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Official Token Sale Launched for First Muslim DEX DahabSwap - India Blogger

Cryptocurrency has been banned in the Muslim world for a long time. Tokens and coins were equated with gambling and with baseless high-risk assets prohibited by the Qur’an.

But the practicality of digital technology has proven that cryptocurrencies can be allowed for Muslims. Every day, crypto technology is getting permission from Muslim scholars, which opens a huge tap for Arab investment, and new Arab crypto projects are coming into the market.

Dahab is a major Muslim crypto asset

Dahab Alilam – which translates to “gold of the whole world” in Arabic – is the main platform for modern financial solutions built on the principles of Islamic law and Shari’a.

The construction of the Muslim Crypto project lasted more than two years. In collaboration with Muslim scholars, Dahab’s developers respected every point of the project so that it fully complies with Islamic law and does not violate Sharia.

This makes dahab an easy one for all modern Muslims around the world as bitcoin is still banned in some Muslim countries.

Dahab’s digital ecosystem provides unique digital products that will be useful not only to Muslims. Dahab is becoming an effective medium between traditional financial services and crypto technologies.

DEX for Halal Token Exchange

DahabSwap is the world’s first DeFi exchange to swap cryptocurrencies that are compliant with all Islamic laws.

This allows millions of Muslims who are interested in crypto and invest to buy and sell cryptocurrency without researching these assets for haram or halal.

DahabSwap moderators conduct thorough research and investigation on each crypto asset prior to listing.

The selection of listing candidates goes through several stages to thoroughly examine the crypto project for the complete absence of haram: riba (unfair interest), harar (insecurity), mesir (gambling signs), sinful assets (participation in porn) , intentional harm, fraud), and speculation).

One positive side effect of strictly selecting cryptocurrency projects is the added confidence in the investment. As practice shows, by investing in completely Halal projects, you have a better chance of making a profit even in a volatile global market. DahabSwap will be launched in Q1 2023.

DahabApp is the head of the project

The main user product of the project is the DAHAB App System, a mobile app that allows you to take advantage of crypto in your daily life.

It is your digital financial avatar to manage your finances and investments as well as communicate and pay for digital products and services like YouTube Music, Netflix, Uber, Amazon, etc. All these features, together with the project’s internal products such as DahabSwap, come together in the DAHAB app.

The first version of this app will be made in the second quarter of 2023.

DHB Token for the DAHAB Ecosystem

The Dahab ecosystem requires seamless maintenance, accounting and integration into the next generation digital economy.

The DHB token smart contract technology, which was created solely to support and maintain Dahab Alealam’s unique products, helps address these challenges.

The DHB token on DahabSwap performs the main function of exchange among the available cryptocurrencies. If the holder wishes to exchange BUSD tokens for SOL, he must pay a fee for this transaction exclusively in DHB tokens.

In this way, users ensure that the DEX exchanger and Dahab’s indirect products operate completely and smoothly.

Every time someone trades on the DAHAB DEX, the user pays a commission of 0.2%, of which 0.14% is given as a reward to the liquidity provider. Another option for DHB holders to earn extra is staking. User gets opportunity to earn extra up to 100% of APR.

The DHB token is also a maintenance token for DahabApp. With Crypto, you can make regular payments to familiar services like Netflix or Spotify, convert cryptocurrency to fiat, make international transactions, and earn extra income from your DAHAB investments.

In order for our app to be fully operated and maintained, it will initiate commissions and subscriptions through fees in the form of DHB tokens.

Dahab Token Sale Open to All

Of the potential 19 billion DHB tokens for the open round, developers have allocated 1.33 billion, corresponding to 7%. The first chapter of TokenSale DHB has now launched on the official website dahabalealam.com.

Now every interested crypto investor can choose for himself the most profitable purchase option.

The first option is more profitable for investors in terms of price – Value of DHB Op.1 = $0.0006.

Also, this method of investment may be more convenient for most Dahab members as it is a fully automated swap system: it allows you to connect your wallet to the official website and exchange BUSD or USDT for DHB tokens It is adequate. The minimum purchase amount is $100.

Option #1 provides lock tokens for six months from the date of purchase. Immediately after payment, your DHB token goes into the lock, which is linked to your wallet.

After six months, you will have the option to withdraw from the pool – you can fully manage all the purchased DHB properties.

The second option may seem more appealing to many participants, as DHB tokens go directly to your wallet without locking up.

In this case, you only need to transact on one of the proposed DAHAB addresses and specify your BEP20 address to receive your DHB tokens.

Because there is no blockchain for Op.2, the price of the token is higher than for Op.1 = $0.0012. In this case, the minimum purchase amount is increased to $500.

The advantage of Op.2 will be early access to the staking pool up to 100% APR. Option #2 can be used on the official website or the official Telegram support bot

Join the social network of the DAHAB project, and follow and participate in the development.

Social Channel: Telegram | Twitter
The first Muslim DEX appeared on BeInCrypto after the official token sale of DahabSwap launched.

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