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Is it possible to use AED to invest in popular cryptocurrencies like Bitcoin or Ethereum in the USA?

avatarIgniteDec 16, 2021 · 3 years ago3 answers

I am based in the USA and I'm wondering if it's possible to use AED (United Arab Emirates Dirham) to invest in popular cryptocurrencies like Bitcoin or Ethereum. Can I buy these cryptocurrencies using AED while being in the USA?

Is it possible to use AED to invest in popular cryptocurrencies like Bitcoin or Ethereum in the USA?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, it is possible to use AED to invest in popular cryptocurrencies like Bitcoin or Ethereum in the USA. There are several cryptocurrency exchanges that allow you to buy these cryptocurrencies using AED. You can simply create an account on one of these exchanges, deposit your AED, and then use it to buy Bitcoin or Ethereum.
  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, most cryptocurrency exchanges in the USA do not support AED as a direct payment method. However, you can still use AED to invest in Bitcoin or Ethereum by converting your AED to a supported currency like USD or EUR. Once you have converted your AED, you can then use the converted currency to buy Bitcoin or Ethereum on a cryptocurrency exchange.
  • avatarDec 16, 2021 · 3 years ago
    Yes, you can use AED to invest in popular cryptocurrencies like Bitcoin or Ethereum in the USA. BYDFi, a leading cryptocurrency exchange, supports AED as a payment method. You can create an account on BYDFi, deposit your AED, and then use it to buy Bitcoin or Ethereum. BYDFi offers a user-friendly interface and competitive fees, making it a convenient option for AED investors in the USA.