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Investing in Blockchain Pioneer of Dubai is Now Possible – Burency is Seizing the Initiative

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The United Arab Emirates (UAE) is among the world’s richest countries, thanks to the abundance of oil deposits in the region. The revenue streams of the UAE has seen some diversification in the past. Prior to the discovery of oil in the UAE in the 1950s, its economy was primarily dependent on fishing and thus largely unsustainable. In its doggedness to move the country forward, today, the global hub for trade and commerce is now domiciled in the UAE.

On one hand, development around the world is moving at lightspeed, as data is fast becoming the new oil in today’s world; nothing works efficiently without data. On the other hand, blockchain technology is taking the lead in enabling efficient data transmission and thus impacting how the world conducts business today. For years, UAE is known to be a first-mover across revolutionary business domains and technologies. Needless to state, the world capital of blockchain is now rising in the Middle East.

UAE is a staunch supporter of blockchain technology, this became evident after the launch of Emirates Blockchain Strategy 2021. This strategy is targeted at capitalizing on the blockchain technology to transform 50 percent of government transactions onto the blockchain platform by 2021. These initiatives are often influenced and encouraged thanks to its government and investment-friendly business environment.

This initiative will eventually result in an impressive cost savings of AED 11 billion in transactions and documents processed routinely, 398 million printed documents annually, 77 million work hours annually. While other nations are busy inhibiting the development of blockchain technology, the UAE at the same time is leveraging on it to foster economic development.

Dubbed as the city of the future”, Dubai, in 2017 announced its plans to have robot cops, flying taxis and autonomous vehicles on its roads in the coming years. Now, Dubai, a member state of the seven emirates of the UAE is on a mission to become the world’s first blockchain-powered government.

By 2020, the emirate wants all visa applications, bill payments and license renewals, which account for over 100 million documents each year, to be transacted digitally using blockchain. This and many other reasons have summed up in creating an enabling environment for blockchain startups to strive better in the middle east.

Recently, IBM opened up a start-up space in Dubai whose mission is to encourage smaller companies to use IBM hardware and cloud services to experiment with blockchain applications. The UAE Exchange has also recently partnered with RippleNet Network, a provider of blockchain technology. Ripple is expected to be assisting the UAE exchange by providing real-time, quick and high-speed payment both local and cross-border payment.

Due to blockchain immutability and the untamperable nature of data stored on blockchain, real estate is taking its own share of the disruptive power of blockchain. Dubai Land Department (DLD, in October, launched a blockchain-powered system to help secure financial transactions, electronically record all real estate contracts, and connect homeowners and tenants to property-related billers, such as electrical, water and telecommunications utilities.

Many other startups and blockchain ecosystems are seizing this opportunity to leverage the power of blockchain to make the world a better place. One of such innovative companies that have grazed the blockchain stratosphere in Dubai is Burency.

What is Burency?

Burency

Burency is a revolutionary cryptocurrency exchange based out of Dubai. Burency exchange is a fully-insured cryptocurrency exchange that is regulated, transparent, convenient open for experienced traders, first-timers and investors alike.

The project is headed by Founder & CEO Mohammad Mazen and a team of other professionals who have varying degrees of experience and expertise working in various fields relating to blockchain, finance, marketing, etc.

By virtue of building numerous projects in the UAE and pitching several blockchain meetups and conferences in the Middle East, Mohammad Mazen understands the business environment surrounding this region. There is a popular norm that says, the expertise of any team has a direct reflection on the success of the underlying project. This is the case with Burency.

The company is positioning itself among the first-movers in the ever-growing high-potential Middle Eastern market. The market at present is highly underserved with interest outstripping the number of exchanges, mining facilities and blockchain centers available.

According to the Burency whitepaper, the company is launching a trusted state-of-the-art cryptocurrency exchange whose features are considered to be more superior to any available alternative in the Middle East. Burency is well-positioned as a blockchain giant in the Middle-East as UAE takes the lead in global blockchain adoption.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

Press Releases

YFIII: the Favourable Investment Opportunity for the Last Quarter of 2020

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YFIII DeFi

In the wake of the global economy, investors all over the world are seeking for their interest in making a profit in a safe and effective way. In the crypto world, that hope is likely viable with good profit and trustworthy projects created upon hi-tech platforms. YFIII is one of those projects, which is getting more and more attention from investors. 

What is YFIII?

YFIII is a decentralized finance platform that allows users to perform a host of functions such as trading and aggregated liquidity. Moreover, it also is the first platform to integrate Uniswap SDK and staking on-chain.

Since release time on Sep 13, 2020, the YFIII project has gained large support from the global community. The number of group members has increased massively by 2000 members a month. 

Noticeable Attributes

YFIII offers users three fundamental attributes such as Token Swap, Token Staking, and Yield Farming. 

  • With token swap: It allows users to easily swap from ETH, DAI, USDC, or USDT to YFIII and vice versa. 
  • With Token staking: Interest rate decreases gradually every 2 weeks. Tokens will be locked within 2 weeks once you finish staking. After 2 weeks, these tokens will be unlocked and users will receive tokens staked as well as the interest respectively. Users can completely cancel staking and take the tokens back any time.
  • Yield farming will be released at the beginning of 2021. 

YFIII

How to trade YFIII? 

Currently, investors can simply buy or sell YFIII tokens on Uniswap, Indoex, and will be soon on some other exchanges namely: Probit, OKEx, Huobi,… The project is also preparing the last progress for Coingecko and CMC listing. 

YFIII 2

YFIII’s price has raised up to 380% per day after being officially listed on Uniswap on September 13th, 2020 – a very impressive figure. Having said that, by the well-thought plan and a clear orientation of the YFIII team, this project completely is an opportunity that should not be missed. 

YFIII: Big chance – Big profit

Join with us at https://t.me/yfiii_money

Our website: https://yfiii.money/

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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Sikix Exchange Launches with MoonPay as a Payments Partner

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Sikix Exchange Launches

Sikix.io, a world-leading decentralised exchange (DEX) offering an advanced, secure, and transparent crypto trading platform, is going live. 

The platform promises to pioneer decentralised exchange offerings with truly global deployment. There will be stable and efficient services to millions of cryptocurrency investors globally. 

The DEX deploys 11 witness nodes distributed in 8 countries on four continents, ensuring users’ ultimate trading experience worldwide. Sikix also provides lightning-fast network speeds, allowing users to complete an order in 3 seconds. 

This new exchange achieves excellent trading speeds without compromising transactions’ security due to its advanced consensus mechanism of ByteTrade Blockchain. The “Match-Chain” built on the ByteTrade 2-layer blockchain structure makes Sikix unique from other decentralised exchanges by providing stable and high- speed order matching services. 

In ByteTrade, users can enjoy secure on-chain trading experiences as fast as 1 second. Furthermore, the multi-platform nature guarantees the ability to trade anywhere and anytime.

Getting Started on Sikix

SIKIX Dashboard

Users can start trading on the unique platform by creating an account and entering their login details (name and password). After that, the system will offer a mnemonic phrase, which is essential to save for future account access restoration.

Next, account owners must verify their email address, phone number, and install Google two-factor authentication for their account. These measures help boost security on Sikix and protect accounts from frauds and scammers. Multi-signature in all supernodes further bolsters security on the platform.

Sikix Exchange strives to return to decentralisation by allowing each owner to keep private keys by themselves and master 100% of fund management rights. It locks all users’ assets in smart contracts.

The decentralised trading system currently supports BTC, USDT, ETH, CMT, and other top blockchain assets. In the future, it will add more crypto assets.

Don’t miss the opportunity to use the services of the Sikix decentralised exchange and become truly independent.

Sikix Partners With MoonPay

Sikix has now partnered with fiat-to-crypto provider MoonPay to offer users a seamless means to purchase various cryptocurrencies in minutes.. 

The DEX will host MoonPay’s payment services on its website to facilitate purchases of over 50 crypto assets with all major debit/credit cards. 

Users can also buy crypto via bank transfers (EU and UK), virtual cards, and new mobile payment methods such as Apple Pay.

MoonPay accepts payments in over 160 countries globally, including the US, Europe, Japan, Vietnam & South Korea. By partnering with the prominent payment provider, Sikix exchange aims to make crypto accessible to everyone. 

The exchange has deployed a referral program dubbed “Refer a Friend” that pays a commission to attract new traders to the platform. 

The program follows a well-designed 5-tier affiliate reward system that allows users to earn a commission from their friends’ friends. The DEX also offers a nice bonus for NGN coin users by enabling them to deposit Paystack. 

About MoonPay 

MoonPayMoonPay is a fintech startup developing the new standard for fiat-to-crypto giving ordinary folks a seamless way to move between fiat and cryptocurrency at the few clicks of a button. 

MoonPay’s payment gateway accelerates the mass adoption of digital assets by making it easy for new users to onboard straight into crypto via a simple checkout journey. 

Among the more recent platforms to partner with the payment provider is Binance DEX, which recently launched a fiat-to-crypto service through MoonPay. The service now enables users from more than 40 countries around the world to purchase BNB with fiat.

More recently, on Sep. 23, new DeFi protocol RioDeFi unveiled a partnership with MoonPay to facilitate effortless purchases of its RFUEL token. Other top platforms like Changelly and Bitcoin.com have also partnered with Moonpay. 

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this press release. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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Press Releases

USDT Is A Game Changer For Online Poker

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CoinPoker

CoinPokerCoinPoker – the flagman of the industry and oldest pure crypto poker room – is the first to introduce USDT as an in-game currency, solving the ever prevailing volatility issues and creating grounds for accelerated growth. Alongside this, it launches two promotions giving away 100,000 GTD in prizes.

The changes will finally allow the poker community to play using chips pegged to dollar value, while at the same time offering the lowest rake in the industry and verifiably fair decentralised card shuffling mechanism – a trio never seen in the history of online poker.

Choosing the coin

With expert advisors, poker elite and community supporting the need for a change, USDT was an obvious choice as it matched the high criteria the room had for the coin: stability, transaction speed, and the overall reliability.

In addition, USDT is simple to use when it comes to crypto newbies: going from fiat on users‘ bank account to USDT on a poker account and vice versa can be done in a matter of hours. CoinPoker also allows its users to deposit and withdraw in BTC and ETH making the most out of the in-app currency conversion tool.

Better for a player

Looking from a player’s side USDT has the obvious superiority when it comes to providing liquidity and a hedge against crypto market volatility. The tokens are pegged to a fiat money making this stablecoin less risky than typical cryptocurrencies therefore safe for both newcomers to the poker app and poker pros who will always know their bankroll in terms of fiat value.

Unique bonus system

USDT will work in perfect balance with CHP token, a predecessor in-game currency of CoinPoker, which won’t be a must for playing, however, will guarantee exclusive privileges and perks for its users and holders: rakeback, extra leaderboard points, exclusive access to the sportsbook section and discounts on withdrawal fees. Reportedly more benefits to come in the nearest future. 

A room providing more possibilities to win

It’s worth noting that CoinPoker is a crypto poker room with the lowest rake in the industry and huge promotions giving away thousands in fiat value each week. This is also the first poker room that returns 100% of the rake back to players in various shapes and forms.

Seeing what’s on the table makes it obvious that the combination of the stablecoin USDT as in-game currency and CHP as a bonusing fuel is set for long-term success which is a must to take advantage of as a player.

Best time to join is now

USDT will become the official CoinPoker in-game currency on the 1st, October. The room is marking this significant date by giving away 100,000 GTD in prizes.

Players will be invited to enjoy ‘Crypto Series of Poker’ – the biggest series of crypto poker tournaments that have already become a tradition on CoinPoker, while Cash players will be treated to a two-week Leaderboard rewarding a total of 100 places!

Once registered don’t forget to invite your friends to do the same since CoinPoker referral program awards 30% of what the referrals rake.

Download and start playing!

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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