Huobi has announced that it has partnered with fäm Properties to offer secure crypto payment options for its real estate investors, offering more payment flexibility with this new service. fäm Properties was recently honoured by the Dubai Land Department (DLD) following over AED 10 billion sales during the last decade. The company is now offering this distinctive proposition for its individuals and institutional clients to buy and sell property using cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and other top cryptocurrencies including stable coins.
“Cryptocurrencies are reshaping the payment options for the real estate industry. Huobi has the liquidity and the resources to be able to meet the customer’s demands and provide a seamless experience” said Mohit Davar, Co-Founder, Huobi OTC DMCC. “In this era of digital financial engagement, we are glad to have partnered with UAE’s leading real estate agency fäm Properties to meet their client’s aspirations.”
Huobi’s OTC desk has the ability to support top fiat currencies such as Dirhams (AED), US Dollars (USD), Euros (EUR) and Pounds (GBP) with more being added constantly. Huobi OTC is licensed by DMCC, ensuring fäm’s customers a seamless transaction experience that is legal, fully compliant, safe and secure along with the benefits of competitive pricing and instant transfers. Such crypto payment methods will help bring stability and improve liquidity in the market.
Feras Al Msaddi, CEO, fäm Properties said, “Over the past 12 years, fäm Properties has built its reputation on absolute integrity and trust. Hence, we have selectively partnered with Huobi – one of the largest and preferred digital assets exchange providers in the world. This partnership will provide our clients with immense opportunity and the ease of investing in prime locations in the UAE. Cryptocurrencies are becoming an increasingly 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. This cooperation between fäm Properties and Huobi will allow real estate investors to leverage on a well-established and well-tested smooth framework that provides them with an absolutely faultless experience.”
Huobi claims its specialised team has vast financial and trading experience providing fäm clients with a personalised, private and totally secure experience. “Clients are assured an outstanding personal-touch service at every step, from the initial expert consultation all the way to the final trade execution for the property, ensuring that all questions are answered throughout the process. Huobi is committed to bringing the best in market client-experience to support its customers around the world. This new service is another milestone in our journey and will be expanded to more verticals ranging from automotive, retail, luxury goods to offer both our clients and customers the opportunity of choosing crypto as a payment option,” the company said in a statement.