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Bitoasis

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The leading Bitcoin and cryptocurrency exchange in the MENA region

BitOasis is a cryptocurrency exchange that serves the Middle East & North Africa region. The company claims that it is the leading digital asset exchange and wallet for the region that has millions of users and transactions. According to CrunchBase, BitOasis is the largest, most secure, and most liquid digital asset exchange in the Middle East and North Africa (MENA) region. The company offers more than 15 digital assets to buy, sell and trade against the UAE Dirham (AED). At the time of writing, the platform is available to users in the United Arab Emirates (UAE), Saudi Arabia, Bahrain, Kuwait, Oman, Jordan, Egypt, and Morocco.

The company did 4 funding rounds so far, with the last one finished on January 16, 2018. There are various investors who support the project, including Wamda Capital, Digital Currency Group, KBBO Group, Pantera Capital, Jabbar Internet Group, Integrated Networks, Payfort, and Omar Darwazah. The company has 4 core members including its co-founder and CTO, Daniel Robenek.

According to its website, BitOasis has two kinds of services, BitOasis Core and BitOasis Pro. With BitOasis Core, users can buy, sell, and trade in 10+ digital assets with 0% commission fees. It also allows them to manage and track their crypto portfolio on the go from their laptop or mobile. BitOasis Pro will enjoy the same benefits but with additional support for sophisticated trading charts & order types. Regardless of the account type, users can only deposit to their account with their personal debit/credit card issued in the GCC area.

Categories

Exchanges

Location

Dubai, United Arab Emirates

Year founded

2014