Middle Eastern cryptocurrency exchange Rain waives trading fees – The National

Middle Eastern cryptocurrency exchange Rain waives trading fees – The National

Rain, a cryptocurrency exchange that is licensed by the Central Bank of Bahrain, has introduced zero per cent trading fees as digital currencies gain more acceptance among mainstream investors globally.

The zero per cent trading fees will allow users to see the price of the cryptocurrency they want to trade and know there are no further costs, the company said in a statement on Thursday.

“We believe introducing zero per cent commission trading is the fastest way to on-board millions of new customers in the Middle East that are newly interested in the crypto industry,” AJ Nelson, co-founder of Rain, said. “Rain wants to set the tone for the market.”