Indian cryptocurrency exchange CoinDCX has made its entry into the Middle East and North Africa (MENA) region by acquiring Dubai-based trading platform BitOasis. The terms of the agreement have not been disclosed. This acquisition will support BitOasis’ expansion plans in the MENA region. CoinDCX, one of India’s leading cryptocurrency exchanges with a user base of over 15 million and quarterly spot trading volume of over $840 million, aims to expand its impact and operational footprint beyond India with this move. BitOasis, with its regulatory approvals and strategic location in Dubai, is well-positioned to leverage CoinDCX’s resources and expertise to accelerate its growth and reach. The integration of CoinDCX and BitOasis is expected to play a key role in shaping the future of digital assets in the MENA region.
CoinDCX an Indian cryptocurrency exchange has acquired a trading platform based in Dubai Get all the details here
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