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UAE: You can buy Bitcoin for even Dh500


UAE: You can buy Bitcoin for even Dh500
Waheed Abbas/Dubai
Photo: AFP
It s possible to make fractional investment in cryptocurrency.
Bitcoin, the mother of all cryptocurrencies, price has hit an all-time high of $57,026, gaining over 18 per cent last week and more than 92 year year-to-date.
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Its market capitalisation also crossed $1 trillion mark for the first-time ever following increased acceptance by billionaire investors gave it more credibility, the main factor behind its recently rally.
With each Bitcoin priced at $57,100-plus (Dh209,557) on Saturday evening, one wonders whether small retail investors can also invest in the digital currency because it is still rather a new investment avenue for majority of the people around the world. ....

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