Through the cryptocurrency trading service, Reflect enables its eligible users to explore the cryptocurrency market, buy and sell accepted digital currencies, and directly monitor their investment portfolio via the app. Users can also view live prices and currency details before starting to trade, providing them with a comprehensive and easy experience. The digital currencies accepted in this service include: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Avalanche (AVAX), Chainlink (CHAINLINK), Solana (SOL), Stellar (XLM), Ripple (XRP), and PEPE.
After registering for the service, the user can fund their account in US dollars directly from their Jordanian Dinar current account with Reflect, and start buying and selling digital currencies and monitoring their investment portfolio with ease and flexibility.
Commenting on the service, Yazan Hamdan, Head of Reflect, said: "The launch of the cryptocurrency trading service is a new step within our vision at Reflect to offer innovative financial services that meet our customers' needs and aspirations. By enabling direct cryptocurrency trading through Reflect, we aim to provide a simple and integrated experience that allows our customers to explore this field, buy and sell digital currencies, and monitor their investments within the banking environment they are accustomed to. We are pleased to collaborate with Fuze to offer this service within a regulatory environment supervised by the Central Bank of Jordan."
For his part, Mohamed Ali Yousef, CEO of Fuze, said: "This experiment represents a unique opportunity to enable Reflect customers in Jordan to access digital assets directly through the app they trust. Digital assets offer new ways to invest and manage money, but for their effective adoption, they must be available through regulated, secure, and familiar platforms for users. The Central Bank of Jordan's regulatory sandbox (JoRegBox) provides an ideal environment to test our work with the Reflect team, and we look forward to contributing to the development of the future of financial services in the Kingdom."
It is worth noting that the Reflect app enhances Arab Bank's dynamic service system by offering innovative digital banking solutions aimed at achieving a more convenient banking experience that suits customers' lifestyles. The Reflect app can be downloaded from the Apple Store, Google Play, and Huawei AppGallery.
