A guide to buying Bitcoin and cryptocurrencies securely and quickly in the United Arab Emirates (UAE). Review and compare the best Bitcoin exchanges as a resident of the UAE to get started.
Buying Bitcoin in UAE is much easier than many think. It is as simple as picking an exchange, creating an account, depositing money and clicking "buy Bitcoin".
Review and compare the best cryptocurrency exchanges below to find the fastest and most secure way to make your first Bitcoin purchase in Australia. Buy Bitcoin Finder gives order placement preference to exchanges located in Australia, or exchanges that enable the smoothest verification for citizens of Australia.
Rain's platform is simple to use and enables its users to buy, sell and trade cryptocurrencies securely through the website or mobile application.
Binance is arguably the world’s largest Bitcoin and cryptocurrency exchange. They offer the best platform for crypto to crypto trades if you are looking to boost your Bitcoin holdings and stack some satoshi’s.
Buy Bitcoin Finder recommends Binance as the best place to trade Bitcoin against other cryptocurrencies for the lowest fees and the deepest liquidity. Binance also offer a Bitcoin Futures trading platform with up to 125x leverage.
They are a good local option for users looking to buy Bitcoin on a local exchange.
Coinmama allows users from any country around the world to buy Bitcoin, Ethereum and Chainlink using their exchange. They are one of the few exchanges that allow Credit Card and Debit Card purchased for Bitcoin and crypto using Visa and Mastercard.
If you are a customer in Europe, you can also buy Bitcoin with a SEPA transfer for a lower fee. Coinmama is an extremely private and secure option to invest in Bitcoin as they will send it to your personal Bitcoin wallet, as opposed to having the Bitcoin or cryptocurrency on a managed and less secure wallet on their platform.
Local Bitcoins is a decentralized exchange that acts as an escrow service to facilitate peer to peer buys and sells of Bitcoin by allowing users to list their own Bitcoin advertisements or trades.
Users can choose to meet and pay in person or online, making Local Bitcoins the most private way to buy Bitcoin. Local Bitcoins facilitates transactions in Australia, New Zealand, United Kingdom, United States, South Africa and virtually every other country around the world.
eToro is a world renown multi-asset brokerage company that allows users to invest in Bitcoin as well as buy and trade other cryptocurrencies, stocks, ETFs, currencies, indices and commodities.
eToro is a well respected business that is best in class in terms of security and regulation from a global standpoint. eToro is available in most countries around the world including Australia, Canada, United States, United Kingdom, New Zealand and more.
Read our eToro Fees review if you are interested in learning more about pricing.
Binance has created an industry leading Futures trading platform that allows users to trade Bitcoin, Ethereum, Chainlink and more against Tether (USDT) with up to 125x leverage. You can open a Binance Bitcoin Futures account anywhere around the world in minutes and gain access to deep liquidity, fast execution and an array of different features.
Click this link for an in depth Binance Futures Review.
Binance have the lowest fees for Bitcoin Futures trading and if you sign up through this link, you will get 10% taken off your trading fees.
As at the time of writing (August 2020) the United Arab Emirates (UAE) does not yet recognize Bitcoin as legal tender, however it is not banned in the UAE either. While financial authorities in the UAE have issued concerns against Bitcoin and cryptocurrencies in Dubai, buying and selling Bitcoin as well as other crypto is pretty easy.
If you are interested in buying Bitcoin in the UAE from a local exchange - BitOasis is one of the most prominent exchanges in the Middle East to buy, sell and trade Bitcoin as well as other cryptocurrencies.
If you want to buy Bitcoin in the UAE with a debit card or credit card, we recommend Coinmama as the easiest and best exchange to get this done.