Dubai is taking a step forward to lead the Middle East in adoption and investment in the growing cryptocurrency ecosystem. Regulators lead the push towards acceptance of blockchain-based technologies and crypto as UAE targets to lead the region in financial services. Dubai has made massive strides in bolstering the use and adoption of blockchain and crypto in 2021 so far as wealth funds and institutions hop onto the ever-expanding crypto space.
The Dubai Airport Free Zone Authority signed an agreement with the Securities and Commodities Authority in May, pledging their support in regulation, offering, and trading of digital assets within the free zone. Additionally, the Dubai Financial Services Authority, or DFSA, updated its rulebook for crypto-assets as investment tokens following a consultation paper published in March supporting the same.
With regulators supporting blockchain and crypto investments in Dubai, there’s been a spike in the retail demand for crypto assets. Cryptocurrencies and initial coin offerings (ICOs) are causing a stir across the world’s media outlets and retail investors are rushing to make their own fortunes off the market. Nonetheless, finding a trusted crypto exchange that accepts AED dollars is a challenge for most potential investors in Dubai - with only a few exchanges offering the service.
One of these platforms is A to Z Globe, an over-the-counter (OTC) exchange store where you can buy and sell Bitcoin and any other crypto for cash in Dubai. Launched in 2015, A to Z Globe ranks as one of the earliest operating Bitcoin shops in the region allowing users to trade some of their favorite tokens including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Solana (SOL), Tether (USDT), Dogecoin (DOGE), Shiba (SHIB), Binance Coin (BNB), Polkadot (DOT), and other 2,000+ cryptocurrencies in a few clicks.
The goal of the platform is to offer a trusted, licensed, and low-cost platform for users to buy crypto with cash in Dubai. A to Z Globe focuses on service quality and providing a user-friendly platform to help investors “stay up with developments in the financial business”, a statement from the team reads. Apart from providing a cash onramp to crypto, users on A to Z Globe can also transfer, convert and sell their crypto to cash in Dubai for cash.
For most newcomers in the space, cryptocurrency markets can be a daunting task given the number of scams in the past few years. Having lived for six years, A to Z Globe has sufficient experience to ensure users’ funds remain safe, secure and the transactions are private to ensure premium customer satisfaction. Each transaction on the exchange is based on blockchain technology meaning the transactions cannot be reversed or tampered with by anyone but the trader.
The exchange also ensures investors are well protected from any hacks, theft, or manipulation of funds. A to Z Globe provides a safe platform to buy and sell cryptocurrencies as safely and reliably as possible.
The OTC service is available to anyone across the globe including US citizens. All you need to do is to submit your ID card to transact at the A to Z Globe offices in Dubai. The exchange accepts most of the top fiat currencies across the globe including USD, EUR, GBP, AED, and others.
The platform allows users to easily buy and sell crypto using cash by selecting the amount of crypto they wish, then contact the Dubai offices or visit them to complete the trade.