Mashable: The Bahrain-based startup has become the first onshore approved cryptocurrency exchange to implement limit trading.

CoinMENA has introduced a number of unique cryptocurrency services that are not offered by any other onshore authorized exchange in the region.

The Bahrain-based startup has become the first onshore approved cryptocurrency exchange to implement limit trading. This feature allows users to choose the price at which they wish to purchase or sell cryptocurrency, and the deal will be conducted automatically when that price is reached.

Furthermore, CoinMENA became the Middle East and North Africa's first and only licensed crypto platform to allow users to withdraw USDT (Tether) stablecoins via the TRON TRC20 network. With approximately $80 billion in circulation, USDT, a stablecoin linked to the US dollar, is the third-largest cryptocurrency in terms of market value, after only Bitcoin and Ethereum.

Previously, USDT withdrawals were only possible on the Ethereum ERC-20 network, which has rather high gas fees. TRON TRC20 offers CoinMENA users a much cheaper way to transfer USDT.

CoinMENA Co-Founders Talal Tabbaa and Dina Sam'an said in a joint statement, "We put a premium on user experience and are constantly working on improving it." Limit trading and providing an alternative network to withdraw USDT have been our most requested features, and we are thrilled to be able to provide them on our platform."

The company also introduced eight additional digital assets last month, bringing the platform's total amount to 21 in only one year, and is slated to unveil many more in the next month.

"CoinMENA will continue to develop new trading features and establish relationships with regional and worldwide stakeholders to give the greatest experience possible to our users," Tabbaa added.

CoinMENA is a Sharia-compliant digital asset exchange based in the Kingdom of Bahrain that is licenced and regulated by the Central Bank of Bahrain (CBB).