AGCX Launches on September 10 with AED Support, Zero Fees
Arab Global Crypto Exchange (AGCX), a UAE-licensed digital asset exchange, will launch on September 10, 2026. The platform aims to simplify AED-to-crypto transactions for users in the UAE and eligible jurisdictions.
Users can deposit AED directly from UAE bank accounts, trade major digital assets, and make crypto deposits and withdrawals with zero AGCX platform fees. This move addresses a long-standing challenge for regional users who often rely on offshore exchanges without native AED support, resulting in additional currency conversion costs and foreign regulatory considerations.
AGCX operates under a license issued by the Capital Markets Authority (CMA) and adheres to applicable UAE anti-money laundering (AML) and counter-terrorist financing (CTF) requirements. The platform offers spot, futures, and options trading across major digital asset pairs, direct AED deposits from UAE bank accounts, regulator-compliant crypto deposits and withdrawals, and zero AGCX platform fees on crypto transfers.
Founder Satish Gogia emphasized the importance of simplifying AED-to-crypto transactions for users in the UAE. 'The UAE has done a lot to build a clear and progressive framework for digital assets,' he said. 'What we saw was an opportunity to make the experience simpler for people here.'