April’s first day looks too greener for Dash cryptocurrency, the 13th largest cryptocurrency at the moment. The coin has surged 15.2% higher on April 01, 2019 and stood as the hottest altcoin of the day.
According to the data from Coinmarketcap, Dash is valued at $114.72 against US Dollar and sits with an average marketcap of $1,000,367,597 USD after marking the rise of 15.2 percent within a couple of hours.
The rise was quickly followed by the latest partnership between Latin America’s exchange, Cryptobuyer, and Venezuelan department store giant Traki which also accept cryptocurrencies including Dash.
Operating as both, a network of ATMs and merchant point-of-sale solutions, Crytobuyer is already supporting Dash and couple of other cryptos. Per the partnership, Cryptobuyer is rolling out ‘zero-fee Dash buying’ to help quicker access of Dash altcoin as remittances to Venezuelan. To make it clear, Dash can be purchased without any fee in Panama, Country in Central America (where Cryptobuyer is located) and then send it to Venezuelans to assist them to buy anything directly at Traki.
Moreover, the offer is valid until May 1, 2019, which might have created a huge buzz around using Dash within a limited span of time.
Concerning the announcement, CEO of Dash Core Group, Ryan Taylor states that;
“Dash usage is growing at a rapid rate in Venezuela, as it provides an alternative that is a more reliable payment method and store of value. We’ve anticipated this initiative from Cryptobuyer, as it provides the everyday person a seamless and efficient way to access Dash and lowers barriers to entry.”
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com