If you haven't been living under a rock, you've undoubtedly heard about bitcoin and Blockchain. Khaleej Times recently published some reviews about Blockchain and Bitcoin. Those who invested in Bitcoin while it was still a new technology have amassed millions of dollars over time.
If you want to know how you can sell BTC on BitOasis wallet in UAE, then you sure are in the right place. We will talk about what BitOasis is, how you can sell BTC, and also how you can get verified on BitOasis.
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What is BitOasis?
Bitoasis, which was founded in 2015, functions not only as a crypto-to-crypto coin exchange but also as a broker. It accepts Bitcoin, Ethereum, Ripple, Litecoin, Zcash, Stellar Lumens, Bitcoin Cash, and Ethereum Classic for trade. Using a standard debit card, you could buy, sell, and trade a variety of cryptocurrencies on the website. However, just a few countries are supported. BitOasis is the largest, most secure, and most liquid digital asset exchange in the Middle East and North Africa (MENA) region, offering over fifteen (15) digital assets to buy, sell and trade against the UAE Dirham (AED).
How to sell BTC on BitOasis wallet in UAE
To sell BTC from your BitOasis wallet, you must first verify your account.
1. You can sell your BTC by going to the "Sell Bitcoin" website and clicking on the "Sell Bitcoin" option.
2. Enter the quantity of BTC you want to sell. You'll see the sale rate as well as the corresponding quantity of AED that you'll get.
3. By selecting the "Sell Bitcoin" button, you may confirm your sell order.
4. Your AED balance will be updated as soon as your sell order is finalized, and you will be able to check it on the "My Wallet" tab.
5. On your BitOasis wallet, go to the "My Transactions" page and then to the "Sell Bitcoin" tab to discover your sell orders.
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How to verify your account on BitOasis
In just these few easy steps, you can now verify your account and obtain instantaneous access to the trading exchange platform. Simply follow the steps below to validate your account:
1. Go to the "Buy Bitcoin" option and confirm your account.
2. Upload the main page of your passport, as well as a personal photo (selfie) of yourself holding a piece of paper with the word 'BITOASIS' written clearly in capital letters, together with the current date and your signature.
3. Once your papers have been submitted, please allow about one minute for them to be processed. Please keep your browser window open.
4. Once your account has been verified, you will see the confirmation screen shown below. Your account has now been validated, and you can start purchasing and selling digital assets.
There are however a few conditions for use:
1. Only unverified users can use the new verification method.
2. You will get access to the trading exchange platform after your papers have been verified.
3. Once authenticated, you will be given a weekly deposit limit of 15,000 AED and a withdrawal limit of 5,000 AED.
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