Crypto.com Introduces AED Fiat Wallet for UAE Users
Simple, Fast, and Zero-Fee AED Deposits for Crypto Purchases
Key Takeaways
UAE users can now deposit and withdraw AED directly into their Crypto.com accounts.
Deposits from UAE bank accounts are fee-free.
The new AED Fiat Wallet is supported by Standard Chartered.
Easy setup via the Crypto.com app streamlines funding for crypto purchases.
Fast and Fee-Free AED Deposits Now Live
Crypto.com has officially launched the AED Fiat Wallet, making it simpler than ever for users in the UAE to fund their crypto accounts. With this new feature, users can deposit and withdraw UAE Dirhams (AED) directly within the app. Deposits made from UAE-based bank accounts are fee-free, offering a seamless and cost-effective way to buy and sell cryptocurrencies.
This initiative is backed by Standard Chartered, a trusted international banking partner, ensuring secure and reliable transactions for UAE users.
Easy Setup Process
Setting up the AED Fiat Wallet is quick and user-friendly. Here's how to get started:
From the home screen of the Crypto.com app, tap:
Deposit → Fiat → Set Up New Currency → UAE Dirhams
Use the displayed bank details to initiate a transfer from your UAE bank account.
This streamlined process ensures that UAE users can quickly access funds to make crypto purchases and manage withdrawals efficiently.
A Major Step for UAE Crypto Adoption
The introduction of the AED Fiat Wallet marks a significant milestone for Crypto.com’s commitment to expanding its services in the Middle East. By eliminating deposit fees and simplifying the funding process, Crypto.com aims to make crypto trading more accessible and appealing to users in the UAE.
Conclusion
With the launch of the AED Fiat Wallet, Crypto.com continues to enhance its user experience by providing efficient, secure, and fee-free options for crypto trading. UAE users can now enjoy a smoother entry into the crypto market, supported by reliable banking infrastructure.
Source: Crypto.com Blog
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Disclaimer
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