UAE based, BitOasis, MENA region’s cryptoasset trading platform has extended its has launched 12 new tokens in response to rapidly growing consumer demand. BitOasis adds tokens to enable users to buy, hold and sell. The tokens include Uniswap (UNI), Dogecoin (DOGE), Loopring (LRC), Enjin Coin (ENJ), and Decentraland (MANA) on the platform against AED and SAR pairs.
As part of the extension, AED and SAR trading pairs for another set of tokens – USD Coin (USDC), Aave (AAVE), Bancor (BNT), Storj (STORJ), Sushiswap (SUSHI), Dai (DAI), and Waves (WAVES) – will become available on BitOasis, with trading expected to go live in a week. BitOasis will also be launching USDT pairs across a selection of the new tokens being listed.
BitOasis is protecting the interest of its users by subjecting any new listing on the platform to a rigorous set of evaluation criteria. The company has a dedicated team responsible for researching and vetting new and emerging crypto assets, before making them available on its platform. The platform follows a thorough assessment process, with qualifying criteria for new tokens based on several quantitative and qualitative factors such as trading volumes, demand statistics, traceability, sponsor integrity, use cases, and potential for growth.
As the first crypto asset exchange platform native to the UAE and the wider Middle East, BitOasis has grown in tandem with the rising interest and awareness around the crypto space in the region.
Today’s announcement follows the launch of BitOasis’s zero-fee local bank deposit and withdrawal feature, an initiative aimed at simplifying buying and selling of crypto assets for the platform’s UAE-based customers.
In response to the needs of all our customers, we’re delighted to announce support for five new tokens!
With the addition of these new tokens, BitOasis now offers over 20 crypto-assets overall.
