- 1 Overview of MenaPay
- 2 Blockchain
- 3 Network
- 4 Regulation
- 5 Support
- 6 Transactions
- 7 How do I buy MenaPay?
- 8 What coins are similar to MenaPay?
- 9 What hashing algorithm does MenaPay use?
- 10 What is MenaPay?
- 11 What is the Reddit page for MenaPay?
- 12 What is the value of MenaPay?
- 13 Where can I get MenaPay wallet?
- 14 History of MenaPay
Overview of MenaPay
Hanadi Ahmad Khadher.Built with blockchain technology and founded in February 2018, MenaPay aims to serve more than 440 million people in the region by providing a fully Islamic Finance compliant and convenient payment solution for people and companies in MENA region and targets to reach 10 million users in 2019.H.Hanadi Ahmad Khadher together. In order to achieve those goals, recently MenaPay added an important name to its board members, Princess of Kingdom of Saudi Arabia, H.Moreover, MenaPay partners with and receive advice from valuable names of blockchain world.The first fully Islamic Finance compliant payment gateway in the Middle East and North Africa (MENA), MenaPay targets to serve the 84% unbanked population of the Middle East and North Africa and creates a stable cryptocurrency to integrate this unbanked people to the digital transformation process of finance in the region.To build a bridge between the Middle East and North Africa and the wider blockchain ecosystem, MenaPay held a productive workshop and brought Miko Matsumura, one of the top blockchain gurus and cofounder of Evercoin and Saudi Princess H.
Users can gain access to MenaCash both offline through a reseller network of brick and mortar establishments or the app itself.
After discussing the structure of MenaPay with key opinion leaders of the Middle East, Miko Matsumura stated that MenaPay is a quite promising business in terms of the blockchain technology it provides and the region it focuses and said: “MENA is an important gateway to a much larger footprint.As MenaPay expand and the vision it access is probably one of the largest population on the planet.During this VIP meeting; Miko Matsumura, Princess H.Hanadi and investors talked about the usage of blockchain payment system and how it will change daily life and financial system in MENA region and how MenaPay will comply with the local regulations and Islamic Finance.I think it is a very meaningful entry point.”
MenaPay is a safe and transparent payment network for any user and every aspect of everyday life.MenaPay uses stablecoin MenaCash which is equivalent to one US dollar.MenaPay, one of the first blockchain mobile based payment system in the MENA based on Stellar blockchain platform aims to support digital transformation and become one of the most commonly used applications in the region.
Thus MenaPay focuses on building a large community of consumers and merchants who will utilize MenaPay as their primary method of payment for any digital business such as ecommerce, and any online/offline or traditional P2P transaction for each and P2P cross border transactions.
How do I buy MenaPay?
It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including MenaPay.
What coins are similar to MenaPay?
The following coins use MenaPay’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, FTX Token, Maker, Crypto.com Coin, Huobi Token, Dai, Polygon, Chiliz and Holo.
What hashing algorithm does MenaPay use?
MenaPay is a coin that uses the ETH Token algorithm.
What is MenaPay?
MenaPay has been designed to comply with Islamic finance requirements.The MenaPay Platform does not use or give interest, and proves this via witnesses thanks to the blockchain technology.The MenaPay Platform shares the revenue of the platform with the MenaPay Token Holders in accordance with Islamic finance approach.As a result of this structure, MenaPay is expected to help the digital transformation of the region.
What is the Reddit page for MenaPay?
The official Reddit community (subreddit) for MenaPay is r/MenaPay.
What is the value of MenaPay?
One MenaPay (MPAY) is currently worth $0.02 on major cryptocurrency exchanges.You can also exchange one MenaPay for 0.00000033 bitcoin(s) on major exchanges.The value (or market capitalization) of all available MenaPay in U.S.dollars is $2.48 million.
Where can I get MenaPay wallet?
MenaPay produces its own wallet software that is available for download on its website, which allows you to store MenaPay on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.