How to Buy Bitcoin and Crypto with Emirates NBD
The easiest and fastest way to buy Cryptocurrencies like Bitcoin with Emirates NBD is through Rain. Emirates NBD Bank customers can deposit funds to Rain via a variety of payment methods including Bank Transfer, Debit Card, Credit Card, Easy Deposit, Fawri, Fawri+, and more.
Follow this simple guide to get started.
- Open a free account on Rain with your e-mail address and finish the verification process.
- Deposit funds with Emirates NBD via one of the available payment methods.
- Select Bitcoin as the token you wish to buy, input the amount of AED you want to invest, and tap 'Buy'.
Emirates NBD Cryptocurrency Policy
It is important to note that Emirates NBD does not directly support the buying and selling of Cryptocurrencies directly through its online platform or physical branches. However, the bank does allow its customers to invest in Crypto through regulated and licensed digital asset exchanges like Rain. It is strictly advised to only use Rain as there are no other platforms that are properly regulated in the UAE.
Is it expensive to invest in Cryptocurrencies?
It can be expensive to invest in digital assets depending on the exchange you use. Most platforms will charge multiple sets of costs including deposit, withdrawal, and trading fees. In saying that, Rain is one of the only exchanges globally that do not charge any fees to trade or deposit funds. There is only a withdrawal fee, which is set at $15 per transaction.
About Emirates NBD Bank
Emirates NBD is a leading financial institution based in Dubai, United Arab Emirates. It was formed in 2007 through the merger of Emirates Bank and National Bank of Dubai, and has since grown to become one of the largest banks in the region, with a presence in several countries including Egypt, India, Saudi Arabia, and the UK. It offers a wide range of banking products and services to individuals and businesses, including personal banking, corporate banking, Islamic banking, wealth management, and investment banking.
The bank has received several awards and recognitions for its performance and services, including being named the Best Bank in the UAE by Euromoney in 2021. The bank also has a strong commitment to corporate social responsibility and sustainability and has launched several initiatives in these areas, such as its "Together Limitless" program, which aims to support people of determination in the UAE. Emirates NBD is a well-established and reputable financial institution that offers a wide range of innovative banking products and services.
The most reliable and trusted way for Emirates NBD customers to buy, sell, and store Cryptocurrencies like Bitcoin is by going through Rain - the Abu Dhabi Global Markets licensed digital asset exchange. It offers a simple registration process, advanced security features, and competitively low fees.