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DASH Enters Partnership with ATM Operator

Anca F. by Anca F.
July 18, 2018
in Altcoin News

CoinFlip, a cryptocurrency ATM provider based in Illinois announced its partnership with Dash (DASH) and added that it will be offering the digital coin on its ATM network in the US, according to a statement made by Dash on Monday.

The announcement did not state the exact date when crypto users will be able to make Dash trades using CoinFlip.

CoinFlip’s support for Dash on its terminals will allow customers to make transactions with the coin at 175 ATMs in the US and just over 418 machines located in various parts of the world. According to information from CoinFlip’s website, its network is currently spread to over 70 locations in the US, most of which provide buy-only cryptocurrency options, with just several of them offering the sell option as well.

CoinFlip’s ATMs currently offer Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tron (TRX) and OmiseGo (OMG) transactions, and decided to add Dash due to being one of the notable crypto coins in terms of market cap its use in payments and e-commerce, explained Daniel Polotsky, CEO of the ATM provider. As a result, CoinFlip aims to further drive the expansion to a global level, he said.

In addition to the new partnership, the two companies also announced they will be holding a lottery which will give away one $1,000 and ten $100 cash prizes during the course of three months. Everyone who signs up and uses a CoinFlip account will be considered a participant in the lottery, where each transaction on a CoinFlip ATM is considered an additional entry.

Transaction fees on Dash purchases will not be charged for a limited period.

Charlie Shrem is a Bitcoin innovator, a social economist, and crypto trader, being well-known in his field of work. In 2011, when cryptos started taking off, he established BitInstant, the first and largest Bitcoin company. In 2013, he started the Bitcoin Foundation and acted as its vice chairman.

Over the past years, Charlie has activated as an advisor to dozen digital currency companies, and has established and managed many collaborations between crypto and non-crypto businesses, and is among the world’s richest entrepreneurs. Basically, he is a notable figure involved in the main aspects of the cryptocurrency universe.

Crypto.IQ is a leading advisory firm that offers professional research, education, and advice for matters that concern crypto assets. The company has a unique approach which consists of the combination of Charlie Shrem expert crypto knowledge and the ultimate market understanding of three Wall Street experts which have more than a century of combined experience in the financial sector.

The company has managed and traded over $1 billion worth of assets. Considering the abundance of proclaimed experts that have little trading experience and knowledge, Crypto.IQ’s team offers the adequate knowledge to secure the success of their clients.

Tags: announcementatmatm operatorcoinflipcrypto atmcryptocurrency atmDashlisting
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