Start Any Business (SAB), the leading company setup experts in UAE, has announced that they now accept Cryptocurrencies like Dogecoin, Tron, Binance coin, BUSD, Tether (USDT) payments for company formation and visas. Start Any Business (SAB) has become one of the industry’s companies to accept the most famous cryptocurrencies as per the market value.
By officially getting these cryptocurrencies as a form of payment, Start Any Business (SAB) become the best company in UAE and make its company incorporation and business support services more accessible, reasonable and convenient for investors and entrepreneurs in the UAE and foreigners. The strategic move also builds on SAB’s purpose to accelerate the adoption and development of digital technologies in the country, ultimately positioning the UAE as a borderless business hub.
Dogecoin is a cryptocurrency launched at the end of 2013. The reason is that Dogecoin works much like various other cryptocurrencies is that it gives users the capability to exchange value, over the internet, without traditional financial guards. The market capitalization of Dogecoin is $7.20 billion.
BUSD is a new USD-denominated stable coin authorized by the New York State Department of Financial Services (NYDFS) launched in partnership with Paxos and Binance. You can perpetually buy and reclaim BUSD anytime 1:1 with USD.
TRON is a block chain-based decentralized platform that strives to create a free, global digital content entertainment practice with shared storage technology and provide easy and cost–effective digital content sharing. Its market capitalization is $1.52 billion, and its price is $0.02.
Binance coin is a business cryptocurrency that serves as a payment mode for the fees connected with trading on the Binance exchange. It eventually has its own mainnet launch. The network uses a proof-of-stake consensus model. As of January 2021, Binance has a $6.8 billion market capitalization, with one BNB having a value of $44.26.
Tether was one of the first and foremost of a group of so-called stable coins, cryptocurrencies proposing to secure their market value to a currency or other visible reference point to reduce volatility. Launched in 2014, Tether defines itself as “a block chain-enabled platform created to promote the use of fiat currencies digitally.” In January 2021, Tether was the third-largest cryptocurrency by market cap, with a total market capitalization of $24.4 billion and a per-token value of $1.00.
At Start Any Business (SAB), we are working towards innovating the company setup procedure to make it easier, smoother, and more efficient for entrepreneurs to set up their business in the United Arab Emirates (UAE). Accepting these cryptocurrencies and payment is only one of the steps we are taking to constantly revolutionize how the business setup in UAE is done in the country.
For more information on how to pay for business setup with Cryptocurrencies, please contact us on +971 585791578 or info@startanybusiness.ae.
