Dubai, UAE – October 2025: Global cryptocurrency exchange Crypto.com has unveiled a new service for its UAE customers, rolling out AED Cash Accounts that allow users to link bank accounts within minutes and begin trading without traditional onboarding delays.
The exchange, which is licensed and regulated in the UAE, announced the launch on social media platform X, highlighting its aim to streamline entry into digital asset trading for both retail and institutional investors.
Instant Verification and Zero Deposit Fees
One of the biggest pain points for crypto users has been the time-consuming verification process. With this launch, Crypto.com says customers can link their bank accounts without the need to manually upload documents. Instead, the exchange relies on automated verification systems to speed up the process.
In addition, deposits into the new AED accounts will be free of charge, removing barriers for first-time investors and offering an attractive alternative to traditional banking rails. By cutting out delays, Crypto.com is positioning itself as one of the most accessible entry points into crypto trading in the UAE.
Fast Transfers vs. Traditional Banking
Beyond onboarding, the exchange is also promoting near-instant transfers, allowing users to fund their accounts or access withdrawals with significantly less waiting time compared to bank transfers, which often take several days to clear.
For the UAE’s growing crypto community, this could be a game-changer. Instant funding not only makes active trading easier but also aligns with the fast-paced nature of the digital asset market, where seconds can determine profitability.
Expanding From Dubai to the World
This is not the first time Crypto.com has spotlighted the UAE as a growth hub. In August 2024, the exchange announced the expansion of its retail services to over 90 countries from its Dubai base. That global rollout was backed by a partnership with Standard Chartered Bank, enabling smooth deposits and withdrawals across both crypto and fiat currencies.
The latest AED Cash Account service builds on that momentum, signalling the company’s commitment to positioning Dubai as its springboard for international growth.
Strategic Partnerships in the UAE
Crypto.com has also been building a strong footprint in the UAE through high-profile partnerships. The exchange has signed agreements with Emarat Energy, the Dubai Land Department, and even Emirates Airlines to allow payments in cryptocurrency.
These moves reflect Dubai’s vision of becoming a global digital economy hub, where crypto is not just for trading but is also embedded in everyday life — from real estate transactions to travel.
By expanding both its trading infrastructure and real-world use cases, Crypto.com is pushing to become a key player in the region’s financial and lifestyle sectors.
Leadership and Localisation
Earlier this year, the exchange reinforced its commitment to the UAE by appointing Mohammed Al Hakim, a UAE national, as president of its operations in the country. His appointment was seen as a move to strengthen local expertise, governance, and diversity within the company’s regional strategy.
With Al Hakim at the helm, Crypto.com has been aligning itself with the UAE’s regulatory frameworks while also tailoring its services to the needs of both Emirati and expatriate communities.
Rising Competition Among Exchanges
Crypto.com’s latest offering comes as competition among crypto exchanges in the UAE heats up. Several players are working to secure market share by introducing services that bridge traditional banking with crypto.
For example, RAK Bank recently partnered with BitPanda to embed crypto trading within the bank’s own digital platforms. These types of alliances signal a new phase in the UAE’s financial ecosystem, where crypto exchanges and banks are increasingly interconnected.
Against this backdrop, Crypto.com’s instant AED account access could provide a competitive edge by delivering speed, convenience, and user trust.
A Market on the Move
The UAE continues to attract global crypto exchanges thanks to its progressive regulatory environment and its drive to lead in digital finance. With Crypto.com now offering near-instant AED funding, the barrier to entry for crypto investing has never been lower.
For investors, both large and small, the message is clear: the UAE is becoming one of the fastest, easiest, and most reliable places in the world to enter the digital asset market.
