Now that you have an idea of what Bitcoin is, let’s get back to our main agenda – how you can acquire this cryptocurrency while in Dubai, UAE and the greater Middle East. There are many options, but we will take you through the most accessible routes. There are three main exchanges you can use to purchase Bitcoin in the Middle East. These are:
Note: Remember that each of these exchanges has their Pros and Cons, which we will look at, so weigh your options depending on your needs.
Regal Assets is a prominent precious metals custodian and dealer that is well known among investors for its customer service and state of the art security. Investors can invest in Alternative Assets like cryptocurrency & precious metals which are stored in ultra-secure offshore vaults located in a crypto-friendly jurisdiction. Regal is insured by the Lloyd’s of London.
Regal Assets is the world’s first government licensed and insured cryptoasset investment company in Dubai and the surrounding Saudi Arabian peninsula.
Within Regal Assets, they have two main programs for investing in Alternative Assets. The Regal IRA gives investors access to invest in precious metals such as Gold, Silver, Platinum and Palladium in large quantities along with cryptoassets. Regal Cryptos is available for international investors to safely invest in alternative assets with cash such as Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP), Ethereum (ETH), Ethereum Classic (ETC), Stellar Lumens (XLM) and privacy cryptoassets Monero (XMR), Zcash (ZEC) and Dash.
Currently, they are the only company in the world to offer an Alternative Assets IRA with both precious metals and cryptocurrency (Regal IRA). Together these combine to make the company a great resource for those who want a balanced portfolio and diversification within their Alternative Investment.
Since this platform offers a unique way to purchase Bitcoin, it boasts many benefits for investors. One of the most striking things about Regal Assets is the cold storage and offline wallet that they offer. When you purchase Bitcoin and other cryptocurrencies, your private keys are stored in a cold wallet securely located away from any natural disaster, emergency or government confiscation.
The company is responsible for safe keeping including transportation and vault security. Regal works directly with the government of Dubai and the Dubai Multi Commodities Centre (DMCC).
Investing in Bitcoin with the company is simple.
Step 1: Create an account. Visit the company’s official website and sign up, ensuring that you fill out all of your details correctly. There are three steps in the account creation: (1) Account holder information, (2) Birth information, and (3) Source of funds.
Step 2: Once you are given access, fill out the provided form, and your account will be reviewed and set up within 24 hours.
Step 3: The next step is to fund your account, which is a simple process.
Step 4: Once complete, the job is on the company’s side to process and deliver your investment. They will load your account and proceed to put the funds in cold storage for the utmost security.
Step 5: At any time, feel free to call your personal company representative for updates on your account.
Summary: Remember to always do your due diligence as an investor, however, it seems that Regal Assets has developed a virtually flawless platform for long-term Bitcoin investments. Regal Cryptos is available for international investors to safely invest in alternative assets with cash such as Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM), and privacy cryptoassets, Monero (XMR), Zcash (ZEC) and Dash among others. Through the Regal IRA, investors have the power to invest in cryptoassets and precious metals including Gold, Silver, Platinum and Palladium.