The integration will result in an 80+% increase in Dash ATMs, bringing the global total to just over 418 machines. The partnership will make Dash more accessible for today’s users and demonstrates a significant step towards mainstream adoption.
Dash Increases Accessibility Through New Partnership With Coinflip ATMs
Partnership will result in a 80+% increase in Dash ATMs within the United States
New York, NY — July 16, 2018 — Dash, the top digital currency for payments and e-commerce, has announced a partnership with CoinFlip, one of the nation’s premier cryptocurrency ATMs which operates 80+ machines in the United States, bringing its global total to just over 418 machines. Based in Illinois, CoinFlip offers the most coins globally of any cryptocurrency ATM at one the lowest rates, and will now integrate Dash and its InstandSend technology into all of its machines.
The new integration significantly expands Dash ATM access in the U.S. with all CoinFlip ATMs providing Dash-buy functionality while select locations will offer two-way buy/sell functionality. In addition to the integration, Dash and CoinFlip will host a lottery to celebrate the partnership, with one selected participant receiving a $1000 cash prize, and ten additional participants receiving $100 cash prizes. Participants are automatically entered into the lottery by creating and maintaining a CoinFlip account, and can submit additional entries by making a Dash transaction using a CoinFlip ATM. The lottery will occur monthly, and will run for three months in a row. In addition, for a limited time all CoinFlip transaction fees will be waived for Dash purchases.
Dash Core Global Head of Business Development Bradley Zastrow said: “Working with CoinFlip is a key milestone for Dash as this single partnership now means we’ve almost doubled our ATM network overnight within the United States. This is a significant step in working toward achieving mainstream adoption. CoinFlip offers an incredibly intuitive and simple user interface, making it easy for even non tech-savvy individuals to acquire Dash. One of our biggest objectives with Dash is making cryptocurrency accessible to the broader public, and CoinFlip is going to play a major role in advancing that cause.”
CoinFlip offers its services in 80+ locations across the United States — including locations in Wisconsin, Illinois, Indiana, Ohio, Texas, Tennessee, North Carolina, Nevada, Colorado, and California. In addition to Dash (DASH), users can use CoinFlip’s ATMs to buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tron (TRX), and OmiseGO (OMG). As an added bonus, CoinFlip ATMs currently boast the cheapest cryptocurrency ATM fees globally at 6.9% over spot price for cryptocurrency purchases and 3.5% under spot price for cryptocurrency sales, and will even be waiving fees for all Dash purchases for a limited time. They also offer 24-hour customer support, and allow interested individuals to operate their own CoinFlip ATMs.
CEO of CoinFlip Daniel Polotsky said: “Since Dash is a commonly-used digital currency for payments and e-commerce and a top 15 coin by market capitalization, Dash was an obvious choice for us to integrate into our 80+ ATMs. At CoinFlip, we strive to provide the best cash to crypto experience possible, and we hope by partnering with an in-demand cryptocurrency such as Dash, we’ll be able to continue our global expansion to make buying and selling cryptocurrencies easy for anyone, anywhere.”
After the CoinFlip ATM integration, Dash will now be available to buy and/or sell at 175+ ATMs within the U.S., making it widely accessible for today’s users. This comes prior to the H2 2018 release of Dash’s latest project, Dash Evolution, which will allow millions of people across the globe to carry out instant, secure, and near fee-free transactions through a decentralized PayPal or Venmo-like platform.