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Is it possible to use AED to directly purchase cryptocurrencies on popular exchanges?

avatarEmery SomervilleDec 26, 2021 · 3 years ago3 answers

I am wondering if it is possible to use AED (United Arab Emirates Dirham) to directly purchase cryptocurrencies on popular exchanges. Can I convert my AED into cryptocurrencies without having to go through a fiat-to-crypto exchange?

Is it possible to use AED to directly purchase cryptocurrencies on popular exchanges?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to use AED to directly purchase cryptocurrencies on popular exchanges. Many exchanges offer AED trading pairs, allowing you to buy cryptocurrencies using AED. You can simply deposit your AED into the exchange and then use it to buy the cryptocurrencies of your choice. Just make sure to check if the exchange you are using supports AED trading pairs before proceeding.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! You can use AED to buy cryptocurrencies on popular exchanges. It's as simple as depositing your AED into the exchange and then using it to purchase the cryptocurrencies you want. Just keep in mind that not all exchanges support AED trading pairs, so make sure to choose an exchange that does.
  • avatarDec 26, 2021 · 3 years ago
    Yes, it is possible to use AED to directly purchase cryptocurrencies on popular exchanges. For example, at BYDFi, you can convert your AED into cryptocurrencies without the need for a fiat-to-crypto exchange. BYDFi offers AED trading pairs, allowing you to buy cryptocurrencies directly with AED. It's a convenient and straightforward process that eliminates the hassle of going through multiple exchanges.