How Much Does It Cost to Build a Crypto Exchange App Like BitOasis in the UAE?

Crypto exchange apps have become the backbone of the digital currency revolution—offering fast, secure, and efficient platforms for trading and investing in cryptocurrencies. These apps are not just changing the way users handle money; they’re making it possible to transact globally with just a few taps on your screen. As digital currencies rise in popularity, crypto exchange apps have become a critical bridge between traditional finance and the new age of blockchain.

One name that’s stealing the spotlight in the UAE is BitOasis. Dominating the local market, BitOasis offers a seamless, secure platform for trading cryptocurrencies, setting the bar high for others in the region. With its robust security measures, user-friendly design, and local market integration, BitOasis is leading the charge in the UAE’s cryptocurrency landscape.

But here’s the burning question for businesses looking to develop an app like BitOasis—How much will it cost? Whether you’re eyeing to build a custom crypto exchange app, or considering a BitOasis clone app development, the cost to build a crypto exchange app like BitOasis typically ranges from $50,000 to $200,000 (AED 183625 to AED 734499.9). The final price varies as per the complexity of features, security protocols, and scalability requirements you choose.

In this blog, we’ll break down the cost of developing a cryptocurrency exchange platform in the UAE, explore what factors influence the cryptocurrency exchange app cost in UAE, and help you understand the development journey—so you know exactly what to expect when you make a crypto exchange app like BitOasis. Let’s dive into the numbers and the features that will make your crypto trading platform a success.

With the UAE’s crypto exchange market set to hit US$ 5.35 billion by 2030, now’s your moment to launch a platform that leads—not follows.

Let’s craft a next-gen crypto exchange app that redefines trust, speed, and scale.

Get in Touch

A Glimpse into the BitOasis App and the Cryptocurrency Exchange Market in the UAE: Why Now is the Right Time to Invest?

The BitOasis app has emerged as a real game-changer in the UAE’s booming cryptocurrency scene. With more than 100,000 downloads under its belt and some serious financial backing, BitOasis has managed to grab the spotlight from both crypto fans and serious investors. After pulling in $30 million through six different funding rounds, BitOasis stands as solid proof that there’s huge money to be made in the cryptocurrency world, particularly right here in the UAE. The app delivers a smooth, secure, and easy-to-use experience for buying, selling, and trading all kinds of cryptocurrencies—making it the obvious choice for anyone diving into the UAE’s digital asset scene.

As the UAE keeps pushing to become a worldwide center for innovation and blockchain tech, people are desperately looking for trustworthy and properly regulated cryptocurrency exchange apps. The UAE’s cryptocurrency exchange platform market is getting ready to absolutely explode, with revenue expected to hit US$ 5,351.2 million by 2030. That works out to a CAGR (compound annual growth rate) of 27.1% from 2024 to 2030, putting it among the fastest-growing markets anywhere on the planet.

The UAE hasn’t just welcomed cryptocurrency with open arms—they’ve actually put together a regulatory framework that focuses on security and compliance, which makes it one of the most appealing places to launch crypto trading app development in UAE. The market is practically begging for someone to shake things up, with tons of opportunities to build a crypto exchange app that serves the growing crowd of investors and traders who want platforms that are both secure and simple to use.

For companies thinking about jumping into this space, whether you want to create an app like BitOasis or build a regulated cryptocurrency exchange app in UAE, the timing is absolutely perfect. With the market expected to grow at such an incredible pace, this is your chance to cash in on the crypto explosion by taking advantage of both the UAE market’s growth potential and the rising demand from consumers who want to trade digital currencies.

How Much Does It Cost to Build a Crypto Exchange App Like BitOasis in the UAE?

Developing a crypto exchange app like BitOasis is no small feat—it’s a multifaceted process that requires a deep understanding of the blockchain ecosystem, security measures, and user experience design. The cost to build a crypto exchange app like BitOasis in the UAE depends on a number of factors, including the key features you want to include, the platforms you intend to target, and the level of security and compliance needed to meet the UAE’s strict regulations.

Coming to the estimate, as revealed earlier, the cost of developing a cryptocurrency exchange platform like BitOasis can range from as low as $50,000 for a basic crypto trading app development in UAE with essential features, all the way up to $200,000 or more for a fully-featured, enterprise-grade platform with advanced functionalities like AI/ML-powered fraud detection, biometric authentication, and real-time cryptocurrency pricing integrations.

A straightforward way to estimate the crypto exchange app development cost in the UAE is by considering this formula:

Development Time × Hourly Rate = Total Development Cost to Create an App Like BitOasis

• Development Time: This refers to the total number of hours your development team will spend on design, coding, testing, and deployment. The complexity of your app and the number of features you plan to include will largely determine this.
• Hourly Rate: The cost per hour charged by developers or the agency you hire, which varies based on their expertise and reputation in the field of UAE cryptocurrency exchange development.

To help you break it down further, here’s an approximate breakdown of the typical phases involved in building a crypto exchange app like BitOasis:

Whether you’re looking to build a regulated cryptocurrency exchange app in UAE or develop an innovative platform with advanced features, understanding the cost breakdown and development phases is essential for planning your investment.

[Also Read: How Much Does It Cost to Develop a Cryptocurrency Exchange App like Coinbase?]

Factors Affecting the Cost of Developing a Crypto Exchange App Like BitOasis in the UAE

When it comes to crypto exchange app development in UAE, several factors determine the cryptocurrency exchange app cost in UAE. Here’s a quick breakdown of the main factors affecting crypto exchange app cost in UAE.

1. Feature Complexity

The fancier the features you want, the more you’re going to pay for them. Simple stuff like account management and basic transactions won’t break the bank, but when you start adding sophisticated features like AI fraud detection and blockchain integration, you’ll watch those costs climb pretty quickly.

2. Security & Compliance

Security isn’t optional when you’re dealing with crypto apps – it’s absolutely essential. Things like multi-factor authentication, encryption, and making sure you meet UAE cryptocurrency exchange development regulations are going to bump up the overall cost to build a crypto exchange app like BitOasis. Getting your regulated cryptocurrency exchange app in the UAE to comply with local laws will definitely add some weight to your budget too.

3. Platform Selection

Whether you go with native iOS and Android apps or pick a cross-platform framework makes a real difference in what you’ll spend on development. Native apps might end up doubling your BitOasis app development cost, while cross-platform options like React Native can save you money but might restrict how much you can customize things.

4. Scalability & Infrastructure

Creating an app that can grow with your user base means you need solid infrastructure backing it up. If you’re planning to go global and want serious scalability, putting money into cloud hosting and high-availability systems will push up your mobile crypto trading app development cost in UAE.

[Also Read: Application Scalability – Future-Proofing Your App for Long-Term Success]

5. Third-Party Integrations

You can’t really have a working crypto exchange app without connecting payment gateways, KYC systems, and liquidity providers. Every single one of these integrations is going to add something to your total development bill.

6. Design & User Experience

Creating a top-notch UI/UX design definitely helps keep users coming back, but it’s going to cost you extra. Having a well-designed platform that’s easy to navigate isn’t just nice to have – it’s pretty much required if you want to compete in a tough market like the UAE.

7. Technology Stack

Going with cutting-edge technologies like blockchain protocols or real-time data processing is going to affect your cryptocurrency exchange app cost in UAE. When you want the latest and greatest tech, you need developers who really know their stuff, and that specialized knowledge comes with a higher price tag.

8. Maintenance & Support

Once you launch, you’re not done spending money – there’s ongoing maintenance, security updates, and fixing bugs that pop up. Keeping your platform secure and user-friendly means regular updates and continuous support, which are costs that never really go away.

9. Market Research & Legal Fees

Getting legal advice to make sure you’re following all the UAE regulations adds to your expenses. The market research and legal fees for a regulated cryptocurrency exchange app in UAE can end up being pretty hefty.

Hidden Cost Factors in Developing a Crypto Exchange App Like BitOasis in the UAE

When planning to build a crypto exchange app like BitOasis, it’s important to consider not only the visible costs but also the hidden expenses that may arise during development and post-launch. These hidden factors can significantly affect the cryptocurrency exchange app cost in UAE. Let’s explore what they are.

1. App Store Fees and Compliance

Submitting your app to the Apple App Store and Google Play comes with fees and strict guidelines. The cost of launching a crypto platform like BitOasis in Dubai can increase due to compliance with these platform-specific rules, as well as the ongoing developer account fees required for updates.

2. Third-Party API and Licensing Fees

Many crypto exchange apps require third-party services like payment gateways, KYC providers, and market data APIs. Licensing fees for these services, especially for high-traffic platforms, can add up quickly and impact the BitOasis clone app development cost.

3. Data Storage and Backup Costs

Storing user data securely and ensuring regular backups can be a significant ongoing expense. The cost of implementing secure cloud storage for cryptocurrency wallet app development and ensuring data redundancy will add to the price to build a cryptocurrency trading app in Dubai, UAE.

4. Legal Fees and Ongoing Compliance

Staying compliant with the UAE’s regulations is not just a one-time task. Legal fees for ensuring your app meets all local regulatory standards—especially for a regulated cryptocurrency exchange app in UAE—can be ongoing, impacting long-term operational costs.

5. Marketing and User Acquisition

Once the app is developed, you’ll need a marketing budget to drive users to the platform. User acquisition costs for a mobile crypto trading app development in UAE can be significant, with spending on SEO, paid ads, influencer marketing, and app store optimization (ASO) needed to attract new customers.

6. Continuous Updates and Feature Expansion

The crypto space is rapidly evolving, and your app will need to keep up. Regular updates, adding new features, and maintaining user interest requires ongoing development. The cost of developing a cryptocurrency trading app in Dubai, UAE doesn’t stop after launch; continuous development and new features will drive future costs.

Cost Optimization Strategies for Developing a Crypto Exchange App Like BitOasis in the UAE

Developing a crypto exchange app like BitOasis in the UAE doesn’t have to break the bank. Here are key strategies to optimize the cryptocurrency exchange app cost in UAE without sacrificing quality.

1. Start with an MVP

Launch with a minimum viable product (MVP) that includes only the essential features like wallet management and basic trading functions. This allows you to test the market and gather feedback while reducing initial development costs.

2. Leverage Cross-Platform Development

Use frameworks like React Native or Flutter to develop your app for both iOS and Android at the same time. This cuts down on development time and lowers the cost of developing a cryptocurrency trading app in Dubai, UAE.

3. Utilize Open-Source Solutions

Incorporating open-source blockchain protocols and payment gateways can reduce development time and cost to build a crypto exchange app like BitOasis. Just ensure these solutions are secure and well-maintained.

4. Prioritize Essential Features

Focus on core features like secure transactions and KYC integration. Skip complex functionalities like AI-powered fraud detection for the MVP phase to keep costs down.

5. Outsource Strategically

Outsource specialized tasks, such as legal compliance or security audits, to experts, saving you the cost of an in-house team. This also ensures you’re tapping into industry-grade expertise without long-term overhead.

Also Read: How to Outsource App Development? A Comprehensive Guide Outlining Benefits, Process, Risks & More

6. Scalable Cloud Infrastructure

Invest in cloud services for scalable infrastructure. This way, you only pay for the resources you use, optimizing long-term operational costs. Plus, it offers the flexibility to handle traffic spikes without compromising performance.

7. Iterate Post-Launch

Launch the app and improve based on user feedback. This helps you avoid unnecessary expenses on features that aren’t in demand. Continuous iteration also ensures your app stays relevant and cost-efficient over time.

8. Automate Testing and Deployment

Use CI/CD pipelines to automate testing and updates, saving time and reducing manual errors, which lowers ongoing costs. Automation also accelerates your release cycles, keeping you ahead in a fast-moving market.

Core Features of Developing a Crypto Exchange App Like BitOasis

When planning to develop an app like BitOasis, certain features are essential for ensuring that the platform is secure, user-friendly, and competitive. Here are the core features to consider:

1. User Registration & KYC Verification

Secure onboarding with identity checks, document uploads, and multi-factor authentication (MFA) is crucial for meeting regulatory requirements. KYC integration ensures the app remains compliant with local laws, especially when building a regulated cryptocurrency exchange app in UAE.

Also Read: Blockchain technology for KYC: The Solution to Inefficient KYC Process

2. Wallet Management

A robust crypto wallet is central to any exchange platform. This feature allows users to store and manage multiple cryptocurrencies securely. It’s a must-have for any crypto exchange app development in UAE.

3. Real-Time Trading & Price Updates

Providing real-time data on cryptocurrency prices is crucial for traders. The ability to make real-time transactions and monitor market trends ensures users stay engaged and informed. This feature is essential for cryptocurrency exchange app cost in UAE.

4. Deposit and Withdrawal Integration

The app should support multiple payment methods for both fiat and crypto deposits and withdrawals. Integration with local banks and payment systems ensures a smooth transaction experience for users in the UAE.

5. Transaction History & Reports

Users should be able to track all their transactions with clear records and detailed reports. This feature enhances transparency and builds trust, making it vital for any crypto exchange app.

6. Security Features

Implement end-to-end encryption, two-factor authentication, and cold storage for securing users’ digital assets. This is non-negotiable for building a secure cryptocurrency exchange platform.

7. Push Notifications & Alerts

Keep users updated with real-time alerts on market movements, price changes, and transaction updates. This feature helps enhance user engagement on the crypto exchange app.

Advanced Features to Integrate in a Crypto Exchange App Like BitOasis

To stand out in the competitive market, adding advanced features can make your crypto exchange app truly exceptional. Businesses must also understand that these advanced feature integrations usually impact the overall cost to build a crypto exchange app like BitOasis. Here are some key advanced features they must consider:

1. AI-Powered Fraud Detection

Integrating AI to monitor and detect suspicious activity in real time enhances security. AI fraud detection analyzes transaction patterns and provides instant alerts, which is essential for a regulated cryptocurrency exchange app in UAE.

2. Advanced AI Analytics & Reporting

Providing users with detailed AI analytics on their trading behavior, profits, and losses is an attractive feature. This can include portfolio management tools and performance metrics that help traders make informed decisions.

3. Multi-Currency Support

To cater to a global audience, the app should support a wide variety of cryptocurrencies and multi-currency transactions. This feature allows seamless trading of diverse digital assets, increasing the cryptocurrency exchange app cost in UAE.

4. Blockchain Integration

For decentralization and enhanced security, integrating blockchain technology into the platform allows for transparent transactions and greater user control over their assets.

5. Smart Contract Support

Implementing smart contracts for executing transactions automatically under pre-set conditions provides more flexibility and reduces operational costs. It’s a feature that could set your crypto exchange app apart from others.

6. Decentralized Exchange (DEX) Support

Offering a decentralized exchange option allows users to trade without an intermediary, ensuring greater privacy and control over their assets. Decentralized cryptocurrency exchange app development is gaining popularity due to its higher security and transparency.

7. Staking & Yield Farming

Allow users to stake their cryptocurrencies and earn rewards through yield farming. This feature appeals to long-term investors looking for passive income options, making it a valuable addition to any crypto exchange app.

8. P2P Trading

Enable peer-to-peer (P2P) trading where users can directly trade cryptocurrencies with each other. This feature is crucial for users in regions with limited access to traditional financial systems, adding a layer of flexibility to the platform.

9. Mobile App for Trading on the Go

A mobile app for iOS and Android allows users to trade anywhere, anytime. Mobile crypto trading app development ensures that the app remains accessible and convenient, increasing user engagement and retention.

10. NFT Trading Support

With the rise of NFTs, offering a marketplace for users to buy, sell, and trade NFTs (Non-Fungible Tokens) can significantly boost the appeal of your crypto exchange app.

11. API Integration for External Services

Allow users to integrate their accounts with external trading tools or platforms via API. This can include automated trading bots, portfolio trackers, and tax calculation services, making your crypto exchange app development in UAE more versatile.

BitOasis has set the bar for crypto exchanges in the UAE—now it’s time to surpass it.

Let’s create your next-gen platform: Secure, Scalable, and User-Centric.

View Our Services

How to Develop a Crypto Exchange App Like BitOasis in the UAE

Developing a crypto exchange app like BitOasis requires a structured development process. From ideation to launch, here’s a step-by-step breakdown to help you navigate the journey of building a cryptocurrency exchange app in UAE:

1. Market Research & Feasibility Study

Before any development begins, conduct thorough market research. Understand the target audience, competitors, and regulatory requirements specific to the UAE. This will help you identify features and functionality that differentiate your app in the competitive market.

2. Defining App Features

Based on your research, define the essential features needed for your app, such as wallet management, real-time trading, and KYC verification. Also, consider advanced features like AI-powered fraud detection and decentralized exchange support that can set your app apart.

3. Choosing the Right Technology Stack

Select the technology stack for your crypto exchange app development in UAE. Popular choices for blockchain integration, backend services, and mobile app development include React Native for cross-platform apps, Ethereum for smart contracts, and Node.js for the backend.

4. Designing the UI/UX

A user-friendly UI/UX design is critical for engaging users. Focus on simple navigation and fast execution of transactions. Use intuitive design principles for both beginner and advanced crypto traders to ensure a seamless experience.

5. Development Phase

In the development phase, the coding begins. This includes both backend and frontend development. The backend involves setting up servers, databases, and integrating blockchain protocols for secure transactions, wallet management, and trading functionalities. Frontend development focuses on designing and developing the app interface, ensuring it’s compatible with iOS, Android, or web platforms, depending on your target audience.

6. Security & Compliance Implementation

Security is a top priority for any regulated cryptocurrency exchange app in UAE. Implement features like multi-factor authentication (MFA), cold storage for digital assets, and end-to-end encryption to protect users’ funds and data. Ensure that the app complies with local KYC and AML regulations to meet legal requirements and build trust among users.

7. Testing Phase

The testing phase is crucial for ensuring the app functions as expected. Key areas include:

Functional Testing: Verify that all features such as transactions, wallet management, and trading work seamlessly.

Security Testing: Conduct vulnerability assessments and penetration testing to ensure the platform is secure against attacks.

Performance Testing: Check the app’s response times, especially during high-traffic periods or real-time trading activities.

User Acceptance Testing (UAT): Gather feedback from a group of potential users to ensure the app meets their needs and expectations before launch.

8. Launch & Marketing

Once testing is complete and all bugs have been fixed, it’s time to launch the app. Prepare for deployment on app stores or web platforms. To gain traction, invest in marketing strategies such as SEO, social media marketing, and partnerships to attract users and drive traffic to your platform. Early marketing efforts will help ensure a smooth launch and a steady user base.

9. Post-Launch Support & Maintenance

After launch, the work doesn’t end. Continuous monitoring is essential to detect and fix any bugs, implement necessary security updates, and release new features based on user feedback. Regular updates and maintenance are crucial for keeping the crypto exchange app secure, functional, and user-friendly.

Also Read: OTC Crypto Exchange Development – Benefits, Features, Process, Costs

How Apps Like BitOasis Make Money: Understanding the Monetization Strategies

Apps like BitOasis generate revenue through several monetization strategies. Here’s how crypto exchange apps typically make money:

1. Trading Fees

The primary revenue source for crypto exchange apps is trading fees. BitOasis charges a small percentage on each transaction made on the platform. This fee structure provides a steady stream of income, especially with high transaction volumes. Offering competitive trading fees is key to attracting traders to your crypto exchange app.

2. Withdrawal Fees

Many exchanges, including BitOasis, charge fees when users withdraw their crypto or fiat funds. These fees can vary depending on the withdrawal method (bank transfer, cryptocurrency withdrawal, etc.) and contribute to the cost of developing a cryptocurrency trading app in Dubai, UAE.

3. Listing Fees

Crypto projects seeking to have their tokens listed on the exchange often pay a fee to the platform. Listing fees are a valuable revenue stream for exchanges like BitOasis, especially if the platform attracts a large user base and offers a variety of cryptocurrencies.

4. Staking & Yield Farming

Some exchanges allow users to stake their crypto assets and earn rewards through yield farming. The platform can earn a commission or fee from the rewards generated, adding an additional income stream.

5. Premium Accounts

BitOasis offers premium accounts that provide users with added benefits, such as faster withdrawals, lower fees, and exclusive market insights. Charging a subscription fee for these features provides steady income for the platform.

6. Affiliate Partnerships

Crypto exchange platforms often partner with other financial services, such as wallet providers, analytics platforms, and financial institutions. They earn a commission for referring users to these services, helping to diversify revenue streams.

7. Margin Trading & Lending

For advanced users, margin trading allows them to borrow funds to trade larger positions. The platform charges interest on these loans, creating another revenue source.

8. In-App Advertising

Although less common in highly-regulated markets like the UAE, in-app advertisements can generate passive income, especially if you have a large and engaged user base. This model can be used in addition to other revenue streams.

Why Choose Appinventiv to Develop Your Crypto Exchange App Like BitOasis in the UAE

We hope this blog has provided insights into the cost to build a crypto exchange app like BitOasis. Turning that understanding into a successful app requires partnering with a firm like Appinventiv.

As a leading mobile application development company in Dubai, we’ve earned recognition for delivering high-performance digital solutions across industries. With deep expertise in crypto exchange app development, we specialize in building secure, scalable, and feature-rich platforms tailored to meet the evolving needs of the UAE market. Here’s why businesses choose us:

Fintech & Blockchain Expertise: We have extensive experience in developing sophisticated cryptocurrency exchange platforms that adhere to strict regulatory standards, ensuring efficient performance and secure transactions.

Security-First Approach: Security is our priority. From cold storage to multi-factor authentication (MFA), we implement industry-standard protocols to protect user data and ensure compliance with UAE regulations.

Customized Solutions: We work closely with you to tailor the app’s features, design, and integrations to your specific goals, ensuring it meets the needs of your users and business.

Cross-Platform & Scalable: We deliver high-performance apps across platforms—iOS, Android, and web—ensuring your app is scalable as your user base grows.

Ongoing Support & Maintenance: Post-launch, our team ensures your app stays competitive and secure with regular updates and support.

Partner with Appinventiv to build a secure, innovative crypto exchange app that stands out in the UAE market.

FAQs

Q. How much does it cost to build a crypto exchange app in Dubai, UAE?

A. The cost to build a crypto exchange app like BitOasis in Dubai, UAE can range from $50,000 to $200,000 or more, depending on the complexity of the features, security measures, and scalability. Basic apps with essential features like wallet management and trading can be built on the lower end, while advanced platforms with AI fraud detection, decentralized exchange support, and high security will push the costs higher.

Q. How do Dubai’s VARA and UAE Central Bank guidelines impact exchange development costs?

A. Dubai’s VARA (Virtual Assets Regulatory Authority) and the UAE Central Bank guidelines significantly impact crypto exchange app development cost in the UAE. These regulations require compliance with strict KYC (Know Your Customer), AML (Anti-Money Laundering), and security standards, adding to the development costs. Ensuring that your app meets these regulatory requirements for a regulated cryptocurrency exchange app in UAE will involve additional legal and technical work, especially for secure wallet management and transaction verification.

Q. How long does it take to build a cryptocurrency exchange app like BitOasis?

A. Building a cryptocurrency exchange app like BitOasis typically takes between 4 to 12 months, depending on the complexity of the features and the regulatory requirements. A simpler app with essential features may take closer to 4 months, while a fully-featured and compliant platform will require more time for development, testing, and security integration.

Q. What are the legal and compliance costs associated with launching a UAE-regulated crypto exchange like BitOasis?

A. The legal and compliance costs for launching a UAE-regulated crypto exchange like BitOasis can be significant. These costs include legal consultation to ensure KYC, AML compliance, as well as acquiring necessary licenses from the VARA and UAE Central Bank. Regulatory compliance involves extensive documentation, legal audits, and ongoing legal services to stay compliant, which can add $10,000 to $50,000 or more to the overall cost of developing a cryptocurrency exchange platform.