It was recently announced from UAE-based crypto exchange BitOasis that exchange users now have increased weekly bitcoin buy limits using credit/debit cards up to 5000 AED (around $1300 USD).
BitOasis first introduced instant card transactions back on February 21st with an initial limit of 2000 AED.
These new higher limits are currently available for all users in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman.
The exchange also launched a new promotional offer for credit/debit card payments. Clients will receive 1% instant cash back if placing an order of 1,000 AED or higher. Card transactions for bitcoin are instantly processed so users can immediately start trading in digital currency.
Back in February, BitOasis launched Ethereum trading on the exchange, however, card buying capabilities apply only to bitcoin.