Questions tagged [saudi arabia]

Best way to learning about blockchain & crypto knowledge for free here 146 questions

Start on BTCC →
Raffaele Raffaele Fri Jun 07 2024 | 7 answers 1252

Is crypto accepted in Saudi Arabia?|and there are no restrictions on individuals purchasing or spending Bitcoin. Banks, on the other hand, are banned from dealing with the cryptocurrency. The Saudi Arabian Monetary Authority has warned against Bitcoin as it is not monitored or supported by any regulatory body.Bitcoin is legal in Saudi Arabia

Is cryptocurrency accepted in Saudi Arabia? This is a question that many crypto enthusiasts may be asking. It's important to note that individuals in Saudi Arabia are free to purchase and spend Bitcoin without any restrictions. However, banks in the country are banned from dealing with the cryptocurrency. The Saudi Arabian Monetary Authority has also issued warnings against Bitcoin, stating that it is not monitored or supported by any regulatory body. Despite these warnings, it is legal to own and use Bitcoin in Saudi Arabia. So, while the attitude towards cryptocurrency may be cautious, it is not outrightly rejected or banned in the country.

Is crypto accepted in Saudi Arabia?|and there are no restrictions on individuals purchasing or spending Bitcoin. Banks, on the other hand, are banned from dealing with the cryptocurrency. The Saudi Arabian Monetary Authority has warned against Bitcoin as it is not monitored or supported by any regulatory body.Bitcoin is legal in Saudi Arabia
WhisperEcho WhisperEcho Fri Jun 07 2024 | 7 answers 1794

Is Binance in Saudi?|Do I recommend using Binance in the Saudi Arabia? . The platform is well suited for trading cryptocurrencies.The Binance cryptocurrency exchange can certainly be recommended for traders from Saudi Arabia

Could you please clarify for me, is Binance available in Saudi Arabia? I'm quite interested in exploring the use of this platform for my cryptocurrency trading. It seems like a well-suited option given its reputation for trading various cryptocurrencies. However, I'm hesitant to proceed without confirmation of its availability in my country. Would you recommend using Binance in Saudi Arabia, given its features and functionality? I'm eager to hear your thoughts on this matter.

Is Binance in Saudi?|Do I recommend using Binance in the Saudi Arabia? . The platform is well suited for trading cryptocurrencies.The Binance cryptocurrency exchange can certainly be recommended for traders from Saudi Arabia
Pietro Pietro Fri Jun 07 2024 | 7 answers 1712

Which bank allows cryptocurrency in Saudi Arabia?|In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. Alawwal Bank is the first bank opened in the country. The list of other most well-known banks includes Arab National Bank (ANB), Al Rajhi Bank and Alinma Bank.

Could you please clarify which banks in Saudi Arabia currently support cryptocurrency transactions? I've heard that Saudi Arabian bank cards can be used to purchase Bitcoin (BTC), but I'm not sure which specific banks offer this service. I'm aware that Alawwal Bank is one of the first banks established in the country, but are there any others? I've also heard of Arab National Bank (ANB), Al Rajhi Bank, and Alinma Bank as being well-known institutions. Do they also provide support for cryptocurrency transactions?

Which bank allows cryptocurrency in Saudi Arabia?|In Saudi Arabia people may buy Bitcoin (BTC) with all Saudi Arabian bank cards. Alawwal Bank is the first bank opened in the country. The list of other most well-known banks includes Arab National Bank (ANB), Al Rajhi Bank and Alinma Bank.
SeoulStyle SeoulStyle Fri Jun 07 2024 | 5 answers 1142

What is the biggest online store in Saudi Arabia? |Top eCommerce stores in Saudi Arabia leads this market with revenues of US$537.0 million in 2023. Followed by nahdionline.com with sales of US$371.8 million and then amazon.sa with sales of US$313.4 million.jarir.com

Could you please elaborate on the topic of the largest online store in Saudi Arabia? I'm particularly interested in understanding the revenue figures mentioned for the top eCommerce stores. Could you tell me more about how these figures were determined and what they represent in terms of market share? Additionally, how does the leading store, jarir.com, stand out from its competitors like nahdionline.com and amazon.sa? What are the key factors that contribute to its success in the Saudi Arabian market?

What is the biggest online store in Saudi Arabia? |Top eCommerce stores in Saudi Arabia leads this market with revenues of US$537.0 million in 2023. Followed by nahdionline.com with sales of US$371.8 million and then amazon.sa with sales of US$313.4 million.jarir.com
Raffaele Raffaele Fri Jun 07 2024 | 0 answers 0

Is crypto allowed in Saudi Arabia?|Several nations have outright banned digital currency, while others have tried to cut off any banking and financial system support essential for its trading and use. Some of the countries where are: Qatar. Saudi Arabia.cryptocurrency is illegal

Is it permissible to engage in cryptocurrency transactions in Saudi Arabia?|It is noteworthy that several countries have implemented outright bans on digital currencies, while others have sought to sever any banking and financial system ties crucial for the trading and utilization of such currencies. Among the nations that have taken such measures are Qatar and Saudi Arabia, where cryptocurrency activities are deemed illegal. Could you elaborate on the legal status of cryptocurrency in Saudi Arabia and any potential consequences for individuals or entities involved in such transactions?

Is crypto allowed in Saudi Arabia?|Several nations have outright banned digital currency, while others have tried to cut off any banking and financial system support essential for its trading and use. Some of the countries where are: Qatar. Saudi Arabia.cryptocurrency is illegal

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users