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UAE: ArabianChain launches new digital asset exchange
(MENAFN) A new digital asset exchange has been introduced by Dubai-based blockchain start-up ArabianChain, aiming to present investors with opportunities to purchase, sell and trade a range of cryptocurrencies online.
Users to be capable through Palmex to deposit and trade coins that include among others Bitcoin, DubaiCoin, Ripple, Ethereum, ArabianChain's, along with further coins to be potentially included.
It was also confirmed that even though users are to be charged to deposit, withdraw and trade with "low competitive fees", they won't be charged for registration.
ArabianChain founder and CEO Mohammed Alsehli stated "the demand to trade and issue digital assets has grown exponentially with the phenomenal surge in valuation of cryptocurrencies like Bitcoin and the rapid evolution of blockchain technology. The regional market is ripe and hungry for a user-friendly platform that makes it possible for them to buy and sell in a secure environment."
Users to be capable through Palmex to deposit and trade coins that include among others Bitcoin, DubaiCoin, Ripple, Ethereum, ArabianChain's, along with further coins to be potentially included.
It was also confirmed that even though users are to be charged to deposit, withdraw and trade with "low competitive fees", they won't be charged for registration.
ArabianChain founder and CEO Mohammed Alsehli stated "the demand to trade and issue digital assets has grown exponentially with the phenomenal surge in valuation of cryptocurrencies like Bitcoin and the rapid evolution of blockchain technology. The regional market is ripe and hungry for a user-friendly platform that makes it possible for them to buy and sell in a secure environment."
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