Dash, the emerging alternative to Bitcoin, is now available live on Panama-based broker and wallet Coinapult, allowing individuals and businesses to easily and instantly buy and sell the digital asset against 20 local currencies.
Coinapult’s organic partnership with Crypto Capital, holder of an international money transmitter license, provides a seamless bridge for the regulated conversion of crypto to fiat for millions of people around the world looking to buy or sell the popular altcoin, even New Yorkers .
Daniel Diaz, Vice President Business Development at Dash, said: “We have been interested in Coinapult and Crypto Capital for a long time and have just waited for the right time. This integration is enormous for current and future Dash users as it really solves the question of how to buy and sell Dash with Fiat in an easy and safe way. You get an on / off ramp for digital currencies that is directly connected to a fully functional money transfer platform similar to online banking. You get your own segregated account with Crypto Capital, fully integrated with Coinapult, and you transfer money from your current bank to your Crypto Capital account. Instead of transferring funds directly to a third-party exchange, you have control over all of the accounts involved in the transfer process. With less risk and friction, holding and storing value on Dash becomes more secure, when you add the fact that Dash offers fast, low-cost transactions, you get an overall great user experience. “
While Dash’s surge in 2017 is well documented with 8x market capitalization and 5x trading volume (Jan 1st to May 3rd), the integration with Coinapult is expected to keep increasing demand.
Gabe Sukenik, Coinapult CEO, said, “The Dash economy’s access to Crypto Capital through Coinapult could be a significant advancement in Dash’s liquidity for bank-cleared fiat currencies. Even amid significant banking difficulties for bitcoin companies in general, Crypto Capital has continued to serve individuals and businesses in need of access to bitcoin-friendly international settlement. Dash users can now buy or sell Dash directly in Fiat using Crypto Capital and Coinapult. “
The Coinapult and Crypto Capital alliance extends to Bitcoin users as well. Accepted fiat currencies include USD, EUR, GBP, CAD, AUD, JPY, CNY, HKD (Hong Kong dollar), TRY (Turkish lira), CZK (Czech Republic Koruna). and the PLN (Polish zloty). Coinapult’s user base has grown by 300% over the past 18 months.
Diaz added, “The way it works is you need to open an account with Coinapult. You will receive a working Dash wallet instantly to deposit Dash into. On the other hand, you also need to open an account with Crypto Capital. As a money transfer, you go through an uncomplicated KYC process. When you’re done, you’ll officially get your own account with online access. Then simply link your Coinapult user to your account and you can start depositing funds into your Crypto Capital account and instantly transferring it to Coinapult to buy Dash. The money in your Crypto Capital account is always available for you to transfer via your online platform. They serve users in the US and even in places like New York. So we’re really excited about users who now have a great opportunity to buy and sell Dash in the friendly way. “
Dash’s integration with Coinapult happens at the same time that the team is making several important adjustments. Dash has hired six other C ++ developers, each with incredible backgrounds, who have earned full-time positions against a talent pool of over 50 applicants, multiple rounds of interviews, and multiple code reviews. This brings the development team to over 20.
Comments are closed.