On the 16th March, Rain, the first regulated and leading crypto trading platform in the GCC, launches a new simplified crypto experience. Rain’s new update will enable customers to access over 55+ 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 Inc. secured USD 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 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.
