Sarwa App Launches Crypto Trading

Sarwa, personal finance and investing platform has launched cryptocurrency trading through its app.

Now, Sarwa Crypto will offer them a commission-free trading experience of Bitcoin, Ether, Litecoin, and Bitcoin Cash with zero transfer cost for AED local accounts, and tight spread.

“There is a significant amount of interest around cryptocurrency in the GCC, even with the recent market development. Yet you didn’t have a platform that offered a centralized view of stocks, ETFs, and crypto in one safe, innovative and easy-to-use app. You do now.” said Mark Chahwan, co-founder and CEO of Sarwa.

“We are launching with the 4 most recognized cryptocurrencies - the ones that were amongst the first to emerge - to give a point of entry in a volatile market,” added Mark

A recent study showed that 33% of U.A.E. residents claim to have invested in cryptocurrencies and that they plan to allocate 25% of their investable assets into this asset class.

Sarwa's trading platform includes features such as daily and weekly investing news. Users can do fractional trading, create watchlists, as well as place limit and stop orders.