Dash Enhances Global Reach, partnering with a Broker in Europe and an Exchange in Russia

Dash, the world’s third most valuable digital currency and the rising alternative to Bitcoin, today announced two partnerships that will enhance customer bases in Europe and Russia. BitPanda, formerly known as Coinimal, has added a buy option for Dash on its online brokerage, while Moscow’s leading exchange, MaRSe, has integrated the digital currency in the […]

Dash, the world’s third most valuable digital currency and the rising alternative to Bitcoin, today announced two partnerships that will enhance customer bases in Europe and Russia. BitPanda, formerly known as Coinimal, has added a buy option for Dash on its online brokerage, while Moscow’s leading exchange, MaRSe, has integrated the digital currency in the wake of a historic price rise and sustained market demand.

VP of Dash Business Development Daniel Diaz said, “We are very excited about Dash being added to BitPanda and to MaRSe. We are focused on improving access to Dash for users across the planet and it’s exciting to see spikes in demand from places like Europe and Russia. Firstly, BitPanda is the type of high quality broker we need on the Dash ecosystem; they offer multiple payment options as well as Bitcoin and Ethereum integration so it’s huge news for European users. Secondly, MaRSe is the largest and most reputable Russian exchange for bitcoin and now Dash, so we expect trading volumes to increase.”

After a series of strategic business partnerships and software upgrades from January through March, Dash’s token valuation has catapulted from $11.21 to $90.40 USD, representing an approximate 800% increase in Q1.

BitPanda CEO Eric Demuth said, “Recently we observed a significant increase in demand within our 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.”

The partnership with BitPanda will allow anyone in Europe to purchase Dash instantly with Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.

Headquartered in the heart of Moscow, off-line exchanger MaRSe previously worked exclusively with Bitcoin, but added Dash due to community demand. People are now able buy and sell Dash for rubles, with the exchange rate tied to the current exchange rate on BTC-e.

Daniel Diaz added, “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.”

Read this next

Institutional FX

Broadridge helps SLIB to enhance cross-border proxy voting in France

“Together with our partners at SLIB, we have delivered an advanced voting and communications solution that makes it easier than ever for all investors, both those in France and in other markets, to seamlessly cast their votes in the companies they own.”

Digital Assets

FTX resumes salary payments to employees and contractors, except in Bahamas and Australia

“FTX also is making cash payments to selected non-U.S. vendors and service providers where necessary to preserve business operations, subject to the limits approved by the Bankruptcy Court. We recognize the hardship imposed by the temporary interruption in these payments and thank all of our valuable employees and partners for their support.”

Market News

Rishi Sunak’s reign in real data

After several weeks of Rishi Sunak’s appointment as the new Prime Minister, it is obvious that he has claimed quite the public support.

Digital Assets

CrossTower acquires BEQUANT to help crypto industry reset and consolidate

“We are stabilizing an industry with incredible promise; regaining trust; and rebuilding the future of finance.”

Retail FX

Plum launches crypto offering for EU residents

Plum has added crypto investing to its range of investment options in France, Belgium, Spain, and Ireland. Residents there will be able to buy and sell cryptocurrencies in their app with just a few taps, via services provided by Bitpanda.

Retail FX

FX/CFD and Crypto broker Quantfury launches fractional trading of stocks, ETFs, commodities

“Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians.”

Industry News

SEC awards $20 million to whistleblower despite degree of culpability and reporting delay

The Securities and Exchange Commission has awarded a whistleblower with $20 million for providing new and critical information that led to the success of an enforcement action.

Institutional FX

Tradesmarter’s white label WOW TRADER integrates with TradingView

Tradesmarter’s white label trading platform solution WOW TRADER has integrated with TradingView, the high performance and mobile friendly charting tool.

Industry News

ASIC loses fee overcharging case against Commonwealth Bank of Australia

“ASIC pursued this case because we believed CBA did not have robust compliance systems to ensure customers were being correctly charged. ASIC will carefully consider the judgment and continue to work to ensure large financial institutions charge fees correctly and put their customers first.”

<