Best Crypto App In UAE: Buy and Sell Crypto Today

Crypto exchanges are widespread, but UAE regulation is crucial. The Dubai Financial Services Authority (DFSA) licenses UAE crypto exchanges and determines what crypto assets are allowed.

The regulation protects you if the exchange fails and you lose your money. Crypto platforms outside the UAE are often licensed to operate worldwide by their local regulator. The main Emirati crypto exchanges and their global regulators are listed here.

1. eToro. Best for beginners, copy-trading & demo-account

Pros

Great for beginners, simple to set up and get started
Competitive, industry-leading commissions
Popular ‘Copy Portfolios’ function lets you follow top traders
Excellent customer service, with live chat support provided.

Cons

Comparatively high fees for withdrawals and account inactivity
Does not integrate with the MetaTrader platform
High spreads on some assets

The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.

2. Plus500. Best for international CFD trading

Pros

Free demo account for every user
Secure broker, licensed by top-tier regulators
Wide variety of CFDs to trade
Several good risk management tools.

Cons

No support on trading information and education
Website isn’t brilliantly designed to help users find answers to their questions
No MetaTrader trading platform compatibility.

The fees: Plus500 generates money from the Bid/Ask spread and charges no commissions. Spread starts at 0.01% or 0.9 pips and varies per instrument. Overnight funding depends on trade size and guaranteed stop orders add no less than 10% to the spread. Accounts inactive for three months incur a £10 monthly fee.

3. Kraken: Best for simple, global cryptocurrency trading from your phone

Pros

Cheap/ free deposits in EUR and cheap deposits for the USA
Margin trading and Futures supported
Transparency – it was the first exchange to carry out proof of reserves
Low fees in comparison to other exchanges.

Cons

Catered towards professional traders with large trading volumes
Slow account verification in comparison to other brokers.

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

4. Eightcap. Best online broker for choice of trading platform

Pros

Low trading fees for CFDs
Trade directly from the Trading
View platformRegulated by top-tier authorities
Leverage up to 1:500
Partnered with multiple proprietary trading firms.

Cons

Some markets are not available to all regions
Customer support does not operate 24/7

The fees:Eightcap, a CFD broker, charges spread, commissions, or both. Two account types exist: RAW and Standard. RAW accounts charge $3.5 RT per lot with ultra-low spreads from 0.0 pips. Spreads start at 1 pip and the standard account is commission-free for most assets.

5. Bybit: Best crypto exchange for derivatives & margin trading

Bybit is primarily designed for more advanced traders, with integrated charts from TradingView that allow for extensive technical analysis across 100+ indicators. It’s highly secure, too, with regulatory approval in Europe and the Middle East, and it offers a comprehensive service to users around the world (except the US).

The fees: A maker-taker system lowers fees for liquidity providers. ByBit's maker and taker fees are competitive at 0.020% and 0.055%, matching the large exchange competitors.

6. Bitstamp. Best for professionals & trading with APIs

Pros

Low trading fees and no spreads.
Supports multiple fiat currencies.
Regulated platform

Cons

Limited number of coins available.
Major fees on deposits and withdrawals.
Liquidity has suffered due to the limited selection of coins and most liquidity is concentrated in top names like Bitcoin and Ether

Fees: Trading less than $1,000 in a rolling 30-day period is free. Above that, fees start at 0.4% and decrease with trade volume. A 15% stake fee applies. Withdrawals cost €3.

7. KuCoin. Best social trading altcoin exchange

Pros

Anonymous trading with up to 2 BTC withdrawals/24 hours
Wide variety of cryptocurrencies
No deposit fees

Cons

Low trading volumes not suitable for big traders
Doesn’t support U.S. customers
You might experience delays and lags during high-traffic times.

The Fees: Trading costs are sliding scale. Fees are 0.1% on 30-day trading volumes under 50 BTC. If you pay in KCS or store over 1000 KCS, you get discounts.

What do you need to buy Bitcoin in United Arab Emirates?

A phone or internet connection is all you need to invest in Bitcoins in UAE. Start with these to make your experience as quick and flawless as possible.

Crypto exchange. Choose a crypto exchange and register beforehand. You're ready to buy Bitcoin when the price is right.
A payment method. Many UAE residents buy Bitcoin with a bank account or card. You can buy crypto with PayPal or another e-wallet. Make sure you have your payment card, PayPal, or other account information.
Copy of your ID photo. ID is normally required to buy Bitcoin in UAE. UAE crypto brokers require ID verification to comply with KYC (Know Your Customer) rules to prevent fraud.
Optional personal crypto wallet. After buying Bitcoin, you can leave it on the exchange or move it to a crypto wallet for security. Install a popular wallet like MetaMask ahead of time to save time.

P2P exchanges can be used to acquire bitcoin in UAE without ID, but they are less secure and harder to use, therefore only experienced crypto investors should use them. Most swaps require ID.

What is the best Bitcoin wallet in United Arab Emirates?

Privacy and unregulation make wallets available to everyone, regardless of location.MetaMask and Trust Wallet are top crypto wallets available globally..

However, crypto services are becoming all-in-one platforms where you may utilize one account for exchange and wallet. Using Binance or OKX is ideal for novices as they can buy and store their crypto on the same site.