Top 3 cryptocurrency exchanges in UAE
When the Bitcoin network was launched in 2009, the cryptocurrency evolved into a multi-billion dollar industry, in this article we will take a look at top 3 cryptocurrency exchanges in UAE. With over 12,000 exchanges, where cryptocurrencies like NEE, Bitcoin, Ether, USDex and countless other cryptocurrencies are traded, according to cybersecurity firm Carbon Black, the cryptocurrency market is huge, weighing more than US $127 billion since January 10, 2019.
Today, cryptocurrencies are present in almost every country around the world, including the United Arab Emirates (UAE).
The demand for cryptocurrency transactions is increasing, especially in middle-eastern countries such as the United Arab Emirates (UAE), so there are many new exchanges to cater for buying and selling needs. We will list 3 cryptocurrency exchanges in UAE as 3 prominent names in the United Arab Emirates market.
Table of contents
NEEX – Popular Cryptocurrency Exchanges in UAE
NEEX is a leading P2P exchange in Asia and is considered to be a trading place for USDex and other cryptocurrencies such as NEE, Bitcoin, Ripple, Etherium, Paya and so on. It’s a place where we can use the currencies of each country to buy and sell cryptocurrencies easily and quickly with a simple and optimal interface.
With the aim of providing the market with an intermediary trading solution, the nation’s currencies will be replaced by USDex.
THE Peer-to-peer P2P platform is transparent for a free trading community and provides tools, confidentiality, and absolute safety for users.
NEEX is built by highly specialized teams with experience working in professional banking systems and in building systems of finance, payment, cryptocurrencies, and software applications.
Currently, NEEX is available in many countries such as the UAE, India, Korea, Japan, The Philippines, Vietnam, Cambodia, Malaysian, Indonesia, Taiwan, and is being developed and expanded every day.
Bitex UAE
Bitex is a cryptocurrency trading platform and multi-signature wallet service.
Bitex UAE is a secure platform that facilitates the purchase and sale of cryptocurrencies such as NEE, Bitcoin, Ethereum, USDex and Ripple. Founded in July 2018, Bitex UAE meets the growing demand in the UAE for secure cryptocurrency wallets and exchanges, with the goal of growing into the Middle East market. Users can create their own wallet and securely store their assets with multi-signature wallet service. Professional traders have the option to use an advanced trading platform or newbies can use the buy / sell function right away.
Palmex
Palmex is one of the first digital asset exchanges based in MENA (Middle East and North Africa). The professional platform makes it easy for users to safely buy, sell and trade cryptocurrencies and some altcoins. One of these cryptocurrencies is DubaiCoin (DBIX), the first decentralized cryptocurrency from MENA.
The Palmex trading platform is friendly and easy to understand, and offers an intuitive experience with advanced trading tools and charts. It is suitable for both beginners and experienced users from MENA area.
Related:
Why Should Businesses Accept Money 4.0 Now?
