BitOasis

BitOasis is a leading cryptocurrency exchange and wallet provider serving the Middle East and North Africa (MENA) region. Founded in 2015, the company has established itself as a pioneer in the regional digital asset space, providing retail and institutional clients with secure, compliant, and user-friendly platforms for trading and managing cryptocurrencies. Its product ecosystem includes BitOasis Core for retail users, BitOasis Pro for advanced traders, and an OTC desk for high-volume institutional transactions. In July 2024, BitOasis was acquired by the Indian crypto exchange CoinDCX, a strategic move designed to foster growth and synergy across the Indian and MENA digital asset markets. The company remains committed to building the essential infrastructure required to integrate digital assets into the broader financial system of the region.

BitOasis aims to be the leading cryptocurrency platform in the MENA region, providing an easy-to-use, secure, and compliant environment for buying, selling, and trading cryptocurrencies, viewing digital assets as the building blocks for a more transparent and inclusive digital financial system.

• First broker-dealer to secure a Minimum Viable Product (MVP) operational license from Dubai’s Virtual Asset Regulatory Authority (VARA) in 2023.
• First digital currency entity to register with the UAE’s Financial Intelligence Unit in 2021.
• Strategic partnership with Mastercard to develop crypto-linked payment cards.
• Successfully acquired by major Indian exchange CoinDCX in 2024.

Sources

• BitOasis Official Website
• CoinDCX Corporate News