As it was announced earlier by Dubai cryptocurrency exchange BitOasis, today support of two more new coins was added on the BitOasis digital asset trading exchange: Monero (XMR) and ZCash (ZEC). This is the answer to the continuously growing demand for cryptocurrencies from the customers of the Gulf Cooperation Council – UAE, Saudi Arabia, Oman, Qatar, and others.
The Arabian market has high perspectives for blockchain implementation and using of cryptocurrencies. As far as there are no issues with regulatory side and the interest in all new technologies is high, these countries are pretty suitable for crypto expansion.
BitOasis is the biggest cryptocurrency exchange in Middle-Eastern countries, working since 2014 and already supporting the most popular digital assets. Since company added support for new tokens – Monero (XMR) and ZCash (ZEC), these two coins are available for trading on the platform with 0% trading fee until May 15th, 2018.
The BitOasis team said:
“Users across United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, and Oman can now buy, sell and trade XMR and ZEC with 0% fees until May 15th, 2018. Users will be able to fund their accounts with AED through debit/credit card payments, and place buy limit, sell limit and market orders to start trading Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Zcash, and Monero.”