In a significant development within the regional cryptocurrency industry and in order to meet market demands, CoinMENA, the onshore and regulated crypto-asset exchange in the MENA region has officially started offering new cryptocurrencies. required.
CoinMENA has added four new leading crypto assets, Chainlink (LINK), Compound (COMP), Uniswap (UNI) and USD Coin (USDC), to its existing offering of crypto assets: Bitcoin (BTC), Ethereum (ETH) , Ripple (XRP), Litecoin (LTC) and Bitcoin Cash (BCH).
In light of this event, CoinMENA becomes the only fully regulated exchange in the region to receive approval from a central bank to offer the highest number of crypto assets ranked in the world’s top 15. CoinMENA is both licensed by the Central Bank of Bahrain, one of the region’s most respected and reputable central banks, and certified Sharia Compliant by the Shariyah Review Bureau.
In addition to allowing clients to deposit, trade and withdraw cryptoassets transparently and securely in their local currencies, the exchange provides the only regulated ‘OTC Desk’ in the region, where a dedicated relationship manager will oversee each transaction until its completion. .
Dina Sam’an, Founder and Managing Director of CoinMENA, said: “We are delighted to be able to further meet the needs of our customers and the regional market by offering an expanded suite of leading, liquid and secure assets. While we have successfully completed the first step of unlocking crypto assets in a safe and regulated manner, it was imperative that we continue to listen to both our customers and the market to develop our offering accordingly. “
CoinMENA’s registration process takes less than a minute and can be done on its simple, transparent and very intuitive platform, designed for both beginners and professional traders. The exchange’s services are currently available to residents of Bahrain, UAE, Saudi Arabia, Kuwait and Oman, with a view to expanding to other countries in the MENA region. For more information visit Coinmena.com