BNB Trading Goes Live on Top UAE Bank RAKBANK

Explore key highlights within the AI & Blockchain house. This article dives into: “BNB Trading Goes Live on Top UAE Bank RAKBANK”.

BNB, the fifth greatest crypto intently related to Binance, is now formally reside for buying and selling on RAKBANK’s cell banking app.

Binance founder Changpeng Zhao (CZ) confirmed in the present day that BNB buying and selling is now reside on RAKBANK’s crypto platform. The replace surfaced when Arabian Web3 YouTuber Ghazi posted the information on X, which CZ later retweeted to his thousands and thousands of followers.

This makes RAKBANK the primary conventional financial institution within the UAE the place retail prospects can commerce BNB instantly from their native financial institution accounts.

– Advertisement –

First UAE Bank to Offer Crypto Trading

RAKBANK, formally referred to as the National Bank of Ras Al Khaimah, grew to become the UAE’s first typical financial institution to launch crypto buying and selling in late July. At launch, the financial institution revealed assist for eight cryptocurrencies, together with BNB. However, buying and selling for sure belongings, resembling BNB, was not instantly enabled.

The service is built-in into the RAKBANK cell app, permitting customers to purchase, promote, and swap digital belongings instantly from their UAE dirham accounts. Customers can keep away from transferring funds to exterior exchanges and sidestep international alternate conversion charges.

$BNB is now tradable on RAKBANK in UAE.

— CZ BNB (@cz_binance) August 22, 2025

Partnership With Bitpanda

The new buying and selling perform is powered by Austrian fintech Bitpanda. Transactions are executed by way of Bitpanda Broker MENA DMCC, a Dubai-based entity licensed by the Virtual Assets Regulatory Authority (VARA).

Bitpanda additionally presents custody for buyer belongings, guaranteeing safe and controlled administration of digital holdings.

At launch, RAKBANK CEO Raheel Ahmed acknowledged that the service displays the financial institution’s dedication to safe, easy, and controlled entry to the cryptocurrency market.

Bitpanda deputy CEO Lukas Enzersdorfer-Konrad described the partnership as a milestone for the Middle East. He famous that Bitpanda already works with a number of European banks, together with Deutsche Bank and N26. This, he added, makes RAKBANK’s transfer a transparent signal of rising international momentum in regulated crypto providers.

Limited Rollout Phase

Currently, RAKBANK’s crypto service stays obtainable on an invitation-only foundation. A full rollout to all retail shoppers is within the coming months because the financial institution screens demand and buyer suggestions.

BNB Price Action

The activation of BNB buying and selling comes shortly after the token reached a brand new all-time excessive of $882.59 earlier this week. As of the newest replace, BNB trades at round $875, giving it a market capitalization of $122 billion. This cements its place because the fifth-largest cryptocurrency globally.

DisClamier: This content material is informational and shouldn’t be thought-about monetary recommendation. The views expressed on this article might embody the creator’s private opinions and don’t replicate The Crypto Basic opinion. Readers are inspired to do thorough analysis earlier than making any funding choices. The Crypto Basic is just not liable for any monetary losses.

You Might Also Like

Dive into professional insights within the Regulations ecosystem. This article explains: “BNB Trading Goes Live on Top UAE Bank RAKBANK”.

• Bitcoin market information & on-chain developments
• Altcoin picks, value strikes & ecosystem updates
• DeFi improvements, protocols & yield methods
• NFT & Web3 tasks remodeling digital possession
• Airdrop & Bounty campaigns to assert and earn
• Mining & Staking guides, rewards & profitability ideas
• Exchanges & Wallets evaluations & security measures
• Security & Scams to keep away from in crypto investing
• Price Analysis for smarter choices and insights
• AI & Blockchain merging intelligence with decentralization
• CBDCs & Stablecoins from banks and blockchain tasks
• Crypto Regulations and authorized frameworks shaping the business
• Trading & Signals with methods and alerts
• Events & Conferences worldwide within the crypto house

Explore Our Crypto Network

• Explore BlockTrend for professional takes on blockchain developments & developments
• Visit SFBNEWS for information and auto-fed crypto headlines
• Check i-News for contemporary international crypto headlines & breaking tales
• Claim & earn with trusted drops on i-Coin — your faucet & incomes hub
• Learn crypto the sensible manner on i-VIP — sensible tutorials, guides & ideas for freshmen

[ad_3]

Content Reference

This article is tailored from thecryptobasic.com. We’ve restructured and rewritten the content material for a broader viewers with improved readability and search engine optimization formatting.

Continue Your Crypto Journey

Visit CryptoCoil for expert-written guides.

CryptoCoil Sitemap

Visit our sitemap web page to view CryptoCoil Sitemap — fast entry to all our content material.