The Dubai-based firm said the company sees a huge potential in expanding through that region as a large segment of the population is unbanked.
A Financial Service For An Unbanked Market
At the moment, BitOasis purchases bitcoin through other markets and serves as a brokerage for users, however Co-founder Ola Doudin said her long term plan is that the firm will eventually open a cash-in, cash-out service in order to provide a financial service for the huge market that has previously been locked out of traditional banks.
When BitOasis first launched back in January, the company also rolled out a high security bitcoin wallet. Since then, it has signed on 15,000 users from Egypt, the UAE, Morocco, Tunisia, Indonesia and Malaysia.
Now you can get a free invitation, once you submitted your request the website will send to you back the confirmation link and it might take some time minutes or hours to receive it.
We will back soon to add more about Bitcoin.