Cryptocurrency has a major impact on the current world economy, and it seems to be increasing over time. The innovation it has brought is just remarkable. People worldwide have started to acquire different cryptocurrencies for their transactions, especially bitcoin. Now, you can sell Bitcoin in Dubai for Cash through Coinsfera, they offer the best crypto exchange policy and rates.
You can visit Coinsfera shop in Dubai and sell your bitcoin in minutes over the counter. That’s the level of efficiency Coinsfera has brought in the crypto exchange market. You don’t have to wait for lengthy methods. People usually worry about whether Bitcoin is legal or not, so here’s the answer.
Is It Legal to Sell Bitcoin in Dubai?
It is totally legal to sell bitcoin in Dubai, and Coinsfera can help you with an authentic process. Meanwhile, here are some facts that will give you some clarity about the legality of bitcoin in Dubai:
- DMCC (Dubai Multi Commodities Centre) declares bitcoin as a crypto-commodity, so those who sell bitcoin on their behalf are doing a legal trade.
- Although the UAE Central Bank prohibits transactions from other digital currencies but it doesn’t include cryptocurrencies.
- As Dubai aims to develop a blockchain-powered government, that’s why the UAE exchange has deployed cryptocurrencies for fast and cost-effective transactions around the world.
Now, Sell Bitcoin in Dubai Easily with Coinsfera
Coinsfera offers a basic method to sell Bitcoin in Dubai which is easy to follow for customers from any field. The objective is to bring ease to cryptocurrency exchange, so people don’t have to get into further complications.
All you have to do is to calculate that amount you want to get by selling your bitcoin. Once, you have the rate exchange of your bitcoins, it will be easy for you to make a direct transaction. You can set an appointment and visit the office for your bitcoin transfer.
You bring your original ID for verification. If you are not a UAE citizen, then your passport is required. After that, you are eligible to make a secure transfer. You have to wait for a few minutes and once the transaction is done, you can have your cash over the counter. That’s how easy your bitcoin transaction has become with Coinsfera.
Why You Should Sell Bitcoin in Dubai with Coinsfera?
Coinsfera has been providing its services in the crypto exchange since 2015. The platform is well known for its fast and secure transactions. Here are some reasons to sell bitcoin with Coinsfera:
Best Exchange Rate
Coinsfera offers the best rate for selling your bitcoin in Dubai. The transfer fee that this platform charge is competitive as compared to the crypt exchange market. That’s why the ratio of a Bitcoin exchange is higher at Coinsfera.
The transaction process is quite fast here. Once, your details are verified, you have to wait for 10-15 minutes for your transaction. You can sell your bitcoin in Dubai over the counter at Coinsfera shop on the spot without any further formalities.
The whole process remains authentic with instant verification. Meanwhile, the information of the clients remains secured with Coinsfera. The transaction process is executed according to the laws of cryptocurrency exchange.
No Third-Party Involvement
The great thing about selling your bitcoin with Coinsfera as there is no third party involved in the whole process. You only deal with Coinsfera and it takes full responsibility for a secure and authentic transaction.
Connect to Coinsfera
If you are willing to sell your bitcoin in Dubai, there is no better choice than Coinsfera. You can see the benefits of selling your bitcoin in Dubai for cash. Meanwhile, this platform has a professional staff that will help you at every step. So, contact Coinsfera today via phone, WhatsApp or, telegram and set your appointment for a bitcoin transaction.