Binance FZE,The best UAE crypto exchange is a platform that offers a secure and user-friendly environment for buying, selling, and trading digital currencies. It must good selection of cryptocurrencies, competitive fees, and smooth AED payment options. A trustworthy exchange also ensures strong security features to protect your funds and personal information.
We will review the 8 best crypto exchanges in Dubai based on key factors such as supported coins, trading fees, regulatory compliance, ease of use, payment methods, and overall security.
List of Best Crypto Exchanges in UAE: Our Top Picks
Binance: Overall best crypto exchange in UAE
Bybit: Best crypto derivatives exchange in UAE
OKX: Safest Dubai crypto exchange
BitOasis: Best licensed exchange in the Middle East
Rain: Low-fee crypto exchange in Dubai
Bitget: Best crypto copy trading UAE platform
MEXC: No-KYC crypto exchange in UAE
Crypto.com: Best Bitcoin and crypto trading platform in Dubai
Best UAE Crypto Trading Apps and Platforms Reviewed
1. Binance
Binance is one of the leading crypto and Bitcoin exchange platforms in the UAE. Its Dubai subsidiary, Binance FZE, received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Binance to extend its product offerings to both retail and institutional investors in the UAE, including services such as spot trading, lending, borrowing, and staking.
The platform maintains deep liquidity, with a daily BTC trading volume exceeding $76 billion. In terms of supported cryptocurrencies, Binance provides access to over 400 digital assets and more than 1,500 trading pairs. Binance’s fee structure is competitive, with trading fees ranging from 0.1% to 0.024% for takers and 0.1% to 0.012% for makers, depending on the user’s 30-day trading volume.
For UAE users, Binance supports various payment methods to deposit AED, including MasterCard, Visa, bank transfers, and ADVCash, with instant fiat-to-crypto transactions. Also, Binance offers its own payment system, Binance Pay, which includes a prepaid Visa debit card usable for purchasing goods and services.
Pros
Supports 400+ cryptocurrencies for diverse trading options
Competitive trading fees starting at 0.1%
Licensed by Dubai’s VARA and holds an FSP
Multiple payment methods like cards, bank transfers, Binance Pay
Advanced security with 2FA, whitelisting, and Proof of Reserves
Cons
Limited customer support with slow response times
Full access requires identity verification through KYC
2. Bybit
Bybit is another one of the top cryptocurrency exchanges in the UAE. Established in 2018, It has grown rapidly and, as of today, serves over 50 million users worldwide. Recently, Bybit secured a Provisional (Non-Operational) Approval for a Virtual Asset Service Provider (VASP) license from Dubai’s VARA. It provides access to 1,699 different cryptocurrencies and 275 crypto derivatives. The platform supports spot trading and 100x perpetual futures markets.
The exchange offers competitive trading fees, with spot trading fees ranging from 0.02% to 0.1% for both makers and takers. For derivatives, the fees are between 0.01% and 0.055% for makers and 0% to 0.02% for takers. Plus, a funding fee of 0.02% applies. Bybit accepts various payment methods, including credit and debit cards, PayPal and cryptocurrencies. Also, the platform allows users to buy crypto with AED.
Bybit’s platform is user-friendly and offers features such as fixed and flexible staking, high-yield savings accounts, copy trading, and liquidity mining. The exchange also provides automated wealth management services, a prepaid crypto debit card, and a built-in NFT marketplace.
Pros
Supports 1699 cryptocurrencies and 275 derivatives markets
Competitive fees, 0.1% for spot, 0.02%-0.055% for derivatives
UAE-friendly with AED payment supported via cards and PayPal
User-friendly platform with staking, copy trading, and savings
Strong security with 1:1 Proof of Reserves and two-factor authentication
Cons
Provisional license; not yet fully operational in Dubai
Limited direct fiat withdrawals for AED
3. OKX
OKX is one of the best UAE crypto exchanges, designed for all types of traders. It is licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), making it a trusted platform for cryptocurrency trading. You can trade over 280 cryptocurrencies on OKX, including popular ones like Bitcoin, Ethereum, and Tether. The platform also offers more than 480 trading pairs, such as BTC/AED and ETH/AED, making it easy to trade in AED.
The trading fees on OKX start at 0.10% for both makers and takers. You can get discounts if you trade large volumes or hold OKX’s native token, OKB. In the UAE, OKX allows you to deposit and withdraw AED directly using local bank accounts.
The platform is simple for beginners but has advanced tools for experienced traders like 100x leverage trading, margin trading, NFT marketplace, and Web3 ecosystem. Your funds are also safe with top-level security, including PoR, multi-factor authentication, and offline storage.
Pros
Licensed by VARA, ensuring regulatory compliance in Dubai
Supports over 280 cryptocurrencies and 480+ trading pairs
AED deposits and withdrawals via local bank accounts
Low trading fees start at 0.08% for makers and 0.1% takers
Advanced security with multi-factor authentication and cold storage
Cons
Lack of detailed customer support for niche trading issues
Trading fee discounts require holding OKB tokens
4. BitOasis
BitOasis is one of the top cryptocurrency exchanges in the UAE. It started in 2015 and is based in Dubai. The platform lets you trade more than 80 cryptocurrencies, including popular ones like Bitcoin, Ethereum, Ripple, and Cardano. It’s only designed to meet the needs of UAE residents, making it a trusted choice for buying, selling, and holding crypto.
The exchange is licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), ensuring it follows all local laws. It also has approval from Bahrain’s Central Bank to operate as a broker-dealer.
For payments, BitOasis provides several options. You can deposit money using credit or debit cards, with a fee of 3.99%. Wire transfers from local banks are also supported, and while BitOasis doesn’t charge for these, some banks may add their own fees. There’s a special feature for UAE users called Easy Funding, which lets you link your bank account for fast deposits. This option does not charge fees. Apple Pay is also available for instant deposits starting at AED 100.
The platform is easy to use on both mobile and desktop, making it convenient for all types of traders. Security is a priority, with strong measures in place to protect your funds and information. BitOasis also provides helpful guides and resources to make crypto trading easier for beginners.
Pros
Licensed by VARA and Central Bank of Bahrain
Easy funding with local bank accounts for UAE users
Multiple payment methods like Apple Pay, wire transfers
User-friendly interface on both mobile and desktop
Cons
3.99% fee for card payments
Limited cryptocurrency options compared to larger exchanges
5. Rain
Rain is one of the top crypto trading platforms in the UAE, known for its secure and easy-to-use platform. It is licensed by the Abu Dhabi Global Market (ADGM), ensuring that it operates within strict regulations. Rain supports over 70 cryptocurrencies, including popular ones like BTC, ETH, USDT, and SOL.
When it comes to fees, Rain keeps things simple and transparent. Instead of charging traditional trading fees, a margin of 1% to 2.5% is included in the prices shown. Depositing AED into your Rain account is free, and withdrawals in AED to local banks also come without any charges. For the advanced platform, it charges 0.10% maker fees and 0.25% taker fees on all trades.
You can use local bank transfers to deposit AED seamlessly, and credit or debit cards like Visa and MasterCard are also supported. It uses advanced measures like cold storage and multi-factor authentication to protect your assets. Additionally, the platform has a mobile app available on iOS and Android.
Pros
Licensed by ADGM, ensuring strong regulatory compliance
No fees for AED deposits and withdrawals to UAE banks
Multiple payment methods like bank transfer and credit cards
Sharia-compliant for users seeking ethical investment options
Cons
Fewer supported cryptocurrencies compared to global exchanges
Credit card transactions may incur high bank-imposed charges
6. Bitget
Bitget is one of the best Bitcoin exchanges in the UAE, offering a range of advanced trading features. The platform supports over 1200 cryptocurrencies. So, whether you’re buying major coins like Bitcoin and Ethereum or exploring smaller tokens, Bitget has plenty of options.
Bitget has zero fees for buying and selling crypto through its Peer-to-Peer (P2P) platform. Additionally, it supports fiat gateways for multiple Middle Eastern currencies, including UAE Dirhams. To make the platform more user-friendly for Arabic-speaking traders, Bitget offers full Arabic language support on its mobile app and website.
While Bitget is not yet fully licensed in the UAE, the company is actively working to secure regulatory approvals and establish a regional office. Bitget is known for its unique features like copy trading, which lets beginners mimic the trades of experienced investors. Plus, the platform offers advanced futures trading options, with 125x leverage.
Another standout feature is the Bitget Wallet, a multi-functional crypto wallet that supports swaps, NFTs, and decentralized apps (DApps). This makes it easy for users to manage their digital assets and explore the Web3 ecosystem.
Pros
Supports 1200+ cryptocurrencies for diverse trading options
Zero fees for P2P crypto transactions
Arabic language support for UAE and MENA users
Unique copy trading feature for beginners
Advanced futures trading with leverage options
Cons
Not yet fully licensed in the UAE.
No local customer support offices in the region
7. MEXC
MEXC is the cheapest crypto trading platform in the UAE, offering a wide range of features and benefits for users. Launched in 2018, it has grown rapidly and now supports millions of users globally, including many in Dubai and the UAE. MEXC offers an impressive selection of over 2,500 cryptocurrencies and 2,900 trading pairs.
One of MEXC’s best features is its low fees. For spot trading, the platform charges 0.05% for both makers and takers. Futures trading is also affordable, with 0.01% maker fees and only 0.04% for takers. Deposits are free, although standard network fees apply when moving funds on the blockchain. These low costs make MEXC one of the low-fee platforms for crypto trading in the UAE.
MEXC supports multiple payment options that work well in the UAE. You can deposit money using bank transfers, credit or debit cards, or third-party payment services through P2P. The platform also offers OTC (Over-The-Counter) services. MEXC provides advanced trading tools like spot and futures trading with leverage, copy trading to mimic the strategies of top traders, and demo accounts to practice. The platform is easy to use, with a simple interface and a mobile app. You can also trade crypto without KYC verification and withdraw up to 10 BTC per day.
Pros
Supports 2,500+ cryptocurrencies and 2,900 trading pairs
Very low fees for crypto trading
Multiple payment methods, including bank transfers and cards
User-friendly interface and feature-rich mobile app
Offers advanced tools like copy trading and demo accounts
Cons
The licensing status in the UAE remains unclear
Limited customer support options for urgent issues
OTC services may involve higher spreads than regular trading
8. Crypto.com
Crypto.com is another licensed and one of the best crypto trading exchanges in the UAE. It is fully licensed by the Virtual Assets Regulatory Authority (VARA) in Dubai. This license allows Crypto.com to provide various services, such as buying, selling, and trading cryptocurrencies, as well as lending and borrowing digital assets.
The platform also offers spot trading, which is ideal for those who want to trade cryptocurrencies directly. Additionally, users can enjoy features like trading bots and sub-accounts, making it easier to manage multiple portfolios or automate trades.
One of the major advantages of using Crypto.com in the UAE is the introduction of the AED Fiat Wallet. This enables users to deposit and withdraw UAE Dirhams (AED) directly from their accounts. This is great news for local users as it allows for quick and easy transactions without having to convert to other currencies. Plus, deposits from UAE bank accounts are completely free of charge.
Pros
Licensed by Dubai’s VARA for regulated operations in UAE
Supports AED deposits and withdrawals with no fees
350+ cryptocurrencies available for trading
Offers trading bots and advanced trading features
Security-focused with strong encryption and user protection
Cons
High fees on some transactions, especially for small amounts
Occasional withdrawal delays for certain assets
Best Crypto Exchanges in Dubai – Comparison Table
Exchange
Supported Coins
Trading Fees
UAE Regulated
Binance
400+
0.1% maker/taker
Yes (Licensed by VARA)
Bybit
1,699+
0.1% maker/taker
Provisional VARA license
OKX
280+
0.08% maker and 0.1% taker
Yes (Licensed by VARA)
BitOasis
80+
3.99% for card payments, wire transfers free
Yes (Licensed by VARA & Bahrain CBB)
Rain
70+
Free, 0.10%-0.25% (advanced portal)
Yes (Licensed by ADGM)
Bitget
1,200+
0.1% maker/taker
No
MEXC
2,500+
0.05% maker/taker
No
Crypto.com
350+
0.25% maker and 0.5% taker
Yes (Licensed by VARA)
How to Choose a UAE Crypto Exchange?
Trading Fees
Trading fees are the costs you pay when buying or selling cryptocurrencies in the UAE. These fees can be either transaction charges, withdrawal fees, or deposit fees. High fees can reduce your profits, so it is important to find an exchange with fair rates.
Some UAE exchanges offer discounts for high-volume traders or low fees for specific crypto transactions. Hence, comparing these all types of fees helps you choose a platform that lets you trade without losing your extra money.
Available Cryptocurrencies
Different crypto exchanges in the UAE offer a different variety of cryptocurrencies. Some of them will offer only popular coins like Bitcoin, Ethereum, or Binance Coin, while many support newer or less common options.
So, if you want to trade specific coins or tokens, check the exchange’s list of coins and tokens before signing up. A platform with more cryptocurrencies gives you more trading opportunities and helps you diversify your portfolio.
User Interface & Experiences
A proper user interface is critical, especially if you are a newbie in crypto trading in the UAE. A clean and simple platform makes it easy for you to purchase, sell, or follow cryptocurrencies. Complicated platforms increase the chances of making mistakes or frustration.
UAE crypto exchanges with beginner-friendly designs and helpful tools save you time and effort. Look for an exchange that works properly on mobile and desktop devices for ease.
Security
The most important aspect when selecting a UAE crypto exchange is security. If an exchange is not secure, your funds and personal information may be stolen. Reliable UAE platforms have robust measures such as two-factor authentication, encryption, and cold wallets to protect your assets.
You must look for security certifications and user reviews before signing up. A safe exchange ensures your trading experience is hassle-free and your money is protected.
Payment Methods
The ease with which you can deposit or withdraw money on a crypto exchange in the UAE is determined by the available payment methods. Most UAE platforms support bank transfers, credit or debit cards, and sometimes e-wallets.
Choose an exchange that offers payment methods you are comfortable using. Fast and simple payment options save time and make it easier for you to start trading. Ensure the platform also supports AED to avoid extra conversion fees.
Regulatory Compliance
Regulatory compliance is imperative when selecting the best crypto exchange in the UAE. Platforms following UAE’s crypto laws and regulations are safer for you to use. The most regulated exchanges ensure transparency and protect your funds besides reducing risks of scammers.
Before signing up, examine if it is licensed by an authority in the UAE, either the Dubai Multi Commodities Centre (DMCC) or Abu Dhabi Global Market (ADGM). A regulated platform will give you peace of mind while trading.
Types of Crypto Exchanges in UAE
Decentralized Exchanges (DEXs)
Decentralized exchanges let you trade cryptocurrencies directly with other people. There is no middleman or company controlling the exchange. These platforms run on blockchain technology, which makes them secure and private.
In the UAE, using a DEX is a good option if you want full control of your crypto. You also don’t need to share personal information. But, DEXs can be a bit tricky sometimes for beginners because they have fewer user-friendly features.
One example of a DEX is Uniswap, where you can trade tokens without signing up. But keep in mind, DEXs usually don’t support traditional currencies like AED. If you are comfortable with tech and want more freedom, a DEX is a smart choice. Also, just remember, if you lose your wallet key, your funds can’t be recovered.
Centralized Exchanges (CEXs)
The most common type of crypto exchange in the UAE is centralized exchanges, also known as CEXs. These are run by companies that act as middlemen for buying and selling cryptocurrencies. They are easy to use and often support fiat currencies like AED.
For instance, Binance and Bybit are popular CEXs in Dubai that offer fast transactions, many cryptocurrencies, and helpful tools for traders. However, because you are giving the company your funds, you must trust them to keep your assets safe.
Also, many people are worried about hacks or insolvency on CEXs, but most of the platforms have strong security measures. If you are new to crypto trading or want simple payment methods such as credit cards or bank transfers, a trustworthy CEX is always a good choice. Also, just make sure that your exchange is legalized in the UAE.
Peer-to-Peer (P2P) Exchanges
P2P exchanges enable you to trade Bitcoin or crypto directly with other people. They connect buyers and sellers, enabling both parties to negotiate and set their own prices. P2P exchanges are very popular in the UAE because they give you control over trade. Binance P2P and Paxful are examples of such platforms. They offer secure escrow systems to ensure that both parties complete the deal before transferring funds.
P2P exchanges are good to use if you want to trade in AED or avoid high transaction fees. They also accept many forms of payment, including bank transfers or even cash deposits.
However, the process is a little slower than centralized ones, since you will be waiting for someone who would accept your offer or agree on your terms to become either the buyer or the seller. But if you’re concerned about privacy and flexibility, a P2P exchange may be what you’re looking for.
How to Buy Bitcoin and Crypto in the UAE?
Buying Bitcoin or any cryptocurrency in the UAE is easy if you follow the right steps. Here’s a simple guide to help you get started, even if you’re a total beginner.
Choose a Reputable Exchange: The first step is to choose one of the reputable crypto exchanges. There are many such in the UAE including Binance, Bybit, and BitOasis. You must look for one that is registered in the UAE, supports AED, and has good security. Also, see how reliable and secure the platform is by reading some reviews.
Create an Account and Complete KYC: You would need to open an account after choosing an exchange. This is about as easy as signing up for any website. You would have to provide some basic details, such as your name, email, and phone number. And, most UAE exchanges also require you to complete a KYC process. This means uploading documents like your Emirates ID or passport to verify your identity
Deposit Funds: Once your account is ready, it’s time to add money to it. Most exchanges in the UAE allow you to deposit AED using a bank transfer, credit card, or even e-wallets like PayPal. Hence, choose a method that is convenient for you.
Buy Bitcoin or Crypto: Now that you have money in your account, you can buy Bitcoins or any other cryptocurrency. Look for the crypto you are looking to buy on the exchange. You could look for Bitcoin (BTC) or Ethereum (ETH). Enter the amount you wish to buy and confirm the details. Many exchanges also allow you to set a price if you want to buy when the market is lower. Click “Buy” and, within seconds, you’ll own your first cryptocurrency.
Withdraw Funds: Once you have bought the crypto, you might need to withdraw it to keep it safe. You can either transfer it to a personal wallet or hold it on the exchange. If you like to have control over your crypto, send it to a secure wallet, for example, a hardware wallet or a mobile wallet app.
UAE Crypto Regulations
The UAE has clear rules for cryptocurrency to keep trading safe and protect investors. The Securities and Commodities Authority (SCA) made it necessary for all crypto businesses to get a license from them. These rules cover activities like offering, buying, selling, and trading cryptocurrencies. Companies must also follow laws to prevent money laundering and illegal funding.
In Dubai, the Virtual Assets Regulatory Authority (VARA) requires any crypto business working in or from Dubai to get a license.
When it comes to taxes, individuals don’t have to pay capital gains or income tax on their crypto earnings. However, businesses earning more than AED 375,000 per year must pay a 9% corporate tax, which started in 2023. Also, cryptocurrency mining is not free from VAT (Value Added Tax), so miners must pay the standard VAT rate.
Conclusion
In a nutshell, the best crypto exchanges in the UAE are Binance, Bybit, OKX, BitOasis, Rain, Bitget, MEXC, and Crypto.com. These platforms are best due to their large cryptocurrency offerings, competitive fees, and strong security measures.
The choice of the best AUE platform depends on your needs, such as supported cryptocurrencies, fees, and regulatory compliance. Also, prioritize security and functionality to make the most of your trading experience in Dubai.
FAQs
Is crypto exchange legal in UAE?
Yes, trading cryptocurrencies like Bitcoin on a crypto exchange is legal in the United Arab Emirates (UAE). The government has set up rules to make sure that buying and selling digital money is safe and follows the law. The SCA introduced regulations requiring all crypto businesses to get a license.
What are the best Bitcoin wallets in the UAE?
The best Bitcoin wallets in the UAE are Phantom Wallet and Trezor Safe 5. For software wallets, Phantom Wallet is a popular choice. It’s easy to use and lets you manage your Bitcoin on your computer or phone. For hardware wallets, the Trezor Safe 5 is well-known for its strong security features. It keeps your Bitcoin offline, which makes it harder for hackers to access it.
Which bank is most crypto-friendly in the UAE?
Emirates NBD and Abu Dhabi Commercial Bank (ADCB) are the leading banks known for their relatively crypto-friendly approach. They have been open to serving customers involved in the cryptocurrency space.
Is UAE a crypto-friendly country?
Yes, the UAE is considered one of the most crypto-friendly countries in the world. The government is open to new technologies and has created rules to support the growth of cryptocurrencies.
For instance, in Dubai, there is an official government-licensed company, KIKLABB, that accepts cryptocurrency in exchange for issuing trade licenses or visas. As such, one can clearly determine that the UAE offers a secure climate for crypto-based businesses and people.
Which crypto exchange is best in Dubai?
Binance and Bybit are the best crypto exchanges in Dubai. Binance is one of the biggest and has numerous cryptocurrencies that can be traded. Bybit is another exchange that is more used nowadays for being user-friendly and with advanced trading facilities. Both platforms are known for high-security features and are well-present as regional platforms.
Which banks allow you to buy Bitcoin in UAE?
Emirates NBD is the bank that allows you to buy Bitcoin in UAE. It is known for its relatively crypto-friendly approach and has been open to serving customers involved in the crypto market.
Is it legal to cash out crypto in Dubai?
Yes, it is legal to cash out your cryptocurrency in Dubai. To do this, you would sell your crypto assets on a licensed exchange platform, converting them into fiat currency like UAE Dirhams or US Dollars. After selling, you can withdraw the funds to your linked bank account.
