Leading cryptocurrency Dash has partnered with CoinFlip, a U.S.-based cryptocurrency ATM operator, thereby significantly expanding Dash ATM access in the U.S – bringing its global total to just over 418 machines.
With this partnership, Coinflip will now integrate Dash and its InstandSend technology into all of its machines. All CoinFlip ATMs will provide Dash-buy functionality while select locations will offer two-way buy/sell functionality, the release said.
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.
“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,” Dash Core Global Head of Business Development Bradley Zastrow said.
In addition, 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.
Based in Illinois, CoinFlip offers its services in 80+ locations across the U.S. — 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). According to the official release, 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.
