UAE Users Allowed to Buy and Sell Bitcoin and Ether From Their Bank Accounts
Cryptocurrency exchange M2 has recently announced that it will be allowing residents in the United Arab Emirates to directly buy and sell Bitcoin and Ether using their bank accounts.
This new integration will enable individuals to easily convert their local currency into these digital assets, and vice versa, through trading pairs listed on M2’s spot markets.
In addition, users will also be able to deposit and withdraw their local currency. The M2 team believes that this new feature will allow users to adapt quickly to market changes and improve accessibility to virtual assets in the region.
According to M2’s CEO, this is a significant milestone for the platform and will help in expanding their offerings in the rapidly changing landscape.
This integration marks a step towards easier navigation between traditional finance and virtual assets for clients in the MENA region.
