What is Dubai Coin and How we purchase DBIX Coin, In Which Platform Dubai Coin Trade
Today, the Dubai coin is the focus of all new channels and websites. Do you know What is Dubai Coin and How we purchase DBIX Coin, In Which Platform Dubai Coin Trade? Lets we discuss this,
Dubai Coin or DBIX coin newly launched Dubai government own crypto coin. A Dubai-based company Arabian Chain Technology launched this coin in the market in August 2020. Today, DBIX gain a focus all around the world because their price is showing a jump of more than 1100% in one day. This has not happened in the past in the cryptocurrency world.
How we purchase Dubai Coin (DBIX) | In which platform Dubai coin is available for Trade.
Dubai Coin is not available on all crypto Platforms. It is a trade and registered on few online platforms. crypto.com is one of them. Anyone can buy or trade-in DBIX on the crypto platform. Today Dubai coin gains too much frame because of the high jump in their price.
Now DBIX trade at $1.13 after achieving 1100% returns in the one day.
Latest News Relating to Dubai Coin | It this coin is good for long term Buy
Currently, there is so much scam news in the market about Dubai Coin. Dubai Coin cryptocurrency was never approved by any official authority, the government said in a tweet. Dubai Coin cryptocurrency was never approved by any official authority. However, unlike a regular currency such as the rupee, it is not legal tender and does not have the backing of a government.
Dubai govt cautions against local crypto DubaiCoin after a 1,100% jump in 24 hours. They tweet and confirm Dubai coin is not approved by the government. Dubai government has warned investors against this digital coin and said it was a phishing scam.
In a statement on Friday, the Government of Dubai Media Office stated that DubaiCoin was never approved by any official authority. “The website promoting the coin is an elaborate phishing campaign that is designed to steal personal information from its visitors,” the government warned.
So, this is not a good time to purchase this coin because there is so much scam news are floating in the market. So, the price of this currency delivers a big fall at any time.
Who Invent or launched DubaiCoin?
ArabianChain Technology that founded the coin claims. Arabianchain Technology is a UAE-based venture that is unlocking the potential of tomorrow’s economy by enabling today’s blockchain innovation.
Arabianchain is the first public, decentralized and consensus-driven blockchain in the MENA region that allows for self-executing and globally accessible smart contracts and decentralized Apps to be developed, and for digital tokens to be transacted, tracked, and safeguarded over a network of thousands of connected yet distributed devices.
It offers “the first public, decentralized and consensus-driven blockchain in the MENA region”.
In Between of scam news they came and denied making any such claim about the cryptocurrency and said that the website was fake. They said “We haven’t made such an announcement, please be cautious. Also this website: http://dub-pay.com/en/ is fake and scam .please be careful,” it said. Dub-pay is the site where the press release was published.