Today's Edition
ABU DHABI (ALETIHAD)
eToro, the trading and investing platform, announced that it has enabled crypto deposits in the UAE. This milestone makes eToro one of the few trading and investing platforms in the country to allow users to transfer in cryptoassets from other exchanges, brokers or blockchain wallets, a statement by eToro said.
eToro said that UAE-based users who convert their crypto deposits to US dollars will receive 1% back in UAE-listed stocks, which will be added to their trading portfolios. The company said the new feature is enabled through the eToro Crypto Wallet, allowing users to transfer Bitcoin, Ethereum, XRP, USDC, Chainlink, Aave, Uniswap, Polygon and Fetch.ai from external platforms before converting them.
Doron Rosenblum, EVP, Business Solutions at eToro, said that the launch “gives investors in the UAE greater flexibility in how they manage their digital assets,” adding that many younger investors “are now looking for simple, seamless ways to diversify into other asset classes.”
The company said eligible users who opt into the programme can redeem 1% of their chosen ADX- or DFM-listed stock, worth up to $1,000 per month, during the promotional period running from November 24, 2025, to 31 March 2026. A list of available stocks will be provided once a month, the statement added.
George Naddaf, Managing Director of eToro MENA, said the platform is “one of the few in the UAE and globally to enable crypto deposits,” and that linking crypto holdings with local stock rewards gives investors “more ways to connect their crypto investments to opportunities in the local market – especially as our retail investor survey shows that over 90% of UAE-based investors are confident in the long-term performance of local companies – as well as global markets.”
eToro (ME) Limited is licensed and regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market and offers custody, arranging and asset-management activities under its Financial Services Permission.
