Dash, the world’s third most valuable digital currency hopes two new partnerships will help move it up the list.
Europe’s BitPanda, a service facilitating the exchange of Bitcoin and Ethereum, has added a Dash buy option due to consumer demand, BitPanda’s CEO Eric Demuth explained.
“Recently we observed a significant increase in demand within our customer base for Dash. We carefully observe the market before we add a new technology to our platform. Continuous development as well as a stable community are important parameters for us. Therefore we have decided to add Dash on BitPanda.com.”
European consumers can now instantly buy Dash with Visa, Mastercard, Sofort, SEPA, Neteller, Skrill and EPS/Giropay.
Dash has also been integrated into Moscow’s MaRSe exchange, who, like BitPanda, added Dash because of consumer demand. Russians can exchange Dash for rubles based an exchange rate tied to the current exchange rate on BTC-e.
“We are very excited about Dash being added to BitPanda and to MaRSe,” Dash VP of business development Daniel Diaz said. “We are focused on improving access to Dash for users across the planet and it’s exciting to see spikes in demand from places like Europe and Russia. Firstly, BitPanda is the type of high quality broker we need on the Dash ecosystem; they offer multiple payment options as well as Bitcoin and Ethereum integration so it’s huge news for European users. Secondly, MaRSe is the largest and most reputable Russian exchange for bitcoin and now Dash, so we expect trading volumes to increase.”
Dash’s token value has risen from $11.21 to $90.40 USD, the first quarter, the company said in a release.
“We are working around the clock to pave the way to mainstream adoption and Dash is becoming prevalent in many important regions globally,” Mr. Diaz continued. “We are proud to gain allies in companies like BitPanda and MaRSe because they are focusing on projects that are playing a leading role in the transformation of finance through blockchain technology.”