Binance has introduced a fully regulated UAE dirham on- and off-ramp solution, integrating directly with Abu Dhabi Commercial Bank to allow users to move funds between traditional banking and digital assets.
AED deposits carry zero fees, with a minimum transfer of AED 10 and a maximum daily limit of AED 7.2 million; withdrawals are supported at what Binance describes as among the lowest rates in the market. Transactions are processed within the same business day entirely in AED, removing the need for foreign exchange conversions.
The service operates under the UAE's Client Money Account framework, providing regulated financial controls and enhanced safeguards for user funds. Binance said the launch targets both existing crypto users and new investors seeking regulated digital asset exposure, with simplified fiat access expected to lower barriers for first-time participants while improving efficiency for those operating across traditional and digital financial markets.
Gulf Economist Staff Writer