UAE-Based Arab Global Crypto Exchange Launches with Local AED Support and Zero Fees
Arab Global Crypto Exchange (AGCX) is set to launch on September 10, 2026, providing UAE residents and eligible users in supported jurisdictions with a locally regulated platform for accessing and trading virtual assets.
The exchange was founded by veteran capital markets executive Satish Gogia, who has over 40 years of experience in capital markets, commodities, and financial technology. AGCX operates under a license issued by the Capital Markets Authority (CMA) and offers a range of features aimed at simplifying access to digital assets for users in the UAE.
The platform allows users to deposit AED directly from UAE bank accounts, trade major digital assets, and make crypto deposits and withdrawals with zero AGCX platform fees. This move is designed to address the challenges faced by local users who often rely on offshore exchanges that do not offer native AED support.