On May 15, Neeraj Khandelwal, Co-Founder of CoinDCX, shared his excitement through the X platform. He said, “Excited to announce the BitOasis launch in Bahrain!”. His announcement reflected deep confidence in CoinDCX’s vision and its growing influence across the Middle East and North Africa (MENA) region. The event marks a major leap for the crypto world. BitOasis, a leading digital asset space, goes live in Bahrain with CoinDCX technology running its core. The partnership isn’t just a strategy, it represents the fusion of regional trust and Indian tech excellence. Its main focus is shaping the future of crypto in the Gulf Cooperation Council (GCC). Let’s explore the details of the BitOasis launch and the future of CoinDCX.
Neeraj Khandelwal’s Take on BitOasis Going Live in Bahrain
When Neeraj Khandelwal took to X (formerly Twitter) to celebrate the BitOasis launch, his message resonated across the industry. He mentioned, “With CoinDCX tech powering the platform, we’re bringing secure, compliant, and seamless crypto trading to the GCC”.
His words reflected both pride and clear vision. Khandelwal pointed to the strength of CoinDCX’s 200+ tech experts behind BitOasis’ infrastructure. Speed, security, and liquidity were the focus of CoinDEX. For him, this wasn’t about new markets, it was about delivering a superior user experience built on years of product maturity.
He also touched upon a broader achievement: over 1.9 crore Indians have learned about crypto through CoinDCX. That foundation has become the company to empower crypto adoption in the MENA region with the same level of trust and innovation.
BitOasis Launch: Bahrain Takes Centre Stage
BitOasis has now officially opened its operations in Bahrain, under a Crypto-Asset Services License from the Central Bank of Bahrain. With full regulatory clearance, it begins its journey by offering a platform tailored for retail and institutional users.
The user experience has been thoughtfully designed. Whether someone is taking their first steps in crypto or managing complex institutional trades, the platform adapts. BitOasis also introduced premium services for high-net-worth individuals. It includes dedicated relationship management and advanced tools. With support for local bank transfers, the platform enables seamless movement of funds across the GCC.
A Milestone Event with Key Leaders Present
The launch event announced BitOasis General Manager Ali Dashti, CEO and Co-Founder Ola Doudin, and CoinDCX Co-Founder Sumit Gupta. It was a moment that showcased regional and global unity in building a future-ready platform.
Speaking at the event, Doudin praised the role of CoinDCX technology in elevating BitOasis. She said, “We’re now equipped to deliver faster, more secure, and feature-rich services,”. BitOasis is aiming to reach over one million users in the region as of 2026.
CoinDCX Technology: The Silent Powerhouse
Behind the scenes, CoinDCX technology now drives BitOasis. The platform’s performance, liquidity depth, and security all rely on the expertise of CoinDCX’s tech team. Their backend systems now support trading for over 70 cryptocurrencies across the exchange.
Since acquiring BitOasis in July 2024, CoinDCX has played a crucial role in its regulatory and technical progress. BitOasis secured a full Virtual Asset Service Provider (VASP) license from the Virtual Assets Regulatory Authority (VARA) in December 2024. And now with its Bahrain entry, it’s one step closer to reshaping crypto in MENA.
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