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Dash [DASH] is now on CoinFlip ATMs; where cryptocurrency weds fiat currency

Akash Anand

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Dash [DASH] is now on CoinFlip ATMs; where cryptocurrency weds fiat currency
Source: Unsplash

On 15th July, Dash announced its partnership with CoinFlip ATM. This enabled it to increase Dash’s exposure to the North American market with plans set in place to expand it to other regions as well.

Dash has gained quite a following over the past few weeks with a slew of developments form its side. To celebrate this recent partnership, Dash and CoinFlip ATM have decided to do away with all transaction fees for withdrawals conducted exclusively on CoinFlip ATMs.

The peer-to-peer cryptocurrency company has also decided to conduct competitions and hold Dash ‘giveaways’ to mark the tie-up. This announcement was met with a lot of positive responses on Reddit with users praising the move.

Danielzopola, a Reddit user commented:

“Excellent news! One more step towards mass adoption.”

Another Redditor, ericools exclaimed:

“This is the kind of thing we really need.”

Dash coin, created in 2014, aims to be the most user-friendly and on-chain-scalable cryptocurrency in use. The cryptocurrency is self-funded and self-governed, making it answerable to its users instantly. The main advantage of Dash is that it is based on a fully established double-spend proof system. The additional features include enhancing user privacy, reducing the UTXO set size and lessening the number of inputs delegated to each Dash wallet.



CoinFlip is a cryptocurrency ATM that was established in 2015. Compared to ordinary online cryptocurrency exchanges, CoinFlip charges its user with a higher buy and sell percentages. However, the main advantage of using the ATM is that the transactions are instant and are in fiat currency. The company’s website states:

“We strive to provide the best cash to crypto experience possible. Our next-generation terminals have never made purchasing and selling cryptocurrency easier. Skip the long onboarding times of traditional exchanges and join the revolution. It’s never too late.”

In an interview in 2017, Benjamin Weiss, the COO of CoinFlip owed CoinFlip’s success to the sheer demographic that uses the service and the substantially lower costs of ATMs compared to wire transfers. He believes in the ATM’s ‘run the gambit’ of transactions.





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Engineering graduate,crypto head and Arsenal fan. Is fascinated by technology and all its marvels. Strictly against pineapple on pizza.

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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