Dash, a cryptocurrency for payments and e-commerce, today announced an integration with Australian-based exchange, Jinance.
The integration features the first AUD-Dash trading pair and incorporates Dash’s InstantSend technology, enabling fast and seamless transactions. Jinance will leverage automated InstantSend for outgoing transactions, a feature introduced as part of the Dash network’s version 0.13 rollout. Jinance’s support for inbound InstantSend will provide an advantage to traders who can leverage the full InstantSend capabilities for arbitrage opportunities. By listing on one of the leading exchanges in Australia, Dash will be made available to one of the biggest and most progressive blockchain and cryptocurrency communities in the globe.
“Listing on Jinance with InstantSend is a big win for Dash and our Australian users, as we continue to extend that technology into new markets globally.,” Dash Core Group CEO Ryan Taylor said. “Australia has emerged as an influential market for the cryptocurrency space, which is why we’re delighted to be able to offer an easier way for the country’s crypto community to buy and sell Dash using local currency. We hope to continue our momentum of partnering with leading exchanges and expanding our InstantSend acceptance to allow users to experience Dash’s speed and convenience.”
Formally known as String Exchange, Jinance was founded in 2017 in Melbourne by Jin Chen. Built from the ground up, Jinance launched its platform in September 2018 and now is a major partner of Fintech Australia. In May 2018, Jinance became an AUSTRAC-regulated crypto exchange, which fulfills the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) obligation.
“At Jinance, we believe that helping people to simply and easily access and enter the cryptocurrency realm is the most effective and practical way to spread knowledge about blockchain industry and realize its powerful potential, and Jinance is a hub designed to do just that and more,” Mr. Chen said. “We are happy to see more innovations such as Dash’s InstantSend that further promote transaction efficiency.”
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