InvestmentLIV DIGITAL BANK BY EMIRATES NBD
Liv Gold Account
Held in: XAU (gold)
Minimum: 0.001 XAU, about AED 15
No monthly fee
- Holding Currency
- USD
- Age Range
- 21 and over
- Account Fee
- None
Liv Crypto Account
A US dollar investment account for buying, selling and holding cryptocurrency in the Liv app, executed by a VARA-regulated partner. No fees to hold.
Opened from inside the Liv app. You need a Liv Primary Account first.
Staff code
KREDIT
Liv asks for this on the Contact details screen when you open your account.
The Liv Crypto Account is a US dollar investment account with no maintenance fee and no minimum balance. Buying, selling and holding of crypto is delivered in partnership with Aquanow ME FZE, regulated by Dubai's Virtual Assets Regulatory Authority under licence VL/24/01/001.
The account pays no interest. Returns come entirely from the assets held, and crypto assets are not covered by the arrangements that protect a bank deposit. For money that needs to be there later, the Goal Account is the other end of the spectrum.
Benefits
Liv X Mobile App
Buy, sell and hold crypto without a separate exchange account
The account is opened and traded in the Liv X app alongside your other Liv accounts, so there is no third-party exchange to fund or withdraw from separately.
VARA-Regulated Partner
Aquanow ME FZE, licensed by VARA under VL/24/01/001
Liv provides the account; the crypto service is delivered in partnership with Aquanow, which is regulated by Dubai's Virtual Assets Regulatory Authority.
No Account Fee Or Minimum
No account maintenance fee and no minimum balance
The account itself is free. Trading is charged separately as a commission on the trade, not as an account fee.
Fees
The banking wrapper carries no account fee, but that says nothing about the cost of a trade. Trading is charged as a commission on the trade itself, and Liv runs periodic campaigns that move it, so the figure that matters is the one shown at the point of trade rather than the account terms.
The account is denominated in US dollars. Funding it from a dirham balance converts, and withdrawing converts again. The dirham is pegged to the dollar, so this is not exchange-rate risk in the ordinary sense, but conversion is not necessarily free and it happens on the way in and the way out.
Free
Account fee
Free, with no minimum balance required.
Eligibility
Crypto cannot be your entry point to Liv. The account is opened from inside an existing Liv relationship, so the Liv Primary Account comes first and brings its own monthly fee conditions with it. Anyone opening a Liv account solely to reach this one should price that account's terms in before treating the crypto account as free to hold.
21
Minimum Age
UAE resident or national
Residency
Aged 21 or over
Higher than the 18 that applies to Liv's cash and metal accounts.
An existing Liv account
Opened online from inside the app; no extra documents are needed.
How to open
How to open a Liv Crypto Account
1.Open the Liv X app on your existing Liv account.
2.Go to wealth and choose crypto.
3.Complete the questions to open the USD investment account.
4.Fund it, then buy the assets you want.
Documents
Good to know
Withdrawal restrictions
This account has the strictest withdrawal rules of any Liv account. There are no ATM withdrawals and no outward US dollar transfers at all, including to another bank or to another Liv, Emirates NBD or Emirates Islamic account. Money moves in, and the way out is back through the route it came. Anyone planning to use this as a dollar account for other purposes should read that clause before opening.
Frequently asked questions
Get answers to common questions about the Liv Crypto Account
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