What is Bitcoin?
Bitcoin is digital money and a peer-to-peer payment network. It works without any central authority or middleman.
Behind the scenes, the Bitcoin network maintains a public ledger known as the blockchain. This ledger holds every transaction processed on the network, and nobody owns the Bitcoin network.
How to buy Bitcoin in the UAE
In the Crypto.com App, the basic steps are:
- Sign up and verify your identity.
- Top up your account.
- Head to the trading screen, select Bitcoin and complete the transaction.
Trading is subject to account verification and eligibility.
Ways to fund a Bitcoin purchase
You can fund your account in the App by bank transfer in AED, SWIFT transfer in USD, debit or credit card (Visa or Mastercard), Apple Pay, Google Pay, or by depositing crypto from another wallet. Bank transfers in AED and crypto deposits are free on Crypto.com, although other charges may apply to crypto deposits.
If you deposit crypto, check the App's Transfer Menu for supported assets and chains. Deposits made through unsupported chains cannot be credited or refunded.
Bitcoin minimum amount and fee conditions
You can start with as little as 10 AED, which means you can buy a small fraction of Bitcoin rather than a whole coin.
Through Level Up, zero trading fees are available up to the transaction limit specified per Level Up tier. Other transaction fees and spread may apply. The Level Up benefits mentioned depend on your level in the Level Up programme. Do check the specific conditions and benefits for each level. Participating in Level Up does not guarantee access to all services or benefits. Services and potential benefits remain subject to local jurisdictional requirements, availability, and terms and conditions, among other things. All benefits, offers, and rewards conferred by Crypto.com, including but not limited to CRO Rewards, are subject to change at Crypto.com's sole discretion. See Level Up for details.