Review on DubaiCoin by Toprak Dere
About DubaiCoin
With the incredible development of the crypto money market, we see that many different cryptocurrency brands are now part of the industry. In this sense, states are now starting to provide different services with the coins they have produced in this way. In recent years, many states in the Arab world have made the use of coins official in this sense. One of them was Dubai. The local government here has activated the coin traded in the market with the abbreviation DBIX. This coin, which stands out with the advantages it provides, ensures that payment transactions are made both quickly and securely. Therefore, it is used by a wide range of people.
Since the ecosystem created with DBIX is government-backed, it can be used for all payments that ordinary citizens need to make. At the beginning of these, in the simplest form, public transportation costs come. This coin can be actively preferred for travels in the city. In addition, it is possible to use coins for daily expenses, school installments and many other areas. In this way, both time is saved and transactions are done faster. Payments to be made to the government attract attention with the inclusion of all official and informal expenses. In addition, those who come to this country from abroad and want to invest here can easily choose the existing coin.
Pros
- state-backed cryptocurrency
- ensures that payment transactions are made both quickly and securely.
Cons
- not listed on most exchanges
- not much users outside of emirates
- value is very low
