BitOasis opens credit card bitcoin purchase service to five countries in the Middle East

Rage Review : BitOasis has further expanded its Bitcoin purchase business in the Middle East, serving five more countries. This move stems from the region's growing interest in Bitcoin. On the other hand, BitOasis is also expanding other businesses to help people use Bitcoin more conveniently.

Translation: Ina

BitOasis has announced that it will expand its credit card purchasing business to more countries in the Middle East.

Hot on the heels of launching its Instant Buy service for customers in the UAE in February, BitOasis is now expanding the service to five more countries: Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman.

Users in those countries can now buy bitcoin with credit cards up to a weekly limit of 2,000 dirhams (about $550 at the current exchange rate), though CEO Ola Doudin said the company plans to raise the limit after an initial trial period.

Doudin said the move stems from the region’s growing interest in Bitcoin, adding:

“We’re trying to make it as easy and quick as possible for people to use Bitcoin. We’re also looking forward to opening up this service to other countries.”

The comments come as BitOasis is making a shift in its services to include a long-standing brokerage service, having begun testing an exchange business last year.