Ananya Dutta
BitOasis, founded by the Jordanian entrepreneur Ola Dudin has announced the addition of Ripple as a tradeable currency at their CryptoCurrency exchange. BitOasis was founded by Dudin back in 2014. After Bitcoin and Ether, Ripple is regarded across the world as the third largest cryptocurrency in the world.
The Cryptocurrency exchange has announced that its users will be able to buy Ripple (XRP Tokens), starting from Tuesday, January 30. It can be done by Wire Transfers and with Credit Cards issued in United Arab Emirates (UAE).
BitOasis currently allows it’s users to buy and sell Bitcoin and Ethereum. If one was to compare cryptocurrencies in terms of Market Cap, these are the two largest ones and Ripple would be regarded as the third largest cryptocurrency.
The current currencies supported at BitOasis are Bitcoin and Ethereum, and the keen interest taken by the users in Ripple has led them to add it as well. Ripple experienced a surge in prices as it gained popularity among the cryptocurrencies enthusiasts across the world.
BitOasis released a statement on 28th January, which said, “We’ve decided to introduce XRP trading to meet the increased demand from our customers to add to the list of major cryptocurrencies and digital assets offered on our platform”.
This move can also be attributed to the launch of various cryptocurrencies in the UAE. BitOasis is aiming at providing the customers a secure way to perform transactions with Cryptocurrencies. Adding Ripple to its platform will surely be helpful for the exchange.
Mohith Agadi
Editor
