DASH partners with Bitbns; platform introduces no-fee service for the coin

On 21st September, Dash, the cryptocurrency ranked 11th on CoinMarketCap made the announcement of its partnership with the India-based cryptocurrency exchange Bitbns. Dash is a relatively new cryptocurrency, founded in 2014 and built on the code of Bitcoin Core.

In its official Tweet, Bitbns wrote:

“We are excited to announce our new partnership with @Bitbns, one of the leading exchanges in #India! For a limited time transact in $Dash for no fees on the #Bitbns platform!”

Amidst the financial hyperinflation crisis in Venezuela, the country is holding on to Dash as the pillar of support. Recently, Discover Dash, a platform for exploring the nearby Dash merchants and events announced that the count of merchants supporting Dash around the world has gone up to 3,000. Subsequently, Venezuela accounts for almost half of the total merchant adoption of the ecosystem.

In August, it also came to light that Dash claims the second largest market in the region. The adoption of Dash is at the rate of 100 merchants per week in Venezuela, as stated by a Dash official previously. In the same month, the Venezuelan national currency was also devalued by Dash by more than 90%, which gave rise to a new enthusiasm for cryptocurrencies in the country.

Dash has also made many efforts in advancing the cryptocurrency space in Latin America. Recently, it announced its partnership with Kripto Mobile Corporation [KRIP], a platform that manufactures cryptocurrency-supported phones. Here, the phones will carry an inbuilt ecosystem of Dash, including the wallet for story DASH.

Earlier this year, the EOSIO ecosystem introduced a plan to buy and sell RAM with EOSIO’s native cryptocurrency, EOS, in case the community members run short on RAM. Bitbns became the first cryptocurrency exchange to have listed EOS RAM for sale.

Apart from Dash, the platform also deployed Tether [USDT], Ethereum Classic [ETC] for trading recently. The main cryptocurrency markets trading on Bitbns are Bitcoin [BTC], Ether [ETH], NEO [NEO], Pundi X [NPXS].

yashrajavi, a Bitbns user and a cryptocurrency investor commented on the announcement, addressing an issue. The user wrote:

“hey @bitbns deposit is pending and its been 4 days need confirmation …”

Another member of the cryptocurrency space and a Bitbns follower, A.Murali also asked:

“Will you list @LpesaICO coin in bitbns i expecting reply from you ?”