Best Crypto Exchanges in UAE 2024

There is a massive surge in the number crypto exchanges in UAE (United Arab Emirates), with considerable discussions surrounding the emergence of cryptocurrency exchanges due to the rising attraction towards cryptocurrencies. Fortunately, thousands of leading global crypto exchange companies have noticed this rise in demand for cryptocurrency exchange in UAE and launched numerous crypto exchanges. This has made choosing the best crypto exchange in UAE quite challenging. To make things easier for traders, we have developed a comprehensive guide to explore the different platforms in Dubai and how one can choose the best platform based on their cryptocurrency trading needs.

Key Takeaways 

  • Regulatory Measures
  • Mobile Compatibility
  • Trading Fees and Costs
  • Customer Support
  • Reviews and Reputation

List of the Best Crypto Exchanges in UAE and Dubai 

In the United Arab Emirates and Dubai, the crypto market has gained tremendous momentum leading to the establishment of several cryptocurrency exchanges for traders to trade, buy, and sell digital assets. We have compiled a list of the best cryptocurrency exchanges in UAE and Dubai to help our readers make better decisions –

CoinMena 9.5/10
Very Good Reputation
Visit Website
BitOasis 9.4/10
Very Good Reputation
Visit Website
Binance 9.3/10
Very Good Reputation
Visit Website
eToro 9.2/10
Very Good Reputation
Visit Website
Coinbase 9.1/10
Very Good Reputation
Visit Website
Crypto.com 9.0/10
Very Good Reputation
Visit Website
HTX 8.9/10
Very Good Reputation
Visit Website
Kraken 8.7/10
Very Good Reputation
Visit Website
Gemini 8.6/10
Very Good Reputation
Visit Website
Coinmama 8.5/10
Very Good Reputation
Visit Website
Bybit 8.4/10
Very Good Reputation
Visit Website
Bitstamp 8.3/10
Very Good Reputation
Visit Website
OKX 8.2/10
Very Good Reputation
Visit Website
CEX.IO 8.1/10
Very Good Reputation
Visit Website

Advertisement

Top 15 Cryptocurrency Exchanges in UAE

1. MEXC

MEXC is an ideal crypto exchange for traders looking for a variety of financial services be it copy trading, P2P trading, or futures trading. Traders interested in diversified portfolios can look at the earning and staking services on MEXC and earn up to 50% APR on certain tokens. Additionally, the demo trading feature is suitable for beginners while the Launchpad helps new projects gain funding and recognition.

MEXC Crypto Exchange
Source: www.mexc.com

Why We Chose It 

We chose MEXC exchange for its innovative way of allowing traders to earn passive income through crypto staking. All traders need to do is hold onto certain digital assets to earn return on investment through a proof-of-stake mechanism that validates transactions on blockchain and provides rewards in the form of interest.

Key Features 

  • Offers an MEXC launchpad where new cryptocurrencies are launched to buy them or earn more tokens
  • Offers API trading to help users automate their trading strategies
  • Features advanced indicators and charting for traders to use in analyzing market trends
  • Offers OTC or over-the-counter trading services to trade cryptocurrencies with high liquidity and low slippage

Pros-Cons

Pros Cons
Offers high liquidity for futures Too many countries restrictions
Supports more than 1500+ coins and 2100+ trading pairs Withdrawals cannot be made in Fiat currencies
Highly secure crypto exchange using a high-tech control system and an anti-DDOS system
Competitive fee structure with charges 0% and 0.1% for maker and taker orders

Sign Up Now

2. CoinMENA

The Bahrain-based CoinMENA is licensed and authorized under the Central Bank of Bahrain (CBB), a legal crypto asset service provider. It is considered the top crypto exchange in UAE for traders seeking comprehensive cryptocurrency services and easy access to global financial markets. The platform suits beginners and seasoned traders across the MENA region. CoinMENA offers diverse digital assets, serving over 900,000 registered users across seven countries. It empowers traders to send, receive, buy, sell, and securely store their digital assets and make secure and convenient deposits and withdrawals in local fiat currencies. CoinMENA prioritizes trustworthiness, security, and simplicity and aims to establish itself as the leading digital asset trading platform for traders in the UAE.  Check out our in-depth CoinMENA review, covering its platform features, trading fees, security measures, and more.

CoinMENA
Source: www.coinmena.com

Why We Chose It?

  • The best crypto exchange in UAE with a competitive fee structure, ensuring cost-effectiveness and charging trading fees based on the trade volume.
  • Links multiple bank accounts with numerous currencies to the CoinMENA account
  • Supports spot and limit orders and executes trades automatically when the market value matches the set price.

Key Features

  • Fast deposits and withdrawals via credit card payments and bank transfers.
  • 24×7 customer support is available by bilingual, experienced, and knowledgeable support agents.
  • Provides OTC (over-the-counter) trading for sizeable transfers
  • Other benefits include reduced trading fees, preferential pricing, a dedicated account manager, etc.
  • One of the fastest registration or account opening processes, taking only about 3-4 minutes to complete without any complicated verification processes
Pros Cons
Supports more than 52 digital assets, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin Higher fees than the industry average
Offers competitive trading fees that may vary depending on trade volumes
Regulated and trusted multi-asset trading platform that is both Sharia-compliant and officially regulated
A dedicated referral program enabling traders to earn exciting bonuses
OTC trading offers a more private and personalized trading service for traders willing to deposit and withdraw large orders

Sign Up Now

3. BitOasis

BitOasis is popularly known as one of the best cryptocurrency exchanges in UAE, a pioneer of the crypto ecosystem, and the go-to destination for first-time crypto purchases and professional traders. Launched in 2015, BitOasis has been operating as the most secure and largest exchange in the MENA region, offering more than 60 virtual assets to trade, buy, and sell using local fiat currencies. The platform provides traders with a competitive trading fee structure that includes average fees of around 0.5% for advanced traders. Overall, BitOasis aims to bring a more regulated and secure infrastructure to the world of crypto trading for retail and institutional investors in this region. This BitOasis review will give you an in-depth look at popular investment and trading platforms.

BitOasis
Source: bitoasis.net

Why We Chose It?

  • Gives access to easy-to-use trading and investment tools such as BitOasis Lite and BitOasis Pro
  • Supports more than 60 cryptocurrencies for trading with 0% fees and sophisticated order types and trading charts
  • A rewarding Referral Program through which users can earn AED 200 by referring the platform to others.

Key Features

  • An exclusive VIP program designed to boost revenue for high-volume traders with an exclusive fee structure, unique support, a dedicated account manager, and many other rewards and perks.
  • Offers the most competitive fees for traders in the MENA region whether they wish to swap, buy, or sell cryptocurrencies or simply deposit and withdraw their local fiat currencies
  • OTC trading services are available at competitive prices in both USD and AED, allowing traders to execute large orders with a minimum amount of $100,000.
  • Offers advanced features such as indicators and real-time price charts for seamless order execution with highly liquid order books.
  • Recently launched APIs allow traders to place their trades, manage their accounts, and access real-time market information automatically
Pros Cons
No fees on deposits and limits on withdrawals Deposits and withdrawals in fiat currencies are permitted in only eight countries
Too many country restrictions, serving only traders from the Middle East High withdrawal fees
Provides a diverse range of trading products, including Invite & Earn, APIs, OTC Trading, Lite, and Pro
An extensive range of cryptocurrencies, including Bitcoin, Bitcoin Cash, and Ethereum
Accepts a wide range of payment methods, including bank transfers and debit and credit card payments

Sign Up Now

4. Binance

Binance is the best crypto trading platform in UAE that offers a diverse range of cryptocurrencies available at the lowest commissions and fees for trading, buying, and selling. Over 150 cryptocurrencies are available for trading on the new mobile app introduced by Binance 2.0. The exchange is suitable for beginners and institutional traders, giving them access to advanced safety measures that protect Fiat and crypto assets. Binance has recently introduced an OTC trading platform where users can avoid the risk of slippage while making large trades. The overall trading experience on the Binance crypto exchange is interactive, with technical market indicators, graphs, and charts that help traders analyze market trends in real time. To learn more about Binance’s features and functions, check out our Binance review.

Binance Dubai, UAE
Source: www.binance.com

Why We Chose It? 

  • Several trading options are available, including margin trading, spot trading, and peer-to-peer trading.
  • Accepts many order types such as trailing stop orders, stop-limit orders, market orders, limit orders, one-cancels-the-order orders, post-only orders, and trailing stop orders.
  • Easy-to-navigate user interface suitable for novice and more advanced traders.

Key Features 

  • Charges low fees to allow traders to keep more of their profits
  • Supports more than 150 cryptocurrencies for trading and investment
  • Charts are powered by TradingView, giving access to a wide variety of drawing tools and indicators to support technical analysis
  • Traders can earn rewards by staking or depositing cryptocurrencies and avail of instant loans.
  • Trade on the go with the Binance mobile app available on the App Store, Android APK, and Google Play Store
Pros Cons
Offers a broad range of trading accounts, including Classic and Advanced, suitable for beginners and advanced traders Does not offer a demo account
24×7 customer support available via live chat with helpful and efficient support agents Advanced platforms can be complicated for novice traders
User-friendly trading platforms with plenty of tutorials, helping traders with technical assistance
Robust security measures to protect client information and funds
Staking rewards are available for traders to earn through crypto staking

Sign Up Now

5. eToro

eToro is the best trading platform UAE that empowers traders to grow their wealth and knowledge and join the global financial community. Established in 2007, eToro also has made its presence in the global crypto exchange market, regulated and authorized by the Financial Conduct Authority in multiple jurisdictions. It offers more than 5000 instruments to trade in along with advanced trading tools to help 30 million registered users diversify their portfolio across 20 global stock exchanges and more than 70 cryptocurrencies. It also allows beginners to practice their financial skills by offering a demo account with $100,000 virtual money. Overall, the eToro crypto exchange is simple and intuitive to use, allowing traders to follow every instrument in real-time with advanced analysis tools and risk management tools like take-profit and stop-loss orders to make safe, well-informed trades on the platform. This eToro review will give you an in-depth look at popular investment and trading platforms.

eToro
Source: www.etoro.com

Why We Chose It?

  • A multi-asset platform that supports cryptocurrencies, stocks, commodities and forex, ETFs,  indices, and more.
  • A time-tested, well-established crypto exchange with FCA regulation, operating since 2007.
  • Provides investment insurance of up to €1 million to eligible traders
  • Supports social trading on the platform with a community of more than 30 million users
  • Protects both personal information and funds by maintaining segregated bank accounts and employing the highest standards of cyber security measures
  • A free demo account with $100,000 virtual funds is available to practice and build a virtual portfolio and hone trading skills.

Key Features 

  • A modern electronic calendar that offers regular market analysis, important information, and other overviews for trading purposes.
  • Zero commissions are charged on ETFs and stock trades, while a 1% fee is charged on both the entry and exit of crypto trades.
  • Easy to use and navigate the mobile app with different charting views
  • Simple and clean watchlist and social streaming features
  • Smart Portfolio and CopyTraders give exposure to new cryptocurrency traders without them monitoring their positions
  • Advanced charting tools with several drawing tools, chart types, and studies
  • Beginner-friendly educational tools and materials, including eToro Academy, news and analysis, Digest & Invest, account security, and many more.
Pros Cons
Provides indemnity insurance of up to €1 million for every client Trading Central tools and research are available for certain eToro Club members
VIP-style advantages and benefits eToro Club members and regular investors with high-tier status Below-par customer service
Comprehensive educational and research materials Too many country restrictions
Easy transfer of crypto holdings from one platform to another
Provides an engaging community experience for beginners to learn trading

Sign Up Now

6. Coinbase

Coinbase offers an incredibly beginner-friendly trading and UI experience, making it the best crypto exchange in Dubai, UAE. The platform offers over 10,000 cryptocurrencies to buy, sell, and trade in the global financial markets. It features advanced investment and trading tools, including a live order book, limit orders, and charting tools. Coinbase is available in over 100 countries, making it the largest public cryptocurrency exchange with financial transparency, top-notch risk management, and security measures designed to effectively protect digital assets. Read our Coinbase review thoroughly to know more about the platform’s fees, security features, and more.

Coinbase
Source: www.coinbase.com

Why We Chose It? 

  • Coinbase supports over 35 products for businesses, developers, and individuals, giving them access to Coinbase exchange, Advanced Trade, and Coinbase Wallet.
  • The interactive crypto exchange features an easy account registration process and secure and convenient deposit and withdrawal methods.
  • It supports over 10,000 cryptocurrencies available for buying and selling, including Bitcoin, Ethereum, and Dogecoin.

Key Features 

  • Provides traders with an in-exchange marketplace where traders can trade, create, and simply collect virtual collectibles
  • Earn annual interest on eligible cryptocurrencies by engaging with educational content in the Learn section
  • Competitive spreads and transaction fees with a 0.4% maker fee and a 0.6% taker fee
  • Offers crypto staking with attractive APYs at the lowest fees in the industry
  • Supports multiple trading platforms and advanced charting functions
Pros Cons
Traders can set up daily/weekly/monthly recurring purchases for cryptocurrencies High transaction fees, especially for beginners
Compatible with a diverse range of devices, including smartphones, tablets, Android and iOS operating systems Too many country restrictions
Convenient mobile trading through the interactive Binance app 2.0 Does not give users control over their wallet keys
Accepts major fiat currencies and cryptocurrencies
Offers high liquidity and passive earning opportunities
Easy-to-use mobile app and web-based platform

Sign Up Now

7. Crypto.com

Crypto.com is the best crypto exchange in UAE, and it gives access to 250 cryptocurrencies to trade with 20+ fiat currencies. It is a leader in security certifications and regulatory compliance, ensuring a legitimate trading experience on the platform for more than 80 million users worldwide. Crypto.com features a dedicated mobile app to allow traders to place their trades in real-time on the go without missing out on market opportunities. The platform also offers a crypto Visa metal card that gives up to 5% cashback on all spending without any annual fees charged. To know more about the platform, check out our Crypto.Com review.

Crypto.com
Source : crypto.com

Why We Chose It?

  • Support over 250 cryptocurrencies with advanced order types, futures trading, and spot trading
  • 1Provides competitive fees of up to 0.75% trading fees with numerous discounts available
  • Supports crypto trading, swapping, and staking along with a proprietary credit card and wallet to trade, buy, and sell NFTs and cryptocurrencies

Key Features

  • Employs top-notch security measures, including two-factor authentication and SSL encryption protocols
  • Allows trading on both desktop and mobile apps with perfectly optimized features and functions
  • Provides deep order book liquidity for every market condition
  • Enriching educational tools for beginners, including a glossary, market updates, and other educational resources to build crypto knowledge
  • Crypto DeFi Wallet with advanced features like DeFi Earn and DeFi Swap to earn stable returns
Pros Cons
An extensive list of cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin Below-par customer support
High levels of security to protect client information and funds Trading fee discounts can be complicated to navigate and understand
Crypto.com Earn gives a platform to earn crypto interest
The recurring buy feature automatically allows traders to grow their portfolios with frequent trades

Sign Up Now

8. HTX

HTX is considered as one of the best dubai crypto exchange, allowing traders to trade over 700 cryptocurrencies and earn up to 241 USDT from the platform. More than 45 million registered users enjoy a wide range of trading tools, including spot, futures, and Earn with industry-leading APYs. HTX features diversified asset services with unlimited possibilities, such as a Community to uncover wealth opportunities, Prime membership to enjoy competitive perks and benefits, and a Rewards hub to earn crypto rewards.

In our HTX review, you can read more about the crypto trading platform and why we think it is a popular crypto exchange UAE.

HTX
Source: www.htx.com

Why We Chose It?

  • Supports trading across various financial markets with spot trading, futures trading, and margin trading
  • Crypto trading bots help traders capture the best market opportunities in the 24×7 crypto market
  • Multiple ways of earning returns, including staking, dual investment, Ethereum, 2.0, liquid staking, and on-chain staking

Key Features

  • Easy to use and navigate with all the functions organized structurally
  • Supports different order types, including limit order, market order, and stop limit order
  • The Flash Trade feature allows users to try trading volumes in real time, especially during times of high market volatility
  • Provides numerous core services, including trading pairs, derivatives, margin trading, Smart Chain analysis, and HTX APIs
  • A quick registration process for traders around the world to create a trading account within a few minutes.
Pros Cons
Impressive beginner-friendly user interface with neat layouts and organized structure A lengthy verification process, mandatory to make withdrawals
Uses high standards of cyber security measures to protect client information and funds Does not accept Fiat payments
Responsive and efficient customer support team available 24×7
A low minimum deposit requirement of $50
A wide range of advanced trading features available at lower trading costs

Sign Up Now

9. Kraken

Kraken is highly preferred as the most efficient, feature-rich crypto exchange in UAE, offering a more fair and transparent financial system that can be used with a minimum deposit of only $10. Kraken has around 10 million registered users across 190 countries or more who have created a free Kraken account and bought and sold over 200 cryptocurrencies to build their crypto portfolio. This simplicity of the Kraken crypto exchange makes it easier to trade crypto, using the dedicated Kraken mobile app that can be used to trade on the go from any part of the world. Traders can also stake their crypto assets on Kraken and get a chance to earn up to 10%+ APY in rewards every year and grow their bankroll further. Our Kraken review has explored the multitude of benefits of joining the Kraken platform to help readers make informed decisions while choosing the best crypto exchange platforms in UAE.

Kraken
Source: www.kraken.com

Why We Chose It? 

  • Offers advanced trading features, including margin and spot trading for advanced traders
  • Maximum leverage of 5x allows traders to quickly and easily go long or short on cryptocurrencies
  • Employs top-notch security measures such as SSL encryption protocol, two-factor authentication, zero settlement risk, and customizable granular API keys to protect clients from attacks

Key Features 

  • Deep liquidity driven by higher trading volume, low transaction costs, more active traders, and funding options
  • 24×7 customer service is available via live chat with dedicated specialists, providing quick and reliable assistance
  • Flexible payment options, accepting both fiat currencies and cryptocurrencies to fund trading accounts
  • Proof of Reserves allows traders to verify whether Kraken is meeting the strict standards for security and transparency
  • Kraken Pro is ideal for advanced traders, allowing easy management of trade positions on the intuitive platform
Pros Cons
Tight spreads and deep liquidity suitable for experienced traders Limited banking options available
Offers a plethora of advanced features like futures trading, OTC trading, crypto staking, and margin trading Accepts only a few local fiat currencies
Charges low trading costs and transaction fees, suitable for beginners Does not offer any personal wallet services
Builds trust and confidence among traders with the highest levels of security
Earn rewards of up to 10% + APR

Sign Up Now

10. Gemini

Gemini is one of the best crypto exchanges in UAE, regulated and licensed in multiple jurisdictions, making it one of the most secure crypto exchanges to trade in. It offers an exchange platform for buying and selling 80+ cryptocurrencies and helps build a diversified portfolio to balance risks evenly. Traders can also participate in crypto staking to earn rewards on crypto that can go as high as 3.27% APR. Gemini offers an Active Trader platform designed for all types of traders, featuring high speed and stability and supporting more than 300 currency pairs across cryptocurrencies and four global currencies.

Before choosing a reliable crypto exchange in UAE, check out our Gemini review to learn more about the platform.

Gemini
Source: www.gemini.com

Why We Chose It? 

  • Trade order processes are simple, and user experiences are intuitive using Gemini’s trading pair selectors and deep order book visibility
  • Provides exposure to crypto with perpetual contracts and maximum leverage of 100x
  • Leaderboard competitions to compete for the top spot and attractive cash prizes
  • USD-powered stablecoin, Gemini Dollar, can be employed to interact with the Gemini ecosystem.

Key Features

  • Enriching educational resources within the Gemini Trust Centre, Cryptopedia, newsroom, and more.
  • A dedicated Gemini mobile app offers greater accessibility, allowing traders to trade on the go with perfectly optimized features and functions
  • Exceptional security measures and regulatory compliant make Gemini safe for all traders
  • Diverse range of deposit and withdrawal methods are available, providing convenience and flexibility for crypto transactions
  • Earn interests of up to 7.4% APY by lending crypto assets
Pros Cons
Accepts a wide range of cryptocurrencies and fiat currencies Experiences occasional outages
No annual fees for payments made on Gemini’s Credit Card Cumbersome registration process with too much information required
Cryptocurrency hot wallet features high-security storage
Intuitive and user-friendly interface for both beginners and experienced traders traders
Fully compliant and registered under the New York City Department and Financial Services

Sign Up Now

11. Coinmama

With 10 years of trust, experience, and expertise, Coinmama’s financial services are making a global impact, especially in the UAE. Coinmama is a UAE crypto exchange that allows the buying, selling, and swapping of 500+ crypto assets in over 190 countries, giving traders easy and instant access to their diversified crypto portfolio. At the time of writing this Coinmama review, there are about 3.5 million happy customers or more who are trading and investing in cryptocurrencies and earning a maximum of 16% APR through crypto staking.

Coinmama
Source: www.coinmama.com

Why We Chose It?

  • Users’ cryptocurrencies and funds are kept in segregated bank accounts, not held by Coinmama directly, ensuring the utmost protection of client assets from theft.
  • A beginner-friendly and intuitive trading platform for both beginners and experienced traders.
  • Offers a diverse range of cryptocurrencies, including major, minors, and other altcoins in the market

Key Features

  • Supports buying and selling of cryptocurrencies with several fiat currency options to allow easy entry of beginners into the cryptocurrency world
  • Does not charge any additional fees for withdrawals made in cryptocurrency
  • Delivers tokens immediately after the purchases are finalized
  • Features a Loyalty money-saving program that rewards loyal users by lowering their transaction fees to 25%
  • Offers crypto calculators to give real rates in real time.
Pros Cons
A diverse variety of banking options Lacks a dedicated mobile app and crypto wallet
Does not charge fees for deposits and withdrawals made in crypto Does not allow crypto-to-crypto transfers
Quick and easy verification process Higher transaction fees than other providers
High spending limits of up to $30,000 Lacks important advanced tools for crypto trading
Available in more than 190 countries

Sign Up Now

12. Bybit

Advertisement

Bybit is highly recommended by crypto experts as the best cryptocurrency exchange in UAE, and it serves more than 20 million users worldwide across 160 countries or more. Bybit unleashes the new world of crypto and Web3 trading for the next generation with advanced support, opportunities, and tools. The platform is regulated in multiple jurisdictions, including the Virtual Assets Regulatory Authority in Dubai, the Cyprus Securities and Exchange Commission, and the Astana Financial Services Authority in Kazakhstan. Buying crypto on the Bybit platform can be done across 100+ cryptocurrencies and 65+ fiat currencies, readily available at zero fees and competitive rates. Tune into our Bybit review to learn about the pros and cons of buying and selling crypto on the UAE crypto platform.

BYBiT
Source: www.bybit.com

Why We Chose It?

  • Focuses on perpetual contracts, allowing traders to hold their positions indefinitely without any expiry dates
  • A suitable trading platform for long-term trading strategies
  • Offers leverage trading that allows traders to amplify their profits by borrowing money to increase trade position sizes

Key Features

  • 24×7 monitoring system, including 2-factor authentication to detect suspicious activities and avoid potential attacks
  • Easy-to-navigate and beginner-friendly interface suitable for both beginners and experienced traders
  • Offers a wide range of advanced trading tools, including technical analysis charting tools, and indicators to help traders make informed decisions
  • High trade volumes to ensure enough liquidity for traders to enter or exit positions
  • Competitive fees in the industry, help traders minimize the trading costs.
Pros Cons
No KYC verification is required for new traders Lack of regulatory measures
Easy to create an account and start crypto trading Too many country restrictions
Supports multiple types of orders with high-leverage trading and attractive fees
Derivative contracts are settled in USDT and other tokens
High lucrative bonuses for regular and frequent traders

Sign Up Now

13. CEX.IO

Established in 2013, CEX.IO has attracted more than 5 million registered users and has served in more than 30 US states with strong licenses and registrations worldwide. CEX.IO is one of the most popular crypto exchanges in UAE, offering a one-in-all cryptocurrency platform for trading, holding, earning, buying, and selling cryptocurrencies. By holding their digital assets, traders can get up to 15% in annual crypto rewards. Additionally, traders can earn up to 7.12% APR through crypto staking. Spot trading is also featured with deep liquidity, pro-level trading, and advanced auto types.

Our CEX.IO review dives into the platform’s features, pros, and cons to help readers make informed decisions.

CEX.IO
Source: cex.io

Why We Chose It?

  • Regulated and licensed in multiple jurisdictions, offering traders peace of mind on the compliant platform.
  • Supports more than 200 cryptocurrencies and offers an opportunity to learn more through staking
  • Provides users with crypto-collateralized loans, allowing them to retain funds in crypto

Key Features

  • Accepts a wide variety of payment methods for easy deposits and withdrawals, including credit card payments and bank transfers
  • Deploys top-notch security features to protect client information and funds with two-factor authentication, encryption protocols, and SSL certificates
  • A dedicated cold wallet that protects off-exchange cryptocurrency funds
  • All-in-one mobile app refines trading with on-the-go access, speed, and agility.
  • Intuitive multi-asset support with Instant Buy and Deposit option
Pros Cons
Supports a wide range of payment methods, including bank transfers and credit card payments Does not provide any brokerage services
Transfer client funds to different marketplaces from CEX.IO Offers relatively lower liquidity than other global exchanges
Regulated and licensed in multiple jurisdictions Strict deposit limits for Basic account holders
Provides crypto-collateralized loans
Offers an opportunity to earn and hold cryptocurrencie

Sign Up Now

14. Bitstamp

Bitstamp is one of the most trusted crypto exchanges in UAE that allows smooth buying and selling of cryptocurrencies with the most intuitive interface, instant deposit methods, easy withdrawals, and institutional-grade safety features. Bitstamp has over 23,000 retail investors who can buy and sell crypto tokens with the support of advanced trading tools and a range of powerful APIs. Bitstamp provides premium access to cryptocurrency trading for retail investors and institutions through reliable order execution, constant uptime, and high liquidity. Bitstamp’s global presence with proper regulation and 50 licenses to allow crypto trading makes it unique. Check out our in-depth Bitstamp review, covering its platform features, fees, security measures, and more.

Bitstamp
Source: www.bitstamp.net

Why We Chose It?

  • Ideal for beginners who are stepping into the world of crypto
  • Competitive fees start at 0.3% and subsequently go down with high volumes of trades
  • Advanced trading platform with TradeView, featuring advanced charting tools, and solid crypto selection, supporting more than 60 cryptocurrencies

Key Features

  • A long track record with strong security measures to protect client funds
  • Execute stop orders, market orders, limit orders, and instant orders with clear charts and buy and sell orders
  • One of the oldest crypto exchanges, offering a beginner-friendly platform with clear layouts and easy navigation.
  • Excellent customer support is available via multiple channels, including live chat, phone support, email support, and FAQs
  • Easy deposits and withdrawals, supporting both cryptocurrencies and fiat currencies
  • Compliant with the Financial Crimes Enforcement Network (FinCEN) that regulates the platform’s trading activities
Pros Cons
Competitive deposits, withdrawals, and trading fees Slow and lengthy verification process
Easy-to-use, beginner-friendly interface with highly-rated web-based and mobile app Does not offer live customer support
A solid crypto selection supporting more than 60 cryptocurrencies
Offers a platform to earn crypto rewards through staking
Provides a diverse range of charting tools and advanced trading features

Sign Up Now

15. OKX

OKX (previously known as OKEX) is the best crypto exchange in UAE that offers a diverse range of financial services within the crypto and Web3 ecosystems. Its user-friendly interface caters to a wide variety of traders worldwide, giving them a solid selection of trading pairs and order types. Both beginners and seasoned investors can participate in OKX and employ different services such as margin trading, perpetual futures trading, lending and mining, DeFi services, options trading, and many more. With support for over 40 decentralized networks, OKX allows users to manage their crypto portfolios effectively through the intuitive dashboard. We have discussed more about the platform’s pros and cons features, account registration process, fees, and payment methods in our OKX review.

OKX
Source: www.okx.com

Why We Chose It?

  • OKX allows NFT tracking and creation across 11 different networks, providing users with a cost-effective NFT aggregator platform
  • Accepts secure and convenient payment methods, including Apple Pay, Visa, and MasterCard
  • Serves more than 1 million users across 100 countries or more
  • OKX features the lowest transaction fees, powerful APIs, and the fastest transaction for advanced traders

Key Features

  • A dedicated mobile app that allows trading with as little as $5 in cryptocurrencies
  • An innovative crypto exchange with cutting-edge crypto earning and trading services
  • DeFi portfolio management with a Web3-powered wallet, connected to organize all decentralized assets from a single place
  • Crypto trading bots with intelligent pre-built trading features to help traders earn through automated trades
  • TradingView platform developed for all types of trading, supporting more than 300 crypto assets and 490+ markets
  • Most reliable and powerful technical analysis tools with drag-and-drop bracket orders and exceptional charting tools designed for top investors and traders
Pros Cons
Demo account for beginners to familiarize themselves with the platform’s features and functions Too many country restrictions
Easy interface on web-based and mobile platforms Limitation on withdrawals
Offers a wide variety of pro trading features, including futures, derivatives, and spot market trading
Accepts a wide range of payment methods, including bank transfers and credit card payments
Zero deposit fees and low trading costs

Sign Up Now

Comparing The Best Crypto Exchanges in UAE

Crypto Exchanges Available Coins Fees Minimum Investment
Mexc Crypto Exchange 2600+ 0% & 0.02% 0
Bitcoin, Ethereum, Tether USD, USD Coin, Ripple, Cardano, Dogecoin, Polygon, Solana, Polkadot, Litecoin, Avalanche, and 40 more 0% Trading Fee $10
Over 60 cryptocurrencies, including Bitcoin, Ethereum, DAI, Ripple, Cardano, Polygon, Tether Gold, Uniswap, Litecoin, Chainlink, Decentraland, and Curve 0% For Wire Transfer AED 100
Over 150 cryptocurrencies, including Dogecoin, Cardano, Solana, Bitcoin, Ethereum, Binance Coin, and Ethereum Classic Maker Fee: 0.1%
Taker Fee: 0.2%
$5
Over 21 supported cryptocurrencies, including Bitcoin, Stellar Lumens, Ethereum Classic, Shiba Inu, Polygon, and Bitcoin Cash 1% for buying or selling crypto $50
Over 260 digital assets are supported, including Ethereum, Polygon Bitcoin, Dogecoin, Stellar Lumen, Litecoin, Ripple, and Solana 0.05% and 0.60% $50
250 cryptocurrencies supported, including Ethereum, Bitcoin, Polkadot, Polygon, Dogecoin, Cosmos, and Near Protocol Maker fees: 0.0% to 0.75%
Taker fees: 0.05% to 0.075%
$5
HTX 700+ crypto including Bitcoin, Ethereum, HTX, Tether USD, Ripple, Chainlink, and USD Coin. Maker and Taker fee of 0.2% 100 USDT
200+ cryptocurrencies supported, including Tron, Tether, Polkadot, Monero, Alogrand, Avalanche, Basic Attention Token, Bitcoin, and Ethereum Maker fee:  0.25%

Taker Fee:  0.40%

$4
Over 80 cryptocurrencies supported in Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, and more Maker Fee: 0.20%
Taker Fee: 0.40%
$0
Over 100 cryptocurrencies are supported, including Bitcoin, Ethereum, Dogecoin, Ripple, Uniswap, and Litecoin Maker Fee: 0.99%
Taker Fee: 3.99%
$5
Over 100 crypto tokens are listed, including Bitcoin, Ethereum, Chainlink, Polkadot, and Tether Maker Fee: 0.1500%
Taker Fee: 0.2000%
(Non- VIP)
50 USDT
Over 200 cryptocurrencies, including Bitcoin, Ethereum, Dash, and Cardano Maker Fee: 0.15%

Taker Fee: 0.25%

$20
Algorand, Avalanche, Bitcoin, Bitcoin Cash, Cardano, Litecoin, and Dogecoin, to name a few Maker Fee: 0.30%
Taker Fee: 0.40%(30 days USD volume)
$25
Popular cryptocurrencies like Bitcoin, Ethereum, Slam, USDT, Binance Smart Chain, Fantom, Litecoin, Monero, and more Maker Fee: 0.080%
Taker Fee: 0.100%
$5

Disclaimer: The fee structure may vary based on trading volume. Rates are subject to change and can fluctuate according to the market conditions.

Cryptocurrency Law and Regulations in Dubai, UAE

To provide crypto exchange and other financial facilities to traders, crypto exchanges in UAE, need to be regulated and licensed, submit certified copies of the founders’ documents, maintain a minimum capital, develop a comprehensive business plan, and adhere to strong KYC (Know-Your-Customer) and AML (Anti-Money Laundering). Under the Financial Crimes Enforcement Network, crypto traders are subject to laws governing their activities. Since the UAE is working towards crypto-friendly policies, many new, well-established firms have moved their headquarters to the UAE, leading to the growth of crypto exchanges in the country. UAE aligns its regulatory framework with global financial standards to prevent the misuse of crypto exchanges for illicit purposes, thereby promoting trust and confidence among its citizens.

Our Methodology

We have evaluated the best crypto exchanges in the UAE based on our collected data and observations. Our dedicated team of experts conducted extensive research on the platform’s features, functionality, exchange products, supported cryptocurrencies, and other services and evaluated them based on different data-driven factors.

  • Exchange Features – We have evaluated in-depth research of each exchange’s basic and advanced features to determine if the crypto exchange suits beginners and experienced traders.
  • Pricing – We have also considered the trading fees and other costs, including account opening charges and payment fees, to help our readers choose cost-effective crypto exchanges in the UAE.
  • Unique Exchange Features – Some essential categories that we have factored into while reviewing the above crypto exchanges include the provision of educational resources, mobile accessibility and compatibility, customer support, and ease of making deposits and withdrawals.
  • Security Measures and Licensing – Our team has explored the security measures, licensing, and regulatory aspects of the top crypto exchanges in UAE to ensure secure and legal crypto exchange activities within Dubai, UAE.

Learn more about our approach to reviewing Crypto Exchange platforms. Explore our methodology!

Step-by-Step Guide to Trading Cryptocurrency in the UAE

Open an account: Traders need to visit the platform’s official website, like Coinbase, and click on the “Register” button that you can find in the top right corner of the website. Once they click the register button, they will be redirected to the registration page. They must enter all the required details like name, address, and other necessary information. After filling in all the necessary criteria, they can also open a demo account.

Verify ID: Once you have filled in all the required information, you will receive an email you used to register on the portal asking you to confirm your email. You can click the verify ID link to ensure that you use the email account. Once done, your trading account will be verified and activated.

Deposit Funds: After verifying the account, you can access the payment page to make deposits. You must enter your financial information to add funds to the account. Ensure that you check if the platform charges any deposit fees you need to pay. For example, some platforms charge a 0.5% deposit fee you must pay while making deposits. After choosing the payment method, you can proceed to add funds through a Uquid debit card or credit card, bank transfer, or any other deposit method.

Find a Crypto Market: After adding funds to the account, you can visit the platform’s dashboard-like Coinbase, to find your suitable crypto market. Make sure that you understand the market’s volatility before trading. Check all the crypto details and research all the risks involved to mitigate them.

How to Choose the Best Cryptocurrency Exchange in UAE?

You can select the best cryptocurrency exchange platform in UAE by understanding specific criteria and following efficient checking. When choosing a platform, reviewing the fee structure, deposit and withdrawal charges, bonus, security, advanced trading features, and user experience is important. Moreover, you need to review whether the exchange website adheres to the rules and regulations that the government imposes. You can choose the best platform that accepts trading activities by considering these factors and verifying their authenticity.

Does the Cryptocurrency Exchange Support Dirhams?

Many cryptocurrency exchange websites in the UAE accept Dirhams as fiat currency. You can add dirhams to your cash app or account using the best third-party wallet’s debit card or credit card service. Check the minimum deposit and specific fees charged by the platform to add Dirhams to your account. Ensure you go through the terms and conditions page to find the digital currencies the cryptocurrency exchange websites support to trade in the same currency.

Fee Structure of Cryptocurrency Exchanges in UAE

Trading cryptocurrency can be expensive as different cryptocurrency exchanges have different fee structures. Many casinos like Binance and Coinbase charge low fees and have a good fee structure that benefits traders and companies. Make sure that you understand the fees charged by exchange websites. The fee structure includes a deposit fee, withdrawal fee, bank transfer fee, transaction fee, service fee, convenience fee, etc. Make sure you carefully look at the fee structure before choosing any platform to place trades.

Deposits and Withdrawal Charges

When you want to trade on different funds, you need to understand the deposit and withdrawal charges that exchanges in Dubai and the Middle East have. Many exchanges will accept different deposit and withdrawal methods, so the charges differ on every website. Some exchange websites also support different crypto deposits you can use when accessing crypto wallets. Moreover, these websites accept credit cards, debit cards, bank transfers, e-wallets, and other third-party providers to give you access to different payment methods. You must remember to choose the exchange that charges fewer deposit fees and takes fewer commissions or no commissions to enjoy profits.

Security

The trading websites are known for the security and regulation they offer. They have a valid SSL and 2-factor authorizations to provide safety to the user’s bank, wallet, and personal accounts. The cryptocurrency exchange websites don’t store users’ personal and financial data, ensuring utmost safety and security. These cryptocurrency exchange websites also provide to deploy advanced tools and technologies to protect the users’ accounts, adhering to the market standards.

Advanced Trading Features

There are many advanced features that these cryptocurrency exchange websites provide. You can enjoy trading features like trading robots to place automatic trades from the best crypto trading bot available online, copy trading to earn more, short selling and leveraging educational resources, and a mobile app. Moreover, you can also review the liquidity levels to sell positions and lower your costs to trade.

User Experience

One of the important aspects of these trading websites in Dubai or the Middle East region is providing the best user experience to the traders. You can easily navigate through the cryptocurrency exchange website, exploring all the details thoroughly without facing any hassles. Moreover, you can easily perform a bank transfer using the mobile app or desktop version of the exchange website. The page load time of these cryptocurrency exchange websites is also fantastic, allowing you to perform cryptocurrency transactions quickly and buy Bitcoin or other cryptos within minutes.

Customer Support

The cryptocurrency exchange websites provide excellent customer support options like 24/7 live chat, email, and over-the-phone support. If you have any queries regarding the service the cryptocurrency exchanges in Dubai provide, you can contact customer support. The customer service representative will contact you shortly and answer your questions instantly. You can resolve all your concerns immediately by addressing issues related to asset classes, cold storage, payment methods, fees, withdrawals, deposit-related queries, bank transfers, minimum deposits, and other concerns.

Conclusion

To conclude, choosing a reliable crypto exchange is not easy. Users often struggle to find a reliable and secure crypto exchange that has a multitude of supported cryptocurrencies, deep liquidity, a user-friendly interface, and competitive fees and other charges. To help our readers, we have compiled a list of the top crypto exchanges in UAE that employ excellent security protocols, provide high liquidity to protect traders from potential bankruptcies, beginner-friendly user interfaces, mobile compatibility, and the best fee structures for all types of traders. Choose a regulated crypto exchange to participate in legal trading and crypto exchange activities without worrying about losing money.

FAQs

How to buy cryptocurrency in UAE?

To buy cryptocurrency in UAE, find the best crypto exchange according to your need, register on exchange, complete KYC verification, fund your account, choose your desired cryptocurrency, and make the purchase.

Is crypto taxed in the UAE?

Advertisement

In the UAE, income earned from crypto activities like staking, investing, and trading is not considered taxable since the UAE does not levy personal income tax on individuals.

Can I trade and withdraw crypto in Dubai?

Yes, you can trade cryptos in the UAE’s best exchanges and the Bitcoin exchange platforms in Dubai and the Middle East. Traders can withdraw crypto in Dubai using any of their preferred payment methods.

Are there any hidden fees on these crypto exchanges?

Many crypto exchanges that are not reliable and regulated may have hidden costs that can add up to the user’s trading expenses. Hence, it is important to choose a regulated and transparent crypto exchange and read all the terms and conditions before registering with one.

Can I trade cryptocurrencies on these exchanges using my mobile phone?

Yes, the crypto exchanges in UAE have perfectly optimized mobile compatibility and dedicated mobile apps. These mobile apps enable users to buy and sell cryptocurrencies on the go from any part of the world.

Are all cryptocurrency exchanges licensed in the UAE?

All cryptocurrency exchanges have a valid license from FCA, AISC, and other regulatory bodies. You can check the licenses by visiting their terms and conditions page. You can go through a public license and review the license, ensure its authenticity, and check the regulations you need to know. The regulatory bodies regulate the cryptocurrency exchanges that accept digital currencies and perform online transactions. To buy Bitcoin, you can access the portals in Dubai with a good trading volume and deposit funds into your margin accounts using the best payment method.