BitOasis is the largest and most trusted cryptocurrency platform in the Middle East and North Africa (MENA) region. Founded in 2015, the platform is a pioneer cryptocurrency ecosystem of the region, serving as the popular choice for first-time cryptocurrency buyers and professional traders at the same time.

The BOLT option can be seen by all BitOasis KYC verified and UAE-based users while fund transferring from their local bank account to their AED wallet on the platform. It aims to provide the most secure and regulated system for cryptocurrency trading for retail and institutional consumers across the region.

Ola Doudin, CEO and Co-Founder, BitOasis stated, “The crypto space is no stranger to price volatility. Given recent price fluctuations, the slightest of delays in deposits on crypto exchanges can impact your trading strategy. BOLT will allow users to move quickly on trading decisions and make an especially big difference for high-value transactions. The enabling of instant deposits on BitOasis also demonstrates our tech capability to develop and roll out new features that improve our customers’ experience with trading and investing on the platform. BOLT will now provide the fastest and most secure way to invest in crypto assets in the UAE.”

The cryptocurrency platform with the launch of its new feature ‘BOLT’ has turned into the first crypto exchange enable crypto investors and traders of UAE to access instant fiat bank deposits.

BitOasis has introduced this feature to improve its current “Easy Funding” deposit option. Users can link their BitOasis account and UAE bank account with the help of the Easy Funding option and thus can deposit funds to their BitOasis account without any charge on the app of the exchange. BOLT enables BitOasis customers deposit funds (AED) to their BitOasis account from their BitOasis-linked bank account instantly. It has been introduced to remove time consumption for bank-to-exchange transfers.

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