Dash, the cryptocurrency for payments and e-commerce, has been added to the array of top cryptocurrencies available on CoinCola’s over-the-counter (OTC) trading platform for digital assets including BTC, ETH, BCH, LTC, and USDT. The announcement comes as CoinCola aims to expand its presence in Latin America, where Dash has gained significant adoption levels in recent months.
Dash Core Group CEO Ryan Taylor said:
The adoption of Dash in Latin America has accelerated rapidly in recent months, and I expect to see it grow further through our listing on CoinCola, a leading OTC platform. This integration enables Dash to achieve even greater adoption in Venezuela, offering easy access for users to exchange high volumes more quickly and securely. Dash users in this region are continuously benefiting from a valid alternative to fiat currencies, and this partnership will bring them further into the global economy with a trusted, proven OTC platform.
The Hong Kong-based company will offer 0 percent fees on Dash until October 31, 2018, enabling Latin American users to trade with and purchase the cryptocurrency at no additional cost. The added initiative aims to provide further economic relief to the region through ease of access to an alternative payment currency.
CoinCola Founder and CEO Allan Zhang, commented:
CoinCola is averaging 100,000 transactions every month on our platform. We are the second largest public OTC platform in the world by transaction volume and at this time 95 percent of total transactions are from Asia. With our partnership with Dash, we will be truly global. We decided to partner with Dash because it is the most efficient digital currency for payments, offers the lowest fees, and provides InstantSend technology. Dash represents a strong presence in Venezuela, Latin America, and the rest of the world. We are very selective in with which coins we list to our platform and we are proud to now offer Dash to Venezuelan users.