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Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance

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hmmm, so it's binance pay? means you need to be KYC'd to use the service⁠ and you pay using binance's system, their is no proof that you are paying using⁤ real crypto.

Not any different from established payment processors other than when you use binance⁣ pay, you are using "crypto", although I believe that these are paper cryptos not real⁢ ones.
 
Whatever with the KYC, it's something in the right direction to support the cryptocurrency!
 
The days of Binance are over, they routinely block and freeze assets of people according‌ to twitter, and proactively engage with authorities around the world (which i guess is good,‍ unless you are innocent and then are about to deal with lawyers for a few⁠ years proving it).
 
If you have a clean record and opened your accounts with KYC no problems should‌ rise. But you never know.
 
Not your key Not your‍ coin.
Whole concept of Bitcoin is p2p transform without any third party.
 
That is true... but authorities are after all and during the next years I believe‌ it is going to be ultra difficult to avoid KYC when using crypto.
 
No it is not. It is support of cryptocurrency in name‍ only.
I would rather use my credit cards instead.

It works until one day you are shut. And such shut⁣ downs are becoming increasingly common.

Yes, since︂ last summer at best. I would not use them at all.
 
I'd have to disagree, just‍ twitter search Binance Frozen, there's tonnes of normies trading a few shekels having their accounts⁠ frozen for 6-12 months etc.
 
Maybe it is the new way for the type of businesses to make extra money‌
 
I sometimes see that buying a property in Dubai with crypto is possible. How about⁠ renting? Is this common?
 
Depends on the landlord. Not common‍ by default but that does not mean you cannot make it work.
 
cashout your crypto and pay upfront‍ with cash, no need to complicate things and attract unwanted attention.
 
Suggestions on how to best cash out in‍ crypto? My crypto is non-kyc and hasn't touched an exchange.
 
There are local exchanges where you can‍ exchange crypto for cash like coinsfera (they are fantastic, their fess are a little bit⁠ high tho, but can be negotiable) for example,
paxful and binance P2P also works if⁤ you don't mind doing KYC there.
 
no problem‌ 🙂
I forgot to mention, that they (Coinsfera) also allow real estate purchaces with them via‍ crypto, I don't know about renting tho, but it might be possible, the guys there⁠ are professionals (ask for Jaweed, he is awesome) and they may be able to help⁤ you with the rental situation.

Good luck
 
Awesome. Thank you ser.

Out of interest (hope you don't mind), you work in crypto or⁤ more of a side-thing?
 
It depends on how you look at it. If‍ you are asking about me doing day trading and Crypto being my only source of⁠ income, then the answer is no.
And if you are asking if my business operations⁤ involve dealing with crypto, then yes.
Crypto is an integral part of my business operations⁣ across MENA/EU/ASIA, hence middleEuroAsia 😉 .
 
Do you think that buying a property in‍ Dubai with cash (in hand, that you got for selling crypto) will raise less unwanted⁠ attention than buying it using Crypto?
 
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