{"id":16744,"date":"2017-03-04T00:00:00","date_gmt":"2017-03-03T16:00:00","guid":{"rendered":"https:\/\/www2019.dash.org\/2017\/03\/04\/dash-now-added-to-crypto-exchange-bitfinex\/"},"modified":"2021-09-18T11:40:04","modified_gmt":"2021-09-18T11:40:04","slug":"bitfinex-2","status":"publish","type":"post","link":"https:\/\/wp.dash.org\/news\/bitfinex-2\/","title":{"rendered":"Dash now added to crypto exchange Bitfinex"},"content":{"rendered":"
Dash, a cryptocurrency alternative to bitcoin, is being added to the world\u2019s largest digital asset exchange in USD terms, Bitfinex. The platform addition came into effect at 1pm EST today, allowing traders to make online buys and sells between the third most valuable cryptocurrency, USD, and bitcoin (DASH\/BTC & DASH\/USD).<\/p>\n
This news comes in the wake of popular derivatives trading platform BitMEX<\/a> adding Dash last month.<\/p>\n Dash is currently undergoing a historic rise in value. Previously one of the most stable coins, Dash began the year at $11 per and is now trading at $44 per coin. From January 1st to today, trading volume is up by a staggering 22x, and Dash\u2019s market cap has zoomed to over $320 million USD<\/a>, more than double that of every digital currency except Bitcoin and Ethereum.<\/p>\n Dash VP of Business Development, Daniel Diaz said:<\/p>\n \u201cThe partnership is recognition of the way the market has been responding to Dash\u2019s vision and roadmap. I am a firm believer that the free market will always recognize true value when growth and performance is sustained over long periods of time. Partnering with Bitfinex is a very important step for Dash as we look to provide good, regulated on and off ramps to the network that really make user applications easier. Dash is in a transition towards the regulated fiat exchanges that will make it a lot easier for users and investors to move in and out of the Dash economy, which will reduce friction and allow Dash to trade directly for fiat currencies in the more popular exchanges in the blockchain industry.\u201d<\/p>\n