is a legitimate cryptocurrency launched in 2016, but it is not an official government-backed currency , and its name has been used in several major phishing scams. The "DubaiCoin" Scam Warning
Buy a stablecoin like USDT on a regulated exchange (e.g., Bitget or Binance ). buy dubaicoin
The actual DBIX token was created by a private startup called Arabian Chain Technology. is a legitimate cryptocurrency launched in 2016, but
If you still wish to purchase the actual DBIX token, it is generally not available on major centralized exchanges like Binance . To buy it safely: If you still wish to purchase the actual
Fake websites (like dub-pay.com ) often use the name to trick investors into "exchanging" money for tokens that never arrive. How to Buy Legitimate DubaiCoin (DBIX)
Connect your wallet to a Decentralized Exchange (DEX) that supports DBIX (such as HitBTC or a compatible swap protocol) and exchange your USDT for DBIX. Crypto Regulation in Dubai (2026) DubaiCoin Price | DBIX Crypto Coin Value - Investing.com
In May 2021, a viral "official" press release claimed Dubai was launching its own digital currency called DubaiCoin. This was by the Dubai government, which confirmed that the city has no official cryptocurrency and that the website promoting it was an elaborate phishing campaign designed to steal personal data.