Dubai has caught up with the trend and launched its own cryptocurrency, Dubaicoin cryptocurrency, based on a public blockchain where cryptocurrencies are traded on a select number of exchanges. The public blockchain will allow people to generate their own dubaicoin cryptocurrency by mining it.
Why is dubaicoin cryptocurrency becoming a trend?
Consumers can use DubaiCoin to pay for goods and services online and in person. The purpose is to use coins instead of regular paper money. dubaicoin cryptocurrency circulation will be controlled by the city itself and by authorized brokers. dubaCoin was launched at $0.17 and is listed on multiple trading platforms. dubaCoin set its price at $1.13, up 1,114%, with a supply of 4.26 million with a market cap of $4.84 million
How to buy dubaicoin cryptocurrency？
As of now, DubaiCoin is not yet listed on any major exchange, but interested investors looking to purchase the cryptocurrency must do so by exchanging it for Bitcoin or Coincoin on exchanges where the token is still available. dubaicoin is currently available on the following exchanges – HitBTC and However, DubaiCoin is a fairly new cryptocurrency and investors are advised to research the legitimacy of such a brand new project before choosing to invest in it.
Best Crypto Exchanges in UAE – Top 5 List
Here is the list of the best crypto exchanges in the UAE.
eToro– The best crypto exchange in UAE in general
Coinbase – The best cryptocurrency exchange in UAE
okex.- Great low fee crypto exchange in the exchange UAE
Binance- Top crypto exchange for asset diversity in UAE
BitOasis- Popular crypto exchange in the Middle East
