Bybit rolls out AED trading pairs
( Dubai-based crypto exchange Bybit introduced AED-denominated trading pairs, allowing users in the UAE to buy and sell major digital assets directly using AED balances, according to a press release (pdf). The move means users funding their accounts through UAE bank transfers can trade without first converting into another currency.
The platform now supports four AED spot pairs — USDT/AED, BTC/AED, ETH/AED, and SOL/AED. Once AED funds are deposited via local bank transfer, the balance can be used immediately to trade these assets on the exchange. In practice, that means users can move money from a domestic bank account onto an exchange and begin trading without routing funds through multiple currencies or external payment channels.