9 Ways Buy Bitcoin & Crypto in Dubai
HOW TO BUY BITCOIN IN UAE?
In the Middle East, particularly in Dubai, there has been considerable demand for Bitcoin. Bitcoins can be purchased via companies known as exchanges. If you live in Dubai, you have access to a variety of Bitcoin exchanges.
BUYING BITCOINS THROUGH BITOASIS
BitOasis is a Middle Eastern digital currency wallet and exchange service that allows you to purchase, sell and secure bitcoins. It is considered the best way to buy Bitcoin in UAE. BitOasis states that their wallets are protected by multi-signature authentication, which makes it a safe environment to store bitcoins.
You can find out the current price of 1 bitcoin on BitOasis’ webpage at any given time. First though, a voucher is required to acquire Bitcoins from BitOasis. You must create a new BitOasis account in order to do so.
man holding bitcoin
Investing in Bitcoin is easy in the UAE
Step 1 – Sign up or Login to your account:
You can follow the basic steps to sign up for a BitOasis account, providing them with any details that are necessary for the process. After you have completed the signup process, you should attempt to log in to your account.
Whilst logging in, BitOasis will send you an email asking you to confirm your login details. Enable Two Factor Authentication and choose a secure password. Treat it like a bank account because you’ll be putting money in it.
After you’ve logged in, you’ll see a screen with the title Wallet Dashboard.
Before you begin the fund transfer process, make sure your bank account information is entered into BitOasis. Your bank of choice will need to be approved by BitOasis. This is done to ensure that specific bank regulations are followed. Your bank account will be shown under the Settings menu once it has been approved.
Step 2 – Select Amount
To purchase bitcoin, go to the Sell USDT in Dubai link on the left and follow the instructions:
Fill in the amount of your voucher; choose the mode of transfer; don’t forget to enter your User ID in the bank reference number section. The funds must be transferred from a UAE bank account in your name.
Step 3 – Transfer Funds from Bank
At this point, you must connect to your online banking account and make the necessary financial transfers. It’s important to remember that the amount of money transmitted must match the amount of money transferred.