Dubai’s leading crypto platform BitOasis is making big waves in the MENA region. The company has officially launched operations in Bahrain, operating under a Crypto-Asset Services License granted by the Central Bank of Bahrain (CBB) — a key milestone in its regional expansion strategy.
This move comes as the crypto scene in the Middle East heats up, fueled by regulatory clarity, government-backed digital initiatives, and a fast-growing tech-savvy population.
BitOasis in Bahrain, what’s new?
With this expansion, BitOasis Bahrain is set to offer a range of services for:
- ✅ Retail investors looking for simple, secure crypto trading
- ✅ Corporate clients exploring digital asset strategies
- ✅ Institutional investors seeking high-end trading tools
BitOasis brings a user-friendly interface for beginners and advanced features for pro traders, making it a well-rounded platform for everyone.
To sweeten the deal, the company has launched premium services designed specifically for:
- High-net-worth individuals
- Institutional clients
- With VIP offerings and dedicated relationship managers
Local banking support is also in place, enabling seamless deposits and withdrawals across GCC countries, making transactions smoother and faster for users across the region.
Leadership Speaks
Ola Doudin, CEO and Co-Founder of BitOasis, shared:
“CoinDCX’s 200+ strong tech team now powers our backend, unlocking better performance, deeper liquidity, top-tier security, and a smarter product suite. Our goal is to reach 1 million users in the region by 2026 — and we’re just getting started.”
This strategic push follows BitOasis’ acquisition by India’s CoinDCX in July 2024 and aligns with their broader regional vision.
CoinDCX’s Regional Vision
Sumit Gupta, Co-Founder of CoinDCX, added:
“For us, MENA is not just a market to tap into — it’s a region to co-build. Since acquiring BitOasis, we’ve seen strong progress. After securing a VASP License from Dubai’s VARA in December 2024, launching in Bahrain marks another big step in our expansion.”
BitOasis at a Glance
Since its founding in 2016, BitOasis has:
- Processed over $7.4 billion in trading volume
- Raised more than $40 million in funding
- Grown into a key player in the MENA digital asset landscape
With strong backing, regulatory approval, and a clear roadmap, BitOasis is well-positioned to become a dominant force in the region’s crypto economy.
Why This Matters
The MENA region is booming with digital innovation, and BitOasis is perfectly timed to ride the wave. With high internet penetration, a youthful population, and increasing openness to crypto, platforms like BitOasis are laying the foundation for mainstream digital asset adoption.
The Bahrain launch isn’t just another expansion—it’s part of a bigger mission to create a compliant, secure, and user-centric crypto ecosystem across the Middle East.