Where buy dubaicoin

This was because numerous media had reported the digital coin to be the official digital coin of Dubai. The value had shot up after a press release claiming it to be the official cryptocurrency of the country. The digital coin was made by the cryptocurrency startup Arabianchain technology and had claimed that it was the official cryptocurrency of the West Asian city. This led to the major rally in the increase of the price of the coin. The Dubai Government had responded conveying that it was not an official digital coin or cryptocurrency of the country and warned the investors claiming it to be a phishing scam. The government had denied it to be the official cryptocurrency and also added that the cryptocurrency was not approved by any official authority.



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WATCH RELATED VIDEO: DON'T BUY Dubaicoin (DBIC), Buy The NEW DubaiCoin (DBIX) Instead!

How to buy DubaiCoin?


DubaiCoin is a popular topic right now. Although the Dubaicoin is not exactly a CBDC, it is the closest thing we have to China's official digital Yuan, which is now being tested in the country. Countries such as the United States, India, the United Kingdom, and the European Union are considering digital equivalents of fiat currencies.

The Dubai Electronic Security Centre said late Thursday night that the digital currency known as the "Dubai Coin" has not been sanctioned by any official body and that the website promoting the coin is an unlicensed site aimed at phishing people's e-mail addresses, passwords, and phone numbers through an electronic form.

The coin's promotional website is a sophisticated phishing scheme aimed to collect personal information from its users. Dubai Coin cryptocurrency was never approved by any official authority. The website promoting the coin is an elaborate phishing campaign that is designed to steal personal information from its visitors. Fake once more. There is one exchange that hosts the unconfirmed Coin, but it has been labelled a scam by tech vloggers. The United Arab Emirates is regarded for being a safe haven for cryptocurrency investors.

The Dubaicoin, on the other hand, would be distinct from other cryptocurrencies, according to reports. For Quick Alerts. Subscribe Now. India - 42,, World - ,, For Daily Alerts. Union Budget, Indian Govt. Introducing Digital Currency. For investment related articles, business news and mutual fund advise. Allow Notifications. You have already subscribed. Equity Mutual fund. Boost your returns from our latest financial news and tips!

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Dubai Coin an 'elaborate phishing campaign', authorities say

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Buy 24K GOLD PLATED COMMEMORATIVE DUBAI COIN WITH SLAB online at low price on Snapdeal. Shop online 24K GOLD PLATED COMMEMORATIVE DUBAI COIN WITH SLAB with.

It may be giving a 1,000% return, but here’s the truth about DubaiCoin

Dubai Coin's relaunch was fake and both its name and logo had been used fraudulently in a news release and website, according to ArabianChain Technology, the UAE-based blockchain start-up that set up Dubai Coin in The press release distributed by PRNewswire has since been removed from its website. ArabianChain, which owns the Palmex cryptocurrency exchange, stopped working on Dubai Coin in to concentrate its resources on Palmex. Dagher, the global channel chief officer of Dell Technologies, told Arab News in an exclusive interview that her company has a strong presence in Saudi Arabia and the wider Arab world, which she expects to expand during the next few years. The former president of Cisco Systems Canada, Dagher said she is driven by pride in her Lebanese heritage and the ability to serve as a positive role model for women in the male-dominated computer space, having overcome racism on her journey to the top. I was bullied, I was called names. But if I look at the Arab world I see what King Salman is doing in Saudi Arabia, and the Saudi Vision , the advancement you are seeing in the Arab world in specific countries — it makes me so proud to give back in that perspective. Through the next five years, we are talking about three to five years, I will tell you that we are constantly exploring routes to help growth in terms of our team, our customers and our partners. Dagher was born and raised in rural Lebanon, emigrating to Canada in when she was just 16 to escape the Lebanese civil war. She raised two children as a single mother, but said she learned to be strong as one of six daughters in a family with no sons.


Dubaicoin surges 1,000% on fake claims of being city’s official cryptocurrency

where buy dubaicoin

As of now, DubaiCoin is not available on any major exchanges. Interested investors who are looking to buy DubaiCoin will have to do so by exchanging it for Bitcoin or Binance Coin at exchanges where DubaiCoin is available. Additionally, Can I buy DubaiCoin? How to buy DubaiCoin. As of now, DubaiCoin is not available on any major exchanges , but interested investors who are looking to buy the cryptocurrency will have to do so by exchanging it for Bitcoin or Binance Coin at exchanges where the coin is still available.

Dubai Coin cryptocurrency was never approved by any official authority. Times Internet Limited.

Dubaicoin: What is it, how much is it worth and why is it popular?

The price of Dubaicoin DBIX , a newly launched cryptocurrency based on the public blockchain, reportedly shot up by 1, per cent within 24 hours after falsely claiming to be the official cryptocurrency for the city of Dubai. ArabianChain Technology, the company behind Dubaicoin, claims to be the first public blockchain in the region, allowing users to mine the currency, and maintain the blockchain ledgers. As the claims seemed to convince many, the government of Dubai dismissed it as an elaborate phishing campaign designed to steal personal information. Taking to Twitter, the media office of the Dubai government said that Dubaicoin cryptocurrency was never approved by any official authority. Dubai Coin cryptocurrency was never approved by any official authority.


Is DubaiCoin worth Investing in? What are experts saying about it?

The cryptocurrency launched by UAE company Arabianchain technology was trading only on some selected exchanges. However, a false claim made by the company could be the reason behind this surge. According to crypto. The company behind the cryptocurrency — Arabianchain technology -claims that Dubaicoin is the first blockchain cryptocurrency in the Gulf region. Next, the Dubai Electronic Security Centre said that the website which promotes Dubaicoin is unlicensed and that the site wants to steal personal information of users like passwords, phone number and email Id. Dubai Coin cryptocurrency was never approved by any official authority. The website promoting the coin is an elaborate phishing campaign that is designed to steal personal information from its visitors.

Well I think I left this part behind not to lore ppl who just follow trend and buy blind, I am not gonna make this short so you have to read MR. new .

How can I get DubaiCoin?

Buying DubaiCoin is very easy these days. If you want, you can use cash, card — even PayPal! It is separated into parts — just follow the one that matches your purchase method.


DubaiCoin: What is it, why is it in news, and should you buy?

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. You will need a wallet if you want to buy or mine cryptocurrency.

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The coin was launched by Arabian Chain Technology and they hope it will eventually be used to pay for goods and services across Dubai. We haven't made such an announcement, please be cautious. Including cryptocurrencies, blockchain technology, and NFTs, nonfungible tokens which effectively let you purchase something online. The centre will deal with all manner of crypto businesses. From blockchain platforms to those that offer, issue, list, and trade crypto assets. Dubai is betting big on blockchain technology, essentially a more secure and open way of doing business online. Blockchain is also the technology that powers digital currencies including Bitcoin.

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