The National Bank of Ras Al-Khaimah (RAKBANK) has announced the launch of trading services for BNB cryptocurrency amid a new price record.
BNB Trading Starts at RAKBANK
RAKBANK, a leading bank in the UAE, has launched trading for BNB, the fifth largest cryptocurrency by market capitalization. The official announcement was made by Changpeng Zhao, the founder of Binance.
BNB Price Hits Record High
The mention of BNB has become particularly relevant as on August 21, 2025, its price exceeded $882, reaching a new record. Over the last year, BNB's value has surged by nearly 50%.
Overview of RAKBANK's Cryptocurrency Services
RAKBANK provides cryptocurrency trading services in partnership with Bitpanda. Customers can trade several major cryptocurrencies, including Bitcoin and Ethereum, without converting their assets into dollars or euros.
The launch of BNB trading at RAKBANK reflects the growing interest in cryptocurrencies in the UAE, while new price records attract attention to the digital asset markets.
