Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days.

BitOasis, a digital asset wallet and exchange platform for cryptocurrency, has enabled submissions of new account verifications for one day only on Tuesday.

Exchanges such a BitOasis have received a lot of applications for verification as interest in cryptocurrency increased in the GCC region in the past year.

View Dash daily historical data (OHLCV)

For the uninitiated, blockchain technology can be confusing. This must have been quite evident for anyone who first started reading about the rise of Bitcoin during the past several years.

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