Cryptocurrency: Huobi Global boosts presence in Latin America via acquisition of Bitex crypto exchange
Hybrid wallet provider Paycent integrates Dash cryptocurrency
With this integration, users and merchants will be able to buy, sell, and convert between digital assets in seconds with the Paycent app on iOS, and Android, as well as exchanging Dash. In addition, Dash users can utilize Paycent’s Dash-to-Fiat instant liquidity functionality as an easy, secure option for local merchant payments.
Chief Operating Officer of Paycent Nitin Gupta said that no other digital currency can compete with Dash’s InstantSend transaction speed. He touted Dash as “one of the first entries into real-life consumer payments making it no different as if you were to swipe a credit or debit card.”
“Paycent’s real-time transaction speed and multiplatform API makes this a great opportunity for anyone, regardless of experience with digital assets, to make payments to merchants as well as pay cross-border remittances using their smartphone device. This is the kind of integration that makes cryptocurrency’s payments potential a reality to the global public,” Director of Business Development at Dash Core Group Inc., Bradley Zastrow said.
Paycent’s Dash integration is made possible through BlockCypher, which specializes in blockchain agnostic solutions and makes it easier for users and companies to interact with several cryptocurrencies through one solution.
Dash is currently the thirteenth most valuable cryptocurrency by market cap and is trading at $449 levels at the time of writing.