Dubai Cryptocurrency Exchange | Get Instant Cash for Crypto

  Introduction UAE is fast becoming a global center for innovation as well as technology, and cryptocurrency in Dubai is hardly an exception. And a question that many traders and investors have asked: Are cryptocurrencies legal in the UAE? Yes is the short answer — the government has moved to regulate and support digital assets, and Dubai is now one of the most crypto-friendly jurisdictions in the world. In this article, we will discuss how integration of blockchain software development with Web 3.0 can lead to various business sectors and how it can be a game-changer to decentralize governance practice through a programable economy. The Legal Status of Bitcoin in the UAE UAE- legal but regulated The use of cryptocurrency is legal in the UAE, but the same is regulated under the regulatory frameworks established by the Dubai Virtual Assets Regulatory Authority (VARA) and its other financial authorities. The strategy is to keep the area as a safe destination for investors and allow t...

Introduction Bitcoin is the most well-known cryptocurrency on the planet, and it has seen its market value surge in recent years as it becomes more and more widely adopted among and other everyday users. Dubai’s crypto adoption has been strong due to the city’s progressive regulation and the place being known as a financial centre in the world. However, while owning Bitcoin is profitable, there's also a downside: at some point, you might want to withdraw Bitcoin profits into cold hard cash — for personal use, for your business, or to book a nice vacation to spend your gains. The hard part is finding a reliable crypto exchange in Dubai that will give you the best value, instant transactions and transparent service. In this post, I will show you how to convert your Bitcoins into cash in Dubai, the easiest way possible and without any dealer KYC (where checks are not necessary to convert your BTC to cash in Dubai), without fees, and anonymously. The Reasons to Pull Back Out Withdrawin...

Introduction Dubai has seen tremendous surge in the adoption of cryptocurrency in recent years. Dubai is fast becoming a global hotbed for crypt members and traders from all over the world. But as open to play as it is, these same themes keep coming up: High exchange fees, secret fees that lead to more fees and extensive KYC procedures. For both traders and investors, these are losses and they erode profits and the pace of trading. So, if you find yourself in that situation, and you are thinking “Where can I get myself a commission-free Dubai cryptocurrency exchange?” — That would be 01K Exchange , a place dedicated to transparency, speed, and liberation. The Limitations with Legacy Crypto Exchanges in Dubai For the most part, centralized crypto exchanges in Dubai are certainly eye-catching at a first glance, but they usually have a catch: High Commissions: There are additional costs for each buy / sell order that will eat into your profit. Back Stabbing Fees: You’ll notice deductions ...