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Dash partners with European broker and Russian exchange to enhance global reach
Dash, the world’s third most valuable digital currency by market cap, has 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. With this partnership, anyone in Europe would be able to purchase Dash instantly with Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.
“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”, BitPanda CEO Eric Demuth said.
In addition, Moscow’s leading exchange MaRSe has integrated the digital currency in the wake of a historic price rise and sustained market demand. The exchange 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.
“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”, VP of Dash Business Development Daniel Diaz said.
Following 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.
“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”, Diaz added.