Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Satoshi-Era Investor Cashes Out 80,000 BTC via Galaxy Digital

    Senator Cynthia Lummis Advocates Bitcoin as ‘Freedom Money’

    Galaxy Digital Completes $9 Billion Bitcoin Sale

    Citi’s Bitcoin Price Prediction Lacks Official Confirmation

    Ledn Introduces Bitcoin Wealth Program for Affluent Clients

    Strategy Launches STRC Preferred Stock to Boost Bitcoin Holdings

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    WeWake Presale Launch Highlights Unique Gasless Blockchain Features

    Top Blockchains See High Positive Market Sentiment

    Solana Leads Blockchain Sentiment Amid Protocol Advancements

    Wellgistics Adopts XRP for Treasury After $50M Credit Deal

    Wellgistics Adopts XRP for Treasury Operations

    Shiba Inu Enhances Shibarium Ecosystem with Developer Upgrade

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

New Crypto Exchange, Bitex Launched in UAE

Joshua T. by Joshua T.
November 24, 2018
in Latest News
Bitex

The Middle East has seen a recent influx of crypto-based companies in recent times. In light of this, a crypto exchange, Bitex has officially opened shop in the United Arab Emirates’ (UAE).

Bitex to Trade top Cryptos

According to the press release submitted by Bitex, traders will have the opportunity of trading four top-ranking cryptos— Bitcoin, Bitcoin cash, Ethereum and Litecoin. Eventually, more digital assets are expected to get added to the platform.
Bitex also made it known that it has launched a cryptocurrency wallet that “offers an additional cash deposit service.”

According to the CEO of the exchange, Bitex UAE will integrate several payments options such as FIAT bank transfer and credit or debit cards. He also stressed that all money deposited in on the exchange will be available for trading in less than 24hours.
He said that:

“Recent changes in UAE regulation have made today the perfect time to seize the opportunity to introduce a new, secure, professional trading platform,”

He also added that:

“ UAE government has demonstrated progressive leadership with its Blockchain Strategy 2021, which has “laid the groundwork for digital assets becoming more accessible” in the Gulf state. As result of this, UAE residents have been calling out for more options to securely buy and sell digital currencies, while residents have been able to use international trading platforms for some time, having access to a local exchange is far more convenient. Trading via a UAE-based company allows customers to easily deposit local currency rather than first having to exchange it for a more widely-accepted currency.”

New Legal Framework for UAE

In June 2018, a legal framework targeted at regulating the crypto industry of the UAE was released by the Financial Services Regulatory Authority, the regulator of Abu Dhabi Global Market.
The function of the framework is to help prevent the growth of fraudulent crypto businesses in the ecosystem. With the release of the framework, several crypto businesses are shifting their attention towards the UAE.

Tags: Bitexcrypto exchangeUAE
Previous Post

What are KYC and AML? Why Do They Matter for the Crypto Industry?

Next Post

Bitpay Adds Support for New Stablecoin—(PAX)

Joshua T.

Joshua T.

Related Posts

Ripple CTO Admits Fabricating Questions and Censoring in Past Q&A

by Solomon M.
July 26, 2025

Ripple CTO David Schwartz confesses to fabricating fan questions and censoring Ozzy Osbourne during a past Q&A.

SharpLink Considers $145M Ethereum Purchase Amid Leadership Shift

by Solomon M.
July 26, 2025

SharpLink plans a $145M Ethereum acquisition while welcoming a new CEO from BlackRock.

SharpLink Gaming Tops Public Ethereum Holdings in 2025

by Solomon M.
July 26, 2025

SharpLink Gaming leads public companies in Ethereum holdings with $1.33B in ETH.

Bitmine Leads in Public Ethereum Holdings by 2025

by Solomon M.
July 26, 2025

SharpLink Gaming, Bitmine dominate public Ethereum holdings in 2025, holding $3.47B ETH assets.

Over $3 Billion Lost in Crypto Hacks in H1 2025

by Solomon M.
July 26, 2025

Crypto hackers stole $3 billion in H1 2025, targeting centralized exchanges rapidly.

Global Ledger Reports $3 Billion Lost in 2025 Crypto Hacks

by Solomon M.
July 26, 2025

Global Ledger reveals over $3 billion lost to crypto hacks in H1 2025, highlighting AML weaknesses.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.