The cryptocurrency Dash is an open-source project that is rapidly gaining worldwide attention for delivering safe, decentralized financial solutions. Similar to digital cash, it can be spent easily and instantly online and at merchants and service providers worldwide.
Now in a move signaling its growing global presence, Dash recently announced a couple of key partnerships in Europe and Russia.
BitPanda, a big European broker located in Austria, has added a buy functionality for Dash to its platform. Formerly known as Coinimal, it is touted as Europe's most popular service for purchasing and selling both bitcoin and ethereum. The partnership with BitPanda will allow anyone in Europe to buy Dash instantly with Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.
Also, MaRSe in Moscow has integrated Dash onto its digital asset exchange. Headquartered in the epicenter of Moscow, it is an offline exchange that previously worked exclusively with Bitcoin. People are now able to buy and sell Dash for the Russian currency rubles, with the exchange rate tied to the current exchange rate on BTC-e.
These moves come amid Dash’s historic price rise and sustained market demand. On the heels of a series of strategic business partnerships and software upgrades from January through March, Dash’s token valuation has soared from $11.21 to a high of $117.80, currently valued at $77.00, representing an approximate 700 percent increase in Q1.
Says VP of Dash Business Development Daniel Diaz:
“We are very excited about Dash being added to BitPanda and MaRSe. We are focused on improving access to Dash for users across the planet, and it is exciting to see spikes in demand from places like Europe and Russia.”
Diaz notes that BitPanda is the type of high-quality broker needed on the Dash ecosystem; they offer multiple payment options as well as Bitcoin and Ethereum integration. With respect to MaRSe, it is the largest and most reputable Russian exchange for bitcoin and now Dash, a move that is expected to boost the altcoin's trading volumes.
BitPanda CEO Eric Demuth says the company has witnessed a significant increase in demand within their customer base for Dash. “We carefully observe the market before we add a new technology to our platform. Continuous development, as well as a stable community, are important parameters for us. Therefore we have decided to add Dash on BitPanda.com.”
“We are working around the clock to pave the way to mainstream adoption and Dash is becoming prevalent in many important regions globally. We are proud to gain allies in companies like BitPanda and MaRSe because they are focusing on projects that are playing a leading role in the transformation of finance through blockchain technology.”