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Sell Bitcoin in Dubai Is Now Available at SBID

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Dubai, United Arab Emirates–(Newsfile Corp. – November 11, 2022) – SBID launched the service to sell Bitcoin in Dubai for cash in order to meet the increasing demand by crypto enthusiasts in the UAE. As the tradable crypto assets are getting recognized in Dubai, SBID improves work performance to satisfy the needs of crypto lovers.

As the demand for cryptocurrencies by startups grows, SBID searches for ways to broaden its cryptocurrency and blockchain solutions in Dubai. One of the goals of SBID in Dubai, the UAE’s capital, is to make digital currencies available to every crypto lover. As a result, SBID tries to do its best to provide customers in Dubai with first-class cryptocurrency services.

Dedicated team to assist crypto lovers

The dedicated team assigned by the SBID management to deal with cryptocurrency transactions in the office. According to SBID, they are in the progress of making crypto-related matters simple for customers with the help of professional and hardworking team members. The professional team is on line 7/24, answering all the questions asked by the customers. Besides that, the office is equipped with the latest types of equipment to facilitate the service and increase productivity even more.

The variety of payment solutions makes life easier for crypto enthusiasts at SBID. As per the website, customers can sell Bitcoin in Dubai for cash within a few minutes. They mentioned that customers can get AED (United Arab Emirates Dirham), EUR (Euro), USD (United States Dollar), and some other fiat currencies. This service ensures customers from any other country can easily buy and sell Bitcoin in Dubai for cash.

Instructions to sell Bitcoin in Dubai for cash

On the website of the SBID, it is mentioned that anyone can sell BTC in Dubai for cash after completing the 3 steps. Here are the 3 steps visitors should do to sell bitcoin in Dubai:

1. Visit the office of SBID in Dubai with ID or passport

2. Find the market price of Bitcoin and calculate how much you want to sell

3. Get fiat currency after selling bitcoin in AED, USD, and EUR

In the SBID Dubai office, not only locals but also foreigners can sell Bitcoin in Dubai fast. Citizens of different countries can also visit the office with their passports to sell bitcoin in Dubai in a few minutes.

About SBID

SBID (Sell Bitcoin in Dubai) is an OTC crypto shop where visitors can easily buy and sell crypto with cash in Dubai, the United Arab Emirates. The shop enables locals and foreigners to sell bitcoin in Dubai for cash in just 3 simple steps. SBID allows crypto enthusiasts to buy and sell +1000 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and stablecoins such as USDT (tether) in Dubai at their office.

Company Name: SBID

Address: Office 10040 10th Floor, Exchange Tower, Business Bay – Dubai – United Arab Emirates

Phone: +971585666767

Email: [email protected]

Contact Person: Khaled Saeed

Contact Person title: Public Relations

City, Country: Dubai, the UAE

Website: https://sellbitcoinindubai.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/143930

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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