The major European crypto marketplace with over 770,000 clients adds
Dash for p2p crypto-to-crypto
Recently, .de has integrated Dash for direct between , when they use their private wallets for sending and receiving assets without a centralized authority.
bitcoin, Euro, and now Dash
The only crypto asset .de manages is – the use for buying other digital coins.
The platform offers the same service with Euro for fiat-to-crypto trades. Now Dash will be used in the same way.
At .de they believe that this model allows traders to conduct transactions much faster – they do not have to deposit fiat to their exchange wallets. This takes quite a long time – up to a few hours. Crypto deposits take much faster.
The commission fee .de takes from trades totals only 0.5 percent. By global market standards that is considered quite a low charge.
Dash use in Europe expands
The new use case of Dash offered by .de expands the coin’s on the continent. All crypto exchanges offer to buy with fiat. However, there are few platforms that allow purchasing Dash with fiat currencies. Now it will be possible on .de, which has a large amount of users in Europe.
This makes more people in Europe get acquainted with Dash and its PrivateSend feature, alogn with other ones, which make the coin one privacy-oriented and popular with merchants.
P2P exchanges
P2P exchanges or dexes (decentralized exchanges), as they are also known to be called, allow users to keep control of their private keys and funds in their wallets. This method is opposed to how centralized platforms owrk, such as or Bitfinex. The majority of people keep their digital assets on centralized exchanges, jeopardizing their funds.
There have been many cases when exchanges lost their users’ funds after facing malicious attacks. A good example this year has been the New Zealand’s Cryptopia exchange. It has been hacked several times in a row.
Another famous case is that of Canada-based QuadrigaCX. Its CEO suddenly died in December 2018 on his trip to India. All private keys to the users’ funds were held in his encrypted laptop, which made all the crypto locked with hardly a chance to be recovered.
Centralized exchanges planning to launch DEXes
Several large centralized platforms are now planning to launch their own dexes. has been planning on that since the end of last year. In December 2018, it released a demo video of how their dex will work.
Recently, CEO announced that the DEX in Singapore will be launched later in April. It will be launched on a separate (mainnet), Chain, developed specially for this purpose.
Also, on Tuesday, Coindesk reported that KuCoin
exchange is also considering a launch of a dex.
Published at Tue, 16 Apr 2019 18:11:09 +0000
