BEST CRYPTOCURRENCY INVESTMENT SITES

  1. COINMENA

WHO ARE THEY?

  • Eligibility: Investors in Bahrain, Saudi Arabia, UAE, Kuwait, and Oman
  • Minimum Investment: $130 (minimum wallet deposit)
  • Primary handling currency: Currencies of abovementioned GCC countries
  • Regulated: Central Bank of Bahrain in the Kingdom of Bahrain

WHY THEM?

  • Sharia-compliant crypto assets exchange
  • Able to deposit, trade, and withdraw in their respective local currencies
  • Onshore exchange
  • One of few fully-regulated exchanges globally (their words though not ours)

WHY NOT THEM?

  • A very new player (at the time of this writing)
  • Slightly high fees (personally heard them say that’s due to better compliance and so greater safety for you, their words again)

TRIED THEM?

Not yet invested but fully signed up



2. BITOASIS

WHO ARE THEY?

  • Eligibility: Investors in UAE, Saudi Arabia, Kuwait, Bahrain, and Oman, Egypt, Jordan, and Morocco
  • Minimum Investment: Varies (depending on cryptocurrency you buy/country)
  • Primary handling currency: GCC currencies
  • Regulated: Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM), United Arab Emirates

WHY THEM?

  • First and largest virtual asset platform in the GCC operating since 2015
  • The platform is intended to allow buying and selling of virtual assets with local currencies.

WHY NOT THEM?

  • High Trading fees
  • Nerdy and boring Platform UI

TRIED THEM OUT?

Not yet invested but fully signed up