Crypto alternate Bitpanda and buying and selling platform CoinMENA have introduced a strategic alliance geared toward bolstering the latter’s effectivity.
CoinMENA has operational licenses from the Central Financial institution of Bahrain and the Dubai Digital Asset Regulatory Authority (VARA). The platform’s strategic partnership with Bitpanda additionally seeks to spice up the Center East & North Africa targeted crypto entity’s suite of accessible digital belongings services and products.
Market demand
In a remark, CoinMENA co-founders Dina Sam’an and Talal Tabbaa be aware:
“We’re excited to companion with Bitpanda Expertise Options, an trade chief that shares our dedication to offering top-tier crypto asset buying and selling companies. This collaboration won’t solely improve buying and selling effectivity but in addition fulfill probably the most requested options from our customers, enabling us so as to add new crypto belongings extra quickly to fulfill market calls for.”
Sam’an additionally commented on the partnership by way of a submit on X on Aug. 26.
Thrilled to announce our strategic partnership with @Bitpanda_global! Collectively, we’re enhancing buying and selling effectivity and increasing our crypto asset choices at @CoinMENA. This collaboration marks a major step ahead in our mission to offer customers with essentially the most dependable… pic.twitter.com/7nq2YwkFHM
— Dina Sam’an | دينا سمعان (@DinaSaman_) August 26, 2024
Bitpanda will act as a liquidity supplier for CoinMENA, enhancing the alternate’s buying and selling effectivity and consumer expertise.
“The MENA area is without doubt one of the most bold and revolutionary areas on this planet with regards to crypto belongings,” Bitpanda international head Nadeem Ladki, famous. “Bitpanda Expertise Options offers establishments within the area entry to one of many broadest ranges of crypto belongings out there, in a completely modular manner, all with a extremely regulated and trusted companion,” Ladki added.
Bitpanda just lately partnered with UAE’s RAKBANK to broaden the digital belongings house within the UAE. The alternate has additionally joined forces with Coinmotion and struck a significant cope with Serie A giants AC Milan.
