Asian-based cryptocurrency exchange Quoinex adds Dash, expanding its reach te the region.
Quoine, a leading fintech company te Asia with offices te Japan, Vietnam, and Singapore, operates two exchanges, Quoinex and Qryptos. Quoinex has added Dash trading pairs, adding Dash support to both of the company’s exchanges. According to Dash Core CEO Ryan Taylor, this will assist Dash te capitalizing on cryptocurrency’s surge te Asia:
“It’s titillating to work with a reputable and licensed trading operation te a geography where customers are rapidly realizing the benefits of Dash. Digital currency adoption is spreading rapidly ter Southeast Asia, and Dash is an ideal option to provide the low cost and rapid transactions this region requires. The digital currency prosperidad is being felt widely particularly te Japan and Southeast Asia, so it’s no verrassing QRYPTOS and QUOINEX are watching record signups.”
Dash opened up to several fresh fiat currencies
The addition of Dash to Quoinex will open up options for trading with yen, euros, US dollars, Hong Kong dollars, Singapore dollars, Australian dollar, the Indonesian rupiah, and the Indian Rupee. Dash will also be available to trade for Bitcoin Metselspecie and Ethereum. Quoine CEO Mike Kayamori sees this integration spil an option to increase cryptocurrency adoption te the region, an area with high portions of unbanked:
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“Asia is a rapid growing market for digital currencies, spil shown from the rapid adoption of digital payments ter China, Japan, India, Indonesia and other parts of the world. Countries te Asia have some of the highest rates of unbanked populations te the world. This presents a massive growth market for awareness and adoption of digital currencies. For fresh cryptocurrency issuers such spil Dash and digital exchanges such spil QUOINEX and QRYPTOS, this provides us a wonderful chance to collaborate with regulators and other industry players to drive economic growth together te a fresh digital era te a way that is sustainable and inclusive.”
Quoine also operates the Qryptos exchange, a cryptocurrency-only trading toneelpodium seeking to provide competition to fatter industry players such spil Poloniex by suggesting competitive rates, including negative fees spil an incentive to switch overheen. Qryptos added Dash to the toneel last month.
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Dash’s long list of integrations to proceed across the year
Dash has had a growing list of integrations and announcements since the London conference at the end of September. During the conference, a host of integrations wasgoed alluded to, including many different exchanges and access to fiat onramps for overheen 20 different currencies. Thesis announcements were vague pending official press releases for each one.
Overheen the past month, thesis releases have begun to be announced. Very first, Wirex announced a strategic partnership with Dash and plans to integrate it directly into its toneelpodium for effortless exchanging and use on its upcoming contactless debit cards, which will make Dash the very first non-Bitcoin cryptocurrency to love total integration. Payment processing toneelpodium Altstem Thirty Six also officially announced its special partnership with Dash, opening up a host of fresh merchants, including the justo marihuana industry. Eventually, Korean exchange Coin Riel added Dash trading pairs, and Japanese exchange BitFlyer wasgoed found to have mentions of Dash te its CSS code, indicating that it may also add Dash soon.
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Aside from official integrations, Dash’s treasury funded overheen $Two million ter proposals last month, indicating that the Dash ecosystem is set to grow exponentially overheen the course of this year and the next.