Sinbad provides a non-custodial wallet and a peer-to-peer trading platform for cryptocurrencies, enabling users in the MENA region to buy, sell, and transfer digital assets like USDT and Bitcoin with minimal fees and no gas costs. The platform supports over 20 local payment methods, ensuring secure and instant transactions while allowing users full control over their funds.
Funding
Funding not disclosed
Founders
Product
Problem
In the Middle East and Africa (MENA), access to cryptocurrency trading is often limited by high transaction fees, gas costs, and a lack of support for local payment methods. This makes it difficult for individuals to participate in the digital asset market and control their funds effectively.
Solution
Sinbad provides a non-custodial wallet and peer-to-peer (P2P) platform designed to facilitate cryptocurrency transactions, specifically for users in the MENA region. The platform enables users to buy, sell, and transfer digital assets such as USDT and Bitcoin using local payment methods, with minimal fees and no gas costs. By offering a non-custodial wallet, Sinbad ensures users maintain complete control over their digital assets. The P2P marketplace fosters direct transactions between users, enhancing accessibility and reducing reliance on intermediaries.
Target Audience
Sinbad primarily targets individuals in the Middle East and Africa (MENA) seeking a secure and accessible platform for buying, selling, and transferring cryptocurrencies using local payment methods.
Features
- Non-custodial wallet ensuring user control over private keys
- Peer-to-peer (P2P) marketplace for direct crypto trading
- Support for over 20 local payment methods
- Zero gas fees for transactions within the Sinbad platform
- Low fees on buying and selling cryptocurrencies
- Support for USDT and Bitcoin
- Available on both the Apple App Store and Google Play Store