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Clarification about the Arab Bitcoin and Binance partnership on buying cryptocurrencies

Posted on November 2, 2022 by admin

Clarification about the Arab Bitcoin and Binance partnership on buying cryptocurrencies

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Answer Clarification about the Arab Bitcoin and Binance partnership on buying cryptocurrencies

After we published an announcement about the cooperation between Binance and Arab Bitcoin to provide the option to purchase with Visa and MasterCard for the Arab community.

We received several questions from the followers about the mechanism of action, so as a clarification about the new step and as a removal of confusion and avoidance of media misinformation, we will explain in some detail about the new partnership.

Adding the option to purchase digital currencies via Visa and MasterCard cards via a special interface built into the Arab Bitcoin, which is transferred directly to the Binance platform, and accordingly, the process takes place at the level of the Binance platform, and thus it is subject to the terms and conditions of the Binance platform.

Read:Learn one of the reasons why Bitcoin dropped to the $21,000 level

Foot “SalmanThe founder of Arab Bitcoin explained about the new partnership, saying:

Thanks for everyone’s reaction

But I would like to clarify the matter so that there is no misunderstanding… We have added the feature of quick access to the purchase process from the Binance platform (all transactions are made according to the terms of purchase on Binance without any modification) where the digital currency and the amount can be entered in the local value (such as the Saudi riyal).

For the user, there is no difference in buying from the platform’s website or the Arab bitcoin at the price (the difference if you use the Arab bitcoin, part of the calculated fees goes to the development of the site).

Of course, we deliver all card problems to the platform in the hope of solving them and benefiting from the service.

On the other hand, we have been working from time to time to provide better and suitable solutions for everyone that are independent of us, and we are still working on achieving them.

Read:Coinbase Pro is listing the digital stablecoin Tether “USDT”…details here

good luck for everbody

Read also:

Top 4 Platforms to Buy Bitcoin with Visa

How to buy and sell digital currencies in the Arab world


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