CoinMENA Adds A Range Of Never-Before-Seen Features For Cryptocurrency Traders

CoinMENA has launched a selection of new cryptocurrency features not available through any other onshore regulated exchange in the region.

The Bahrain-based company has become the first onshore-licensed crypto exchange to introduce limit trading. This feature allows users to set the price they want to buy or sell crypto, where the trade will be executed automatically once that price hits.

Additionally, CoinMENA has become the first and only licensed crypto platform in the Middle East and North Africa to allow users to withdraw USDT (Tether) stablecoins through the TRON TRC20 network. USDT, a US dollar-pegged stablecoin, is the third-largest cryptocurrency by market capitalization, just behind Bitcoin and Ethereum, with over $80 billion in circulation.

Previously, USDT withdrawals were made exclusively on the Ethereum ERC-20 network, which has relatively expensive gas fees. TRON TRC20 offers CoinMENA users a significantly cheaper option to send their USDT.

The company also added eight new digital assets last month, bringing the platform’s total number to 21 in just a year after its launch, and is expected to announce many more next month.

Commenting in a joint statement, CoinMENA co-founders Talal Tabbaa and Dina Sam’an said, “We value user experience highly and are constantly working to improve it. Limit trading and providing an alternative network to withdraw USDT have been our most requested features, so we are delighted to be able to offer them on our platform.

Going forward, Tabbaa said, “CoinMENA will continue to add new trading features and forge partnerships with regional and international stakeholders to provide the best possible experience for our users.”

Sam’an added, “We strive to provide a full suite of products to our community as we ultimately view CoinMENA as more than just an exchange. Our latest features represent important milestones on our journey to becoming the preferred crypto financial services company in the MENA region.

The latest announcements follow CoinMENA’s recently introduced cashback incentive, which allows users to deposit funds into their crypto wallets using Beyon Money’s classic and platinum cards – another one-of-a-kind service in the world. region.


About CoinMENA

Based in the Kingdom of Bahrain, CoinMENA is a digital asset exchange licensed and regulated by the Central Bank of Bahrain (CBB). CoinMENA seeks to empower new and seasoned investors across the MENA region who want access to non-traditional investment options by enabling them to participate in the new digital economy. Through CoinMENA, investors can securely buy, sell, store, and receive digital assets, as well as deposit and withdraw in their local currency. With competitive fees, high liquidity, and an educational approach, CoinMENA aims to be the easiest and most trusted digital asset exchange in the region.

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CoinMENA Adds A Range Of Never-Before-Seen Features For Cryptocurrency Traders

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