Another Cryptocurrency Makes Inroads in Venezuela

Another Cryptocurrency Makes Inroads in Venezuela
Dash is establishing itself as one of Venezuela's most popular cryptocurrencies. Bitcoin may still be king on the international scene, but in South America’s northernmost country, dash is vying for superiority. And, according to Latin American exchange Cryptobuyer, it has all but usurped bitcoin in the region.“Cryptobuyer was the first platform in Latin America to integrate Dash in early 2017, as well as the first to offer it in Venezuela. Every month, we see how Bitcoin and Dash fight for the top volume in our operations, but as for the largest number of transactions, Dash is winning at this time,” said CEO Jorge Farias in a statement.In an interview with Bitcoin Magazine, Dash Public Outreach Director Joël Valenzuela clarified that “Cryptobuyer has Venezuelan bolivar trading pairs and has user accounts, so they can easily track usage out of the country.”Dash’s transaction traffic on Cryptobuyer isn’t limited to market speculation. On the contrary, dash has experienced extensive adoption by Venezuelan vendors and merchants. Some 522 domestic store owners accept dash in the country, Joël Valenzuela told Bitcoin Magazine. A Discover Dash website acts as a directory to many of these stores.“The Dash-accepting merchants in Venezuela do so openly and proudly, displaying ‘Dash accepted here’ stickers on their business doors and registers,” said Valenzuela.Given cryptocurrency’s increasing popularity as an al... For Further Information Click on Below Button
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