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Buy Tether (USDT) in UAE

Buy Tether (USDT) in UAE

Adrian Graham
Fact Checked
Jan 24, 2023

Summary: The best way to buy Tether USDT in Dubai (the United Arab Emirates) is through an Abu Dhabi Global Markets (ADGM) licensed cryptocurrency exchange in the country. With this method, investors can deposit United Arab Emirates Dirham (AED) or USD to buy USDT, other stablecoins and digital assets.

Our top pick for investors in the UAE is Rain.com - a platform that is based in Bahrain and has received all licensing in the country to provide crypto brokerage services. Their platform offers the ability to buy USDT with AED and over 70 other cryptocurrencies with low fees.

Table of Contents

Best Crypto Platform in Dubai for USDT

Platform Highlights

  • Fast and cheap AED deposits to buy Tether (USDT) with 0% fees.
  • Trusted and Regulated trading platform in the United Arab Emirates and the Middle East.
  • Trade over 70 other cryptocurrencies including other stablecoins.
Rain.com - Tether (USDT)
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Audited Proof of Reserves
Audited Proof of Reserves

Is Tether (USDT) Legal in Dubai?

Yes, USDT is legal in Dubai and the UAE. The local regulatory body – Abu Dhabi Global Market (ADGM) – has officially approved Tether as a legitimate asset class, alongside other digital assets like BTC and ETH, for trading purposes in the country. That said, investors can buy, sell and trade stablecoins like USDT without any restrictions or worries about breaking the law.

How to Buy USDT in UAE

As outline above, the best way to buy Tether (USDT) in the United Arab Emirates is with a trusted and regulated broker in the country. We recommend Rain.com because they are licensed in the UAE and throughout the Middle East to offer Tether and other cryptocurrency trading services. Their platform offers fast AED deposits, low trading fees and an OTC service for institutional investors.

You can get started in 4 simple steps with this guide:

  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 'Tether (USDT)' on their platform to make a purchase.
  4. Input the AED amount you want to buy and execute your trade.
Buy USDT in Dubai
Buy USDT in Dubai with fast AED deposits.

What is Tether (USDT)?

Tether (USDT) is a stablecoin that is pegged to the US dollar and is the most widely used on cryptocurrency exchanges. USDT tokens are backed by real US dollars held in reserve, meaning investors can trust that their value won’t fluctuate like other digital assets. It also has fast transfer speeds and low fees, making it an ideal choice for investors who need a reliable way to store their money.

Out of all the available stablecoins, Tether is by far the most popular and has become the go-to digital asset in Dubai and throughout the Middle East. There are several exchanges that offer USDT trading pairs with cryptocurrencies, fiat currencies (like AED) and other stablecoins.

Buying USDT with Credit/Debit Card in UAE

Rain.com offers investors the opportunity to buy Tether (USDT) with their debit or credit cards. This is a great way for those who want to purchase USDT quickly and easily, as it requires minimal setup time and effort. The platform also supports AED deposits, so investors don’t have to worry about converting their currency.

Crdit Card USDT
Deposit with a Credit Card.

Final Thoughts

In summary, Tether (USDT) is legal and available for purchase in Dubai and other parts of the UAE. Investors can use a trusted exchange like Rain.com that offers AED deposits, low fees and fast transaction speeds. With this method, investors can safely buy USDT and store it securely in their own wallets.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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