UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda

UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda

RAKBANK, one of the oldest lenders in the United Arab Emirates (UAE), is allowing retail customers access to cryptocurrencies through a partnership with Vienna-based crypto exchange Bitpanda, the companies said on Tuesday.Users can now access "a range of cryptocurrencies" via RAKBANK’s mobile banking app. The bank did not specify which cryptocurrencies would be on offer by press time.The service includes buying, selling and swapping crypto asset…

RAKBank Becomes First UAE Bank to Launch Retail Crypto Trading Service

The National Bank of Ras Al Khaimah became the first conventional bank in the UAE to offer retail cryptocurrency trading services. Cointelegraph reported Tuesday that the government-owned institution launched a crypto brokerage service through its mobile banking application.The service allows customers to buy, sell and swap cryptocurrencies directly from their UAE dirham accounts. Raheel Ahmed, group CEO of RAKBank, stated the bank recognizes th…

RAKBANK Becomes First UAE Conventional Bank to Offer In-App Crypto Trading: Details

The post RAKBANK Becomes First UAE Conventional Bank to Offer In-App Crypto Trading: Details appeared first on Coinworldstory. RAKBANK becomes the first UAE conventional bank to offer in-app crypto trading, allowing users to buy and sell digital assets directly in AED. The post RAKBANK Becomes First UAE Conventional Bank to Offer In-App Crypto Trading: Details appeared first on Coinworldstory.

RAKBANK Launches Crypto Trading in AED with Bitpanda

RAKBANK now lets customers trade crypto straight from their bank app using local money. Bitpanda’s system helps users buy coins without moving funds to other crypto platforms. The UAE plans to lead in digital coins as more banks and rules support crypto growth. In a milestone move, RAKBANK has become the UAE’s first conventional bank to launch retail crypto trading directly through its mobile app. The initiative is powered by Austria-based Bitpa…

Rakbank becomes the first UAE bank to offer crypto trading for retail - WorldNL Magazine

The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first conventional bank in the country to offer retail crypto trading.In a Tuesday news release, the bank announced the launch of a crypto brokerage service through its mobile banking app, allowing customers to buy, sell and swap cryptocurrencies directly from their UAE dirham accounts.“We recognize the opportunity this solution will …