CEX.IO Adds Dash Support

Announcements, Now Accepting | September 19, 2017 By:

London-based cryptocurrency exchange CEX.IO has enabled support for Dash trading on its platform. The company added several trading pairs, including DASH/BTC, DASH/USD, DASH/EUR and DASH/GBP.

The company will allow users to deposit fiat via credit card or a bank transfer and then use the trading platform to buy or sell or trade against other currencies. Fast withdrawals of USD, EUR, GBP to credit or debit cards will also be available.

CEX.IO is also planning to add “bundles” to allow users to seamlessly purchase Dash in $100, $200 or $500 increments via credit or debit cards.

“CEX.IO has a long and respected track record operating in the digital currency space,” said Dash Core CEO Ryan Taylor. “Their team is highly focused on the safety, stability, and legal compliance of its platform. For Dash users and traders, the integration into CEX.IO represents another great option for them to acquire Dash through bank transfers or with payment cards from a significant number of countries. The site’s “Buy / Sell” feature makes acquiring Dash as easy as making a typical online purchase. We are especially proud to see Dash added as the latest digital currency on CEX.IO’s platform, as they are very selective about the currencies they choose to add. For me, it further validates that Dash is now clearly among the few digital currencies that are relevant for consumers.”

“We see Dash as a top rated digital currency so it was really only a matter of time before we joined forces,” said CEX.IO CEO Alex Lutskevych. “We really respect the fact that Dash is based on a real decentralized ledger and has such a strong core team and growing community. Dash also features a two tier architecture of PrivateSend, InstantSend, decentralized governance and a budget system. It’s obvious that Dash matures fast. Most importantly, Dash’s InstantSend function is incredibly impressive; in my opinion it has already paved the way for and surpassed Bitcoin’s Lightning Network, which will allow for faster Bitcoin transactions to take place. Dash are true standard setters.”

Dash is the sixth-largest cryptocurrency by market cap after bitcoin. Dash’s market cap currently amounts to $2.4 billion.