In the heart of the financial revolution sweeping the United Arab Emirates, a new development emerges: Rakbank has signed an exclusive partnership with Bitpanda, providing retail clients with access to secure and regulated cryptocurrency trading.
A leap forward for the local market, increasingly focused on innovation and transparency in the world of digital assets.
The Rakbank–Bitpanda Experience: Security and Simplicity for Crypto Trading
The strategic collaboration allows Rakbank users to buy and sell regulated cryptocurrencies directly through the bank’s official app.
This removes the obstacles often associated with using external platforms and protects customers from risks related to non-certified operators. The beginning of a new standard in digital financial intermediation.
Thanks to the Austrian technology of Bitpanda and the solidity of Rakbank, the integrated platform offers:
- Cryptocurrency trading with transparent costs, among the most competitive in the local market
- Digital portfolio management through a single banking login
- Guarantee of compliance with United Arab Emirates regulations, safeguarding every transaction
- Security strengthened by years of banking experience and certified digital infrastructures
The United Arab Emirates confirm themselves among the most advanced markets in the world for the regulation of cryptocurrencies.
According to official analyses by the Abu Dhabi Global Market (ADGM) and data from Chainalysis, the region has seen double-digit growth in crypto investments over the past twelve months.
In particular, between July 2023 and June 2024, the Emirates received over 30 billion dollars in crypto transactions, placing them among the top 40 geographies worldwide by volume.
The openness to collaborations between local banks and international fintech is an integral part of the national strategy for financial innovation.
Through the Rakbank–Bitpanda synergy, customers can perform crypto operations without moving funds to third-party services. The trading, deposit, and storage functions integrate directly into daily banking services, ensuring privacy and traceability.
Bitpanda offers its technological infrastructure aligned with the directives of the Central Bank of the United Arab Emirates, revamping the concept of financial security for the retail public.
Direct Trading: How to Manage the Crypto Portfolio from the Bank Account
The procedure to access crypto services is immediate:
- Login via online banking or Rakbank app
- Access to the section dedicated to “Asset Digitali”
- Choice of asset among the available cryptocurrencies, all regulated and selected
- Instant outcome, currencies credited or converted in real-time, with a transparent overview of costs
No cumbersome procedure, no transition to unknown platforms – just simplicity and control.
The new crypto platform offers:
- Intuitive interface perfect for both beginners and experienced investors
- Advanced portfolio management tools and real-time performance monitoring
- Protection from volatility with limit order and intelligent alerts
- Maximum attention to cybersecurity and data protection, in compliance with the most up-to-date regulations
The Rakbank and Bitpanda model is based on total confidentiality and operational continuity, fundamental aspects for the growth of local investors’ trust.
The integrated crypto marketplace offers the main regulated currencies such as Bitcoin, Ethereum, and a selection of approved altcoins, all complying with the standards set by the United Arab Emirates regulation.
The offering will progressively expand following the evolution of the local regulatory framework. (Coin Edition 2025)
A New Model for Emirati Retail Finance
The Rakbank–Bitpanda partnership is not limited to a simple service: it represents a systemic shift in the management and access to digital assets for the retail public.
The model combines the history and reliability of the local bank with the most advanced digital innovations, offering investors a regulated, secure, and easily accessible solution.
Note: For official data and regulatory details on this initiative, refer to the releases by Rakbank and Bitpanda, the statements from the Central Bank of the United Arab Emirates, as well as the reports published by Abu Dhabi Global Market and Chainalysis (2024).