Huobi, a digital assets exchange provider, has announced that it has partnered with Dubai-based Fäm Properties to offer secure crypto payment options for its real estate investors.
Fäm Properties, which was recently honoured by the Dubai Land Department (DLD) following over AED10 billion sales, is offering its individuals and institutional clients the opportunity to buy and sell property using cryptocurrencies such as Bitcoin, Ethereum and Ripple.
It said in a statement that Huobi is licensed by DMCC, ensuring that customers a seamless transaction experience that is legal, fully compliant, safe and secure along with the benefits of competitive pricing and instant transfers.
It added that such crypto payment methods will help bring stability and improve liquidity in the market.
Feras Al Msaddi, CEO, Fäm Properties said: “We have selectively partnered with Huobi – one of the largest and preferred digital assets exchange provider in the world. This partnership will provide our clients immense opportunity and the ease of investing in prime locations in the UAE.
“Cryptocurrencies are becoming an increasing popular payment method, across all world class cities, and this added choice will increase our property transactions and bring more value to the real estate market here… see more