UAE’s Crypto Scene: Investors Flock to BTC & DigiToads

• Crypto Friendly UAE has seen a surge in Bitcoin and DigiToads investors.
• The light-touch regulation approach has attracted capital and talent to the UAE, making it a global crypto hub.
• Investors in the UAE are turning to BTC and TOADS due to its convenience in providing broad DeFi exposure and its deflationary model.

Crypto Friendly UAE

The United Arab Emirates (UAE) is leading the race for innovation-friendly regulation, creating an opportunity for crypto enterprises. This light-touch regulation has attracted capital and talent from all over the world, making the UAE one of the most prominent hubs for digital assets.

Investors from UAE Turning to BTC & TOADS

On-chain data shows that Bitcoin (BTC) and DigiToads (TOADS) remain among the most popular choices for investors from this emerging market. The success of TOADS’ presale, which raised more than $5.9 million, is partially attributed to its convenient access points into broad DeFi exposure as well as its aggressive deflationary model employed by $TOADS token holders.

The Swamp: Features of DigiToads Ecosystem

DigiToads have created an ecosystem called ‘The Swamp’ which provides numerous features that are aimed at growing overall value within the protocol. These features include Toad-Cade, a play-to-earn game where players battle toads with a chance of winning $TOADS tokens from a seasonal prize pool as well as Platinum Toads initiative which allows traders chosen from within the community to trade different digital assets with the protocol treasury while keeping 10% of profits generated.

Benefits of Holding TOADS Tokens

Holding $TOADS tokens means that investors benefit from overall DeFi growth alongside talented traders without having to do any trading themselves through simple token ownership. In addition, taxes are leveraged on these tokens which reduces their total supply leading to further gains for existing holders .

Conclusion

It is easy why DigiToads has become so popular amongst investors in UAE due its convenient access point into broad DeFi exposure coupled with its aggressive deflationary model employed by $TOAD tokens holders – making holding these tokens an attractive prospect that benefits both experienced traders and casual holders alike