How to Buy Bitcoin in the UAE in 3 Easy Steps • Benzinga

easyMarkets has been serving investors since 2001, and allows you to trade Bitcoin, Ripple and Ethereum through their intuitive desktop platform and mobile app.

The Middle East has embraced the digital currency explosion and many governments in the Middle East have begun collaborating with financial companies to issue their own cryptocurrencies. In addition, a slew of cryptocurrency exchanges and companies involved in initial currency offerings (ICOs) have begun all over the Middle East, including in the Emirates.

Specifically, the United Arab Emirates (UAE) has taken interest in cryptocurrencies seriously, and plans by the Securities and Commodities Authority of the UAE began regulating initial coin offerings in the first quarter of 2019.

Unless you’ve been living under a rock, then there’s a good chance you know all about the power of Bitcoin. Recently, a publication called the Khaleej Times printed countless articles related to the benefits of Bitcoin and the Blockchain technology, and more posts are being published every day about how to buy bitcoin in UAE and Dubai. If you were lucky enough to invest in Bitcoin when it was still new to the financial marketplace, then you may already be a millionaire today.

Of course, even if you didn’t jump straight into the Bitcoin market, that doesn’t necessarily mean that you have missed your chance of earning huge amounts of cash. If you’re prepared to learn, then you could start your journey into Bitcoin today.

There are a few different options to buy Bitcoin and other cryptocurrencies in UAE and Dubai.

Securely store all your digital assets in our web wallet that uses multiple keys to make your wallet safe.

The Bitex trading platform isn’t only about order placement. It provides advanced charts and financial indicators for the professionals.

Use our mobile application to trade on the go.

Creating a Bitex account is free of charge.
Storing Bitcoin, Litecoin, Ethereum, Ripple and Bitcoin Cash in Bitex’s secure wallet is free of charge.

Depending on your primary reason for depositing, withdrawing, trading or otherwise using Bitex, we assign a fee schedule as following:

Deposits: All unverified accounts can deposit up to AED 2,000 per week.

Founded in 2018, Bitex UAE is a digital currency exchange and a professional trading platform operating in United Arab Emirates. With the advancement in Blockchain technology and the widely known digital currencies, Bitex foresaw the need of such a platform in one of the fastest growing regions in the world.

Bitex UAE currently provides a platform for the investors whether they are new to blockchain and would just like to invest in digital assets for long term or if they are professional traders, an advanced platform with charting tools, orderbook and one-click trade option provided.

Bank Deposit: Up to 24 hoursIt usually take around 24 hours to reflect in the account. We ask users to wait for 24 hours before writing to us about the status of deposit. During holidays, the deposit is reflected in your account on the next working day.

Cash Deposit: Account balance updated immediately. Ready for use after 24 hoursThis is a new service we have pioneered that allows users to request cash to be picked up by our agents. When you request a cash pick-up, you have to fill in a form describing amount, timeslot, date and address. During the pick-up you need to submit the filled form to the agent along with the cash. You also need to present a valid Emirates ID to the agent who will confirm you identity.
Once the agent collects cash, the deposit amount will be visible in your account and will remain locked.

easyMarkets has been serving investors since 2001, and allows you to trade Bitcoin, Ripple and Ethereum through their intuitive desktop platform and mobile app.

The Middle East has embraced the digital currency explosion and many governments in the Middle East have begun collaborating with financial companies to issue their own cryptocurrencies. In addition, a slew of cryptocurrency exchanges and companies involved in initial currency offerings (ICOs) have begun all over the Middle East, including in the Emirates.

Specifically, the United Arab Emirates (UAE) has taken interest in cryptocurrencies seriously, and plans by the Securities and Commodities Authority of the UAE began regulating initial coin offerings in the first quarter of 2019.

Since the launch of the Bitcoin network in 2009, cryptocurrencies have evolved into a multi-billion-dollar industry. With around 12,000 exchange marketplaces where cryptocurrencies such as bitcoin, ether and others are traded, according to cybersecurity company Carbon Black, the cryptocurrency market is massive, weighting over US$127 billion as of January 10, 2019.

Today, cryptocurrencies are present in nearly all countries around the world, including the United Arab Emirates (UAE).

Though UAE-based customers can buy cryptocurrencies from international exchanges such as Kraken, Bittrex, and Binance, local options also exist. These include BitOasis, a cryptocurrency exchange based in Dubai and present in the UAE, Kuwait, Bahrain, Oman and Saudi Arabia.

Now known as the largest and most populous city in all of the United Arab Emirates, the beautiful city of Dubai begets its humble roots as a simple pearl-fishing village. Over the years Dubai has established itself as an international port city for free trade.

Dubai is not only a global city and business hub of the Middle East but also a major global transport hub for passengers and cargo. Established as a free port in 1901 by Maktoum bin Hasher Al Maktoum, Dubai enforced no taxation on imports or exports.

In the 1980s, Dubai fashioned itself into a free-trade oasis at the prompting of Sheik Mohammed bin Rashid al-Maktoum.

Dubai has been at the center of gold trade since the 1960s.

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