Dash (DASH) popularity grows in Australia and Colombia

15 Apr, 2019 | Updated: 15 Apr, 2019
by David Robb
Dash (DASH) popularity grows in Australia and Colombia

Dash (DASH) is growing in popularity in Australia after a listing on the country's Jinance exchange. Colombia is another major growth area for the crypto, thanks to a listing on the DAEXS trading platform.

The Jinance trading platform was founded back in 2017, initially known as String Exchange. It went live in September 2018, and offers a number of AUD trading pairs. It is now the first crypto exchange to offer a AUD-DASH pair.

According to Dash Core Group CEO Ryan Taylor, "Listing on Jinance with InstantSend is a big win for Dash and our Australian users, as we continue to extend that technology into new markets globally. Australia has emerged as an influential market for the cryptocurrency space, which is why we’re delighted to be able to offer an easier way for the country’s crypto community to buy and sell Dash using local currency".

Meanwhile, Dash has also been listed on the Colombian exchange DAEXS, one of the country's most popular trading platforms, and the only crypto exchange that operates in the country itself. South America is a particular hub for DASH adoption, with Venezuela's escalating hyper-inflation contributing to the popularity of the crypto there. Colombia is often used as a safe haven for Venezuelans hoping to transfer money out of the country in order to prevent losses.

Read more: 3 upcoming catalysts for a Bitcoin bull market8 experts on Bitcoin: these are the latest price predictions and opinions

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