DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / April 6, 2022 / The vice-president of Dubai, Sheikh Mohammed bin Rashid Al Maktoum has announced the new crypto law. Even after the new regulation, Coinsfera Bitcoin shop will continue to assist crypto enthusiasts to buy and sell bitcoin in Dubai safely and fast.
Dubai has announced that they are going to adopt new regulations about cryptocurrencies. This trend has been a while in the national markets. For instance, the USA, UK, Singapore, El-Salvador has adopted crypto laws to make crypto accessible. Adoption of the new regulation will facilitate the cryptocurrency transaction and exchange in Dubai.
The Dubai Virtual Asset Regulatory Authority (VARA) will supervise cryptocurrency activity under the new law. The new legislation will not apply to the Dubai International Financial Center, often known as the Dubai Free Zone because the governing body is different.
Buy and sell Bitcoin in Dubai at Coinsfera Bitcoin Shop
Since 2015, Coinsfera has been providing bitcoin exchange services in Dubai. During that time, Coinsfera has established itself as a trustworthy exchange where thousands of users have exchanged bitcoin for cash or other cryptocurrencies.
The policy change will result in a surge in demand for a wide range of cryptocurrency services. Anyone who wants to exchange Bitcoin to cash in Dubai can do so at Coinsfera Bitcoin shop, which is equipped with the latest equipment. Professional personnel will assist not just individuals who are already involved in crypto, but also those who have recently entered the digital currency revolution, given their years of experience. Coinsfera will serve them to sell bitcoin in Dubai and sell USDT in Dubai fast and secure.
The award was given to Coinsfera by the largest blockchain conference in the MENA and Eurasia area. In Dubai, the UAE’s metropolis, the Coinsfera Bitcoin store opens access to the NFT space. Coinsfera is a well-known business in Dubai, offering a comprehensive range of crypto services. Coinsfera is an OTC crypto exchange which is located in the city center. It makes buying and selling BTC in Dubai more accessible.
The significance of cryptocurrency exchange in Dubai
Almost every year, new digital currency regulations are enacted. Those rules are being adopted in order to regulate or enable bitcoin transactions in a safe and legal way. To name a few, the Dubai administration declared sanctions for crypto scams late last year, prior to the new regulation. All this time, crypto enthusiasts could buy and sell bitcoin in Dubai; sell tether in Dubai.
The primary motivation for regulation is the unavoidable need for crypto assets. Over the last several years, interest in crypto services has skyrocketed. The only way to keep track of crypto transactions is to enact regulations that make it easier for customers and businesses to use them responsibly. Coinsfera is one of the greatest exchanges for meeting both parties’ expectations by allowing them to purchase and sell bitcoin in Dubai.
About Coinsfera Bitcoin shop
Coinsfera is a global company that offers cryptocurrency trading services. Dubai, Istanbul, Kosovo, and London are the four countries and cities where it now operates. Thousands of people have converted their cryptocurrencies to cash and vice versa since 2015 in Coinsfera. Selling bitcoin in Dubai, selling USDT in Dubai, and selling Ethereum in Dubai are the most popular services.
At Coinsfera, you can buy and sell Bitcoin, one of the most prominent cryptocurrencies. Competitive pricing, the ability to exchange large amounts of bitcoin, and rapid transfers are just a few of the perks that set Coinsfera apart from other exchanges in Dubai when it comes to selling bitcoin. In addition to selling Bitcoin in Dubai, Coinsfera allows users to convert over 2000 cryptocurrencies into cash and vice versa.
Sell Bitcoin in Dubai with Cash at Coinsfera.
Buy Bitcoin in Dubai with Cash at the official exchange Coinsfera.
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Company Name: Coinsfera
Address: Jumeirah Lake Towers, Cluster F, Indigo-Icon tower, Office # 501, 5th floor – Dubai, UAE
Email: [email protected]
Contact: +971 58 535 0505
SOURCE: Coinsfera
