Ranked in 1 of 16 countries · Broker / app
CoinMENA Review (October 2026): Fees, Licences and Where It Works
By Vahe Hakobyan No affiliate links
- Taker fee— Not verified
- Maker fee— Not verified
- Coins64
- CustodyCustodial
- Founded— Not verified
- HeadquartersManama, Bahrain
Our verdict
CoinMENA is a Gulf crypto broker. The Central Bank of Bahrain licenses it as a category-3 crypto-asset provider, and VARA licenses CoinMENA FZE as a broker-dealer in Dubai. It sells 64+ assets through market and limit orders, and customers fund accounts in eight regional currencies, AED and SAR among them.
Pros
- Licensed in Bahrain and Dubai
- Bank funding in eight regional currencies
- Spot and limit orders
Cons
- Limited asset list
- No derivatives
Where CoinMENA works
| Country | Status | Rank | Local licence |
|---|---|---|---|
| United Arab Emirates | Available | #10 of 18 | VARA VASP licence (CoinMENA FZE: broker-dealer services); also CBB (Bahrain) category-3 crypto-asset licence |
How secure is CoinMENA?
- Proof of reserves
- — Not verified
- Custody
- Custodial
Crypto held on a platform is generally not covered by deposit insurance.
CoinMENA FAQ
Where is CoinMENA available?
Among the countries we cover it accepts residents of United Arab Emirates.
Is CoinMENA regulated?
United Arab Emirates: VARA VASP licence (CoinMENA FZE: broker-dealer services); also CBB (Bahrain) category-3 crypto-asset licence.
Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.