The Cryptos News | Daily Bitcoin News
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading
The Cryptos News | Daily Bitcoin News
No Result
View All Result
Home Trading

Best Crypto Exchange UAE | Top 5 Exchanges

Best Crypto Exchange UAE | Top 5 Exchanges
Share on FacebookShare on Twitter


An Introduction to Crypto Exchanges in UAE

Since the recent boom of cryptocurrency exchanges in the Middle East and North Africa (MENA) region, much talk about the United Arab Emirates gradually becoming a hotspot for crypto assets. With the soaring popularity of cryptocurrencies in the region, there has never been a bigger need for local crypto exchanges. Luckily, many world’s largest cryptocurrency exchange companies have fulfilled this need by establishing numerous crypto exchanges in the UAE and MENA region.

When it comes to the best crypto exchange, UAE has many contenders fighting it for that elusive top spot. Below, we look at the best crypto exchanges in UAE as of 2022.

Best Cryptocurrency Exchanges in UAE 2022

Why Do We Need Crypto Exchanges?

Online cryptocurrency exchanges work similarly to brokers, enabling users to buy and sell cryptos like Bitcoin, Litecoin, Tether, and Ethereum, amongst many others. While there are many different types of crypto exchanges in the market, the best ones make it immensely easy for common individuals from all walks of life to buy crypto and sell other assets with low fees and the highest security standards.

Essentially, all online crypto exchanges allow users to buy and sell cryptocurrencies, thereby helping them trade one crypto for the other or buy cryptos using fiat currencies. However, since the market for cryptos is huge, different cryptocurrency exchanges compete with each other to offer customers the most value. For instance, some crypto exchanges offer zero-fee transactions, while others entice customers with innovative reward programs. Ultimately, the goal is simple for every crypto exchange in UAE, to get as many customers to use the exchange service as possible.

5 Best Crypto Exchanges in UAE

Big crypto exchanges worldwide are setting up offices in the UAE, and if reports are to be believed, the total crypto trading volumes have grown by over 500% in recent years.

With pro-crypto laws being laid down and licenses being passed regularly, the United Arab Emirates is on its way to becoming a global crypto hub. However, with so many best crypto trading platforms in Dubai, how do you decide upon the best one?

Below are the five top crypto exchanges in the UAE and MENA region.

BitOasis – Best Overall Cryptocurrency Trading Platform

Exciting Features of BitOasis

BitOasis Crypto Exchange

BitOasis is the first exchange in the list of best cryptocurrency exchanges in the United Arab Emirates and is considered the best overall crypto trading platform. Established in 2015, BitOasis has been a pioneer in the cryptocurrency space and is often recognized as the first cryptocurrency exchange in the MENA region. This crypto exchange has been helping countless satisfied users in trading their crypto assets with ease. The platform offers a highly competitive fee structure where advanced traders pay an average trading fee of about 0.5% against AED (United Arab Emirates Dirham). This world’s largest cryptocurrency exchange platform is especially a good bet for UAE residents as it allows users to buy Bitcoin using AED in huge trading volume.

BitOasis Pros and Cons

Pros Cons
Highly reputed and trusted as one of the first cryptocurrency exchanges in the MENA region. Fiat currency deposits and withdrawals are only allowed for a few nations in the MENA region.
Supports over 40 cryptocurrencies. No call or live chat support.
Accepts credit and debit card payments.
Very well-designed, intuitive cryptocurrency exchanges website.
Mobile wallet availability for iOS and Android users.

Supported Cryptocurrencies 

The exchange supports over 40 cryptocurrencies; some are Bitcoin (BTC), XRP (XRP), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Bitcoin Cash (BCH), EOS (EOS), Uniswap (UNI), USD Coin (USDC), Dogecoin (DOGE), Solana (SOL), Cardano (ADA), etc.

Supported Countries

The exchange is available in any country not facing any international sanctions by the UN, UAE, FATF, or OFAC, such as the residents of Cuba, North Korea, Syria, Iran, etc. The platform is available in UAE, Kuwait, Saudi Arabia, Bahrain, Qatar, Oman, Egypt, Lebanon, Morocco, Jordan, etc.

Sign Up Now

CoinMENA – Best Upcoming Crypto Exchange in the UAE

Exciting Features of CoinMENA

CoinMENA Crypto Exchange

CoinMENA is a relatively new entry into the crypto trading space in UAE. Headquartered in Bahrain and regulated by the Central Bank of Bahrain, CoinMENA offers one of the simplest, safest, and fastest methods to trade crypto assets. The cryptocurrency exchange features a highly competitive fee structure that offers volume-based trading fees. One of the best parts about CoinMENA is that it doesn’t charge any fee for bank and crypto deposits. CoinMENA charges a fixed fee of 3.5 % for card deposits, which is low compared to the industry average of more than 5%. Withdrawal fees can vary depending on the type of currencies being transacted.

CoinMENA Pros and Cons

Pros Cons
A solid crypto assets portfolio with support for all common cryptocurrencies. Doesn’t support many cryptocurrencies.
Zero-fee policy for bank and crypto deposits.
Sophisticated trading tools enable massive trading volumes.
Simple and efficient mobile app for iOS and Android.
Excellent and bilingual customer support.

Supported Cryptocurrencies 

The platform supports over 20 cryptocurrencies, they are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Uniswap (UNI), USD Coin (USDC), Tether (USDT), etc.

Supported Countries

Like BitOasis, the exchange is available in any country not facing any international sanctions by the UN, FATF, OFAC, or Kingdom of Bahrain, such as the residents of Cuba, North Korea, Syria, Iran, etc. The platform is available in Bahrain, UAE, Saudi Arabia, Kuwait, Oman, Qatar, etc.

Sign Up Now

Binance – Best for High Liquidity and Trading Volumes

Exciting Features of Binance

Binance Crypto Exchange

Binance is no stranger in the crypto trading space, being a massive cryptocurrency exchange that allows you to place trades in over 500 cryptocurrencies across 180 countries around the world. Binance review mentions, Binance is the world’s largest exchange in terms of registered users and trading volumes, and this renowned cryptocurrency exchange trades over USD 10 billion every day. In the UAE, it offers one of the lowest trading fees while offering top-notch security to its users. At Binance, spot trading fees start as low as 0.1%, and the crypto exchange does not charge any deposit fees, thus making it a very good option for cash-strapped individuals in the United Arab Emirates.

Binance Pros and Cons

Pros Cons
Supports over 500 tradeable cryptocurrencies. Limited bank transfers in a crypto exchange trading platform because of legal issues.
Does not charge any deposit fees whatsoever. Restrictions in trading volume are imposed by different countries.
Very low trading and withdrawal fees on bank transfers.
Huge selection of advanced trading tools.
Great customer support with a live chat option available.

Supported Cryptocurrencies

Binance supports over 500 cryptocurrencies, including old and new ones in the market. While it would be too cumbersome to mention all of the cryptos supported by Binance, some popular cryptos supported by the platform are Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), USD Coin (USDC), Dogecoin (DOGE), etc.

Supported Countries

Likewise, Binance is available in any country not facing any international sanctions by the UN, FATF, or OFAC. The platform is available in over 180 countries; some are UAE, Saudi Arabia, Qatar, Oman, Jordan, Lebanon, USA, France, Germany, Spain, etc.

Sign Up Now

Coinbase – Best Cryptocurrency Exchange for Beginners

Exciting Features of Coinbase

Coinbase Exchange

As per Coinbase review, it is one of the best crypto exchanges for novice investors in the UAE. However, it offers numerous advanced trading tools for experienced investors. It is available in more than 100 countries worldwide and supports over 100 cryptocurrencies.

Coinbase Pros and Cons

Pros Cons
Safe and secure cryptocurrency exchange of global renown. Fees can be slightly higher than competitors.
Supports over 100 cryptocurrencies.
Very impressive trading limits and liquidity options.
Easy and intuitive user interface perfect for beginners.
Mobile wallet availability for iOS and Android users.

Supported Cryptocurrencies

Coinbase currently supports over 100 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Tether (USDT), Bitcoin Cash (BCH), Litecoin (LTC), USD Coin (USDC), Dogecoin (DOGE), Solana (SOL), etc.

Supported Countries 

Coinbase is available in any country not facing any international sanctions by the UN, FATF, OFAC, EU, or HM Treasury’s Financial Sanctions, such as the residents of Cuba, North Korea, Syria, Iran, Sudan, etc. The platform is available in UAE, Bahrain, Kuwait, Jordan, Oman, Turkey, USA, UK, Spain, Germany, etc.

Sign Up Now

Kraken

Kraken Crypto Exchange

Exciting Features of Kraken Crypto Exchange UAE

Kraken is one of the best crypto exchange platforms that provide many features to users; according to Kraken review, starting from offering the best safety features to funding options, Kraken takes care of all the expectations and needs of the traders. The fee structure of the platform is also simple. The platform charges 0.9% fees on stablecoins and 1.5% on other cryptos or FX pairs. The payment card and digital wallet processing fee is fixed at 3.75% plus 0.25 USD/EUR. The fees for online banking or ACH are fixed at 0.5%. Moreover, the crypto exchange platform provides many funding options, staking opportunities, margin trading, indices, futures, OTC, Account Management, Cryptowatch, Liquidity, and 24/7 customer care services.

Kraken Pros and Cons: The best UAE Crypto Exchange

Pros Cons
Highly reputed and trusted as one of the first cryptocurrency exchanges in the MENA region. …



Read More:Best Crypto Exchange UAE | Top 5 Exchanges

Tags: cryptoExchangeExchangesTopUAE
Previous Post

Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be

Next Post

Cryptocurrency Crash Sees Panic Live Stream Sales From Chinese Miners!

Related Posts

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

by The Cryptos News
July 30, 2022
0

In a recent announcement dated 29 July, co-founders of CoinFLEX, Sudhu Arumugam and Mark Lamb, provided an important update....

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

by The Cryptos News
July 30, 2022
0

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the...

Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

by The Cryptos News
July 29, 2022
0

Comment on this storyCommentCryptocurrency traders have been put on notice that the US Securities and Exchange Commission considers a...

FTX wins full approval to operate crypto exchange in Dubai

FTX wins full approval to operate crypto exchange in Dubai

by The Cryptos News
July 29, 2022
0

Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to...

Next Post
Cryptocurrency Crash Sees Panic Live Stream Sales From Chinese Miners!

Cryptocurrency Crash Sees Panic Live Stream Sales From Chinese Miners!

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Trending News

Payperless Crypto Wallet announced working on NFT tokens support

Payperless Crypto Wallet announced working on NFT tokens support

June 25, 2022
June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

June’s Red-Hot Inflation Report Rattled Bitcoin and Ethereum Prices. What That Means for

July 14, 2022
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid

July 30, 2022
ADVERTISEMENT

Investment

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

Buying Bitcoin on the Dip? 3 Things the Smartest Investors Know About Crypto | The Motley

July 30, 2022
Study up and become a more informed crypto investor with this bundle

Study up and become a more informed crypto investor with this bundle

July 30, 2022
Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

Crypto Exchange KuCoin Launches NFT ETFs By Benzinga

July 30, 2022
Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

Is It Right Time To Invest In Crypto Market? Crypto Expert Shares Bullish Indicator

July 29, 2022
$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

$ETH-Based Investment Products Leading Bounce-Back in July, Says CryptoCompare Research

July 29, 2022

Prices

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump

July 30, 2022
Tron price prediction as Unifi Protocol TVL explodes

Tron price prediction as Unifi Protocol TVL explodes

July 30, 2022
Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

Bitcoin and Ethereum Prices Are As High As They’ve Been Since June Crypto Crash, But

July 30, 2022

Crypto Flipsider News – Crypto Market Rally; Nirvana (NIRV) Exploited; Vasil Delayed;

July 29, 2022

Trading

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

CoinFLEX: Amid liquidity crisis, the cryptocurrency exchange had this to say

July 30, 2022
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms –

July 30, 2022
Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

Analysis | Why the Crypto World Flinches When the SEC Calls Coins Securities

July 29, 2022
FTX wins full approval to operate crypto exchange in Dubai

FTX wins full approval to operate crypto exchange in Dubai

July 29, 2022
Crypto exchange Zipmex files for bankruptcy protection in Singapore

Crypto exchange Zipmex files for bankruptcy protection in Singapore

July 29, 2022
  • About Us
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA

© 2021 Thecryptosnews.com

No Result
View All Result
  • Home
  • News
  • Market Cap
  • Top Cryptos
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
    • Cardano (ADA)
    • Solana (SOL)
    • Tether (USDT)
    • XRP (XRP)
    • Polkadot (DOT)
    • Dogecoin (DOGE)
    • USD Coin (USDC)
  • Prices
  • Wallet
  • Crash
  • Investment
  • Exchange
  • Mining
  • Trading

© 2021 Thecryptosnews.com

wpDiscuz