Copy link
Increase text size
Decrease text size
Link copied

Huobi and fäm Properties to offer crypto payment methods to real estate investors

Image by Pexels from Pixabay

Tue, 14 Jan 2020, 07:07 am UTC

fäm Properties, a tech-driven real estate agency, is opening its doors to cryptocurrencies, AME Info reported.

Real estate investors will now have more options when they invest in prime locations in the UAE because one of the real estate agencies is willing to offer crypto payment methods for flexibility. fäm Properties has partnered with cryptocurrency exchange Huobi to secure crypto payment options for real estate investors.

fäm Properties is one of UAE’s leading real estate companies. Just recently, Dubai Land Department (DLD) recognized them for making AED 10 billion sales in the last decade.

Meanwhile, Huobi OTC is licensed by Dubai Multi Commodities Center (DMCC). Under the partnership, Huobi will ensure that fäm Properties’ clients experience a seamless transaction process that is legal and secure. The customers will be assisted at every step until the trade for the property is executed.

With its new crypto payment method, the agency’s clients can buy and sell property using different cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), among others. Huobi supports top fiat currencies including Dirhams (AED), US Dollars (USD), Euros (EUR) and Pounds (GBP). More currencies are added constantly.

Feras Al Msaddi, CEO of fäm Properties, is confident about their partnership with Huobi. According to him, their alliance will give their clients huge opportunities. He added that by offering a new payment method, they will make more property transactions and bring more value to the real estate market.

“This cooperation between fäm Properties and Huobi will allow real estate investors to leverage on a well-established and a well-tested smooth framework that provide them with an absolute faultless experience,” Msaddi said of their partnership.

Just recently, Japan’s Financial Services Agency (FSA) announced its plan to limit the leverage in cryptocurrency margin trading to twice the deposit of traders. FSA came up with the decision based on the price fluctuations and cryptocurrency regulations in Europe and the United States.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.05.04 04:22:59
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more me on whatsapp :+12067425358 happy new year to you all
  • 0
  • ·
  • 0
  • Bitcoin (BTC) $11,807.00 (+2.45%)
  • Ethereum (ETH) $440.26 (+11.28%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Chainlink (LINK) $16.92 (-5.66%)
  • Bitcoin Cash (BCH) $296.36 (+4.02%)
  • Bitcoin (BTC) $11,807.00 (+2.45%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.