BitOasis introduces simplified crypto trading for beginners in the MENA region

    22 Mar 2022
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    BitOasis, the prominent crypto asset trading platform in the MENA region, announced new features that make buying and selling crypto assets easier. The platform allows users to search for tokens they wish to buy or sell using their balance in AED or SAR.

    The swap feature on BitOasis Core will also help make crypto-to-crypto trading straightforward for beginners.

    Core users will have access to existing crypto-to-crypto trading pairs that are currently available on the BitOasis Pro platform.

    Users will also have full visibility on conversion rates in real-time as they start and execute a Swap transaction.

    BitOasis has also partnered with Checkout.com, the leading global payments solution provider, to enable a seamless way for users to deposit AED and SAR to their BitOasis accounts, using their credit or debit card.

    The new upgrades will make the app more scalable, allowing BitOasis to list even more tokens in the coming weeks and months.

    These initiatives are part of BitOasis’s broader strategy to drive crypto adoption in the region.

    In February, BitOasis has added more than 20 tokens to its trading platform, taking the total number of tokens available for trading to over 40, the largest token offering available with any crypto-asset exchange in the region.

    BitOasis is the Middle East & North Africa’s leading online crypto asset trading platform. Established in the UAE in 2015, BitOasis serves retail and professional traders and investors from the Gulf Cooperation Council (GCC) region and the wider Middle East market. The company recently completed a $30 million Series B financing raising funds from local and global investors including Jump Capital, Wamda, Alameda Research, Pantera Capital, and Global Founders Capital. In Q2 2021 BitOasis received its Financial Services Permission to operate a Multilateral Trading Facility in/from the Abu Dhabi Global Market and is registered as a Virtual Asset Service Provider with the Financial Intelligence Unit of the Central Bank of the United Arab Emirates.

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