Wednesday 18 October 2017
 
»
 
»
Story

Amit Lakhan presents a memento Sheikh Saqer

Money Trade Coin listed on cryptocurrency exchange

DUBAI, 28 days ago

Money Trade Coin, a cryptocurrency, was listed on NovaExchange today and trading was launched immediately, the company said in a statement.

The listing event was held at Burj Al Arab, Dubai, UAE, and was attended by Sheikh Saqer Al Nahyan along with a list of 40 VIP guests including Sheikh Jumaa Al Maktoum and Faisal Almaazmi, director of Greenland Capital Properties, and Khaled Abdulla, head of communications Mena at Barclays.

Money Trade Coin founder and CEO Amit Lakhanpal promised earlier this year to list the newly created coin on at least one cryptocurrency public exchange and today delivered on the promise, a statement said. The next step is to go live on more than four exchanges to including: C6, Coinex, Poloniex and their own private exchange.

"The listing of Money Trade Coin announced out of Dubai, became a bold statement that the economy has evolved towards the adoption of the new technologies as a complementary tool to support the traditional applied methods. The investors' demand has increasingly shifted from the traditional practices to the digital currency as a secure alternative to safeguard wealth, eliminate costs, increase efficiency and flexibility, and save time while transacting," the statement said.

Money Trade Coin is unique in its features by being a registered, certified entity with a recognised owner and founder in Amit Lakhanpal, a well-known businessman who heads the Flintstone Group whihc has under its umbrella several companies covering real estate, construction and equipment, technologies, Infra solutions, general trading, media and movie production, hospitality and entertainment.

Money Trade Coin, reflecting the vision of its owner, has also launched the Cryptocurrency E-Academy, aiming to educate the younger generation about the benefit of using and trading in digital currencies, and an online service e-Portal. The management is committed to set-up other businesses such as e-commerce and e-travel desk, all based on the Money Trade Coin, the statement said.

Money Trade Coin trading platform offers the possibility to interexchange and trade in different cryptocurrency coins such as BitCoin, Ethereum, Ripple, Moreno, and others and in the future it will allow the trading of all the 1,088 listed coins, it said.

Acquiring Money Trade Coin is currently limited to the transfer of existing Bitcoin, creating the wallet. However, Lakhanpal aims to facilitate the acquisition via other methods such as: online gateway (by credit/debit cards and paypal ) and traditional banking swift transfers, it said.

MTC management has launched the process to establish itself in Dubai, supported by the office of Khalifa Bin Huwaidan Al Ketbi Advocates and Legal consultants, its legal partner and is in the process of applying before the relevant authorities for the purpose, said the statement.

Money Trade Coin offers an ultra-secure wallet through multi-level verifications and is the world’s first fully secured Cryptocurrency, it said. - TradeArabia News Service




Tags: Dubai | Money trade coin | cryptocurrency |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads