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Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products

Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products

Biz Bahrain30-04-2025

Daleel, the Middle East's leading personalized financial marketplace has announced it will integrate and showcase cryptocurrency products from Binance, the world's largest crypto exchange by trading volume. Through the Binance Link Program, Daleel will be able to access the top 10 crypto trading pairs from the largest and most liquid crypto exchange.
Daleel will become the first financial marketplace in the Middle East to present and compare information on cryptocurrency products alongside traditional financial services such as credit cards, loans and mortgages.
This will ensure that users of Daleel's platform benefit from greater choice, the ability to seamlessly explore and access a wider range of financial products, while bridging the gap between traditional banking and digital assets. Recent studies indicate that crypto adoption and demand is high in the region, with nearly a third of residents in the UAE alone already owning digital assets.
Tameem Al Moosawi, Binance Bahrain GM, commented: 'Cryptocurrency is being embraced around the world and providing access and visibility to crypto within a marketplace alongside traditional financial services will further legitimize crypto as an asset class. By adding cryptocurrency into everyday financial decision-making, we're not just offering more choice, we're defining what the future of finance looks like for millions of customers across the Middle East.'
PK Shrivastava, CEO at Daleel said, 'We're proud to be the first Middle East marketplace to offer crypto pricing from Binance, the largest crypto exchange. Through Daleel, customers in the Middle East will be able to access transparent information about cryptocurrency right alongside more traditional financial products.'
As the leading financial marketplace in the region, Daleel has access to real consumer insight and requirements which can be utilized to enhance its offerings. Daleel will continue to explore opportunities to expand their offerings in the cryptocurrency space.

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Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products
Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products

Biz Bahrain

time30-04-2025

  • Biz Bahrain

Daleel becomes Middle East's first financial marketplace to integrate Binance cryptocurrency products

Daleel, the Middle East's leading personalized financial marketplace has announced it will integrate and showcase cryptocurrency products from Binance, the world's largest crypto exchange by trading volume. Through the Binance Link Program, Daleel will be able to access the top 10 crypto trading pairs from the largest and most liquid crypto exchange. Daleel will become the first financial marketplace in the Middle East to present and compare information on cryptocurrency products alongside traditional financial services such as credit cards, loans and mortgages. This will ensure that users of Daleel's platform benefit from greater choice, the ability to seamlessly explore and access a wider range of financial products, while bridging the gap between traditional banking and digital assets. Recent studies indicate that crypto adoption and demand is high in the region, with nearly a third of residents in the UAE alone already owning digital assets. Tameem Al Moosawi, Binance Bahrain GM, commented: 'Cryptocurrency is being embraced around the world and providing access and visibility to crypto within a marketplace alongside traditional financial services will further legitimize crypto as an asset class. By adding cryptocurrency into everyday financial decision-making, we're not just offering more choice, we're defining what the future of finance looks like for millions of customers across the Middle East.' PK Shrivastava, CEO at Daleel said, 'We're proud to be the first Middle East marketplace to offer crypto pricing from Binance, the largest crypto exchange. Through Daleel, customers in the Middle East will be able to access transparent information about cryptocurrency right alongside more traditional financial products.' As the leading financial marketplace in the region, Daleel has access to real consumer insight and requirements which can be utilized to enhance its offerings. Daleel will continue to explore opportunities to expand their offerings in the cryptocurrency space.

TOKEN2049 Dubai: Binance Returns as Title Sponsor With Focus on Web3 Engagement
TOKEN2049 Dubai: Binance Returns as Title Sponsor With Focus on Web3 Engagement

Gulf Insider

time17-04-2025

  • Gulf Insider

TOKEN2049 Dubai: Binance Returns as Title Sponsor With Focus on Web3 Engagement

In a move to further reinforce its footprint in the region's rapidly growing cryptocurrency sector, Binance has announced its participation as title sponsor at TOKEN2049 Dubai. The event, set to be hosted at Madinat Jumeirah, aims to bring together key players across the blockchain and Web3 ecosystem, offering a platform for dialogue, networking, and collaboration. The announcement comes alongside the launch of Binance's licensed payment services company, BPay in Bahrain, offering fiat services to users in Bahrain. As its operations go deeper in the Middle East's landscape, Binance Bahrain is also keeping its foot on the ground with community and cultural partnerships, such as sponsoring the recent Racing events at the Bahrain Turf Club. Binance has confirmed its strategic alignment with TOKEN2049, a global conference series for digital asset professionals, by returning as the title sponsor for the upcoming Dubai edition from 30 April to 1 May 2025. 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In a statement, Binance described the Clubhouse as a space 'designed for both industry veterans and curious newcomers,' offering opportunities for knowledge-sharing, collaboration, and exploration of the evolving Web3 landscape. The Binance Clubhouse is expected to host games, giveaways, and informal meetups, making it a flexible environment for those looking to connect with the crypto ecosystem at varying levels of experience. It is one of over 1,500 global events held under the Binance Clubhouse umbrella annually, reflecting the platform's growing role in fostering regional and international crypto dialogue. The renewed collaboration with TOKEN2049 also underscores Binance's continued efforts to support platforms that focus on education, regulation, and accessibility in the Web3 sector. TOKEN2049's return to Dubai comes at a time when the city is positioning itself as a central hub for blockchain innovation and digital finance in the region. 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The licence marks the first PSP approval granted to a Binance-affiliated company. It allows BPay Global to act as a payment service provider, acquirer, and e-wallet provider. The company is regulated and licensed by the Central Bank of Bahrain as an Ancillary Service Provider. Tameem Almoosawi, General Manager of Binance Bahrain and BPay Global, stated that the license will support fiat on- and off-ramp capabilities for users. Thomas Gregory, Vice President of Fiat at Binance and Chairman of BPay Global, added that the offering is aimed at providing a more resilient and accessible fiat channel for both consumer and corporate users. In another regional development, Binance sponsored a recent racing event hosted by the Bahrain Turf Club. The sponsorship forms part of its wider engagement with the Kingdom's cultural and business communities. The event featured a series of horse races, each named after elements of the Binance ecosystem. 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Crypto Made Simple: What's The Next Big Things for Binance in Bahrain?
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Gulf Insider

time09-04-2025

  • Gulf Insider

Crypto Made Simple: What's The Next Big Things for Binance in Bahrain?

Bahrain has long positioned itself as a forward-thinking financial hub in the region, and its early embrace of digital innovation is now paying off—quite literally. Picture this: you pull into a petrol station in Manama, tap open the Binance app on your phone, and within seconds, your fuel is paid for in crypto. No need to fumble for cash or cards. It's not just a glimpse into the future—it's happening right now. From paying rent to purchasing real estate, the use of cryptocurrency in Bahrain is steadily moving from the fringes of finance into the heart of everyday life. At the centre of this shift is Binance Bahrain, a company helping redefine the way people engage with money. Thanks to the country's robust regulatory framework, which was among the first globally to introduce crypto-specific legislation, platforms like Binance are thriving in a well-structured, secure environment. 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One of the major areas of growth is through our expanding banking partnerships, particularly within the Binance Pay ecosystem. Through our collaboration with EasyPay, crypto payments are now possible at various petrol stations across Bahrain. If a location has an EasyPay machine, you can simply scan a QR code using the Binance app and complete your payment in seconds. And it's not just about everyday spending. Over the past couple of years, we've facilitated real estate transactions in Bahrain using crypto—some worth a few thousand dollars, others in the millions. The entire process is fast, secure, and fully KYC-compliant. Once the buyer scans the QR code, the transaction is processed by our partner acquirer here in Bahrain, with the crypto conversion handled on the backend—all in a matter of seconds. The aim is to make crypto more accessible to everyone, from long-time users to those just starting out. This partnership allows users to sign up with Beyon Money, complete their KYC, and then link their accounts directly to Binance. Once connected, they can transfer funds between the two platforms in less than a minute. It's secure, efficient, and eliminates the delays and fees associated with traditional bank transfers or credit card payments. We're seeing steady, linear growth. At the moment, we're keeping it intentionally contained as we continue fine-tuning the experience. That said, as Beyon Money expands and secures more licenses on a regional and global scale, we anticipate much broader adoption. The infrastructure is in place—we're ready to scale as the demand grows. Regulation is key to long-term trust and growth in this industry. At Binance, we believe in working closely with governments to build strong, progressive frameworks that protect users and promote innovation. Every market is unique, and we tailor our approach to align with regional needs. 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