MRHB, The First Halal DeFi Token, Makes Maiden Foray into European Markets with EUR Trading

MRHB, The First Halal DeFi Token, Makes Maiden Foray into European Markets with EUR Trading Pair on Bitlocus Exchange
DUBAI, UAE - July 28, 2022 - PRLog -- MRHB.Network, the first decentralized finance platform committed to supporting ethical and halal crypto products, has listed the $MRHB token on the Bitlocus crypto exchange and now offers EUR trading against its native token. In addition to its USDT pair, the new trading pair MRHB/EUR is part of the halal token's foray into European markets, enabling crypto users to make instant fiat-crypto conversions.

Bitlocus is the fourth global centralized exchange to list MRHB, including LBank, BitMart and CoinTiger. The token can also be traded on PancakeSwap, a leading decentralized exchange.

"This listing on Bitlocus marks another milestone for MRHB and we are pleased to expand our range and offer token holders the option to trade $MRHB against the EUR," said MRHB DeFi Network CMO, Umut David Gulasi. "Lowering the barriers to buying crypto with fiat is a crucial step in onboarding more users. By providing a bridge between crypto and fiat, we can offer a more convenient and better trading experience for our community, taking us a step closer toward mass adoption of $MRHB."

The listing in Bitlocus comes as part of a long term and wider partnership between the two entities, where Bitlocus will facilitate MRHB expansion to the European markets through the services and products of its various sister entities. Incidentally, Bitlocus has been one of the earliest allies and supporters of the MRHB Team since its ideation phase.

"MRHB DeFi Network is a highly respected DeFi project looking to make the cryptoverse a better place. We are delighted to list their MRHB token on our exchange to support communities looking for ethical cryptocurrency solutions," said Andrius Normantas, CEO at Bitlocus.

The Bitlocus cryptocurrency exchange was founded in 2018. Based and registered in Lithuania, they are under the strict, trustworthy regulation of the EU. Bitlocus offers spot trading of more than 16 tokens and cryptocurrencies with EUR as the base currency, along with a fiat on/off-ramp.

The MRHB DeFi platform is built specifically to help onboard communities previously excluded from cryptocurrency, such as the world's 1.8 billion Muslims representing a financial market worth about US$3 trillion. To ensure the decentralized finance ecosystem is halal, and therefore permissible for Muslims to use, the MRHB DeFi team employs an advisory board that vets all cryptocurrencies and services on the platform according to strict ethical and halal guidelines.

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