Buy Crypto with Emirates NBD Bank

How to Buy Crypto with Emirates NBD

As mentioned above, the easiest way to buy Bitcoin, Ethereum, Solana and other crypto assets in the UAE with Emirates NBD is with the Rain.com exchange. Their platform allows users to connect their Emirates NBD online banking account (personal, private, business, Islamic & corporate) to invest in over 100 cryptos with zero fees.

You can get started with the simple guide below:

1. Sign up to the Rain.com platform and verify your personal or company details.
2. Deposit AED or an other currency via Bank Transfer, Debit Card or Credit Card.
3. Find the cryptocurrency you want to buy on their platform.
4. Input the AED amount you want to buy and execute your trade.

‍

Is Emirates NBD Crypto Friendly?

Emirates NBD is a crypto-friendly bank in the UAE that allows its customers to invest in digital assets through licensed exchanges. The bank has also been working with the UAE’s regulators to develop a framework for regulating cryptocurrencies, which is expected to be finalised by the end of 2022.

‍

About Emirates NBD

Emirates NBD is a leading banking group in the United Arab Emirates (UAE). It was established in 1963 as the National Bank of Dubai (NBD), before merging with Emirates Bank International (EBI) in 2007 to form Emirates NBD. The bank is headquartered in Dubai and has a presence in 19 countries across the globe. As of October 2022, the bank's total assets were AED 561.3 billion (US$ 153.6 billion).

In addition to its retail and corporate banking businesses, Emirates NBD is also active in the areas of investment banking, asset management, private banking, and Islamic banking. The bank has a subsidiary in Saudi Arabia and representative offices in India, China, and the United Kingdom.

Emirates NBD is majority-owned by the Government of Dubai (with a 60% stake) and is listed on the Dubai Financial Market (DFM). The remaining 40% stake in the bank is held by a consortium of regional and international institutional investors.

Final Thoughts

Buying Bitcoin, Ethereum and other cryptocurrencies in the UAE with Emirates NBD is a safe and easy process. All you need to do is open an account on Rain.com and connect your Emirates NBD online banking account to start buying crypto instantly. The platform has low fees, customer support available 24/7, and hundreds of coins and tokens to choose from.