Photo by Bermix Studio on Unsplash

Top 6 Crypto Exchanges for the Middle East Region

Photo by Bermix Studio on Unsplash

  1. BitOasis
  • BitOasis is a cryptocurrency exchange based in the United Arab Emirates
  • In October of this year, the platform raised $30 million in a Series B financing to fund regional expansion as well as licensing and regulatory obligations
  • BitOasis allows users to trade over 20 cryptocurrencies and fiat pairs in the UAE dirham and Saudi Riyal
  • The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority has granted BitOasis a Financial Services Permission (FSP) (FSRA)


     2. CoinMENA

        THE WHAT?

  • CoinMENA is a cryptocurrency exchange based in Bahrain
  • The Sharia-compliant digital asset trading platform just raised US$9.5 million in its first seed fundraising round in order to expand across the Middle East and North Africa (MENA)
  • The Central Bank of Bahrain (CBB) has fully licensed and regulated CoinMENA as a digital asset operator
  • The platform is currently enabled for trading in local currencies in Bahrain, the United Arab Emirates, Saudi Arabia, Oman, and Kuwait


     3. Rain
         THE WHAT?

  • Rain is a Middle Eastern cryptocurrency exchange with its headquarters in Bahrain
  • The Bahraini Central Bank has granted us a license and regulates us (CBB)
  • Rain allows you to purchase, sell, and store bitcoin and other cryptocurrencies in a secure, compliant, and regulated environment


     4. Matrix
         THE WHAT?

  • Matrix is a cryptocurrency exchange situated in Abu Dhabi
  • The company offers custodial services and allows crypto deals to be traded and settled in US dollars
  • Matrix is a multilateral trading facility and custodian regulated by the FSRA in Abu Dhabi
  • The site was launched in August of this year as the first FSRA-licensed and regulated crypto exchange in the UAE


      5. NakitCoins
          THE WHAT?

  • NakitCoins is a non-custodial crypto exchange based in Turkey that allows users to trade crypto in US dollars
  • NakitCoins is a cryptocurrency storage, trading, and credit card buying platform that also provides payment gateway services
  • NakitCoins is a decentralized online exchange that also serves as a physical crypto exchange
  • They have four locations throughout Turkey that serve as crypto exchanges
  • At these places, users can buy and trade cryptocurrency for cash


      6. EasyCoins
          THE WHAT?

  • EasyCoins is an Oman-based non-custodial cryptocurrency exchange
  • The platform supports transactions on the Omani riyal
  • To process buy and sell orders, the exchange connects to users’ personal wallets
  • EasyCoins also allows users to exchange cryptocurrency through UniSwap, a decentralized finance platform



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Entrepreneur/Photographer/Creator/Writer "There's no heart without art" Here to write, if it takes off, thanks a lot fam, if not thanks still!


Exploring creativity and the love of fancy things in life through Cryptoart or NFTs (Non Fungible Tokens). An important disclaimer before reading anything else. It’s kind of a must for crypto investment stories nowadays. Articles I publish are not financial advice, as I am not “paper qualified” to give away such advice. This is simply the humble adventures of a crypto and NFT enthusiast.

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