UAE’s Liv Bank has announced its entrance into the crypto industry, sparkling rivalries with regulated exchanges in the country. According to the bank, users in the country can trade on the Liv app for as low as 0.5%.
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 May and June 2025.
Users will be able to trade crypto assets such as Bitcoin, Ethereum, Solana, Cardano, Ripple, and others. The bank has mentioned that it is providing users with the best ways to trade digital assets without the technicalities like seed phrase and wallets. “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,” the bank said.
UAE digital bank Liv announces plan to launch crypto trading
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, the bank mentioned that it was planning to introduce innovative products to its user base. It also said 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.