Bitbns, One of India’s Largest Cryptocurrency Exchanges Lists Dash (DASH) Cryptocurrency.
The announcement made by Dash cryptocurrency and the Bitbns cryptocurrency exchange on their social pages indicated the addition of the DASH/INR pair for trading. The strategic partnership between the two companies will allow users to buy and sell DASH currency directly on the exchange using the Indian Rupees. This move entices more Indian participation in cryptocurrencies on the exchange as well as opening up a new market for the Dash currency.
DASH/INR Pair Added on the Bitbns Cryptocurrency Exchange
Speaking on the partnership, the CEO of Bitbns cryptocurrency exchange, Gaurav Dahake praised the partnership between Bitbns and Dash currency saying the goals of the two companies are aligned perfectly to push for global adoption of cryptocurrencies across the globe. Starting with India and the greater South Asia region, the two companies are taking small steps towards achieving the set goal of global adoption.
“Both Dash and Bitbns share a common goal of making cryptocurrency more accessible for everyone across the globe, and we hope through this partnership we can take a small step in achieving this in India and the broader South Asia region. In addition, we are organizing a massive competition along with Dash to drive digital payments in a more seamless way for Indian users. We have created one of the most seamless ways for users to deposit and withdraw fiat and trade digital assets, with our new deposit flow with an open order sandwiched in between.”–Gaurav Dahake, CEO of Bitbns cryptocurrency exchange.
Adoption of Dash to the Bitbns exchange will greatly benefit the value of the cryptocurrency as it is introduced to a new market, India. Boasting as one of the top cryptocurrency exchanges in the country, Bitbns is also one of the fastest exchanges around. The InstantSend feature increases the confirmation speeds of transactions as well as increasing the security of the platform for users who do not need to keep large balances on exchanges to take advantage of trading opportunities. Speaking on the benefits of the partnerships, the Head of Business Development of Dash Core global, Bradley Zastrow said,
“We’re extremely excited to leverage this partnership to become a part of such an up-and-coming market early on. We’re additionally excited about the support for InstantSend, one of our core areas of focus. The more we can build this across exchanges globally, the more we additionally build networked liquidity and increase opportunities for traders and exchanges.”
Through the InstantSend feature integrated on the Bitbns exchange, Dash trades will be completed instantaneously which will reduce the delays faced in confirmations of transactions on the Dash blockchain.
The Bitbns Cryptocurrency Exchange
The Bitbns cryptocurrency exchange was launched at the time of the crypto boom in late 2017 as the exchange focused on adding as many coins as possible for trade. Since the launce in December, the exchange has seen a significant increase in assets traded on the Bitbns crypto exchange. The peer to peer exchange is globally available to investors wishing to participate in direct transactions with each other.
Furthermore, Gaurav said the strategic partnership between Dash and Bitbns exchange will start a competition for users in a bid to push the marketing stance of trading the DASH/INR pair.