Arab Global Crypto Exchange AGCX Sets September 10 Launch with AED Support
A newly CMA-licensed UAE crypto exchange founded by Satish Gogia plans to open for trading on September 10, offering direct AED deposits and zero platform fees on crypto transfers.
Why it matters
The significance of this story is limited, as it rests on a single report from one crypto media outlet. If accurate, the launch adds a locally regulated venue for AED-to-crypto trading in the UAE, a market where users have historically relied on offshore exchanges with associated currency conversion costs and regulatory uncertainty.
Key facts
AGCX is a CMA-licensed virtual assets platform based in Abu Dhabi, UAE.
Reported by Brave New Coin
AGCX was founded by veteran capital markets executive Satish Gogia.
Reported by Brave New Coin
AGCX will open for trading on September 10, 2026.
Reported by Brave New Coin
Users will be able to deposit AED directly from UAE bank accounts.
Reported by Brave New Coin
The platform will support spot, futures, and options trading.
Reported by Brave New Coin
What happened
Arab Global Crypto Exchange (AGCX), a CMA-licensed virtual assets platform based in Abu Dhabi, will begin trading on September 10, 2026, according to Brave New Coin. The exchange was founded by veteran capital markets executive Satish Gogia and aims to simplify access to digital assets for UAE residents through direct AED bank transfers from UAE bank accounts. At launch, verified users will be able to complete digital KYC onboarding and trade spot, futures, and options across major digital assets via mobile and web platforms, with zero platform fees on crypto deposits and withdrawals. The launch positions AGCX as a locally regulated alternative to offshore exchanges that do not offer native AED support, though Brave New Coin is the only outlet covering this story.
How the story developed
- First report
First report by Brave New Coin
Arab Global Crypto Exchange (AGCX) to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers
- Update
Brave New Coin reports AGCX launch details and September 10 trading date
First and only report covering the exchange's founding, licensing, fee structure, and launch date.
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Brave New Coin Crypto media | Arab Global Crypto Exchange (AGCX) to Launch on September 10 with AED Support and Zero Platform Fees on Crypto Transfers | Original |