CoinMENA launches region’s first cashback offer for cryptocurrency deposits

CoinMENA launches region’s first cashback offer for cryptocurrency deposits

CoinMENA, a digital assets exchange based in Bahrain, announced it has partnered with Beyon Money, a financial service super app powered by Batelco Financial Services, to give users across the Kingdom the chance to earn up to 5% cashback when depositing money into their CoinMENA crypto assets wallets, a first of its kind service in the region.

“This offer is attractive for existing and prospective crypto assets investors as it will encourage further investments and participation in the industry. In addition, it will help address the challenge that investors face when shifting their investment from fiat to crypto and back, ensuring their experience and journey is smooth. This is what differentiates us as a brand and what we intend to build on as we partner with fintech providers like Beyon Money moving forward,” CoinMENA Cofounders, Talal Tabbaa and Dina Sam’an, said in a recent joint statement.

Beyon Money Classic and Platinum cardholders earn 3% and 5% cashback, respectively, for using their cards to deposit into their crypto wallets on CoinMENA.

Beyond the financial benefit, Beyon Money users will now have access to all the benefits and alternative investment solutions offered by CoinMENA, the fastest growing cryptocurrency exchange in the Middle East, averaging a growth rate of 140 percent month-on-month since its establishment.

If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.