Being the first regulated cryptocurrency trading platform in Bahrain and now with a new interface, Rain’s new and improved platform is set to revolutionise crypto investments in the Middle East, with 55+ new tradable coins. 

 

Rain's new update will enable customers to access over the new tradeable coins in the most simplified crypto app experience. 

 

With changing consumer behaviour and increasing demand in the interest of crypto, Rain is committed to investing in building a platform that is simplified and easy to use. 

 

Key updates include:

 

●Portfolio management - Customers can now get deep insight into their portfolio and make informed decisions on Rain. 

 

●Coin-swapping - Now you can also switch between cryptocurrencies directly without having to buy and sell every time.

 

●3-hour approval - Rain now has the quickest and simplest onboarding process in the cryptocurrency trading platform space, offering its customers a three-hour approval timeline.

 

This announcement comes just weeks after Rain Financial secured $110 million Series B funding. The round was co-led by Paradigm and Kleiner Perkins with participation from numerous parties including Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, JIMCO, and CMT Digital. 

 

Founded in 2017 by Abdullah Almoaiqel, AJ Nelson, Joseph Dallago, and Yehia Badawy, Rain Financial Inc. will utilize this investment to further expand licensing in other countries and regions, enhancing its technology and continuing to grow the team as cryptocurrency adoption increases globally. 

 

Joseph Dallago, Co-Founder of Rain said: “Cryptocurrency can often be confusing and overwhelming to a lot of people. At Rain, we care about simplifying that. This new interface offers an easy-to-use trading experience and is now one of the fastest onboarding processes on the market. You can sign up on the platform, get approved, and start trading the same day.”

 

Rain Financial and its group has done over $2 billion worth of transactions, amassed over 200,000 active users, and now has over 500 employees, with a focus on growing its team even further across the region, by the end of 2022. 

 

Rain seeks to offer a safe and secure space to buy, sell and store cryptocurrencies, as well as providing regular educational opportunities for those interested in learning more about cryptocurrencies.-- TradeArabia News Service