local partnerships and an expanding user base. In a nutshell, the best crypto exchanges in the UAE are Binance, Bybit, OKX, BitOasis, Rain, Bitget, MEXC, and Crypto.com.
Best Crypto Exchanges in UAE
Binance is ideal for serious investors who want access to the full range of financial products and deep market liquidity. You have many choices for crypto platforms in Dubai, but some are better than others in terms of reliability, security, and convenience. The United Arab Emirates has 6 trusted exchanges available for you to sign up for, with the most popular being Rain and Binance, which account for a combined 215,010,000 active users. ByBit user funds are stored securely offline in cold wallets and routinely provides Proof of Reserves audits and publishes them to the public.
Stablecoins are solidifying their role as the backbone of blockchain payments. Their price stability makes them ideal for cross-border transactions and everyday use, addressing the volatility issues of traditional cryptocurrencies. Gemini leads the way in security with its SOC 2 Type II certification, robust cold storage system, and $200 million insurance fund.
Current Operations and Market Position
Dubai and the UAE are heavily supporting technologies such as digital assets, and have launched several initiatives to increase adoption as it positions itself to become a leader in the economy of the future. Binance also expects the adoption of digital assets to be “much faster” in the next five years compared to the last five, when the industry experienced the so-called crypto winter, according Binance cryptocurrency exchange to Mr Teng. Yes, several exchanges in Dubai, such as Binance, BitOasis, and CoinMENA, support AED transactions for local users. EToro is often recommended for beginners in Dubai due to its social trading features and user-friendly interface for diversifying investments. Top crypto exchanges in Dubai include Binance, BitOasis, Bybit, Crypto.com, Kraken, Rain, OKX, eToro, MEXC Global, and CoinMENA.
In addition, it wants to create a working ecosystem of startups, backed by a solid team of employees and crypto enthusiasts, to build a decentralised financial platform based on cryptocurrency. Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates. Consolidation through mergers, acquisitions, and strategic alliances enables exchanges to scale technology, enhance liquidity, and expand their global footprint. These partnerships are crucial for staying competitive and meeting the evolving needs of a diverse user base. Additionally, AI enhances security through real-time fraud detection and risk assessment, while personalizing the user experience.
These fees can be either transaction charges, withdrawal fees, or deposit fees. High fees can reduce your profits, so it is important to find an exchange with fair rates. Coinbase also has an Advanced Trade platform which replaced the Coinbase pro version.
For professional traders seeking sophisticated trading options, this platform is perfect for them. In futures contract users can use a leverage of up to 100x on major cryptocurrencies. With millions of active users, an international market, and strategic investors on board, Kraken, joins Coinbase and Binance to become the big three cryptocurrency exchanges in the global market. Kraken provides cryptocurrency to fiat trading and provides price information to Bloomberg Terminal. In February 2019, Kraken announced that it had raised $100 million in a direct offering to its largest customers at a $4 billion valuation. It’s easy to see why Binance is the world’s most popular crypto exchange.