Cryptocurrency market is digital assets trading and many traders are getting attracted towards the market. In the article we’ll be focusing on the top five platforms for crypto trading in UAE.
Traders can analyse the platforms and understand which one is best for them. They can make efficient trades and enjoy their trading journey with supportive trading features and platforms. So, let’s dive into further details.
Top Platforms for Crypto Trading
Trading in cryptos is to buy, sell and store the digital assets. There are various market service providers that offer such services for profitable trading. They can store using the wallet facility of the trading platform, have research and other tools that support traders.
Here, are the top platforms of UAE that traders can trust:
Binance
Binance is the largest cryptocurrency exchange in the financial market. The exchange is famous for its high trading volume and liquidity. Traders can trade in more than 500 cryptocurrencies over 180 countries globally.
The exchange trades in more than $10 billion daily in the market. In UAE, it offers the lowest trading fees with top notch services and features. Besides, traders can have a secure trading environment.
At Binance the spot trading fees start as low as 0.1% and the crypto exchange does not charge any deposit fees. The traders with less cash availability in UAE can find Binance as a good option.
The pros of the exchange are:
- Supports more than 500 cryptos
- Does not have any deposit fee
- Low trading and withdrawal fees on bank transfers
- Advanced trading tools
- Excellent customer support
BitOasis
BitOasis is the best cryptocurrency exchange. It is a top-notch option for UAE traders for digital asset trading. The exchange was established in 2015 and it has been a pioneer in cryptocurrency.
It is often recognised as the first cryptocurrency exchange in the MENA region. The number of satisfied users of the exchange are many. Its advanced platforms provide trades with competitive fees, and advanced traders of the platform pay an average trading fees of 0.5% against AED.
The crypto exchange is best known for the following services:
- Highly reputed and trusted platform
- Supports more than 40 cryptocurrencies
- Accepts debit and credit card payments
- Well-designed and intuitive cryptocurrency exchange
- Provides mobile wallet
eToro
eToro is the top cryptocurrency exchange in UAE for the beginners of the market. The cryptocurrency exchange makes it easier for traders to buy and sell the assets online.
Established in 2007, eToro operates as both an online broker and cryptocurrency exchange. It has simple trading features, intuitive trading dashboard, and excellent copy trading services.
The exchange is also the world’s largest social trading community. Thus, a great option for beginners. The features of the platform include:
- Integrated hot e-wallet
- Excellent copy and social trading
- Easy buy and sell options
- Demo account
- Low minimum deposit of $200
Coinbase
Coinbase is said to be the best choice for beginners of the market. Novice traders in UAE can select the platform for easy and successful trading. It has advanced trading tools for the experienced traders of the market as well.
The exchange is accessible over 100 countries and supports 100 cryptocurrencies globally. Traders can buy and sell easily online and also have a wallet facility to store the digital coins.
The features of the crypto exchange are:
- Safe and secure cryptocurrency exchange
- More than 100 cryptos to trade
- Trading limits and liquidity options
- Easy to use and intuitive user-interface
- Offers mobile wallet
OKX
OKX is the best low fees cryptocurrency trading platform. Established in 2014, the exchange is the biggest derivative exchange which offers clients with crypto spot, futures, options, and derivatives trading.
The exchange has an in-built NFT marketplace and provides access to the biggest brands. The fees of the exchange ranges from 0.1% (taker fee) and 0.08% (maker fee).
It is the cheapest crypto exchange in the UAE. Traders can enjoy over 600 digital assets and 200 BTC pairs and many trading features for favourable training. The features of platform include:
- 600+ digital assets
- Lowest trading fees
- Deep liquidity levels
- Passive income options
- NFT trading
- Advanced trading features
Conclusion
The article lists the top five cryptocurrency trading platforms in UAE. Traders can trust the platforms for easy and successful trading. They can access a range of assets, trading tools, mobile wallets and other facilities.
Thus, trading is made simple with the best of market services and trading charges. Binance, BitOasis, eToro, Coinbase and OKX are good choice for UAE traders for efficient trading.