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Discussion in 'Articles/News' started by nikolaoskost, Dec 7, 2017.

  1. nikolaoskost

    nikolaoskost New Member

    Dec 3, 2017
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    Dash cryptocurrency has been added to the digital wallet, and money transfer US-based platform Uphold. The users of the platform can purchase Dash online or on their mobile service device using the funds held in their Uphold account.

    Uphold, previously Bitreserve, is a Cloud-based financial services platform that permits its users to send, receive, and exchange money and commodities. It offers “frictionless” foreign exchange, cross-border remittance services and a Virtual MasterCard for its members all around the world.

    The company supports more than 184 countries and 30+ currencies, commodities, and cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and recently Bitcoin Cash. Since 2015, Uphold traded more than $2 billion in transactions.

    The supporting of Dash means that the users can buy the cryptocurrency directly through the platform by exchanging any of the 30+ backed currencies and cryptocurrencies and send it with an active email address.

    “We were eager to add Dash primarily due to the increased adoption and of real-world use cases,” said Colin Luce, the senior vice president and head of global business development to Uphold.

    “The organizational structure of Dash, with masternodes and proposals and the Core Group, is a recipe for long-term success, especially at a time where the vast majority of the top one-hundred blockchains and currencies are still primarily speculative.”

    According to the company, Uphold accounts can be funded via bank transfer in the US and SEPA in the EU. Also, funding via credit cards will be available shortly.

    Commenting on the announcement, Dash Core’s CEO Ryan Taylor, said the integration will provide Dash users with “the fastest and easiest method yet for everyday consumers to acquire Dash.”

    Another issue is the bringing of cryptocurrencies to additional countries, at the same time Uphold aims at geographically expanding.

    A few weeks ago, a pilot program to introduce Dash into Zimbabwe, as a response to the rising demand for digital tokens and alternative means of the store of value and payments began.

    Zimbabwe’s economy is suffering from some problems such as hyperinflation, unemployment and liquidity shortage.

    Called KuvaCash, the initiative targets at introducing the first-peer-to-peer localized cryptocurrency payment service, enabling residents to trade, make mobile payments, and exchange Dash to and from USD quickly and cheap.

    Das has been recently enlisted on several trading and exchange platforms including Quoine’s Quoinex and Qryptos platforms, as well as Huobi.pro.

    At the time, Dash is in the sixth position among cryptocurrencies with a market cap of $5.76 billion. The market price is at $745, up 6,600% since the launch of the year, according to CoinMarketCap.

    Source : ccbeast.com/dash-to-be-supported-by-uphold/
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  2. strophy

    strophy Member
    Dash Support Group

    Feb 13, 2016
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    This is huge. I got registration approved very quickly and was able to fund and convert to dash in 5 minutes flat. From CNY, no less. This is big news for dash!
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