Bybit Launches AED Trading Pairs to Enable Direct Crypto Trading

Bybit has launched AED trading pairs, allowing UAE users to trade cryptocurrencies directly with AED balances, simplifying the trading process significantly.

Bybit , one of the world's second-largest cryptocurrency exchanges by trading volume, has just launched AED trading pairs, enabling users in the UAE to trade directly using their AED balances. This development simplifies the trading process significantly, allowing eligible users to engage with supported digital assets without the need to convert funds into another currency first. What Are the Newly Launched AED Trading Pairs? Starting today, Bybit users can trade with the following AED pairs: USDT/AED , BTC/AED , ETH/AED , and SOL/AED . These trading pairs are accessible for users who deposit through local UAE bank accounts, thus enhancing access to the digital asset market. Why Did Bybit Introduce AED Trading Pairs? The recent launch reflects a growing trend within the cryptocurrency industry towards integrating local currencies into digital asset platforms. By enabling direct trading in AED, Bybit aims to reduce the friction typically associated with currency conversions. This aligns closely with the needs and preferences of users residing in the UAE. How Will This Impact Trading Experience? The introduction of AED trading pairs will allow users to use their deposited AED funds instantly for trading on Bybit. Derek Dai, Regional Head of MENA at Bybit, emphasized that providing AED services holds significance beyond just improving user experience. “As 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,” he stated. What Does This Mean for Users? The AED trading pairs will be supported by local bank transfer functionality, which makes it easier for eligible users to fund their accounts directly from domestic banks. This move bridges traditional banking with digital assets, enhancing the overall trading experience. Moreover, Bybit's decision to launch these pairs underscores the UAE's robust regulatory framework for digital assets, making it