Limits increase on buy bitcoin using credit cards on BitOasis

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To all our exchange users, we’ve now increased the weekly buy bitcoin limit using credit/debit cards to 5000 AED. This is currently available for all our users in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman.

We’re also running a promotional offer for credit/debit card payments. You’ll receive 1% instant cash back if you place a voucher order of 1,000 AED or higher.

What are you waiting for? Sign up to BitOasis.net, buy your first bitcoin instantly and start transacting globally.

If you have any questions, drop us a message on [email protected] or tweet at us @BitOasis

We’d love to hear from you!

BitOasis now adds support to KNET

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For our users in Kuwait, we’re pleased to announce adding support for KNET payment gateway and exchanging bitcoin in Kuwaiti Dinars.

We’ve been working tirelessly to make sure our exchange and wallet products are easy to use and hassle-free. We’ll be rolling out more services and products in the next coming months with more added features to make your experience is as smooth and seamless as possible.

Log in to BitOasis.net and try out our exchange and integrations. If you have any questions, drop us a message on [email protected] or tweet at us @BitOasis


We’d love to hear from you!

Buy Bitcoin Orders Instant Processing and BitOasis Offers for September

To all our exchange
users, we’d like to inform you that your buy bitcoin orders will be processed instantly as soon as we confirm receiving your
payment. Starting from the 5th of September – 30th of September.

For users buying higher
than 15,000 AED they’ll receive 50 AED of free credit, and for orders higher
than 30,000 AED users will receive 100 AED of free credit.

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

If you have any
questions, please don’t hesitate to reach out to our support team at
[email protected]

Thank you for using BitOasis!

Introducing increased limits for buy/sell on BitOasis exchange

To all our exchange users, you can now request higher weekly limits on BitOasis exchange. In the recent weeks, we’ve been hard at work increasing our exchange liquidity, instant buy/sell features and allowing our users to exchange higher amounts of bitcoin. Our new “Increase Limits” feature will allow you to apply for a higher weekly buy, sell and withdrawal limits to cater for your exchange requirements.

Below are the steps to apply for increase limits on BitOasis:

1. From the Buy/Sell Bitcoin tab, you can click on “Increase Limits”. The screen will display your current limits and allow you to apply for higher limits.

2. Once you click on Apply for higher limits, you’ll be asked to fill in additional information and specify the weekly exchange limits you need. As soon as we receive your request we’ll need less than 24 hours to confirm and review your application.

If you
have any questions please don’t hesitate to reach out to our support team
at [email protected] or tweet at
us @BitOasis, we’d love to hear from you!

BitOasis is now in Saudi Arabia!

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We’re
excited to announce that our buy bitcoin service and merchant API integrations are now available to our customers in Saudi Arabia.

If you would like to start
using or accepting bitcoin payments in Saudi Arabia, sign up to
our platform today!

We’ve been working
tirelessly to expand our fast growing reach and network to make our buy bitcoin
and merchant integration products available in your country. Our mission is to
make it easier and seamless for all our Middle East based customers to buy and
use bitcoin.

We’ll be rolling out
more features and payment options to buy bitcoin such as credit card and
CashU next month to make your experience as smooth and seamless as
possible.

If you have any questions drop us a message on
[email protected] or tweet at us @BitOasis,
we’d love to hear from you!

BitOasis is now in Qatar, Kuwait and Bahrain!

To all our customers in Qatar, Kuwait and Bahrain, we’re excited to announce that now our buy bitcoin service and merchant API integrations are available to you!

We’ve been working tirelessly to expand our fast growing reach and network to make our buy bitcoin and merchant integration products available in your country. Our mission is to make it easier and seamless for all our Middle East based customers to buy and use bitcoin.

Your support is making this possible. We’ll be rolling out our products to more countries in the next coming months with more added features and payment options to make your experience as smooth and seamless as possible.

So what are you waiting for, sign up today at bitoasis.net and let us know what you think!

6 reasons why you should start accepting bitcoin payments today

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If you’re selling goods or
services online, you’re surely familiar with the pains of collecting payments
from your customers and clients. You may have heard of a new way of accepting
payments using bitcoin and already wondering what are that benefits to you as a
merchant, and what kinds of businesses are accepting bitcoin today?

The examples of businesses
accepting bitcoin are numerous and the possibilities are endless; from fashion and
jewelry stores, to consumer electronics shops, to airlines, hotels and
restaurants, many of which are online and offline merchants. Most notable
international companies accepting bitcoin today are Microsoft, Expedia, Dell
and Overstock.

When it comes to the Middle East,
bitcoin technology has the potential to boost its fast growing e-commerce
market by offering a cheaper and easier payment method to consumers and
merchants. Credit card penetration in the region is low, as a large percentage
of adults in the Middle East don’t have a bank account. This leaves online
retailers stuck with accepting cash payments for online merchandises, in fact
close to 75% of online transactions are done by Cash-on-Delivery.
On the other hand, even if merchants accept credit card payments, they’re still
charged close to 3-5% fee on transactions and exposed to fraud and chargebacks
risk.

Below we’ve listed the main six
reasons why you, as a merchant, should start accepting bitcoin today:

1. Lower transaction costs: Credit card fees run anywhere
from 3-5% plus $.30 per swipe. Bitcoin transactions are free (with few cents
going to the network as miner fees) and you don’t have to pay machine monthly
rental fees or deposits. Sure, the majority of consumers in the region buys
goods and services either using cash or credit cards. Digital currencies such
as bitcoin may look like a distant third. But the use of bitcoin as new payment
option will continue to rise at the retail level as more and more people learn
about it and realize its benefits of the technology as a cheaper and easier
payment option for both merchants and consumers.

2. No chargebacks: When you accept bitcoin
payments, there are no chargebacks – meaning there is less risk to the seller,
for this single reason alone merchants should embrace bitcoin payments. Your
chargeback rate can have a huge impact on your bottom line, especially if
you’re a small-medium sized online store.

3. Easy to use
and set up:
It’s
extremely easy for you and for your customers to get up and running to start
accepting bitcoin. It’s as easy as downloading a bitcoin wallet on your phone
or opening a bitcoin web wallet online and generating a QR code for your clients to scan so they
can pay you immediately. It’s really that simple. You don’t need to place any
deposits or go through lengthy verifications to set up and get going.

4. Offer
diverse payment options to increase your sales:
If you want more customers to buy on your
platform, make it easy for them by offering diverse payment options that cater
to their needs. Set up your business to start accepting bitcoin. Bitcoin users
tend to be tech savvy young consumers who prefer to purchase goods using
bitcoin over other methods. This means that they will gravitate toward
merchants that offer them ability to pay for goods and services via bitcoin. You
may wonder how’s bitcoin adoption growing in the Middle East. Today, our BitOasis products (wallet and exchange) are available
across the Middle East with our exchange and buy bitcoin service only available
in UAE. The past 6 months we’ve seen tremendous wallet and growth and our
users’ buy bitcoin order volumes almost doubling on monthly basis.

5. Generate
publicity:
When you place a ‘Bitcoin
Accepted Here’
sticker in your storefront or announce it on your online
store, it’s an immediate conversation starter because you’ve shared with the
world that your store is embracing a new innovative payment option. Since
bitcoin is new and newsworthy, your brand can capitalize on being associated
with the new trend of adopting and embracing digital currency. Free press
equals more marketing for your business. Who wouldn’t want that?

6. Cross Border: Bitcoin is a
global payment system, it’s not bound to a geographical area or a certain
company, and with bitcoin anyone across the world with access to the internet
can now pay instantly and cross border without the need to have a bank account.
Accepting bitcoins means accepting all customers across the world to pay on
your platform without any friction or any extra fees. Your customers are only a
click away.

If you’re an online
store that wants to start accepting bitcoin payments, get in touch with us at [email protected] to get you set up. If you have any questions don’t hesitate
to reach out to me.