Brazilian cryptocurrency exchange- CoinBene announced last week that the Company would be integrating Dash into their platform for the expansion of merchant and consumer access to Dash. CoinBene, founded in November 2017 claims to have 3 million worldwide active users from more than 200 countries. It is a leading reliable crypto assets platform and offers over 100 cryptocurrency pairings, charging only 0.10% fee for selling and purchasing cryptocurrency which is by far, the lowest in Brazil. Having partnerships with almost four of the biggest banks in Brazil, it offers superior customer support making the platform extremely stable and secure.
Regarding the integration, the Dash team revealed in a blog post that Dash Dinheiro Digital of Rodrigo Ambrissi had led Dash to have a comparatively longer presence in Brazil. The recent Dash São Paulo and their invites program have also helped maintain the presence. With having established rapid growth in Colombia and Venezuela, Dash is in the initial stage of magnification in Brazil, though its track record illustrates Dash’s growing effect in Latin America. By expanding its platform, Dash will provide the merchants and consumers with more spending, selling and purchasing options, thereby, making them more confident about using and holding Dash.
With cryptocurrency, the liquidity has always been an issue; where to use the money and its volatility are the prime hesitations. Exchange integrations and trading price discovery help solve these issues; therefore, making the users more certain in the adoption of cryptocurrency.
CoinBene delivers a multi-language interface for its worldwide users in the sectors of fiat trading, crypto trading and impending future trading. In its first three months since the launch, this platform has managed to achieve the illustrious status of Top 1 in 24 hours trading volume globally. It currently offers USDT, BTC and ETH trading along with services for the numerous cryptocurrencies and tokens around the globe.
CoinBene had previously partnered with multiple StableCoin Institutions, like GUSD and PAX.
The many hiccups in the convenience of using cryptocurrency only highlight the need for such integrations. The necessity to get Dash and other cryptocurrency options integrated with as many exchanges as possible arises from the demand to provide merchants and consumers with more options, giving them the choice of what will best work for them.