Buy Bitcoin in United Arab Emirates

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

You'll need a Bitcoin wallet before you buy since some exchanges require one.

Don't have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.

  • Popular Exchanges to Buy Bitcoin in United Arab Emirates
  • eToro
    • Supports Bitcoin, Ethereum & 15 other coins
    • Start trading fast; high limits
    • Your capital is at risk.

    We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

  • Rain
    • Exchange for Saudi Arabi, Oman, Kuwait, Bahrin, UAE
    • Rain is based in Middle East
    • High buying limits

CoinmamaCoinmama Buy Bitcoin Read Review

Coinmama allows customers in almost every country to buy bitcoin. They charge a 4.9%-5.9% (depends on volume) fee on each purchase.

Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee.

Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.

We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing terms.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
Ease of Use
Easy
Privacy
Low
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
High
Buy Bitcoin Read Review

eToroeToro Buy Bitcoin Read Review

eToro is a trading platform and crypto exchange. It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins.

Deposits can be made quickly via bank transfer, SEPA, NETELLER, PayPal and more. It also offers unique features like copy trading.

Your capital is at risk. We do not promote, endorse, or earn commissions from the trading of securities of any kind, including CFDs, however, eToro requires that we provide you with the following disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

We may receive compensation when you use eToro. Please visit eToro for its exact pricing terms.

Pros
  • Offers unique copy trading feature
  • Trusted echange that has been active in traditional finance
  • Interface is clean and easy to use
Cons
  • You cannot deposit cryptocurrency, but you can deposit with other payment methods
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin Read Review

RainRain Buy Bitcoin

Rain is a crypto exchange focused on serving UAE, Saudi Arabia, Bahrain, Oman and Kuwait. They offer 24/7 support and meet all CCSS requirements as a crypto custodian and is licensed by the Central Bank of Bahrain as a Crypto Asset Brokerage.

This is an ad. We may receive compensation when you use Rain. Please visit Rain for its exact pricing terms.

Pros
  • Middle East Exchange based in Bahrain
  • Low fees
  • 24/7 customer support
  • Licensed by Central Bank of Bahrain
Cons
  • Brokerage only - order book coming soon
Ease of Use
Easy
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

KrakenKraken Buy Bitcoin Read Review

Founded mid-2011, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume. It is available in almost all countries. Deposits can be made via bank wire, SEPA, ACH and SWIFT.

Pros
  • Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume
  • Very low maker fee, falling to 0% with sufficient trading volume
  • Highly-rated for security and data protection
Cons
  • Requires ID verification, so not private
Ease of Use
Hard
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin Read Review

LocalBitcoinsLocalBitcoins Buy Bitcoin Read Review

LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer.

Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States, Europe (besides Germany), UK, Singapore, Canada, Australia and many more.

We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms.

Pros
  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • Beware of scams; always follow the rules!
  • Harder to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy
Ease of Use
Hard
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
Average
Buy Bitcoin Read Review

BitOasisBitOasis Buy Bitcoin

BitOasis is a Bitcoin platform serving the Middle East. Customers can buy bitcoin via bank transfer or cash deposit in the United Arab Emirates, Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain. UAE clients may also deposit funds via exchange houses.

Pros
  • One of the best way to buy bitcoins in the countries it services
  • Multi-sig security measures
  • Low 0.5% flat fee on all orders
  • Verification not required for amounts below $500 per week
Cons
  • Above $500 per week limit, not private since identity verification is required
Ease of Use
Hard
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

Bitcoin ATMsBitcoin ATMs Buy Bitcoin

You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.

Pros
  • Our map makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
Buy Bitcoin

Mycelium Local TraderMycelium Local Trader Buy Bitcoin

Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in-person and conduct the trade. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly-populated areas, users in low population areas will have trouble finding sellers.

Pros
  • Easy and cheap way to buy bitcoins with cash
  • Private way to buy bitcoins, no personal information required beyond cellphone number
Cons
  • Users in sparsely populated areas will have trouble finding sellers
Ease of Use
Average
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
Buy Bitcoin

How to Buy Bitcoin in the United Arab Emirates

The United Arab Emirates doesn't recognize Bitcoin as a legal form of tender, but it's not banned either. While the UAE warns against it, buying and selling Bitcoin is pretty easy there.

If you want to buy Bitcoin from an exchange local to the United Arab Emirates, BitOasis is one of the largest exchanges in the Middle East. Based in Dubai, BitOasis supports many of the largest cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

They're one of the best exchanges to choose if you live in a country they service, thanks to their low fees.

But before you buy Bitcoin or any other cryptocurrency for that matter, it's crucial to have a secure form of storage. Investing in Bitcoin is no joke, nor is securing your investment.

If you live in the United Arab Emirates, go with a trusted hardware wallet like the Ledger Nano S or the Trezor. Cold storage hardware wallets are the best way to protect your coins.

Many Bitcoin exchanges offer built-in wallets, but they're centralized and as a consequence, vulnerable to theft.

Once you have your wallet situation squared away, you're good to go. Choose your exchange, verify your identity, add your payment method, and buy Bitcoin.

Bitcoin Mining in the United Arab Emirates

Mining Bitcoin in the United Arab Emirates is not the best idea if you want to acquire Bitcoin - this is especially the case if you're expecting to turn a profit, which is next to impossible.

Bitcoin mining has come a long way from its golden age when nearly anyone could mine profitably. Now, only large mining farms in companies with cheap electricity are left.

The United Arab Emirates isn't incredibly high on the charts in terms of energy costs, but their certainly not low, either.

On average, UAE citizens pay roughly 0.296 Dirham per kWh ($0.08), which is lower than the prices in the United States and Canada.

But countries like China, India, and even Georgia have an edge, where electricity costs are $0.05 or less per kWh.

Even in countries with electricity and the best Bitcoin mining hardware, it's challenging to turn a profit. You'd be lucky to make your money back after the startup cost if you make a profit at all.

If you don't believe me, you can check your project profitability with our Bitcoin mining profitability calculator tool by clicking that link.

Bitcoin's block difficulty is continuously increasing, and with the current price of Bitcoin, it doesn't look like Bitcoin mining is profitable for the average person. Although, the Bitcoin halving might change that soon.

Either way, if you're a resident of the United Arab Emirates and you want Bitcoin, leave mining to the pros. Instead, choose one of the exchanges above, and buy it directly from there.