Dash Partners with CoinFlip ATM
It’s raining partnerships for cryptocurrencies. Another addition to this list of partnerships is a new partnership between DASH and CoinFlipATM. DASH has partnered with CoinFlipATM which might lead to a rise in its mass adoption significantly.
With growing mass adoptions and partnerships, a price spike is also expected in the price of DASH.
Dash is an open source peer-to-peer cryptocurrency and an autonomous decentralized organization. It features instant transactions, private transactions, and a self-funded, self-governed organizational structure. Security is an add-on feature as transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world.
Financial Information also remains protected. PrivateSend ensures that the activity history and balances of users are private. At the core of DASH is a unique fully-incentivized peer-to-peer network. Miners are rewarded for securing the blockchain. Masternodes are rewarded for validating, storing and serving the blockchain to users.
Masternodes represent a new layer of network servers that work in highly secure clusters called quorums to provide a variety of decentralized services, like instant transactions, privacy, and governance. They eliminate the threat of low-cost network attacks.
Coinflip was founded in December 2015. The company operates cryptocurrency ATMs that allow buying and selling of Bitcoin, Ethereum, and Litecoin all in one terminal. The rate charged at all CoinFlip’s ATMs is 6.9% above GDAX (Coinbase) spot price for buys, and 3.5% below for sells. The advantage of using CoinFlipATM is that it is instant as for many online exchanges, there is a long lag period (usually days until the funds are in place) when buying with an ACH transfer from a bank.
About the Partnership
With the partnership, ATMs that supports DASH will increase within North America by 85%. Through the partnership, DASH and CoinFlip are waving all DASH transaction fees on all CoinFlip ATMs. Apart from this, they are also holding a monthly competition to win free DASH.
The partnership will also lead to more mass adoption of DASH, hence growing its popularity.
The official announcement of the partnership was made via Twitter.
— DASH (@Dashpay) July 16, 2018
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