The Dubai based bitcoin startup has introduced increased limits for buys and sells on their exchange.
The new Increase Limits feature will allow users to apply for a higher weekly buy, sell, and withdrawal limits which BitOasis hopes will attract more trading on their platform.
BitOasis is an online exchange based in the Middle East (UAE), that offers customers the ability to buy and sell bitcoins, and also store bitcoins using their wallet. They received their first round of seed funding last week for an undisclosed amount led by Wamda Capital which they plan to use to grow their team further and expand to other Arab countries around the region to strengthen its presence outside the UAE.
To apply for the increased limits on the exchange, head on over to the Buy/Sell Bitcoin Tab and click on “Increase Limits.” The screen will display your current limits and allow you to apply for higher limits. Fill out the request and within 24 hours BitOasis should review your application.