Here is an innovative idea that Binance can use to improve its services, especially for users in Algeria and the Arab region:
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Idea: "Local Gateway"
Description:
Providing a local service that links local bank accounts or e-wallets such as (BaridiMob in Algeria) to Binance accounts. The service aims to facilitate direct deposits and withdrawals in Algerian dinars, with low fees and fast execution.
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the details:
1. The problem the idea solves:
In Algeria, users are having difficulty transferring funds to Binance due to the lack of reliable e-payment options.
Available options such as brokers are often expensive and unsafe.
2. Proposed solution:
Partnering with local financial institutions (such as Algerian Post) or digital wallets to enable users to link their accounts to a Binance account.
The user can deposit or withdraw directly in his local currency, and then convert it to cryptocurrencies within the platform.
3. Benefits:
Increase the number of users in Algeria and the Arab region.
Improve user satisfaction and reduce their dependence on intermediaries.
Enhancing transparency and security in financial transfers.
4. How to implement:
Binance can partner with local networks like BaridiMob or CIB to enable services like direct bank transfer or e-payments.
Provide a “Local Deposit” option on the Binance platform under the P2P section or on the main deposit page.
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Addition: Strengthening local educational programs
Launching training courses or workshops on trading and investing in digital currencies in the Arabic language.
Supporting “financial education” programs to raise awareness among the poor
You serve how to use cryptocurrencies in their daily lives.
Algerie #Algerie #