London-Based Cryptocurrency Exchange CEX.IO Adds Dash Trading

CEX.IO now allows users to deposit via credit card or a bank transfer and then buy or sell or trade

The Dash cryptocurrency is now listed on London-based cryptocurrency exchange CEX.IO, and is available to buy and sell online using a linked bank account.

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Ryan Taylor

CEO of Dash Core Ryan Taylor said: “CEX.IO has a long and respected track record operating in the digital currency space. Their team is highly focused on the safety, stability, and legal compliance of its platform. For Dash users and traders, the integration into CEX.IO represents another great option for them to acquire Dash through bank transfers or with payment cards from a significant number of countries. The site’s “Buy / Sell” feature makes acquiring Dash as easy as making a typical online purchase. We are especially proud to see Dash added as the latest digital currency on CEX.IO’s platform, as they are very selective about the currencies they choose to add. For me, it further validates that Dash is now clearly among the few digital currencies that are relevant for consumers.”

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CEO of CEX.IO Alex Lutskevych said: “We see Dash as a top rated digital currency so it was really only a matter of time before we joined forces. We really respect the fact that Dash is based on a real decentralized ledger and has such a strong core team and growing community. Dash also features a two tier architecture of PrivateSend, InstantSend, decentralized governance and a budget system. It’s obvious that Dash matures fast. Most importantly, Dash’s InstantSend function is incredibly impressive; in my opinion it has already paved the way for and surpassed Bitcoin’s Lightning Network, which will allow for faster Bitcoin transactions to take place. Dash are true standard setters.”

“The main deterrent of digital currency to typical investors is time and cost issues associated with access. To buy most digital currencies, people usually need to make a double exchange, for example; like fiat to bitcoin, and then bitcoin to Dash, and it can take an eternity for both transactions to settle. We have solved that dilemma. Greater access to Dash means more adoption, and more ways people can spend it on everyday goods and services or save it. More adoption means more popularity. And more popularity means more value,” Lutskevych added.

UK-headquartered CEX.io is licensed as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), allowing customers from twenty US states to make fiat deposits and withdrawals. The exchange, operated by the same entity as the Ghash.io mining pool, provides for the trading of several cryptocurrencies. USD, EUR and RUB are the supported fiat currencies.

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