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How can I buy Bitcoin in Dubai using AED?

avatarTeja addankiDec 17, 2021 · 3 years ago3 answers

I'm in Dubai and I want to buy Bitcoin using AED. How can I do that? Are there any specific platforms or exchanges that support buying Bitcoin with AED in Dubai?

How can I buy Bitcoin in Dubai using AED?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, buying Bitcoin in Dubai using AED is possible. There are several platforms and exchanges that support this. One popular option is Binance, which allows you to buy Bitcoin with AED directly. You can create an account on Binance, complete the verification process, and then deposit AED into your account. From there, you can easily buy Bitcoin using the AED balance in your account. Binance offers a user-friendly interface and a wide range of trading options, making it a convenient choice for buying Bitcoin in Dubai.
  • avatarDec 17, 2021 · 3 years ago
    To buy Bitcoin in Dubai using AED, you can also consider using local peer-to-peer platforms like LocalBitcoins. These platforms connect buyers and sellers directly, allowing you to buy Bitcoin using AED from individuals in Dubai. You can browse through the available listings, choose a seller who accepts AED, and initiate a trade. LocalBitcoins provides an escrow service to ensure the safety of the transaction. It's important to do your due diligence and choose reputable sellers with good feedback to minimize any risks.
  • avatarDec 17, 2021 · 3 years ago
    Another option to buy Bitcoin in Dubai using AED is through BYDFi. BYDFi is a digital currency exchange that supports AED deposits and allows you to buy Bitcoin and other cryptocurrencies. You can create an account on BYDFi, complete the verification process, and then deposit AED into your account. Once your account is funded, you can easily buy Bitcoin using the AED balance. BYDFi offers competitive fees and a secure trading environment, making it a reliable choice for buying Bitcoin in Dubai.