|12 January, 2020

Huobi and Fam Properties partner to offer secure cryptocurrency payment options for real estate buyers

Licensed by DMCC, the payment solution provides investors legal, safe and seamless transactions

Feras Al Msaddi, CEO, fam Properties

Feras Al Msaddi, CEO, fam Properties

UAE: Huobi, a leading digital assets exchange provider today 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 last decade, this award winning agency is uniquely positioned to provide a 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. 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 provider in the world. This partnership will provide our clients immense opportunity and the ease of investing in prime locations in the UAE. Cryptocurrencies are becoming an increasing 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 a well-tested smooth framework that provide them with an absolute faultless experience.”

“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 specialized team have 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 bring 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.

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About Huobi Group:

Since its establishment in 2013, Huobi Group has been financed by ZhenFund and Sequoia Capital. Its accumulative turnover has exceeded 1.2 trillion USD and once became the world's largest digital asset exchange with a global share of 50%. It has established its offices in Hong Kong, Singapore, Japan, South Korea, United Kingdom, United Arab Emirates and Argentina to deliver its secure and credible digital asset trading to millions of users in over 130 countries

About Huobi OTC DMCC

Huobi OTC DMCC is a part of the Huobi Group, registered and fully licensed by Dubai’s DMCC. Launched in 2018, it has been designed to support large trades for high net worth individuals and institutional traders in the region. The OTC Desk supports multiple currency pairs, has a bank account in the US and is serviced by a specialized team with extensive financial experience. For more information on Huobi, visit www.huobi.com 

About fäm Properties:

Fäm Properties is a tech-driven real estate agency and assist value-seeking investors, landlords, and tenants achieve superior results by offering guidance that is based on both integrity, market statistics and solid market fundamentals. As a member of the fäm Group and with annual revenues in excess of AED 1.8 Billion, fäm Properties is one of UAE’s leading real estate companies. For more information, visit www.fämproperties.com 

Media Contact:
Sharon Fernandes
+97150 191 6232
Sharon@sfactorme.com 

© Press Release 2020

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