31 Aug '14, 3am

igot Launches Dubai’s First Bitcoin Exchange

igot Launches Dubai’s First Bitcoin Exchange

Bitcoin still has a long way to go before seeing regular use worldwide, even in wealthy and rapidly developing countries like the UAE. There was some talk of Bitcoin ATMs in Dubai a few months ago, but other than that, there hasn’t really been much Bitcoin development in the UAE. Perhaps multinational initiatives like igot’s can help spur Bitcoin’s expansion across the globe. For many people, Bitcoin exchanges are the only way to securely and reliably obtain BTC. While there are a few services that offer bitcoins for Paypal and/or credit card, these are riskier than exchanges, and as a result, come with high fees. With the launch of igot’s exchange in Dubai, UAE residents will have a more convenient way to obtain BTC.

Full article: http://www.cryptocoinsnews.com/news/igot-launches-dubais-...

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