Can I Buy Bitcoin with Emirates NBD?

Yes, Emirates NBD customers can buy cryptocurrencies such as Bitcoin, Ethereum, Solana, and Tether (USDT). Although Emirates NBD doesn’t directly handle crypto transactions, you can transfer AED or USD from your account to a licensed UAE cryptocurrency exchange regulated by the Abu Dhabi Global Market (ADGM). 

How to Buy Crypto with Emirates NBD

Emirates NBD account holders can easily buy Bitcoin and other cryptocurrencies by using a licensed and secure platform. For UAE residents, Rain stands out as a top choice, fully regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA). Rain offers deep liquidity on over 70 crypto assets, making it a reliable option.

Here’s a step-by-step guide to using Rain with your Emirates NBD account:

1. Create an Account: Register on Rain and complete the required identity verification to secure your account.
2. Deposit AED: Navigate to the deposit section, select AED as your currency, and choose a bank or card transfer to fund your account instantly.
3. Select a Crypto Asset: Use Rain’s intuitive interface to search for the crypto asset you wish to buy, such as Bitcoin.
4. Execute the Trade: Enter the amount in AED and confirm the purchase to complete your transaction.

What are the Fees?

For Emirates NBD customers looking to enter the crypto market, understanding deposit, withdrawal, and trading fees is critical. Here’s a breakdown of fees on Rain:

• Deposits: AED deposits from Emirates NBD accounts via bank transfer are free. Credit and debit card deposits may incur a nominal fee based on card provider terms.
• Withdrawals: AED withdrawals back to Emirates NBD accounts are also fee-free through bank transfers. International withdrawals may have additional charges depending on currency and destination.
• Trading: Rain’s trading structure is lean, with no commission fees and spreads averaging 0.2% per trade.

Rain offers a cost-efficient trading environment compared to exchanges like Coinbase, where transaction fees can exceed 2%.

Emirates NBD Cryptocurrency Policy

Emirates NBD enables customers to invest in cryptocurrency through exchanges regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA) and other trusted global regulators. This setup supports secure AED transfers from Emirates NBD accounts to compliant exchanges, helping to lower risks such as fraud and money laundering.

By choosing FSRA-regulated exchanges, Emirates NBD customers gain access to a secure, compliant environment for crypto investments. This level of protection is especially valuable for those new to cryptocurrency.

About Emirates NBD

Emirates NBD, one of the Middle East’s largest banks, serves over 17 million customers across 13 countries. Founded in Dubai, it provides a wide range of financial services including personal, corporate, investment, and Islamic banking. 

Through its ENBD X app, customers access banking, wealth management, and personalized offers. With assets around AED 698 billion, Emirates NBD plays a central role in the region’s financial industry.

Bottom Line

Emirates NBD enables secure cryptocurrency investments by connecting accounts to regulated exchanges like Rain under ADGM oversight.

With straightforward steps for deposits, trades, and withdrawals, users can confidently invest in crypto, benefiting from clear fees and robust regulatory protections. This setup makes crypto accessible to new and experienced investors looking to access digital assets in Dubai & the UAE.