Advertisement

UAE ADCB bank and Binance offer fiat crypto on and off ramping at zero fees

UAE ADCB bank and Binance offer fiat crypto on and off ramping at zero fees

Abu Dhabi Commercial Bank (ADBC) has fully integrated its banking services with crypto exchange Binance, allowing clients of Binance in UAE to on and off ramp AED fiat with crypto in a simple regulated cost effective manner at zero fees.

As per the announcement, through the direct integration into the UAE banking system through Abu Dhabi Commercial Bank, Binance users can deposit AED into their accounts with zero fees (minimum 10 AED and maximum 7,200,000 AED per day) and withdraw funds at some of the lowest costs in the market (minimum 11 AED and maximum 7,200,000 AED per day).


Transactions are processed seamlessly, within the same business day, and conducted entirely in AED, removing the friction of foreign exchange conversions and unnecessary intermediaries.


This launch serves not only Binance’s existing user base, but also a growing segment of new users in the UAE seeking regulated access to digital assets as part of a diversified portfolio strategy. By making AED transfers simpler, faster, and more cost-effi cient, Binance is reducing the barriers to entry for fi rst-time crypto participants while enhancing the experience for existing users operating across both fi at and digital asset markets.


Tarik Erk, Binance’s Head of MENAT and Senior Executive Offi cer Abu Dhabi, commented, “At its core, this is about trust meeting usability. For a long time, access to crypto required compromise, whether on cost, speed, or confidence. What we are introducing today changes that equation entirely. Users in the UAE can now move their money from their bank to crypto and back in a way that feels natural, regulated, and efficient. This is what real adoption looks like when infrastructure catches up with ambition.”


By combining zero fee deposits, minimal withdrawal costs, direct bank integration, and a regulated framework, Binance is setting a new benchmark for how users in the region engage with digital assets.


Advertisement

Subscribe To Our Newsletter

Stay updated with the latest crypto news, blockchain insights, and market analysis. Get exclusive content delivered straight to your inbox.

By subscribing, you agree to our Privacy Policy and consent to receive updates.