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Introduction
In the world of digital finance, Sidra Bank stands out as a pioneer in Islamic decentralized finance (DEFI). With its innovative approach to banking, Sidra Bank aims to create a more ethical and responsible financial system. One of the key elements of Sidra Bank’s offerings is the Sidra Mining app, which allows users to mine Sidra Coins and participate in the growth of this revolutionary financial ecosystem.
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What is Sidra Mining?
Sidra Mining is a process through which users can earn Sidra Coins by contributing to the decentralized network that powers Sidra Bank. The mining process is designed to be accessible to anyone, regardless of their technical expertise. To get started with Sidra Mining, all you need to do is download the Sidra Mining app, sign up for an account, and start the validation process using your mobile device.
How to Download the Sidra Mining App
To download the Sidra Mining app, simply visit the official website of Sidra Bank and follow the instructions provided. Alternatively, you can use the provided link here https://sidra.ws/uDwYpyFvRh to sign up and download the app directly.
Sidra Mining Sign Up Process
The sign up process for Sidra Mining is straightforward and user-friendly. Once you have downloaded the app, you will be prompted to create an account by providing some basic information. This includes your name, email address, and a secure password. It is important to choose a strong password to ensure the security of your account.
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Click here to register or sign up for an account
Is Sidra Mining Legit or Fake?
One common question that arises when considering any mining app is its legitimacy. In the case of Sidra Mining, it is essential to note that Sidra Bank is a reputable financial institution with a clear vision and roadmap for the future. They have a team of experts dedicated to ensuring the success and security of their mining process. Moreover, the Sidra Mining app has been verified by Google Play, with over 100,000 downloads. However, it is important to exercise caution and do thorough research before investing time or resources into any mining app.
When Did Sidra Mining Start?
Sidra Mining has been in operation since its launch, and it has steadily gained popularity among individuals interested in digital Islamic banking. The exact date of the sidra mining started 2022.
How Does Sidra Bank Work?
Sidra Bank operates on the principles of Islamic finance, which emphasize fairness, transparency, and ethical practices. The mining process used by Sidra Bank is based on a proof-of-work algorithm, ensuring that all transactions are secure and transparent.
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Once you have signed up for an account and downloaded the Sidra Mining app, you can start validating the mining process using your mobile device. As a validator, you will contribute to the decentralized network and earn Sidra Coins based on your participation.
Also, on mining Sidra Coin, each mining session lasts for about 24 hours, and you get 2 Sidra coins per mining.
Sidra Bank Roadmap
Sidra Bank has a clear roadmap for the future, with plans to expand its offerings and reach a wider audience. According to the roadmap provided on the official Sidra Bank website, they aim to list Sidra Coin on major cryptocurrency exchanges such as Binance, Coinbase, and Crypto.com. This will increase the accessibility and liquidity of Sidra Coins, further enhancing the value and potential of the mining process.
To learn more about the Sidra Bank roadmap, you can visit here https://sidrabank.com/sidra-coin/road-map.
Where is Sidra Bank Located?
Sidra Bank is located in Saudi Arabia, making it the world’s first Islamic decentralized finance institution in the region. This strategic location allows Sidra Bank to tap into the growing demand for digital Islamic banking services and contribute to the development of the global Islamic finance industry.
How to Complete Sidra Bank KYC Verification: A Step-by-Step Guide
Sidra Bank is paving the way as the world’s first Islamic decentralized bank. Whether you’re Muslim or not, you can join this innovative financial institution. But before you start exploring all that Sidra Bank has to offer, you need to complete the KYC (Know Your Customer) verification process. This blog will walk you through the steps to ensure a smooth and hassle-free experience.
Step 1: Log In to Your Sidra Bank App
Step 2: locate the “Profile” button at the bottom right corner. Click on it. Scroll down to find the “Update Your Information” button and click on it.
Step 3: Clicking “Update Your Information” will take you to KYC Port, Click on the “Menu” button at the top right corner of the KYC portal. Now, select “KYC Documents” to upload your identification documents.
Step 4: Upload your identification documents and wait for approval.
Step 5: Once you upload the document wait few minutes then refresh then you can click on “Uncompleted” to start completing the missing fields
Issues and solutions
issues: If the image of OCR is not correct please make sure to choose the correct image.
Solution: Click on image section of required fields & crop-select the correct area on ID card.
Issues 2: If the value is not correct please correct the value.
Solution 1: Input the correct first name, last name, DOB, ID number, address etc on required fields.
Solution 2: If there is no signature or expiry date on ID card, fill blank on required fields.
Step 6: Click confirm on all fields to confirm correct data and make sure you choose correct (image) values for each field
Step 7: If showing “Completed“, You have successfully completed your sidra bank Kyc verification, but still needs to be verified by email.
Step 8: Check your email for a verification link. Once you receive it, click to activate your KYC account on http://kycport.com (Don’t forget to check your spam folder if not found on your primary folder)
With these simple steps, you can swiftly and securely complete your Sidra Bank KYC verification. Join the exciting world of the first Islamic DeFi Bank and claim your rewards. Remember, Sidra Coin is still on a testnet, with the mainnet scheduled for October 2023, and there are many benefits, including daily claims and referral bonuses.
So, what are you waiting for? Get started on your Sidra Bank journey today!
FAQ
What’s Sidra coin total supply?
Sidra Coin doesn’t have a fixed total supply like some other cryptocurrencies. Instead, the total supply can change every day because it depends on how many people are mining and earning new coins. It’s kind of like how Ethereum (ETH) works, which also doesn’t have a maximum limit on how many coins can be created. So, there’s no specific number of Sidra Coins that will ever exist, and it can keep growing just like Ethereum.
Who is the CEO of sidra bank mining?
The CEO of Sidra Bank is Mohammed Al-Jefairi, who is also the bank’s founder. With over a decade of experience as a life coach and business mentor, he is committed to nurturing future leaders. He is renowned for inventing Robot Seedo, an award-winning interactive robot, and has launched ventures like QatarIT.com since 1997. His latest endeavor, the Creativity Center, supports innovative creators. Mohammed Al-Jefairi’s visionary leadership is pivotal in driving Sidra Bank’s success.
Conclusion
Sidra Mining and Sidra Bank are pioneering the future of digital Islamic banking. With their commitment to ethical finance, transparency, and inclusivity, they offer a unique opportunity for individuals to participate in the growth of the decentralized financial ecosystem. By downloading the Sidra Mining app, users can start mining Sidra Coins and contribute to a more ethical and responsible financial system.
Join the Sidra Mining community on twitter today and be a part of the revolution in digital Islamic banking!