Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantly begin sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You begin by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Trio – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to embark accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business possessor, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your individual bank account that has your individual name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to inject a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantly begin sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You commence by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Trio – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantly convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to begin accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business holder, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your private bank account that has your individual name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to come in a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantaneously embark sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You commence by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Three – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to commence accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business proprietor, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your individual bank account that has your individual name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law rock hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to come in a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantaneously embark sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You commence by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Three – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to embark accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business holder, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your private bank account that has your individual name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law stiff that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to inject a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

YOUR GATEWAY TO THE WORLD OF DIGITAL CURRENCY

BitOasis is the Middle East & North Africa's leading bitcoin wallet and exchange

BitOasis Wallet is now available on iPhone and iPad

Why use bitcoin?

Global

Bitcoin permits you to send and receive money anywhere in the world without using a bank or a credit card.

The Future

Bitcoin is the future of digital money. You can think of it as the currency of the internet.

Sending money with bitcoin is like sending an email. It's effortless and quick.

BitOasis Wallet is now available

on iPhone and iPad

Buying and using bitcoin is now lighter and swifter than any time before

With BitOasis you can now lightly buy bitcoin in AED. Our exchange is presently present in UAE, Kuwait, Bahrain and Saudi Arabia.

BitOasis multisignature wallet security

Your bitcoins are protected with three independent keys

providing you with the highest level of security.

User/BitOasis Key

Your very first key is stored securely by BitOasis and protected with password/2FA.

Signing a transaction with this key is not enough to spend your bitcoin. All spend transactions must be signed by at least two keys to be authorized. BitOasis will sign using this key when you log in and initiate a spend or sell transaction from your account. Once signed, BitOasis sends your transaction to BitGo for security verification. Signing with this key alone is not enough to spend your bitcoins. A signature from a 2nd key is required to finish the transaction.

Independent Security Key

Your 2nd key is stored securely by BitGo, who will also perform necessary security and fraud prevention checks.

As a co-signer, BitGo receives your transaction signed by BitOasis and performs the necessary security and fraud checks to protect your holdings and counter-signs with the 2nd key. If the transaction looks suspicious, you will receive an automated phone call asking you to confirm and approve the transaction.

Recovery Key

Your third key is used to recover your funds in case of a service compromise.

The safeguarding of your recovery key will be managed by an independent legal stiff. Unlike other Bitcoin wallets, BitOasis does not require you to print and secure the Recovery key. We understand that this can be cumbersome and is prone to loss or theft. Instead, an independent legal rock hard will manage the protection of the Recovery key. In case of emergency or any service compromise, the lawyer will oversee the process of returning all bitcoin funds to owners.

Why use BitOasis?

Effortless to Use

You can begin to send and receive bitcoins in minutes. All you need is your email and mobile phone number.

Multisignature Protection

We use advanced Multi-Signature technology to protect your bitcoins adding an extra layer of security.

Fraud Prevention

We call you to confirm any high risk or large transactions before we stir any of your bitcoins.

Transparency

All your funds and transactions are posted directly on the bitcoin blockchain, where you can lightly verify your holdings.

Legal Council

We work closely with a very reputable legal council to ensure stable operations and regulatory compliance.

Local Company

BitOasis plans to be the very first bitcoin company in MENA to be registered in a major technology center in the region.

Secure Bitcoin platform

YOUR GATEWAY TO THE WORLD OF DIGITAL CURRENCY

BitOasis is the Middle East & North Africa's leading bitcoin wallet and exchange

BitOasis Wallet is now available on iPhone and iPad

Why use bitcoin?

Global

Bitcoin permits you to send and receive money anywhere in the world without using a bank or a credit card.

The Future

Bitcoin is the future of digital money. You can think of it as the currency of the internet.

Sending money with bitcoin is like sending an email. It's effortless and prompt.

BitOasis Wallet is now available

on iPhone and iPad

Buying and using bitcoin is now lighter and quicker than any time before

With BitOasis you can now lightly buy bitcoin in AED. Our exchange is presently present in UAE, Kuwait, Bahrain and Saudi Arabia.

BitOasis multisignature wallet security

Your bitcoins are protected with three independent keys

providing you with the highest level of security.

User/BitOasis Key

Your very first key is stored securely by BitOasis and protected with password/2FA.

Signing a transaction with this key is not enough to spend your bitcoin. All spend transactions must be signed by at least two keys to be authorized. BitOasis will sign using this key when you log in and initiate a spend or sell transaction from your account. Once signed, BitOasis sends your transaction to BitGo for security verification. Signing with this key alone is not enough to spend your bitcoins. A signature from a 2nd key is required to finish the transaction.

Independent Security Key

Your 2nd key is stored securely by BitGo, who will also perform necessary security and fraud prevention checks.

As a co-signer, BitGo receives your transaction signed by BitOasis and performs the necessary security and fraud checks to protect your holdings and counter-signs with the 2nd key. If the transaction looks suspicious, you will receive an automated phone call asking you to confirm and approve the transaction.

Recovery Key

Your third key is used to recover your funds in case of a service compromise.

The safeguarding of your recovery key will be managed by an independent legal stiff. Unlike other Bitcoin wallets, BitOasis does not require you to print and secure the Recovery key. We understand that this can be cumbersome and is prone to loss or theft. Instead, an independent legal rigid will manage the protection of the Recovery key. In case of emergency or any service compromise, the lawyer will oversee the process of returning all bitcoin funds to owners.

Why use BitOasis?

Effortless to Use

You can embark to send and receive bitcoins in minutes. All you need is your email and mobile phone number.

Multisignature Protection

We use advanced Multi-Signature technology to protect your bitcoins adding an extra layer of security.

Fraud Prevention

We call you to confirm any high risk or large transactions before we stir any of your bitcoins.

Transparency

All your funds and transactions are posted directly on the bitcoin blockchain, where you can lightly verify your holdings.

Legal Council

We work closely with a very reputable legal council to ensure stable operations and regulatory compliance.

Local Company

BitOasis plans to be the very first bitcoin company in MENA to be registered in a major technology center in the region.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantly embark sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You begin by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Three – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to embark accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business possessor, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your private bank account that has your individual name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to stir or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law rigid that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to inject a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantaneously begin sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You begin by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Trio – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to commence accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business holder, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your private bank account that has your private name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law rock-hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to come in a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Eighteen) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

YOUR GATEWAY TO THE WORLD OF DIGITAL CURRENCY

BitOasis is the Middle East & North Africa's leading bitcoin wallet and exchange

BitOasis Wallet is now available on iPhone and iPad

Why use bitcoin?

Global

Bitcoin permits you to send and receive money anywhere in the world without using a bank or a credit card.

The Future

Bitcoin is the future of digital money. You can think of it as the currency of the internet.

Sending money with bitcoin is like sending an email. It's effortless and quick.

BitOasis Wallet is now available

on iPhone and iPad

Buying and using bitcoin is now lighter and quicker than any time before

With BitOasis you can now lightly buy bitcoin in AED. Our exchange is presently present in UAE, Kuwait, Bahrain and Saudi Arabia.

BitOasis multisignature wallet security

Your bitcoins are protected with three independent keys

providing you with the highest level of security.

User/BitOasis Key

Your very first key is stored securely by BitOasis and protected with password/2FA.

Signing a transaction with this key is not enough to spend your bitcoin. All spend transactions must be signed by at least two keys to be authorized. BitOasis will sign using this key when you log in and initiate a spend or sell transaction from your account. Once signed, BitOasis sends your transaction to BitGo for security verification. Signing with this key alone is not enough to spend your bitcoins. A signature from a 2nd key is required to finish the transaction.

Independent Security Key

Your 2nd key is stored securely by BitGo, who will also perform necessary security and fraud prevention checks.

As a co-signer, BitGo receives your transaction signed by BitOasis and performs the necessary security and fraud checks to protect your holdings and counter-signs with the 2nd key. If the transaction looks suspicious, you will receive an automated phone call asking you to confirm and approve the transaction.

Recovery Key

Your third key is used to recover your funds in case of a service compromise.

The safeguarding of your recovery key will be managed by an independent legal rock hard. Unlike other Bitcoin wallets, BitOasis does not require you to print and secure the Recovery key. We understand that this can be cumbersome and is prone to loss or theft. Instead, an independent legal rock-hard will manage the protection of the Recovery key. In case of emergency or any service compromise, the lawyer will oversee the process of returning all bitcoin funds to owners.

Why use BitOasis?

Effortless to Use

You can embark to send and receive bitcoins in minutes. All you need is your email and mobile phone number.

Multisignature Protection

We use advanced Multi-Signature technology to protect your bitcoins adding an extra layer of security.

Fraud Prevention

We call you to confirm any high risk or large transactions before we stir any of your bitcoins.

Transparency

All your funds and transactions are posted directly on the bitcoin blockchain, where you can lightly verify your holdings.

Legal Council

We work closely with a very reputable legal council to ensure stable operations and regulatory compliance.

Local Company

BitOasis plans to be the very first bitcoin company in MENA to be registered in a major technology center in the region.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantly embark sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You begin by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Three – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to commence accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business holder, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your individual bank account that has your private name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to budge or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to come in a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legal) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Secure Bitcoin platform

Frequently asked questions

BitOasis is the very first digital currency wallet and exchange service in the Middle East that enables you to buy, sell and secure bitcoin.

You can go to our BitOasis platform and create an online wallet. After creating your account, you can instantaneously begin sending and receiving bitcoin around the world. All users have access to BitOasis wallet features. However, only users from United Arab Emirates (UAE), Saudi Arabia (KSA), Kuwait, Bahrain & Oman are able to access the exchange to buy, sell and trade digital currencies.

1 – You begin by buying a voucher with the AED amount you choose. The voucher is a way to add AED credits to your wallet that you can convert/exchange to bitcoin any time you want.

Two – After selecting voucher amount to proceed with payment by sending a wire transfer with the AED amount to our bank (You'll find the details on the 2nd page of the buy bitcoin tab) or pay via credit/debit cards.

Trio – We'll receive your payment on the same day or next business day if you're sending from UAE. If not, it may take up to 1-3 business days.

Four – After we confirm receiving your payment, your AED balance is updated with your AED credits that you can instantaneously convert (Redeem) to bitcoin at the exchange rate available.(Please note that redeemed BTC on our exchange will take up to six hours to be received on your wallet).

Four) We are a website selling products online, how can we accept bitcoin payments from our customers using BitOasis?

Our wallet gives you a distinctive receiving address in the form of QR code that you can put on your online platform, so your clients can scan the code with their mobile phones to pay the required amount.

If you require any further API integrations or payment conversion and settlement, BitOasis can treat that for you. Please get in touch with our team by contact form if you’d like to embark accepting payments.

Five) I bought bitcoin vouchers, how can I cancel the order before transferring the money?

You can’t cancel the order through our platform, but you can contact our team by contact form and we’ll cancel the order for you.

6) I’m a business possessor, can I send you wire transfers through my business bank account?

Unluckily, you can only send us payments using your private bank account that has your private name.

7) Can I send you the required payment through currency exchange houses?

As soon as your account is verified on our platform you’ll be able to send us payments through exchange houses, such as UAE Exchange, Al Ansari Exchange and others in UAE. This payment option is only available for UAE based customers.

8) My wire transfer hasn’t been confirmed yet, what’s the problem?

If the wire transfer is initiated from a UAE-based bank, it should be confirmed on the same business day; however, if you perform the wire transfer at the end of day, it’s possible that it’ll take another business day to confirm your payment.

9) How do I exchange my voucher to bitcoins?

After you receive your voucher details from BitOasis you can go ahead and exchange them to bitcoin on the ‘Redeem Voucher’ page on ‘Buy Bitcoin’ tab, with just one click, you’ll be able to redeem as many vouchers as you want at the exchange rate that will be available that moment.

Ten) Is there a charge fee for exchanging my voucher to bitcoins?

Yes, there are transaction fees for redeeming and selling your bitcoins on our buy/sell brokerage pages.

11) How can I buy more than five thousand AED/week (1350 USD/week) in bitcoin on BitOasis?

In order to be able to buy higher amounts of bitcoin you will need to verify your account on our platform by providing us a few extra information about yourself. You will find the ‘Increase Limits’ page on ‘Buy Bitcoin’ tab.

12) Can I choose to exchange my voucher to bitcoins whenever I want?

Yes, you can exchange your voucher amount to bitcoin whenever you like. The exchange rate that you’ll be converting at will be the rate at the exact moment you execute the exchange.

13) Can I exchange my bitcoins back to fiat currency on BitOasis?

Yes, in order to be able to sell and withdraw your bitcoins to your bank account, you’ll need to verify your account on BitOasis.

14) Can I refund my vouchers?

No, vouchers are non-refundable. You can only exchange them to bitcoins on our platform or withdraw back to your bank account.

15) How does BitOasis secure my bitcoins?

Our wallet uses multisignature technology to secure your bitcoins. With our multisignature wallet, you will need two of your three private keys to stir or spend any bitcoins. This provides an extra level of security to make sure your funds will not be compromised if one of your private keys is.

Your wallet private keys are three. You and BitOasis have access to one of those keys. As BitOasis, we do not have access or control over the two remaining keys and by that we do not have control over any of our customers' bitcoins. The 2nd key is held by BitGo, a third-party security company. The third key, or the Recovery key, is a backup for emergencies and is secured under the supervision of an independent law hard that our customers can reach out to in case of any service compromise.

16) What else do you do to protect my bitcoins?

We recommend that our customers use 2-Factor Authentication to secure their accounts online. Our customers are prompted to inject a multi-digit authentication code any time they login or attempt to send bitcoins.

You will also receive an automated phone call or text message asking you to approve any suspicious or large transactions before they are sent. If you approve, your transactions will be processed successfully. If you do not approve, the transaction will be cancelled and the bitcoins will remain in your account untouched.

17) Are there any transaction fees for sending bitcoins from my BitOasis wallet to another wallet?

There are dynamic fees for sending out BTC to another wallet based on transaction volumes on the blockchain and are calculated by BitOasis and added to your transactions. Fees can range from 0.0004-0.001 BTC in most cases. You can request lower fees but confirmation time might be unpredictable.

Legitimate) Why does my receiving address switch every time I want to receive a transaction?

To protect your privacy, we provide a fresh bitcoin address for each transaction. This prevents someone from tracking all the payments you receive by looking at the blockchain. Note that all fresh addresses provided by your wallet will proceed to be linked to your BitOasis account.

Nineteen) How do I confirm that my bitcoins actually exist?

We post all of our customer transactions directly on the blockchain. No transactions are posted off the blockchain. This permits you to confirm your bitcoin balance at any time. You will be able to view and verify your bitcoin balance available in each of your public addresses right on our website. You can also independently verify your bitcoin balance using a third party service such as Blockchain.info.

20) Can I sell bitcoin and withdraw my funds through BitOasis?

Sell bitcoin and withdraw payouts are presently available for our users in UAE, Kuwait, Bahrain and Oman.

21) Need more information?

You can either contact us by contact form or go after us on BitOasis.

Related video:

Leave a Reply