DASH expands presence in South America
The cooperation between DASH and PagCripto will increase the awareness of DASH in Brazil and further advance the adaptation. Recently, Cointrade.cx added DASH to its exchange, including InstandSend, which sends transactions in real time. During the last quarter, NovaDAX integrated DASH on the exchange, expanding its proprietary portfolio.
PagCripto was founded in February last year with the mission to make it as easy as possible for companies to implement a connection to the crypto currency market. PagCripto offers multiple security features and stores more than 90 percent of its customers’ funds in cold wallets. In addition, multi-signature wallets are used and regular real-time audits are performed. In addition, users can benefit from discounts the more transactions they perform on the platform.
Another Brazilian exchange, Kamoney, also integrated DASH and also offers the purchase of gift certificates with DASH. In addition, everyday bills can be paid with DASH using Kamoney as a middleman. Other exchanges that have DASH integrated are 3xbit, Coinbene and XDEX.
The team around DASH has set itself the goal of further expanding both the liquidity and availability of DASH through cooperation with stock exchanges and trading service providers, so that traders and consumers can use DASH easily and quickly.Functions such as InstantSend and ChainLocks should enable all players to hedge their capital more quickly in order to compensate for price fluctuations. In addition, ChainLocks make DASH immune to 51% attacks, effectively increasing network security.
It’s an exceedingly simply solution that’s able to be deployed on Dash because of it’s two-tier system — that is, the mining network and the masternode network.Further information on how ChainLocks works in detail can be found on the DASH blog.In September of this year, OKEx removed privacy coins such as Monero, DASH, Zcash, Horizon and Super Bitcoin from the platform. These steps are necessary as new guidelines have entered into force this summer under the Financial Action Task Force.
Author : Collin Brown