The use of cryptocurrencies in daily payments is very important for the future of the industry. An important development in this regard came from Dubai. In the announcement made by Binance CEO CZ; It was said that Dogecoin, BTC and additional altcoins will now be accepted as payment methods in a giant mall via Binance Pay.
29 malls and 13 hotels now accept Dogecoin and these altcoins
Dubai-based mall Majid Al Futtaim is now Dogecoin (DOGE), Bitcoin (BTC) and Ethereum (ETH) as payment with Binance Pay. The announcement was made by Binance CEO CZ recently.
29 shopping malls, 13 hotels and four mixed-use communities, now accepts #crypto through #Binance Pay.
Adoption continues. #BNBhttps://t.co/eJHxiA9Wwu
— CZ 🔶 Binance (@cz_binance) May 31, 2022
Shiba Inu competitor Dogecoin (DOGE) Bitcoin (BTC) and Ethereum (ETH) are now accepted at 29 malls, 13 hotels and four mixed-use communities in the United Arab Emirates. For this, Majid Al Futtaim has signed a partnership with Blockchain ecosystem and cryptocurrency infrastructure provider Binance.
Binance Pay mediates payments
The partnership signed between both parties allows MAF to integrate BinancePay into its business and allows customers to receive Bitcoin, Bitcoin at various locations of Majid Al Futtaim. It will allow them to buy with cryptocurrencies such as Ethereum and Dogecoin.
Additionally, the holding is also partnering with Binance, including listing NFTs on the Binance platform and creating a digital wallet infrastructure to hold cryptocurrencies from multiple platforms. aims to work on multiple Blockchain projects. Regarding the event, Alain Bejjani, CEO of Majid Al Futtaim said:
The exponential speed of technology development today only matches consumers’ insatiable appetite for exceptional customer experiences in both the physical and digital worlds.
Binance CEO and co-founder Changpeng Zhao said:
Integrating Web3 technologies gives customers access to innovative new ways to interact with their brands and provide new ways of payment. Through partnerships like this, we will see innovative use cases emerge that come to define the next digital age, and Majid Al Futtaim is positioned to lead the way in bridging the gap between physical and Web3 experiences.
Binance Pay is a secure user-to-user payment gateway on Binance App that enables users and investors to pay, send and receive crypto payments all over the world with zero fees. BinancePay currently accepts the following cryptocurrencies.
- ADA, ATOM, AVA, BCH, BNB, BTC, BUSD, CTSI, DASH, DOGE, DOT, EGLD, EOS, ETC, ETH, FIL, FRONT, FTM, GRS, HBAR, IOTX , LINK, LTC, MANA, MATIC, NEO, OM, ONE, PAX, QTUM, STRAX, SXP, TRX, TUSD, UNI, USDC, USDT, VAI, VET, WRX, XLM, XMR, XRP, XTZ, XVS, ZEC , ZIL
