Home Best crypto exchange Best UAE Crypto Exchange 2021

Best UAE Crypto Exchange 2021

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The best cryptocurrency exchanges in UAE are eToro, Coinbase, Cash App, Binance, Kraken, CEX IO, and Bittrex. eToro and Coinbase are our top choice because of the straightforward process of buying and selling cryptocurrencies. Cash App is a top choice for beginners, as it offers a user-friendly interface and transparent fee structure.  

Each cryptocurrency exchange has strengths and weaknesses. This article discusses the best crypto exchanges in the UAE. 

Best Crypto Exchange in UAE

  • eToro – best overall offer for crypto trading
  • Coinbase – great trading platform and fees
  • Cash App – best exchange for beginner investors
  • Binance – best offer of cryptocurrencies
  • Kraken – best choice for experienced investors 
  • CEX IO – best choice for UAE traders at all levels
  • Bittrex – best account security for UAE residents
RANKBROKERGENERALPLATFORM SCOREBEST FORWEBSITE
#1eToroFor commission-free trades4.9/5Best crypto UAE exchangeOfficial website
#2CoinbaseGreat Overall Offer4.4/5Great trading platform and feesOfficial website
#3Cash AppAccess to many assets4.7/5Best Exchange For BeginnersOfficial website
#4BinanceIf you want to invest in less popular altcoins4.3/5Best PortfolioOfficial website
#5KrakenBest for experienced investors4.5/5Best Cryptocurrency Exchange For ProfessionalsOfficial website
#6CEX IOBest choice for UAE traders4.6/5Best Cryptocurrency ExchangeOfficial website
#7BittrexBest transaction fees4.7/5Best Account SecurityOfficial website

7 Best Crypto Exchanges UAE In Overview:

01. eToro: Best Crypto Trading Exchange In The UAE 

etoro-login

eToro is the best crypto UAE exchange offering brokerage and exchange services at the same time. It is a safe online broker regulated by top-tier financial regulators with a great cryptocurrency portfolio. eToro is best known for commission-free trades, features-rich trading platform, and advanced social copy trading features. This lets users copy trades and whole portfolios from the best traders.

Related:
How to Buy Bitcoin in UAE, Best Bitcoin Trading Platform


02. Coinbase: Great Overall Offer For UAE Residents 

Coinbase is a popular cryptocurrency exchange in the UAE. It has a versatile portfolio with access to a transparent fee policy. It offers Coinbase Pro for professionals with access to a lower fee structure and many charts and indicators. 

Coinbase provides access to a beginner-friendly exchange. It has custodial wallets to help traders secure their investments. Coinbase Pro is a free version of the exchange with a cheaper fee structure for more experienced traders. 


03. Cash App: Best Exchange For Beginners 

Cash App has an excellent platform for new traders. It provides access to the flexible solution to withdraw funds to man crypto wallets. Cash App remains a peer-to-peer money transfer system and functions similar to a bank account. 

Cash App offers access to many assets, including stocks, ETFs, and Bitcoin. Its beginner-friendly mobile app recommends it as the best cryptocurrency exchange for beginner UAE investors. 


04. Binance: Best Portfolio With Many Digital Coins 

Binance is one of the most popular cryptocurrency exchanges on the globe. It offers access to many currencies, besides the most popular coins. Binance has over 100 different trading pairs, including fiat-crypto pairs. 

We recommend Binance to traders who want to invest in less popular altcoins. It has more than 50 distinct cryptocurrencies. Binance offers access to both professional and beginner-friendly tools. It is an excellent choice for UAE traders at all levels.


05. Kraken: Best Cryptocurrency Exchange For Professionals 

Kraken is a well-established cryptocurrency exchange with industry-leading technology. It is a top choice for professional UAE traders, as it offers margin and futures trading. Kraken provides access to many coins, including Ethereum, Bitcoin, Litecoin, and Ripple. 

This exchange has proprietary futures trading platforms. It has a versatile portfolio with a transparent fee structure. Professionals receive rewards and many educational resources.  


06. CEX IO: Best Cryptocurrency Exchange For UAE traders At All Levels 

CEX IO is a global crypto exchange available in more than 99% of countries worldwide. It offers access to more than 80 crypto assets, including Bitcoin.  

This exchange is a top choice for traders at all levels, as it has both beginner-friendly and professional features. Advanced traders have access to spot trading features and margin trading accounts. All traders receive staking rewards and access to a reliable mobile app. 


07. Bittrex: Best Account Security For UAE Residents 

Bittrex offers the best account security technology for UAE residents. It has two-factor authentication and a multi-stage wallet approach. This feature ensures all funds are secure in cold storage. Bittrex has the best transaction fees. 

This exchange offers many useful features. It has Instant Buy & Sell to exchange Bitcoin and other assets with one click. Bittrex is available on iOS and Android devices. 


FAQ 

We review cryptocurrency exchanges with real accounts and money. The main criteria we use include safety and ease of use. 

What Is A Centralized Exchange? 

A centralized exchange is a private company that offers platforms to trade cryptocurrencies. These exchanges will request registration and identification, known as the Know Your Client rule. Some of the most popular centralized exchanges are Coinbase, Binance, and Kraken.

What Is A Decentralized Exchange?

 A decentralized exchange does not have a central point of control. It resembles a server, but it has each computer within the server spread out across the world. If one computer malfunctions, it does not affect the network. However, decentralized exchanges aren’t obliged to follow any rules of any regulatory body. If you opt for a decentralized exchange, you should consider the risks associated with it. Read our in-depth reviews to learn more about cryptocurrency exchanges and safety.

Summary 

eToro, Coinbase, Cash App, Binance, Kraken, CEX IO, and Bittrex are the best cryptocurrency exchanges in the UAE. eToro has the best overall offer, Coinbase has the best offer for UAE residents. Cash App is a good fit for new investors, as all its services are beginner-friendly. Binance offers access to many digital coins, while Bittrex has the best account security. 

Related: how to buy cryptocurrency in UAE, best cryptocurrency to invest in 2021


Methodology 

The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of online providers. User experience, the mobile experience, customer service, costs and fees, security, the quality of trade executions, the products available on their platforms are all part of our six-month evaluation of a providers’s platform. The rating scale was based on thousands of data points that have been weighted into the scoring system.

Providers were also required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online providers we reviewed.

Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Business24-7 maintains high editorial standards and provides the best advice and recommendations. The products and companies that we review may compensate us when you click on the links on this website. Click below to find out more about our review process and methodology.

Disclosure

All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

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