In a recent announcement on Twitter, Coinstop.io announced that it would be accepting Dash as a mode of payment. This feature will be provided via the services of CoinPayments, a unified global payment solution provider. A tweet from CoinPayments also mentioned that Dash is the “currency of choice” for Coinstop.io.
Coinstop.io is one of the premier Australian providers of cryptocurrency cold storage hardware wallets, and an authorised reseller of Trezor, Ledger, and KeepKey hardware wallets. It aims to safeguard cryptocurrency holdings by storing private keys offline, instead of relying on vulnerable smartphones or computers. The Australian wallet provider began accepting Dash as a payment method for its services from 15th August onwards.
Dash, an open-source peer-to-peer virtual currency that identifies itself as ‘digital cash,’ is known for its user-friendliness. It aims to grow as the most scalable cryptocurrency in the world for on-chain projects with micro-fees and instant transactions. In a recent interview, Ryan Taylor, CEO of Dash mentioned that crypto adoption “is becoming more and more integrated with the traditional financial system.” With more service providers accepting Dash as a mode of payment, Taylor’s vision for cryptocurrencies to be widely adopted for their utility can be seen progressing.
The Dash token currently ranks among top 15 cryptocurrencies as per data available on Coinmarketcap. Also, Dash is currently trading at USD 161.39 with a total market cap of USD 1,333,701,747. Dash getting accepted by service providers like Coinstop.io introduces ease and adds value to the cryptocurrency’s real-world use case.