DasCoin has had an exciting year so far and the advances for this cryptocurrency look set to continue. DasCoin has announced that CoinBene is adding a listing for the cryptocurrency.
A year of advances
This announcement follows an already exciting year for DasCoin, filled with numerous advances. The team held an event titled DasCoin: The Evolution of Money on 27th April 2018 at the O2 Arena in London. At this event, the cryptocurrency joined its first set of public exchanges, which included EUBX, CoinFalcon and BTC-Alpha. The DasCoin team then spent the summer exploring various cryptocurrency exchanges to see which ones would work best. After careful vetting over several months, DasCoin decided to work with CoinBene.
Since April 2018, DasCoin has also seen an expansion in its overall reach. CoinMarketCap and Blockfolio both listed DASC on their websites, providing cryptocurrency traders with up-to-date information on DASC, such as the current price and market volume. In July 2018, the blockchain speed for DasCoin was doubled, dropping the processing time to just three seconds per block, a leading speed among blockchains.
Announcing the listing
The announcement that CoinBene will be listing DasCoin came directly from Michael Mathias, DasCoin’s CEO. During the announcement, he explained that public trading is a key staging point in DasCoin’s journey. Mathias said that the team is excited about being listed on CoinBene since that exchange has quickly grown to be one of the largest in the world. According to Mathias, there will likely be another announcement indicating that DasCoin will be listed on yet another exchange, a goal he is actively working towards.
Reasons for the selection of CoinBene
Although Mathias did not specifically outline why DasCoin chose to list on CoinBene, the strong reputation of the exchange was likely a key factor in the decision. CoinBene is based in Singapore and has already made a name for itself as an industry leader. In fact, over the past two months, CoinBene is consistently one of the top 10 exchanges listed on CoinMarketCap, the well-respected independent website dedicated to digital currency analysis.
CoinBene’s reach is certainly large, as the exchange has almost two million active monthly users, spread across more than 150 countries. This should significantly extend the availability of DasCoin. Additionally, CoinBene has the scalability to handle the demand for DasCoin as it grows, since the platform processes an impressive $4 billion monthly on average.