Leading cryptocurrency Dash has announced that it has been listed on two trading platforms launched by Japanese fintech company QUOINE – QRYPTOS and QUOINEX.

QUOINEX is one of the first cryptocurrency exchanges licensed by the Financial Services Authority (FSA) in Japan, and is one of the most liquid Japanese digital asset exchanges ranked by daily trading volume. With this listing, Dash will be available for trade against the Japanese Yen, Hong Kong Dollar, the Singapore Dollar, the Euro, the US Dollar, the Australian Dollar, the Indonesian Rupiah, the Indian Rupee, Bitcoin Cash, and Ethereum – to a growing user base predominantly located in Southeast Asia.

“It’s exciting to work with a reputable and licensed trading operation in a geography where customers are rapidly realizing the benefits of Dash. Digital currency adoption is spreading rapidly in Southeast Asia, and Dash is an ideal option to provide the low cost and rapid transactions this region requires. The digital currency boom is being felt widely particularly in Japan and Southeast Asia, so it's no surprise QRYPTOS and QUOINEX are seeing record signups,” CEO of Dash Core Group Ryan Taylor said.

In addition, Dash will benefit from added market depth through integration into QUOINE’s new global liquidity platform, called LIQUID, which will allow traders across the world access to major cryptocurrency and fiat pairs using a state of the art matching engine, cross currency conversion engine, and low latency smart order routing to multiple exchanges. QUOINE will introduce a new token called QASH to power the LIQUID platform through an initial coin offering scheduled for November 6, which will fund the development and scaling of the LIQUID platform. QUOINE will soon extend QASH promotional giveaways to Dash users for new account signups to QUOINE’s various services.

“We decided to support Dash on QRYPTOS and QUOINEX to meet a growing market demand for Dash in Asia. We are excited to onboard Dash, an innovative digital currency. We believe the lifeblood of any new digital economy is liquidity. Our QUOINE LIQUID platform will help provide market liquidity to facilitate the movement of Dash in underbanked and unbanked economies, so we expect to see a positive spillover effect in the increasing utility of Dash in these markets,” CEO of Quoine Mike Kayamori said.

Dash, currently ranked 6th by total market capitalization at $2.3 billion USD, has experienced a record year in 2017, with growth in value and trading volume increasing by 38x and 17x respectively since January 1.

“We like that QUOINE is doing their utmost to service those in need of alternative payment methods and alternative stores of wealth. Unlike some traditional payment methods, Dash can be sent and received instantly, from anywhere in the world, with no risk of double spends, chargebacks, physical theft, or fraud. It also costs much less to transact, avoiding exorbitant international wire fees and the standard 3% credit card fees for merchants. Consumers and businesses are adopting Dash to gain freedom from the fees, transaction delays, and barriers involved with traditional banking by using it to facilitate remittances, and to pay for goods and services. We’re excited to see expanded access to the Dash network in this region of the world,” Taylor added.