Bitpanda and CoinMENA Partner to Expand Crypto Asset Services in the Middle East


Bitpanda and CoinMENA Partner to Expand Crypto Asset Services in the Middle East

  financemagnates.com 26 August 2024 14:58, UTC

Bitpanda Technology Solutions and CoinMENA have partnered to expand crypto trading services in the Middle East. Licensed as a crypto asset platform under the Central Bank of Bahrain and Dubai Virtual Asset Regulatory Authority (VARA), CoinMENA aims to utilize Bitpanda’s digital infrastructure to meet the growing demands of its users.

Expanding Crypto Asset Offerings

According to the official announcement, this partnership promises to enhance trading efficiency and broaden the range of crypto assets available to users. CoinMENA’s partnership with Bitpanda Technology Solutions is poised to deliver several key benefits to its users.

This integration ensures that users receive optimal prices for their trades, leading to a smoother and more reliable trading experience. The collaboration also addresses one of the most requested features from CoinMENA’s user base, the rapid addition of new crypto assets to the platform.

The strategic partnership with Bitpanda will enable CoinMENA to integrate a wider range of crypto assets into its platform, offering its users a more comprehensive selection. This move is in line with the increasing demand for diversified crypto asset portfolios in the region, particularly as the MENA region continues to emerge as a hub for crypto innovation.

Bitpanda currently serves a global clientele, including some of the world’s renowned financial institutions. Its partnership with CoinMENA is expected to strengthen its presence in the MENA region.

Expect ongoing updates as this story evolves.

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