By Sabina Muradova
On Dec 08, 2020
Bitcoin is getting more and more acceptance in Dubai / UAE. For this reason, both residents and tourists are often looking for places to buy Bitcoin in Dubai. An over-the-counter exchange Coinsfera, which has made a reputation over the years, assists you to buy bitcoin in Dubai in the most effortless way. Buying the leading cryptocurrency quickly and securely is a simple process as long as you choose the right path for you.
Legal issues about Bitcoin have always been the main topic on social media. People who want to buy or sell Bitcoin in Dubai need to know about legitimacy. The following facts will elaborate on this:
We can conclude that there are not any direct laws to prohibit Bitcoin exchange.
Dubai, the largest city in the UAE, has many cryptocurrency enthusiasts that search for ways to buy Bitcoin. Each one chooses a different method based on ease of operation and, most importantly, previous experience. Here are the ways you can buy Bitcoin in Dubai:
If we take into account the high transaction fees and technical problems of ATMs and the scam problems of online exchanges, OTC is the most preferred and most convenient method. Without the KYC problem, you can easily purchase large amounts of Bitcoins with cash.
Dubai is rich with vendors, which sell and buy Bitcoin. Finding a reliable one is always a headache for many beginners. Coinsfera is an exchange that allows people to buy Bitcoin in Dubai, UAE with cash or credit card. With Coinsfera, you can have Bitcoin (BTC) within a few minutes.
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