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Cryptopolitan 2025-04-10 10:30:39

UAE Digital Bank Liv commences competition with UAE Crypto Exchanges

Liv Bank, the first digital bank in the UAE, and a subsidiary of Emirates NBD on its website, has openly showcased their entrance into the crypto era competing with already regulated UAE crypto exchanges. Calling themselves, as a trusted partner to invest in crypto, UAE Liv Bank, explains how users in the UAE can trade securely with the Liv app for fees as low as 0.5% with guided modules and the security that Emirates NBD Bank brings. To launch their new offering, Liv Bank is giving one entry into each of the draws for every trade placed with an order value of $50 or more. As they noted, “The more the trades, the better your chances to win!,” offering prizes of 100,000 AED in the months of May and June 2025. Users will be able to trade crypto assets such as Bitcoin, Ethereum, Solana, Cardano, Ripple and others. Liv bank is offering a simple easy way to trade crypto with no need for complicated digital wallets, and seed phrases. As they note, “With Liv, you can begin with small denominations, learning and growing as you go through guided modules that are designed to help you make informed decisions.” All users have to do is sign up or log in to the Liv X app, Click on the Wealth tab then simply click Apply on the Crypto tile, and fill out the requested details, and submit. Then users can start accessing all their crypto investments. This is the foray of the banking sector into the crypto trading and investment sector, something that previously had been dominated by crypto exchanges. LIV Bank announced that it would offer crypto trading in March 2025 UAE Liv digital bank announced the launch of their cryptocurrency offering within its mobile banking app Liv X allowing users to buy sell custody and trade cryptocurrencies in partnership with Aquanow, a UAE regulated crypto asset exchange and Zodia Custody also regulated in the UAE. At the time Liv digital bank noted that it was committed to introducing innovative products to its customers and this new cryptocurrency offering, with crypto infrastructure operated by Aquanow and custody services performed by Zodia Custody, will give users an intuitive experience that is straightforward and efficient to use. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

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