How To Buy

General Eligibility Criteria

Age Requirement

You must be 18 years or older to trade crypto in Dubai.

Identity Verification (KYC – Know Your Customer)

To comply with Dubai Virtual Asset Regulatory Authority (VARA) guidelines, all crypto platforms require users to complete KYC verification, which includes:

Emirates ID (for UAE residents) or Passport (for non-residents).
Selfie Verification (Live photo for identity confirmation).
Proof of Address (Utility bill, tenancy contract, or Emirates ID).

No Anonymous Trading – Dubai-based platforms must follow strict AML (Anti-Money Laundering) and CTF (Counter-Terrorist Financing) regulations.

Residency & Country Restrictions

Who Can Trade?

UAE Residents: Can trade using local banks and payment methods.
Non-Residents & Expats: Can trade if they provide valid passport details and a verified funding source.
Tourists & Visitors: May face restrictions if they don’t have a UAE-verified payment method.

Who Cannot Trade?

Users from sanctioned countries or those restricted by Dubai’s compliance regulations.
Users without proper KYC verification.

Financial & Payment Requirements

Accepted Payment Methods

Most Dubai-based crypto platforms support:
Bank Transfers (ADCB, Emirates NBD, Mashreq, etc.)
Credit/Debit Cards (Visa, Mastercard)
UAE Dirham (AED) deposits via P2P trading
Crypto Deposits (BTC, USDT, ETH)
Third-party payment providers like PayPal or Apple Pay (varies by platform)

Note: Some international banks may restrict crypto-related transactions, so it’s best to use UAE-based banking services.

Compliance with Dubai’s Crypto Regulations

Regulated by Dubai VARA

Dubai’s Virtual Asset Regulatory Authority (VARA) ensures crypto platforms operate transparently. Your funds are safer when using a platform licensed under VARA.

Taxation on Crypto Trading

Dubai does not impose personal income tax on crypto trading, making it an attractive location for traders. However, businesses dealing in crypto may be subject to corporate tax (from 2024 onwards).