Best Altcoin Trading Platforms In UAE 2023

Page Summary

The increasing interest in trading with altcoins in UAE makes finding a transparent and safe platform to invest in digital assets important. The growing number of reliable and scam cryptocurrency exchanges in UAE, makes selecting the ideal option for investors’ needs challenging.

With the cryptocurrency market being volatile, uncontrolled and missing out on investor protection features, potential investors and traders need to understand the pros, cons and key features of trading platforms, considering their exposure to investment loss in case of exchange bankruptcy.

This guide compares and reviews 174 exchanges available in UAE to help users find the ideal option for their needs. Crypto exchanges with the best altcoin trading platforms in UAE are listed below, followed by in-depth reviews and comparisons.

Best Altcoin Trading Platforms In The UAE 

  1. eToro – Best overall altcoin trading platform
  2. Binance – Best For Passive Income Options
  3. Coinbase – Top For Safety and Security
  4. Kraken – Ideal For Availability of Coins

Top Altcoin Crypto Exchanges in UAE Reviewed

Crypto exchanges with the highest rated platforms for altcoins in UAE are reviewed below.

1. eToro – Best Overall Altcoin Trading Platform

eToro logo

Rating: 4,9/5

Min Deposit: $100

Fees: 4.8

Assets available: 4.8

Total Fees:

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong Take 2 min to learn more

eToro is an excellent social trading broker with a professional altcoin platform. It is a secure brokerage form with top-tier licenses. eToro is popular because of its feature-rich trading platform. It offers advanced social trading features and research tools.

eToro offers many cryptocurrency pairs and fiat currency. It has access to the marketplace and the best crypto exchange services. the minimum deposit fee is $200, and the minimum required to trade is $10. eToro has a 0.5% fee for AED deposits on all payment methods. It is a top choice for UAE traders who want access to a professional altcoin trading platform.

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong Take 2 min to learn more

2. Binance – Best Exchange With Low Fees And A versatile Altcoin Portfolio


Rating: 4,8/5

Min Deposit:

Fees: 4.8

Assets available: 5.0

Total Fees:

Binance is a trustworthy global crypto exchange available for UAE traders. It offers reliable platforms and services for altcoin day trading. Binance has competitive fees and offers many digital assets.

Binance has a commission fee that starts at 0.1%. It offers advanced charting and analysis tools for professional UAE traders. Binance has limited learning materials and many premium services, including crypto staking.

3. Coinbase – Best Altcoin Crypto Exchange For Dubai Residents

Coinbase logo

Rating: 2,6/5

Min Deposit:

Fees: 2.7

Assets available: 3.6

Total Fees:

Coinbase is a top US-based cryptocurrency exchange with a straightforward platform. It is a good fit for traders at all levels. Coinbase offers 14 different cryptos, including Bitcoin. It has a comprehensive altcoin portfolio for UAE traders.

Coinbase has a standard trading fee of 1.49%. It offers rewards and incentives depending on the coins you store in your wallet. Coinbase is a top cryptocurrency exchange for traders who want the best digital assets trading services.

4. Kraken – Best Selection Of Digital Assets For UAE Traders

Kraken logo

Rating: 2,6/5

Min Deposit:

Fees: 3.9

Assets available: 4.5

Total Fees:

Kraken is one of the popular cryptocurrency exchanges in the UAE with access to 18 different coins. It has a trustworthy web platform but offers no mobile app. Kraken offers the best fee schedule called Maker-Taker.

The Maker-Taker schedule offers incentives for large trading volumes. For example, if you have a monthly average volume over US$50,000, you will have a fee of US$2,60 per US$1,000 in trading volume. Kraken is a top crypto exchange for professional UAE traders.

How To Chose The Ideal Cryptocurrency Exchange in UAE For Trading With Altcoins?

The most important criteria for finding an exchange with the ideal platform for trading and investing in altcoins are listed below.

  • Fees:  A transparent fee structure adds to an impressive trading experience. Some altcoin platforms in the UAE have a simple fee structure, others don’t. Verify our in-depth reviews to read more about crypto exchange fees and trading platforms. 
  • Account:  Each UAE altcoin crypto trading platform has different account tiers. Some crypto trading platforms request a minimum deposit fee. Others won’t request an initial deposit for new accounts. Some offer retail investor accounts. Others don’t. Check our in-depth reviews to learn more about account tiers and platforms. 
  • Withdrawal and deposit:  Funding your account must be simple. Depositing funds takes longer with some brokers than with others. Bank transfers have additional fees for UAE traders. Read about withdrawing and depositing funds options in our in-depth reviews. 
  • Market and products:  Each online platform has different assets and market coverage. You should choose an altcoin platform with a versatile portfolio. Check our in-depth reviews to learn more about crypto exchanges, altcoin platforms and markets. 
  • Trading platform:  A trading platform with a user-friendly design contributes to an outstanding trading experience. Choose a crypto trading platform with an intuitive interface and design. The platforms in our review are secure, but some might be challenging for beginners. Read our in-depth reviews to discover which crypto trading platform is best for your cryptocurrency trading needs. 
  • Customer support:  Customer service is essential for your online trading success. Reliable platforms offer phone support, email, and live chat. 
  • Safety:  A trustworthy altcoin platform in the UAE has top-tier licenses. It offers industry-leading safety measures for all accounts. Check our in-depth reviews to read more about online trading, safety, and crypto exchanges. 

Top Altcoin Exchanges Compared

Key features of altcoin exchanges with the top rated platforms in UAE are compared in the table below.

BrokerAvailable AltcoinsTrading FeesProof of Reserves RatioLiquidityOther Crypto ProductsTrading PlatformsCustomer ServiceRegulators
eToro25+ (Including Bitcoin, Ethereum, Ripple, etc.)Spread-based (From 0.75% to 5% based on the coin)N/AHighCrypto CopyPortfolioWeb, MobileLive Chat, Ticket SystemFCA, ASIC, CySEC
Binance350+ (Including Bitcoin, Ethereum, Binance Coin, etc.)0.1% per trade (tiered discounts for higher volume and BNB holders)1:1Very HighFutures, Options, Staking, Savings, DeFiWeb, Desktop, MobileLive Chat, Ticket SystemNot consistently regulated globally
Coinbase100+ (Including Bitcoin, Ethereum, Litecoin, etc.)1.49%-3.99% per trade1:1HighStaking, Savings, DeFi, Coinbase ProWeb, MobileEmail, Extensive FAQ and Guide SectionFCA, FinCEN
Kraken60+ (Including Bitcoin, Ethereum, Ripple, etc.)0.16% – 0.26% per trade1:1HighFutures, Staking, Margin tradingWeb, MobileLive Chat, Email, Extensive FAQFinCEN

How To Open A Trading Account With eToro? 

eToro is the leading altcoin trading platform in the United Arab Emirates. It has excellent platforms and social trading tools. UAE traders have a minimum trade requirement of $10. The minimum deposit fee at eToro is $200. UAE traders have to follow four simple steps to create an eToro account. 

Step 1: Go to eToro’s official website 

The first step to creating an account with eToro is to access their main website. Click on this link:


Step 2: Click on the Get Started button 

Next, you have to click on Get Started. This will redirect you to a new pager for opening new UAE accounts. 


Step 3: Set up your account and pass verification 

UAE traders have to sign up, verify their accounts, and make a first-time deposit. This will let traders use eToro to buy, hold, and sell altcoins.


Related: how to buy Bitcoin, How to buy Ripple, How to buy Ethereum 

Step 4: Start trading 

After your eToro account is verified, you’ll be able to start trading. eToro accounts are a top choice for buying, holding, and selling crypto assets. 


Trading with altcoins is a commonly used investment in UAE to achieve financial gains and grow wealth. However, with the rising number of exchanges, potential traders are forced to analyze, compare and evaluate key information to choose the ideal service for their needs.

This guide does the hard work to keep users safe and informed by comparing, evaluating and reviewing the services of different exchanges. The Business24-7 expert teams previously removed scams and unreliable offers lacking security features to guarantee informed decision-making. The assessment results in a list of the best altcoin exchanges in UAE, wrapped up in the table below.

#1eToro4,9/5Altcoin trading platformOfficial website
#2Binance3,1/5Passive income generationOfficial website
#3Coinbase2,6/5Safety and SecurityOfficial website
#4Kraken2,6/5Availability of altcoinsOfficial website



Is Online Trading Legal In The UAE?

Online trading in the UAE is legal. Traders select brokers with top-tier licenses from a foreign authority. The FCA, CySEC, and ASIC are top regulators for trading platforms. All platforms in this review are secure and follow strict regulations.

How Do I Know If An Altcoin Trading Platform Is Regulated?

Checking a platform’s regulation is straightforward. You should verify its regulatory status with its legal name and country. Check the information on the appropriate regulator website. Our in-depth reviews discuss which the safest altcoin providers are.

Which Are The Best Altcoins To Trade?

It depends on your trading experience and skills. Popular altcoins include Tether, Ethereum, Binance USD, and Ripple. Read our in-depth reviews to learn more about the best crypto exchanges and altcoins available in the UAE.

Is It Necessary To Have A Crypto Wallet To Trade Altcoins?

Yes. All UAE traders must have a crypto wallet to store their crypto assets. These digital wallets protect funds from unwanted access.


eToro is a multi-asset investment platform. The value of your investments may go up or down. Leveraged and speculative product. Not suitable for all investors. You should consider whether you can afford to take the high risk of losing your money. Capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Crypto assets are unregulated& highly speculative. No consumer protection. Capital at risk.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


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