(MENAFN– Mid-East.Info)

  • New tokens that can be traded on BitOasis include Cardano, Solana, Polkadot and Cosmos. Seven other tokens including Terra, Shiba Inu, Avalanche and Polygon to follow in February
  • Solidifies its position in MENA as market leader with 35+ tokens listed – nearly 3 times the number of crypto-assets as other regional platforms
  • Move aims to meet emerging demand for crypto assets, without compromising on compliance protocols

Dubai, UAE: BitOasis, the Middle East and North Africa’s leading online crypto-asset trading platform, today announced that it is listing four new crypto assets to proactively meet growing consumer demand.

The meticulously curated list includes some of the largest crypto assets by market capitalization – Cardano (ADA), Solana (SOL), Polkadot (DOT), and Cosmos (ATOM).

BitOasis users can buy, hold and sell these tokens on the platform against AED, SAR and Tether (USDT) pairs.

With this launch, BitOasis now offers 36 tokens to its growing user base across all the markets it serves. This is by far the largest token offering available with any crypto-asset exchange in the region.

As a follow-up to this extension, AED, SAR and USDT trading pairs for another batch of tokens – including Terra (LUNA), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), NEAR Protocol (NEAR), Fantom (FTM), Avalanche (AVAX) and Polygon (MATIC) – are also expected to be launched on BitOasis in February.

This is the second of such releases in less than two months by BitOasis, as it extends its position as market leader in the MENA region’s thriving crypto ecosystem. BitOasis offers newbies and seasoned crypto enthusiasts a safe way of trading and investing in the widest variety of crypto assets available on a regional platform. BitOasis’ token-listing process is also subject to review by UAE Government entities.

Besides making new tokens available for trading, BitOasis is actively working on rolling out several new tech and business initiatives with a focus on enhancing customer experience.

About BitOasis:

BitOasis is the Middle East & North Africa’s (MENA) 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 $30m 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.


Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Leave a Reply

Your email address will not be published. Required fields are marked *