Dash Binance

Posted : admin On 1/26/2022

The major Venezuelan satellite television provider Simple TV has come out to announce that it will accept its subscription payment using a wide spectrum of cryptocurrencies starting with Bitcoin, Ethereum, Litecoin, Dash and Binance Coin. The news has triggered the prices of these coins to increase dramatically.

  1. Damon Dash Finance
  2. Stacey Dash Finances
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Binance offers a trading platform that directly connects buyers and sellers. It accepts multiple payment options. Credit or Debit Card. Thanks to recent partnerships, Binance now accepts debit and credit cards for purchasing dozens of cryptocurrencies for a fee. Dash is a popular open source, peer to peer (P2P), decentralized cryptocurrency that focuses on anonymity, ease of use and fast transactions. It aims to be a true form of digital cash, hence its name. The Dash Core team consists of around 50 employees who are continually improving the protocol. Dash forked out of Bitcoin’s protocol back in 2014. As one of the more popular altcoins, Dash can be purchased on most major cryptocurrency exchanges, including Binance, Coinbase Pro, Huobi Global, Kraken and OKEx. It can be traded against fiat currencies, cryptocurrencies such as Bitcoin and Ether (ETH), and stablecoins such as. Dash is an open source cryptocurrency and was forked from the Bitcoin protocol. The coin gives users the freedom to move money any way they want, for less than a cent. Sep 30, 2019 Dash, short for Digital Cash, is a transactional cryptocurrency launched in 2014 as a fork from Bitcoin ’s code. It is a privacy-focused coin, which uses its “PrivateSend” feature to mix the users’ unspent DASH before they enter a transaction, thus making the transaction untraceable.

Increase in crypto prices

Following the news, the price of Bitcoin has increased from $55,139.34 to $58,213.65 (+4.16%), its 24h trading volume has skyrocketed from $57,625,587,027 to $57,625,587,027 (+23.3%), and the market cap has soared from $1,078,088,296,477 to $1,085,846,549,173 (+3.63%).


At press time, the price of Ethereum has surged by about +6.12 percent from $1,683.72 to $1,812.80, volume has grown by nearly +41.06 percent from $22.796 bln to $24.354 bln, and MC has increased by +6.03 percent (from $206.794 bln to $208.943 bln.


Binance Coin price has grown by nearly +4.87 percent from $265.37 to now $288.05. BNB's volume has also increased from $2.067B to $2.306B (+0.36%). its MC has also grown by 5 percent from $42.529B to $44.513B (+5.01%).


Dash Binance

According to the data by CMC, the price of Dash (DASH) has also gained traction. DASH/USD is now standing at $211.19 (+1.08 percent). The DASH's volume has increased from $674,897,514 to $2.124B, and the market cap has soared from $469,743,229 to $2,123,846,199.


Damon Dash Finance

These new 4 million added crypto-users mean a lot to the digital currency market. Therefore, the prices of these cryptocurrencies are expected to continue to skyrocket further.

Growing embracement of cryptocurrency

Binance

Venezuela is known for its interest in crypto assets. In times of financial crisis, the country’s citizens are willingly using Bitcoin along with other cryptos to store their wealth. Despite the volatility, virtual currency is still better than the depreciated Bolivar.

Throughout the difficult times, the Venezuelan government has been trying to use digital currencies including its own Petro coin to survive. For instance, it has been encouraging its citizens to use Petro to bypass the hyperinflation caused by the trade and economic sanctions imposed by the USA.

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Stacey Dash Finances

Citizens now use Bitcoin, Petro and other digital coins to shop, process passports, buy oil and gas, and pay pensioners, according to CoinIdol, a world blockchain news outlet. President Nicolas Maduro is not really favouring Bitcoin while making all efforts to promote Petro and force its adoption. However, people lack trust in the Venezuelan cryptocurrency and still prefer other coins like Bitcoin, Ether, Litecoin etc.