Crypto currencies are on the rise and crypto exchanges are also expanding to meet demands. Buying and selling crypto assets comes with a risk, scammers and frauds are also on the rise capitalizing on unsuspecting users. With all the buzz going around crypto more and people just opening account and buying digital assets without considering the risk involve until they got scammed. What can be done to lessen the risk of buying and investing in crypto. One way is to have a legitimate crypto exchange.
Coin Mena is a crypto exchange and is licensed by Central Bank of Bahrain. It is one of the easiest, safest and fastest way to buy and sell your digital assets cryptos. They provide direct and regulated access to digital asset. It has competitive fees when trading, bilingual client support team and referral program which you can earn money rewards using your unique link.
Here are list of coins you can buy and sell on the exchange
Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), USD Coin (USDC), Litecoin (LTC), Bitcoin Cash(BCH),
Chainlink (LINK), Uniswap (UNI), Compound(COMP), USDT (USDT), FTX Token (FTT), Chiliz (CHZ),
Fantom Token (FTM)
How to register CoinMena account
CoinMena supports clients in Bahrain, UAE, Saudi Arabia, Kuwait in Oman as of this writing. To register, here are the steps
1. Email Address Phone Number Verification(with the mention countries above else application will be declined as of this writing)
Once phone verification is done, you will receive an email confirmation.
2. Passport or any government issued ID – (Emirates ID can also be used if you are based in UAE)
3. Bank e-statement (pdf file that can be downloaded in your online banking account) Click here to go to registration link.
Once the registration is completed, you will receive and email confirmation and it will take up to 5 days for verification but mostly it will day depending on the volume of applications.
Usually verification will take 1 day in my case and you will get email stating that your account is verified.
If you use this link and have verified your account you will get 91.44 AED sign up bonus. (*Update sign up bonus offer has already expired, signup bonus is 10 USD)
Below are the fees for buying and selling digital assets
Money Deposits
Country | Minimum Deposit Amount | Bank Deposits | Card Deposits |
Bahrain | 33 BHD | 0.00% | 3.5% |
Kuwait | 26 KWD | 0.00% | 3.5% |
Oman | 33 OMR | 0.00% | 3.5% |
Saudi Arabia | 375 SAR | 0.00% | 3.5% |
United Arab Emirates | 365 AED | 0.00% | 3.5% |
For withdrawal, below are the fees and minimum amount to be withdrawn
Money Withdrawals
Country | Minimum Withdrawal Amount | Fee |
Bahrain | 50 BHD | 1.51 BHD |
Kuwait | 40 KWD | 11.00 KWD |
Oman | 50 OMR | 11.60 OMR |
Saudi Arabia | 500 SAR | 112.96 SAR |
United Arab Emirates | 500 AED | 110.63 AED |
Digital Asset Deposit Fee
Digital Currency | Minimum Deposit Amount | Fee |
Bitcoin | 0 BTC | 0.00% |
Ethereum | 0 ETH | 0.00% |
Ripple | 0 XRP | 0.00% |
USD Coin | 0 USDC | 0.00% |
Litecoin | 0 LTC | 0.00% |
Bitcoin Cash | 0 BCH | 0.00% |
Chainlink | 0 LINK | 0.00% |
Uniswap | 0 UNI | 0.00% |
Compound | 0 COMP | 0.00% |
USDT | 0 USDT | 0.00% |
FTX Token | 0 FTT | 0.00% |
Chiliz | 0 CHZ | 0.00% |
Fantom Token | 0 FTM | 0.00% |
Digital Asset Withdrawal Fee
Digital Currency | Minimum Withdrawal Amount | Fee |
Bitcoin | 0.002 BTC | 0.000600 BTC |
Ethereum | 0.02 ETH | 0.009500 ETH |
Ripple | 70 XRP | 0.500000 XRP |
USD Coin | 75 USDC | 30.000000 USDC |
Litecoin | 0.25 LTC | 0.080000 LTC |
Bitcoin Cash | 0.12 BCH | 0.030000 BCH |
Chainlink | 3 LINK | 0.700000 LINK |
Uniswap | 4 UNI | 0.800000 UNI |
Compound | 0.5 COMP | 0.080000 COMP |
USDT | 75 USDT | 30.000000 USDT |
FTX Token | 3 FTT | 0.500000 FTT |
Chiliz | 250 CHZ | 50.000000 CHZ |
Fantom Token | 30 FTM | 6.000000 FTM |
Trading Fee is 0.75%
Sign up and get your 10 USD bonus, click here.