Bybit, one of the worldโs second-largest cryptocurrency exchanges by trading volume,ย has announced the launch ofย AED trading pairs, allowing users to trade supported digital assets directly usingย AED balances deposited via local UAE bank accounts.
The new offering enables eligible users to trade in AED directly without first converting funds into another currency, simplifying access to digital asset markets through a more localized and seamless experience. With this update, AED balances deposited through UAE bank transfers can be used instantly for trading on Bybit.
At launch, the following AED trading pairs will be available:
- USDT/AED
- BTC/AED
- ETH/AED
- SOL/AED
Restrictions and eligibility requirements apply. To exploreย AED spot trading on Bybit, users may visit theย Bybit official website
Local Currency Support, Global Access
The introduction of AED trading pairs reflects a broader industry trend toward integrating local currencies into digital asset platforms. By enabling direct trading in AED, the platform reduces friction associated with currency conversions and aligns more closely with the needs of users in the UAE.
This development also supports the growing demand for regulated, transparent, and locally integrated financial infrastructure, as digital assets continue to mature as part of the global financial ecosystem.
Bridging Traditional Banking and Digital Assets
Bybitโs AED trading pairs are supported by local UAE bank transfer functionality. The new and compliant on-ramp channel will allow eligible users to fund their accounts directly from domestic bank accounts. Once credited, AED balances can be used immediately to trade supported spot pairs, improving efficiency and accessibility.
The integration of local banking rails with digital asset trading reflects the ongoing convergence between traditional financial systems and digital finance, particularly in markets with clear regulatory frameworks and strong financial infrastructure.ย
โBeing able to offer AED service to our local users carries significance beyond an improvement in user experience,โ saidย Derek Dai, Regional Head of MENA at Bybit. โAs regional demand for digital asset services grows, local currency on-ramp, off-ramp, and trading play an increasingly important role in supporting responsible market participation. We will continue to expand our products and services within the orbit of compliance here in the UAE.โ
Boasting one of the most sophisticated and comprehensive digital asset regulatory frameworks in the world, the UAE is a leader in crypto adoption both regionally and globally. The launch of AED trading pairs is part of Bybitโs continued efforts to broaden market access and enhance user experience through localized offerings.ย
To help users get started, Bybit providesย a dedicated guideย explaining how to deposit AED through local UAE banks. For users looking to understand how AED Spot trading works step by step, aย detailed guideย is available on Bybit. Terms and conditions apply. For details of eligibility and restrictions, users may refer to the Bybit official website.
