Digital Currency
A GUIDE TO
CRYPTO IN THE GCC New to buying crypto and don’t know where to start? Here’s a guide to the crypto market.
Digital CO
Rain
KuCoin
Digital CO is a Bahrain-based company that provides quality crypto mining solutions. They deliver services including crypto mining consultancy, crypto hardware and software, and installation test commissioning, technical and environmental advice, as well as after sales support. Moreover, Digital CO designs and builds their own mining systems to fit the needs of their clientele.
Rain is a licensed cryptocurrency brokerage and custodian servicing the Middle East, Turkey, and North Africa. Moreover, they are licensed and regulated by the Central Bank of Bahrain. It is a trading platform that allows you to buy cryptocurrencies like Bitcoin, Litecoin, Ethereum, XRP, USDT, and many others. You can use your bank account to conveniently purchase cryptocurrency through this userfriendly app. Rain currently supports trading in the following local currencies: Bahraini Dinar (BHD), Turkish Lira (TRY), United Arab Emirates Dirham (AED), Omani Rial (OMR), Saudi Riyal (SAR), Kuwaiti Dinar (KWD), and Qatari Riyal (QAR).
Headquartered in Singapore, KuCoin Exchange is also known as “The People’s Exchange”. The platform offers a KuCoin wallet that is protected by multilayer encryption and offline storage through bank safe and/or funds escrow. KuCoin also comes with profit sharing among token holders. KuCoin is a large global exchange that offers several features and tools that could appeal to more advanced traders. It is not licensed to operate in the US but covers a wider number of cryptocurrencies than most exchanges.
To know more about Digital CO’s services, visit their Instagram @dcryptomining.bh or call +973 3330 1019. 68
Gulf Insider April 2022
Trading fees: 1.5% (buy via bank transfer), 4% (buy via card)
Trading Fee: Charges a maximum of 0.1% decreasing based on your last 30-days trading volume.
