The city of Dubai, United Arab Emirates is home to approximately 2 million citizens and is the pioneer of the Dubai blockchain initiative within its own government.
Here are the 21 best exchanges in Dubai to buy bitcoin.
Need a reliable bitcoin wallet? Have a look at our wallets page.
Etoro
| Website: | etoro.com |
| CEO: | Yoni Assia |
| Headquarters: | London, United Kingdom |
| Founders: | David Ring, Ronen Assia, Yoni Assia |
| Founded: | 2007 |
| Customer service: | Knowledge Base |
Etoro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.
Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).
Minimum first time deposit for US users is $50 USD and $200 USD for most countries.
Etoro accepts deposits in USD, EUR, GBP, and AUD.
Pros
- Diverse selection of markets
- Excellent reputation
- User-friendly interface
- Great customer support
- Low fees
Cons
- Bitcoins can not be withdrawn
Disclaimer: Crypto assets are unregulated & highly speculative in some EU countries. No consumer protection. Capital at risk.
Crypto investing is offered by eToro (Europe) Ltd. and custody is provided by eToro Germany GmbH. Your capital is at risk.
eToro AUS Capital Limited AFSL 491139. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. See PDS and TMD.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Binance
| Website: | binance.com |
| CEO: | Changpeng Zhao |
| Headquarters: | Malta, European Union |
| Founders: | Changpeng Zhao, Yi He |
| Founded: | 2017 |
| Customer service: | Knowledge Base |
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform. Through Binance P2P, more than 700 payment methods are supported.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
- Trustworthy management
- High volume exchange
- Low fees
- A large number of cryptocurrency pairs
- Global support
Cons
- Few payment options
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
CEX IO
| Website: | cex.io |
| CEO: | Oleksandr Lutskevych |
| Headquarters: | London, United Kingdom |
| Founders: | Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.
CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.
CEX.IO accepts deposits in USD, EUR, GBP, and RUB.
Pros
- Established and trustworthy
- Supported worldwide
- Low fees
- Simple credit card purchases
- Clean user interface
Cons
- Verification procedure requires private information
- Lengthy verification time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
OkCoin
| Website: | okcoin.com |
| CEO: | Star Xu |
| Headquarters: | San Francisco, California |
| Founders: | Star Xu, Jim Nguyen, Cecilia Li, Philip Wei |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
OkCoin is the world's leading digital asset exchange and provides attractive value for users with exceptional security, transparency, and professionalism.
The exchange is globally licensed with offices in San Francisco, Malta, Hong Kong, Singapore, Japan, and Korea.
OkCoin accepts deposits in USD, EUR, and SGD.
Pros
- Excellent customer service
- Advanced trading tools
- Low fees
Cons
- Tight verification
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paybis
| Website: | paybis.com |
| CEO: | Innokenty Isers |
| Headquarters: | Glasgow, United Kingdom |
| Founders: | Innokenty Isers, Konstantins Vasilenko, Arturs Markevics |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Paybis is a digital and cryptocurrency exchange that specializes in fast and reliable transactions while providing a large number of payment options.
Paybis accepts deposits in USD, EUR, CAD, GBP, and JPY.
Pros
- Large purchasing limits
- Wide range of payment options
- Intuitive and user-friendly interface
- Global support
- 24/7 Multilingual customer service
Cons
- Bank transfers can take 1 to 5 days to complete
- Above-average fees
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | High | High | High |
Kraken
| Website: | kraken.com |
| CEO: | Jesse Powell |
| Headquarters: | San Francisco, California |
| Founders: | Jesse Powell |
| Founded: | 2011 |
| Customer service: | Knowledge Base |
Kraken is the world's largest Bitcoin exchange and offers a vast selection of cryptocurrencies and internationally accepted funding methods.
Kraken Pro provides individual and institutional investors with advanced real-time trading and charting tools.
Kraken accepts deposits in USD, EUR, CAD, GBP, JPY, and CHF.
Pros
- Respectable reputation
- Global support
- Reliable customer support
- Tiered verification
- Affordable fees
Cons
- Few payment methods
- Sophisticated UI
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Coinmama
| Website: | coinmama.com |
| CEO: | Sagi Bakshi |
| Headquarters: | Israel |
| Founders: | Laurence Newman, Nimrod Gruber, Ilan Schuster |
| Founded: | 2013 |
| Customer service: | 24/7 email support and Knowledge Base |
| More information: | Read Review |
Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.
Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.
Pros
- Available worldwide
- High purchasing limits
- Dependable and trustworthy
- Excellent leadership and customer support
- Fast and secure transactions
Cons
- High fees when purchasing with a credit card or debit card
- Delay in processing time
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Bittrex
| Website: | bittrex.com |
| CEO: | Bill Shihara |
| Headquarters: | Seattle, Washington |
| Founders: | Bill Shihara, Richie Lai, Rami Kawach |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
Bittrex is one of the largest cryptocurrency trading platforms in existence and serves customers all over the world.
Bittrex currently accepts deposits in USD for fiat trading only.
Pros
- A large number of cryptocurrency pairs
- Strong security
- Privacy
Cons
- Customer support
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Wirex
| Website: | wirexapp.com |
| CEO: | Pavel Matveev |
| Headquarters: | London, United Kingdom |
| Founders: | Dmitry Lazarichev, Pavel Matveev |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.
Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.
Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.
Pros
- Multiple funding methods
- Ability to purchase bitcoin at market rate
- Wallet and exchange
Cons
- The initial lag time
- Not supported in all countries
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Great | Low | High | High |
CoinSmart
| Website: | coinsmart.com |
| CEO: | Justin Hartzman |
| Headquarters: | Toronto, Canada |
| Founders: | Justin Hartzman, Michael Koral, Jeremy Koven |
| Founded: | 2018 |
| Customer service: | FAQ, 24/7 Ticket Support and Live Chat |
CoinSmart is one of the leading Canadian crypto trading platforms that allows users to buy and sell crypto.
CoinSmart accepts deposits in USD, EUR, GBP, and CAD.
Pros
- Caters to all levels of crypto experience
- Easy-to-use interface for basic and advanced traders
- 24/7 Support
- Low trading fees
- High fiat transaction limits
- Fast and secure transactions
Cons
- High fees when purchasing with a credit card or debit card
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Paxful
| Website: | paxful.com |
| CEO: | Ray Youssef |
| Headquarters: | New York, New York |
| Founders: | Ray Youssef, Artur Schaback |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Paxful is a person-to-person marketplace that supports over 300 payment methods.
Paxful gives vendors the ability to create offers in all currencies.
Pros
- Escrow system
- Security
- Diverse payment methods
- Simple user interface (UI)
- Wide variety of sellers
Cons
- Buyers and sellers are at risk of being scammed
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
LocalBitcoins
| Website: | localbitcoins.com |
| CEO: | Sebastian Sonntag |
| Headquarters: | Helsinki, Finland |
| Founders: | Jeremias Kangas |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.
LocalBitcoins gives vendors the ability to create offers in all currencies.
Pros
- Available in every country of the world
- A diverse selection of buyers and sellers
- Supports many payment methods
- Buyers get their bitcoins fast
- Private
Cons
- Lack of cryptocurrency diversity
- Both sellers and buyers have a chance of being scammed.
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Changelly
| Website: | changelly.com |
| CEO: | Eric Benz |
| Headquarters: | Malta, European Union |
| Founders: | Konstantin Gladych, Ilya Bere |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
Changelly is an instant cryptocurrency exchange which supplies the best live rates on the market for every pair. The interface is colorful and simple to manage, and transactions are performed instantly.
Changelly accepts USD, EUR, and GBP for buying cryptocurrency.
Pros
- Fast
- Private
- Low fees
- High exchange limits
- 24/7 live chat support
Cons
- Limited payment methods
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
BitOasis
| Website: | bitoasis.net |
| CEO: | Ola Doudin |
| Headquarters: | Dubai, United Arab Emirates |
| Founders: | Ola Doudin, Daniel Robenek |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
BitOasis is a bitcoin consumer wallet and instant exchange focused on cash-based emerging markets in the Middle East & North Africa. BitOasis is the first platform to offer cryptocurrency buying, selling and trading services in the Middle East serving the entire Gulf region.
BitOasis accepts deposits in AED.
Pros
- Low fees
- Clean interface
- Easily accessible
Cons
- Limited number of supported countries
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Bitex UAE
| Website: | bitexuae.com |
| CEO: | Monark Modi |
| Headquarters: | Dubai, United Arab Emirates |
| Founders: | Monark Modi |
| Founded: | 2018 |
| Customer service: | Knowledge Base |
Established in August 2018, Bitex UAE is a Dubai-based secure, professional trading platform that facilitates the buying and selling of digital currencies including Bitcoin, Ethereum, Litecoin, and Ripple.
Bitex UAE addresses a growing demand in the Middle East and North Africa for a secure cryptocurrency wallet and trading platform.
Bitex UAE accepts deposits in AED.
Pros
- Easy sign-up process
- Many cryptocurrencies supported
- iOS and Android app support
Cons
- Limited number of countries supported
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Good | Low | High | Low |
Fasset
| Website: | fasset.com |
| CEO: | Mohammad Raafi Hossain |
| Headquarters: | Abu Dhabi, United Arab Emirates |
| Founders: | Daniel Ahmed, Aziz Zainuddin, Mohammad Raafi Hossain, Mohammed Al Sharaf |
| Founded: | 2019 |
| Customer service: | Knowledge Base |
Fasset is the first zero-fee cryptocurrency exchange in the Middle East. Regulated by the Central Bank of Bahrain, users from Saudi Arabia, UAE, Bahrain, Oman and Kuwait will be able to easily purchase cryptocurrencies with their local currency on the exchange. Fasset takes the complexity away from cryptocurrency trading, offering an easy, secure, and user-friendly app and web platform for new users and experienced traders.
Fasset accepts deposits in SAR, AED, KWD, BHD, and OMR.
Pros
- Zero trading fees
- Best prices across the Middle East
- Extremely simple & user-friendly interface
- Great customer support (English & Arabic)
- Variety of 20+ cryptocurrencies available for trading
Cons
- No card payments
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Crypto.com
| Website: | crypto.com |
| CEO: | Kris Marszalek |
| Headquarters: | Hong Kong |
| Founders: | Kris Marszalek, Rafael Melo, Gary Or |
| Founded: | 2016 |
| Customer service: | Knowledge Base |
Crypto.com is a payment and cryptocurrency platform that empowers users to buy, sell, and pay with crypto.
Crypto.com accepts deposits in USD, GBP, EUR, SGD, CAD, AUD, NZD, HKD, TWD, NOK, SEK, DKK, CHF, PLN, ZAR, KES, RUB, BGN, RON, ILS, SAR, AED, HUF, CZK, TRY and BRL.
Pros
- Diverse selection of currencies
- Crypto.com Visa debit card
- User-friendly interface
- Great customer support
- Low fees
Cons
- A relatively new player in the market, with a shorter track record
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Bitsquare
| Website: | bisq.network |
| CEO: | Manfred Karrer |
| Headquarters: | Barcelona, Catalonia, Spain |
| Founders: | Manfred Karrer |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Bitsquare is a peer to peer exchange that allows users to buy and sell bitcoins and exchange them for other altcoins and fiat currencies.
If you value your security as a trader, then Bitsquare is the perfect bitcoin trading platform especially if you love remaining anonymous.
Bitsquare users can buy and sell bitcoin with all national fiat currencies.
Pros
- Respectable reputation
- Supported globally
- No registration required
- Privacy
- Perfect for advanced traders
Cons
- Few payment methods
- Not suitable for beginners
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Huobi
| Website: | huobi.com |
| CEO: | Leon Li |
| Headquarters: | Singapore |
| Founders: | Leon Li, Jun Du |
| Founded: | 2013 |
| Customer service: | Knowledge Base |
Huobi is a global blockchain asset financial services provider with offices in Hong Kong, Korea, Japan, and the United States.
Huobi accepts deposits in USD, VND, MYR, HKD, and RMB.
Pros
- Many cryptocurrencies and payment methods supported
- High liquidity
- Trustworthy management
- Good customer support
Cons
- Long verification process
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Excellent | Low | High | High |
Abra
| Website: | abra.com |
| CEO: | Bill Barhydt |
| Headquarters: | Mountain View, California |
| Founders: | Bill Barhydt, Gwyneth Paltrow |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Abra is an all-in-one cryptocurrency wallet and exchange app available on both iOS and Android platforms.
International Abra users can see all 54 fiat currencies. Citizens in the United States can only see TUSD.
Pros
- Many payment methods
- Diverse cryptocurrencies supported
Cons
- Slow customer support
- Mobile only
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Good | Low | High | High |
Bitcoin ATM
| Website: | coinatmradar.com |
| Headquarters: | Bulgaria |
| Founded: | 2014 |
| Customer service: | Knowledge Base |
Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand. There is a Bitcoin ATM in every region of the world.
Check out the Bitcoin ATM map on Coin ATM Radar to see if there is one near you.
Pros
- Easily accessible
- Convenient
- Fun to use
- Physical kiosk with receipt and customer service
Cons
- Distance to travel
- Higher fees than most exchanges
| Reputation | Fees | Privacy | Limits |
|---|---|---|---|
| Great | High | Low | High |
Map Of The Middle East
Looking for more ways to buy bitcoin?
Here are the most popular payment methods you can use to buy bitcoin.
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|---|---|---|---|---|
World Map
Bitcoin ATMs In Dubai
As of February 15th, 2021, there is a total of 1 Bitcoin ATM in Dubai to buy bitcoin in person. This Bitcoin ATM is located at Baniyas Square-14th Rd, Dubai, United Arab Emirates.
See the full map here.
A Guide To Buying Bitcoins In Dubai, United Arab Emirates
The City Of Dubai
Now known as the largest and most populous city in all of the United Arab Emirates, the beautiful city of Dubai begets its humble roots as a simple pearl-fishing village. Over the years Dubai has established itself as an international port city for free trade.
Free Port
Dubai is not only a global city and business hub of the Middle East but also a major global transport hub for passengers and cargo. Established as a free port in 1901 by Maktoum bin Hasher Al Maktoum, Dubai enforced no taxation on imports or exports.
In the 1980s, Dubai fashioned itself into a free-trade oasis at the prompting of Sheik Mohammed bin Rashid al-Maktoum.
Gold & Oil Trade
Dubai has been at the center of the gold trade since the 1960s. Whether exported or imported, the vast majority of Dubai’s gold trade has occurred internationally off the coast of India.
In 1966, 4 million ounces of gold were shipped from London to Dubai which was a world record at the time. Dubai has been and will continue to be a major gold and precious metals exporter across the globe.
Despite its humble roots, the discovery of oil deposits off the coast of Dubai in 1966 accelerated the development and economic growth of the city. Today, only 5% of the emirate’s revenue is from oil.
Modern Day Dubai
If you are traveling to Dubai, you may want to visit its rich collection of skyscrapers and man-made structures. Many residents choose to live in Dubai for its unique selection of real estate, whether they are renting an apartment in the Emirate Towers or booking a room at the expensive Burj al Arab.
- The Burj al Arab is the world’s only “7-star” hotel, which features a Skyview bar, an underwater restaurant, and an outdoor tennis court.
- Opening in 2010, the Burj Khalifa, constructed by more than 30 contracting companies around the world, is the world’s tallest building.
- The Palm Islands are the largest artificial islands in the world and home to the Palm Jumeirah.
- The city is home to the Dubai Miracle Garden which has over 150 million flowers arranged in colorful arches and patterns.
- Located in downtown Dubai, the Dubai Mall is the second-largest mall in the world by total land area.
نحن ندعم بثبات شبابنا ، وسوف نمكنهم من تحقيق أعلى مستويات الابتكار والإبداع في جميع المجالات – Sheikh Mohammed bin Rashid Al Maktoum
Bitcoin In Dubai
With cryptocurrency getting more mainstream media attention in Dubai, people are clamoring to get a piece of the action to buy bitcoin in Dubai, United Arab Emirates. Today, there are hundreds of cryptoassets on the market, with more cropping up every day. However, bitcoin is the first blockchain-backed cryptocurrency and remains the most popular and most adopted. If you know where to look you can find a reputable bitcoin seller in every corner of the United Arab Emirates (UAE).
Over the last few years, the digital currency has trended upwards hitting record highs and making headlines. Bitcoin and related blockchain technologies are already beginning to be used by people, businesses, and governments around the world. If you missed out on the initial bitcoin craze, you can still hold onto them for the long term. The adoption of bitcoin is still in its infancy, so there will be more opportunities for growth.
The blockchain has great potential to disrupt a multitude of industries including banking, government, industrial and business sectors. While we may not know which cryptocurrency will eventually become the new “dollar”, we do know that bitcoin is the first mover in the blockchain era of technology. This means that as long as people hold bitcoin, it will have inherent value since it will be used as a means to exchange between currencies.
Obtaining bitcoin in the United Arab Emirates can be challenging for beginners who want to try their luck in the cryptocurrency market. If you are based in the Gulf region, and particularly in the beautiful city of Dubai, we are going to take you through how you can acquire some bitcoins in your wallet and build your portfolio. But let’s start with a brief look at what bitcoin is and the mother technology that is behind its inception.
Bitcoin And The Blockchain In A Nutshell
Bitcoin is a decentralized digital currency built on the Blockchain invented by Satoshi Nakamoto. No one knows who the inventor is or if it was created by a group of developers; as it stands the identity of Satoshi remains a mystery. In order to process transactions efficiently without involving an intermediary, bitcoin utilizes Blockchain technology. Think of the Blockchain as a network of nodes and computers that work together to ensure each transaction is cryptographically secure.
There are many reasons to love bitcoin. It can be used as a store of value and serve as a powerful hedge against the dollar. At the same time, bitcoin is seamless, transparent and easily transferable between Fiat currency and Gold. For many pundits, bitcoin is a unique gimmick, while technologists consider it a more effective way to securely hold and transfer money. Early adopters know that bitcoin is a borderless currency that has real potential to disrupt global economics.
Late last year, we saw Dubai make headlines when a residential real estate was sold in digital currency, notably bitcoin. Yes, it happened in September when Aston Plaza started offering off-plan studio as well as one and two-bedroom units for around 30 – 70 BTC, a time when the digital currency was worth around $4,900 (Dh18,000). This showed the world that indeed bitcoin can be used as a payment option – not just a digital asset.
“The adoption of this technology will reflect on the quality of life in the UAE and will enhance happiness levels for citizens” – Sheikh Mohammed bin Rashid Al Maktoum
Bitcoin Expansion Across The Middle East
- User anonymity – While each transaction can be easily traced from one address to another, the identity of users remains private and discrete. Personal purchases from a wallet cannot be associated with your details unless you wish to publish your transactions publicly.
- No third-party influence – Unlike fiat currency which is widely controlled by central banks and governments across the globe, bitcoin is unique because third parties do not directly influence it. It operates purely on peer-to-peer transactions, guaranteeing more freedom and control for people across the planet.
- Low transaction fees – Standard bank transfers involve fees. Cross-border payments attract higher costs because of intermediaries. By utilizing bitcoin and the blockchain, transaction costs are inherently low.
- Faster payments – Bitcoin payments are seamless to complete. Unlike the traditional bank wire transfer which could take days or weeks to process, bitcoin transactions are handled on the more efficient blockchain network, which has no wait periods for authorization requirements.
- No paperwork – With bitcoin transactions, forget about sending proof of address, showing your passport or ID card or going into a bank. You just need your own wallet, and an address to send bitcoins to.
- Appreciating value – Apart from being used as a digital currency, bitcoin can also be used as a store of value, which makes it viable as an investment.
Where You Can Buy Bitcoin In Dubai
Now that you have an idea of what bitcoin is, let’s get back to our main agenda – how you can acquire this cryptocurrency while in Dubai, UAE and the greater Middle East. There are many options, but we will take you through the most accessible routes. There are four main exchanges you can use to purchase bitcoin in the Middle East.
- Regal Assets – Precious metals firm specializing in alternative assets
- LocalBitcoins – Buy and sell bitcoin with local merchants
- BitOasis – Tested cryptocurrency exchange
- Bitex UAE – Digital asset exchange of UAE
Note: Remember that each of these exchanges has its Pros and Cons, which we will look at, so weigh your options depending on your needs.
Buying Bitcoin Through Regal Assets
Regal Assets is a prominent precious metals custodian and dealer that is well known among investors for its customer service and state of the art security. Investors can invest in Alternative Assets like cryptocurrency & precious metals which are stored in ultra-secure offshore vaults located in a crypto-friendly jurisdiction. Regal is insured by the Lloyd’s of London.
| Website: | regalassets.com |
| Phone: | (833) 863-2020 |
| Headquarters: | Beverly Hills, California |
| Founded: | 2010 |
| Minimum: | $10,000 |
Regal Assets is the world’s first government licensed and insured cryptoasset investment company in Dubai and the surrounding Saudi Arabian peninsula.
Regal Cryptos is available for international investors to safely invest in alternative assets with cash such as Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP), Ethereum (ETH), Ethereum Classic (ETC), Stellar Lumens (XLM) and privacy cryptoassets Monero (XMR), Zcash (ZEC) and Dash.
Since the platform offers a unique way to purchase bitcoin, it boasts many benefits for investors. One of the most striking things about Regal Assets is the cold storage and offline wallet that they offer. When you purchase bitcoin and other cryptocurrencies, your private keys are stored in a cold wallet securely located away from any natural disaster, emergency or government confiscation.
The company is responsible for safekeeping including transportation and vault security. Regal works directly with the government of Dubai and the Dubai Multi Commodities Centre (DMCC).
Investment Programs
- Regal Cryptos grants international investors the ability to make cash investments in the cryptocurrency of their choosing (minimum $5,000) and store the private keys within secure vaults.
How To Make An Investment With Regal Assets
Investing in bitcoin with the company is simple.
Step 1: Create an account. Visit the company’s official website and create an account, ensuring that you fill out all of your details correctly. There are three steps in the account creation: (1) Account holder information, (2) Birth information, and (3) Source of funds.
Step 2: Once you are given access, fill out the provided form, and your account will be reviewed and set up within 24 hours.
Step 3: The next step is to fund your account, which is a simple process.
Step 4: Once complete, the job is on the company’s side to process and deliver your investment. They will load your account and proceed to put the funds in cold storage for the utmost security.
Step 5: At any time, feel free to call your personal company representative for updates on your account.
Summary: Remember to always do your due diligence as an investor, however, it seems that Regal Assets has developed a virtually flawless platform for long-term bitcoin investments. Regal Cryptos is available for international investors to safely invest in alternative assets with cash such as Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM), and privacy cryptoassets, Monero (XMR), Zcash (ZEC) and Dash among others.
REMEMBER: If you are investing more than $10,000, Regal Assets will cover the setup fees and storage charges for the full first year, saving you upwards of $300 compared to what you would have had to pay elsewhere.
If you would like to visit the company in person, here is their company information:
Regal Assets Company Information
Address: Almas Tower, Suite 36-F Jumeirah Lake Towers Dubai, United Arab Emirates
Phone: 001-833-863-2020
International Investors: www.regalcryptos.com
Home: www.regalassets.com
Years in Business: 9 Years
Regal Assets is a proud member of the BBB and BCA and holds the highest rating a company can obtain from the BBB and BCA. Regal Assets has been a featured member of the BCA due to their high level of customer service. With a 5 star out of 5-star customer service review and over 711 reviews, Regal Assets has earned a preferred membership status with TrustLink. Inc. Magazine has ranked Regal Assets No. 20 in the United States for financial services landing Regal Assets on the Inc. Magazine 500 List, an exclusive ranking of the nation’s fastest-growing private companies. As an industry leader, Regal Assets has attracted the support and business of prominent figures and celebrities including Alan Thicke, Dennis Miller, Laura Ingraham, Jerry Doyle, Lars Larson, and Alan Colmes. Regal Assets has been featured in Smart Money, Forbes, Market Watch, Reuters, The Street, And the Hollywood Reporter.
Disclosure: The owners of this website may be paid for sales or leads generated from recommendations or links to various investment opportunities. We strongly recommend seeking the advice of your financial adviser before making any investment.
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.” – Nassim Taleb, New York Times Best Selling Author
Buying Bitcoins Using LocalBitcoins
LocalBitcoins is a person-to-person bitcoin trading platform with over 1,000,000+ active users in which local buyers and sellers can meet up and exchange bitcoin (P2P). They serve 248 countries worldwide. Not only can you purchase bitcoin in the UAE on LocalBitcoins, but also the rest of the Middle East including Bahrain, Cyprus, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, and Yemen.
| Website: | localbitcoins.com |
| CEO: | Sebastian Sonntag |
| Headquarters: | Helsinki, Finland |
| Founders: | Jeremias Kangas |
| Founded: | 2012 |
| Customer service: | Knowledge Base |
| More information: | Read Review |
LocalBitcoins serves as a marketplace where you can buy bitcoin from local sellers and have the ability to haggle for a favorable price. The platform is unique in that it has a reputation and feedback system for buyers and sellers along with an escrow and conflict resolution service. The platform is simple to use and fun to navigate. It is easy for a registered trader in just about any city or country around the world to locate and find a nearby bitcoin merchant.
Registering, buying and selling bitcoin on LocalBitcoins is completely free and getting verified is fast and only requires (1) E-mail, (2) Phone number or (3) Identity verification. Every bitcoin seller has a rating, so when it comes to performing a transaction your choices are flexible and can be instant. There are hundreds of options for payment including cash, credit card, cashier’s check, gift card, postal mail, MoneyGram, PayPal, Western Union, Venmo, Square Cash, Walmart 2 Walmart, QIWI, Payoneer, Payza, Xoom, MobilePay, Chase QuickPay, Google Wallet, WebMoney, Vanilla and various cryptocurrencies. Users who create advertisements are charged a 1% fee for every completed trade.
Each account can be secured with Two-Factor Authentication (2FA) which can be enabled within the Google Authenticator app or with a paper code. Getting in touch with customer support is easily accessible and response times are fast.
The best aspect of the marketplace is that every user has their own web wallet.
How To Get Started On LocalBitcoins
Step 1: Sign up on the site and use a secure password. The website shows bitcoin sellers within your city or region regardless of whether or not you have an account. It is recommended that you list yourself to enjoy the escrow services that the platform offers.
Step 2: Once you have signed in, go ahead and search for local bitcoin sellers in the ‘Buy’ section. You will likely see many offers with different payment options. Now, your job is just to hit Buy, ensuring that the user you select has a favorable rating (preferably more than 90%), for a swift trade.
LocalBitcoins Sellers in UAE
Step 3: When you click Buy*, you will go to a page with details about the terms of trade (created by the seller), information on trade limits, payment methods, and some fields, where you need to enter either the number of bitcoins you wish to purchase or the amount of money in AED. There’s also a chat section where you can add more information. When you complete filling these fields, hit, “Send trade request.’
*Alternatively, you can directly message the seller to schedule a time and place to meet up.
Step 4: The bitcoin seller will now receive notification of your request, and the number of bitcoins you intend to buy will credit from their account to LocalBitcoin’s escrow service. They will also respond to the chat section, asking you to send the payment. Don’t worry about anything – go ahead and make the payment. Once you finish, click on the confirmation on the bottom right of the page.
Step 5: Once the seller confirms payment, the bitcoins will release and reflect in your account. LocalBitcoins saves the chats for some time should you return with a complaint about the transaction.
You now have bitcoin in your possession or within your web wallet.
Conclusion: LocalBitcoins is an excellent option for those who want to perform a same-day trade with a local seller in Dubai or anywhere in the world. Not only does LocalBitcoins have an easily navigable site, but also their user management system makes it easy to vet and review other buyers & sellers. Overall, LocalBitcoins has no fees and is an effective platform for purchasing bitcoin from nearby merchants using just about any payment method out there. If you want to learn more about LocalBitcoins feel free to read our full review here.
“At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.” – Peter Diamandis, CEO of the X PRIZE Foundation
Buying Bitcoins Using BitOasis
BitOasis is a bitcoin consumer wallet and instant exchange focused on cash-based emerging markets in the Middle East & North Africa. The multi-signature BitOasis Wallet (available on Android and iOS) also provides the highest level of security. It is the first platform to offer cryptocurrency buying, selling and trading services in the Middle East serving the entire Gulf region including the United Arab Emirates (UAE), Saudi Arabia, Oman, Kuwait, and Bahrain.
| Website: | bitoasis.net |
| CEO: | Ola Doudin |
| Headquarters: | Dubai, United Arab Emirates |
| Founders: | Ola Doudin, Daniel Robenek |
| Founded: | 2015 |
| Customer service: | Knowledge Base |
BitOasis is an excellent trading exchange for instantly buying, selling and trading bitcoin and other cryptocurrencies once registered and verified on the platform.
With BitOasis one can easily get started with buying bitcoin in UAE Dirham (AED). When you sign up for BitOasis, you will instantly gain access to your BitOasis wallet, which allows you to buy and sell bitcoin securely. Local and international deposits have a minimum amount of 300 AED. All other questions can be answered from within the Frequently Asked Questions (FAQ) page.
Not only does BitOasis have a clean and relaxed interface, but also their iOS and Android apps help to make the exchange fun and accessible. On BitOasis, you can buy, sell and trade Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ripple (XMR), Litecoin (LTC), ZCash (ZEC), Monero (XMR), Ethereum Classic (ETC), and Stellar (XLM). The BitOasis wallet helps to make the process of purchasing and holding cryptocurrency as enjoyable as possible.
BitOasis is a great option for quickly and efficiently purchasing BTC on the go. If you are in the Middle East and/or North Africa we recommend getting started with BitOasis as it is the premier bitcoin asset exchange in the region, and will continue to grow for the foreseeable future. The withdrawal feature is available for BitOasis traders in the United Arab Emirates (UAE), Saudi Arabia, Kuwait, and Bahrain only. Those located in Dubai will find BitOasis easily accessible to meet their needs.
How To Get Started On BitOasis
Step 1: Sign up on the platform, and verify your account.
Step 2: In order to make a purchase, you will have to create a voucher so that you can exchange it for the number of bitcoins you want. To do this, you will need to make a payment via credit card or bank transfer. The credit card takes less time and is the most recommended method. Bank transfer is cheaper but will require some time before confirmation.
Step 3: Click on the “Buy Bitcoin” tab found on the left side of the page, input the amount (voucher amount) as well as the payment method, in this case, credit card, and then hit Next. The charges will be around 6%, so you will pay a processing fee of 300 AED for bitcoins worth 500 AED. Check that the transaction details displayed on the voucher correctly reflect the number of bitcoins you want to buy.
Step 4: Confirm the payments by clicking “Proceed With Payment,” and you will redirect to the platform’s payment gateway, where you will need to fill in your credit card details. Click on the “Pay Now” tab and wait for verification of the transaction. This could take anywhere from a few minutes to 15 minutes, depending on the number of requests.
Step 5: Done! After some time, you will see the bitcoins in your BitOasis wallet.
Conclusion: Overall, the BitOasis interface is user-friendly and makes it simple for new visitors to navigate and purchase cryptocurrency quickly. The BitOasis Wallet works seamlessly with the exchange and is also available on both the iOS and Android app store, so you can check your funds anywhere you go.
“Bitcoin will do to banks what email did to the postal industry” – Rick Falkvinge, Founder of the Swedish pirate party
Buying Bitcoins Using Bitex UAE
Bitex UAE is a Dubai-based secure, professional trading platform facilitating the buying and selling of digital currencies including Bitcoin, Ethereum, Litecoin, and Ripple. Established in August 2018, Bitex UAE addresses a growing demand in the UAE for a secure cryptocurrency wallet and trading platform, with a view to growing into the Middle East market. The company launches with an experienced team of developers, legal advisors, and support staff.
| Website: | bitexuae.com |
| CEO: | Monark Modi |
| Headquarters: | Dubai, United Arab Emirates |
| Founders: | Monark Modi |
| Founded: | 2018 |
| Customer service: | Knowledge Base |
The Bitex UAE exchange platform is developed using the latest technologies and has followed the best development practices to reduce the risk of fraud. Bitex UAE uses numerous measures like 2FA, email verification, IP blocking, mobile verification and also manually verify unusual account activity and transactions in order to provide a secure experience. All the identity documents submitted to Bitex UAE remain securely stored in a remote database with the highest standards of encryption in order to maintain user privacy.
Bitex UAE offers a great entry point for people who want to trade digital currencies. You can flawlessly manage and maintain your digital assets on our secure platform with ease. Your one-stop-shop for secure, simplified and seamless digital asset trading.
The company uses three keys to protect the client’s digital currencies and store currencies on a multi-signature HD wallet.
How To Get Started On Bitex UAE
To get started on the platform, first of all, you need to create an account by filling the required details. It only takes 2 minutes. The next step is to verify your account:
Step 1: Submit an identity document like Emirates ID or Passport copy.
Step 2: Submit a residence proof such as Utility Bill or Bank statement with address matching your profile.
Once you upload these documents, our team will review your profile and approve it within 24-48 hours if everything looks right. If not, we will contact you via email to ask for additional documents.
A verified account will lift all deposit limits and you are free to deposit any amount you like.
In order to start buying, selling and trading on Bitex UAE, you need to make your first deposit. This can be either AED through Bank Transfer or Deposit of Cryptocurrency from a 3rd party wallet to the Bitex UAE wallet. Once the balance is updated, you can then start trading.
Conclusion: Bitex UAE is a great platform for buying and selling bitcoin on a digital wallet exchange backed by the highest security protocols. As it seems to be growing quite fast, if you are located in the United Arab Emirates region definitely have a look at Bitex UAE.
“Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.” — Leon Luow, Nobel Peace Prize nominee
Other Options For Buying Bitcoins In Dubai And The United Arab Emirates
LocalBitcoins, BitOasis, and Bitex UAE are not the only exchanges where you can buy bitcoins in Dubai and the rest of the UAE – they are just the most popular in the region. If you want to explore global options, you can also go on Paxful, Coinmama, and CEX.IO.
Purchasing bitcoin in Dubai becomes easier with the use of various exchanges, including those that we have covered. And as with any other investment, make sure you secure yours by keeping all your information within a cold storage wallet. If you want to invest in gold and other precious metals in addition to bitcoin, Regal Assets is an excellent broker.
Conclusion
Those located in the United Arab Emirates who are looking for a trusted bitcoin seller in the city of Dubai will want to do thorough research before making a transaction. Hopefully, this guide has offered a way for you to learn about your options and how you can invest in cryptocurrency while living in Dubai, UAE.
If you go with LocalBitcoins be cautious when dealing with new sellers and only go with reputable ones. If you decide to go with BitOasis, make sure that you verify your account and download the mobile app which doubles as a wallet. Bitex UAE is another high-quality exchange and mobile bitcoin wallet which is growing fast. Lastly, if you want to store a high-volume of cryptocurrency with maximum security, seriously consider investing with Regal Assets which is fully compliant with AML/KYC laws in Dubai.
يشبه التعليم فانوس يضيء طريقك في زقاق مظلم. – Sheikh Zayed bin Sultan Al Nahyan