CoinCRED enters the UAE cryptocurrency market

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CoinCRED enters the UAE cryptocurrency market Pressrelease

The future crypto capital- Dubai, is having tremendous growth. The government’s proactive support is the main driving force for building a conducive ecosystem for all cryptocurrency and web3-related companies. The VARA is the sole authority for governing virtual assets. The pragmatism shown by the UAE for having crystal clear rules and regulations is captivating for crypto companies, especially crypto exchanges. According to the reports, UAE houses more than 1500 crypto and web3 companies.

Indeed, their rigorous and vigorous decision-making & managerial skill set has helped CoinCRED to grow steadily. Under their leadership, CoinCRED aims to become the global hegemon of the crypto market. The exchange’s significant achievement is to become the launchpad of GanderCoin- India’s first crypto coin. As per the reports, the exchange has shown an average growth rate of 19.4% per quarter, which is excellent considering the market conditions.

Mr. Ubaid Chand, CEO of CoinCRED, said, “We understood the market demand for having an application with a simple interface that can accommodate all the crypto beginners and experts.”With its new launch, it has altered its service charges as well. The new service charges are mentioned below:The first-time user will get the reward of 1 USD in their wallet on sign up.The referral reward shall be $1 after a successful trade by the referee.

 

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