Crypto.com, a UAE-regulated crypto exchange, has announced the launch of AED Cash Accounts for users in the United Arab Emirates, significantly streamlining the process of funding crypto trading.
Streamlined Onboarding and Fast Transfers
The new service allows both retail and institutional investors in the UAE to quickly link their bank accounts with the exchange in minutes, using automated verification and eliminating the need for manual document uploads. A key feature of the rollout is the elimination of deposit fees.
This offering is designed to make market entry faster by ensuring almost instant access to funds, which provides a competitive edge over traditional bank transfers that can take days to clear.
Expanding Presence and Partnerships in the UAE
This launch builds on Crypto.com’s deepening commitment to the UAE market. Earlier announcements include:
- In August 2024, the exchange announced the launch of its global retail services from Dubai across 90 countries.
- A partnership with Standard Chartered Bank was established to facilitate easier deposits and withdrawals of both crypto and fiat.
- The exchange has signed deals with major entities like Emarat Energy, Dubai Land Department, and Emirates Airlines to enable customers to make crypto payments using its services, signaling an effort to integrate crypto into everyday transactions.
- To spearhead its regional growth and diversity efforts, the company appointed Mohammed Al Hakim, a UAE national, as the president of its UAE operation earlier this year.
Crypto.com’s aggressive expansion in the UAE, mirroring its efforts in the USA, is intensifying the competition among crypto exchanges in the region. Exchanges are increasingly offering unique services and striking partnerships, such as the deal between RAK Bank and Bitpanda, to embed crypto trading rails within banking services.
October 2025, Cryptoniteuae
