UAE – Mubasher: The Golden M Group on Monday revealed that the UAE market is expected to welcome the entry of COIN M, a new gold-based, Sharia-compliant cryptocurrency, prior to the end of 2019.
Through a safe and guaranteed low-risk investment scheme, the gold-based digital currency will give the working class the chance to double their investment within a year, according to a press release.
“Backed by a tangible, real-world asset, the new cryptocurrency is less subject to the price volatility of first-generation cryptocurrencies,” the release highlighted.
COIN M, the first of its kind in the Middle East, offers all income level investors an open and inclusive environment with a starting investment of as low as $100.
Mustafaa Motiwala, founder and CEO of The Golden M Group, said: “The upcoming launch of COIN M will undoubtedly have a global impact as it is a one-of-a-kind scheme empowering the working class to safely invest in a new cryptocurrency that is gold-based and Sharia-compliant. Unlike most investment opportunities, investors will have a chance to double their investment within a year.”
The COIN M logo was recently unveiled at a press conference held on a private yacht in the UAE that was managed by Uniquorn Studio LLC.