973 Crypto

BBK (Bank of Bahrain and Kuwait) signs a historic Memorandum of Understanding (MoU) with Binance, the largest blockchain ecosystem in the world, to become the first bank in the Gulf Cooperation Council (GCC) countries to join the Binance Link program.

This partnership aims to achieve the first of its kind "Crypto-as-a-Service" integration in the region, which is pending final regulatory approval from the Central Bank of Bahrain (CBB).

Key aspects of the initiative:
• Integration: Bank of Bahrain and Kuwait will integrate Binance's "Crypto-as-a-Service" solution (White Label) directly into its mobile banking application using APIs.
• Customer Experience: Customers will be able to trade and manage crypto assets seamlessly through a dedicated dashboard in the BBK Mobile app, combining their traditional and digital investments on one platform without the need for a separate account on Binance.
• Strategic Goal: This collaboration enhances the Kingdom of Bahrain's position as a leading regional hub for innovation in crypto assets and supports BBK's commitment to digital transformation and its "embedded banking" strategy.

https://www.bbkonline.com/on-the-sidelines-of-gateway-gulf-2025-bbk-signs-landmark-mou-with-binance-for-first-of-its-kind-crypto-as-a-service-integration-in-the-gcc/

The launch of GFH Financial Group (GFH) and Binance's first integrated cryptocurrency payment solution with a bank in Bahrain.

The key points of the initiative include:

- The initiative seamlessly integrates traditional finance with blockchain technology.

- GFH is the first financial institution in Bahrain to enable real-time transactions from cryptocurrencies to fiat currency.

- GFH customers can use Binance Pay directly within the GFH app to fund their investments in real-time.

This collaboration supports Bahrain's Economic Vision 2030 and aims to enhance financial innovation and digital culture in the Kingdom.

Binance Bahrain x GFH Annoucment

Many people do not know this information, residents of the Gulf Cooperation Council (except for the UAE) can officially hold two accounts with Binance!

The first account: Binance Global
The second account: Binance Bahrain

As of May 13, Binance is updating the Alpha Points system! 🔥

What does this mean? 🤔
When you participate in Binance subscriptions or Alpha distributions, a specific number of your points will be deducted. 💰

Stay tuned for more details in the coming days, as announced by Binance today! 👀

April Binance Recap! 🗓️

Binance Wallet TGE + Alpha Airdrops + Launchpool + Megadrop = $PUMP, $STO, $KERNAL, $BABY, $FHE, $WCT, $PROMPT, $INIT, $GM, $BANK, $EPT, $HYPER, $ZORA, $DOLO, $AIBOT, $SIGN.

One of the most important things to do in cryptocurrencies is to store coins in earnings products or EARN

The return rates on some coins are very rewarding, especially for those investing in certain coins for the long term.

🗓️ Next week's gonna be interesting!

$KERNEL - April 14th
$WCT - April 15th
$PAWS - April 16th

Seeing lots of chatter and debate about CEX listings (with Launchpool, Airdrop or other CEX incentives) vs. airdrop farmers.

Truth is, some folks will complain either way. Remember $PX?
DEX-only listing, still saw a dump & complaints.

Maybe the issue isn't the method, but airdrop farmers misunderstanding the goal. 🤔

Steps to register with Binance Bahrain!

Create a new account with Binance (through the app or browser) and then select your country of residence.

While selecting your country of residence, you will see the option to register with Binance Bahrain.

The countries that can register with Binance Bahrain are: Bahrain, Saudi Arabia, Kuwait, Oman, Qatar, and South Africa.

Binance announces the upgraded version of the page dedicated to the Launchpool and the page dedicated to ⁦‪$BNB‬⁩

The new page for the Launchpool allows you to follow and view all previous distributions in detail and clearly.

For HODLer Airdrop - MegaDrop - Launchpool projects.

In addition to the changes on the ⁦‪BNB‬⁩ page, the main changes are:
- The ability to view the benefits and uses of the BNB token.
- An overview of the distributions that can be obtained through ⁦‪BNB‬⁩.
- An overview of the distributions and returns for holders of the ⁦‪BNB‬⁩ token.

The link to the BNB page on Binance is:
صفحة BNB على بينانس

CZ burned four cryptocurrencies that he had previously acquired, with significant total values. These currencies are:

• 45.5 million coins of TUT, valued at 1.95 million dollars.
• 10 million coins of BROCCOLI, valued at half a million dollars.
• 798 million coins of BROCCOLI, valued at 1.1 million dollars.
• 180 million coins of MUBARAK, valued at 350 thousand dollars.

The process of burning cryptocurrencies is an operation in which an individual or a group of individuals permanently removes a portion of the circulating coins, thereby reducing the total supply of the currency.

Funding/Deposit Methods for Binance Bahrain Account:

1. Deposit local currencies, such as Bahraini Dinar, Kuwaiti Dinar, Omani Rial, and UAE Dirham
* Deposits are made via bank transfer to the Binance Bahrain account at the bank, and then the balance will appear in your Binance Bahrain account
Note: There are no fees from Binance for deposits via bank transfer

2. Deposit by purchasing via debit card, any card that supports Visa or MasterCard or Apple Pay

3. Deposit by internal transfer from another account in Binance

4. Deposit by transferring cryptocurrencies from another platform or external wallet

Withdrawing an amount from Binance Bahrain to my bank account

> Executed the withdrawal from Binance at 3:10 AM

> Received the amount in my bank account at 10:33 AM

Time taken approximately 7 hours with a fee of only 150 fils 🤝

The best way to withdraw cryptocurrency profits is through Binance Bahrain - without any issues with the bank

A reliable and official alternative (licensed by the Central Bank of Bahrain) for withdrawal instead of using a person-to-person (P2P) service ✅

#BinanceBahrain

Statistics of the currencies that have been subscribed through the Binance wallet

If you are traveling to the Kingdom of Bahrain and you are a Binance user - there is great news for you.

Binance users traveling to Bahrain do not need to exchange currency, because
Binance transactions are accepted in Bahrain and payment is made via Binance Pay.

In 2023, a partnership was formed between Binance and EazyPay.

Through this partnership, you can pay in retail stores directly via Binance without any fees!
You can shop at most retail stores such as:

- Jasmi's, Burger Land, Lumi, and many more.
- Lulu, Carrefour, and the most famous supermarkets.
- Adidas, Sharaf DG, and Doz and Derby cafes.