Is Bitcoin allowed in Dubai?

In a move to make it easier for people in Dubai to buy Bitcoin and other cryptocurrencies, Coinsfera has announced that they are now providing these services. This means that people can buy BTC in Dubai or any other cryptocurrency including Ethereum, USDT, and USDC with cash from any of the Coinsfera OTC exchanges. Buying cryptocurrencies is becoming increasingly popular, and this move by Coinsfera makes it easier for people in Dubai to get involved.

Coinsfera has been in the business of digital payments for a while now and they have always been at the forefront of introducing new technologies to the world. Their main focus is on providing digital payment services that are convenient and efficient for everyone. Recently, they came up with some innovative new projects that will change the way people view blockchain technology. Some of these projects include offering real estate purchases with cryptocurrency, purchase of expensive and luxury watches through cryptocurrency, and an over-the-counter trading desk. Each of these projects is aimed at making it easier for people to use cryptocurrencies as a form of payment.

Sell Tether in Dubai (BTC) is the leading cryptocurrency on the market, with a market cap of $1.1 trillion. It has been available in the UAE since 2014, and its popularity increases daily. The Securities and Commodities Authority (SCA) monitors Bitcoin’s activity and regulation in the UAE. Buying, selling and holding Bitcoin in the UAE is legal.

This article discusses how to buy Bitcoin in UAE step by step through a regulated crypto exchange or broker.

eToro: Best Overall Broker To Buy Bitcoin In UAE

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You can buy Bitcoin in UAE with eToro for as little as $10 minimum trade requirement. AED deposits will cost you 0.5% on all supported payments including Paypal and you will need to deposit a minimum amount of $200 to open an account. eToro charges a competitive 0.75% spread fee on all Bitcoin trades.

You can open a trading account at eToro online or via the iOS and Android mobile app – both options offer a great user experience. Once your account is up and running, you will be able to buy Bitcoin instantly with your UAE credit or debit card.

AVA Trade: Best Broker to Buy Bitcoin as CFD’s

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AVAtrade is the best crypto broker to buy Bitcoin through CFD’s. They provide several online trading platforms and an advanced copy trading features for cryptocurrency trading. Deposits and withdrawals are free of charge. The minimum deposit is $100. There are fees for inactivity and overnight financing.