Dash Partners With Crypto ATM Firm AnkerPay: Expanding To Africa

A new announcement is viral in the Dash news, showing that the cryptocurrency project has recently partnered with the crypto ATM firm AnkerPay in an attempt to expand to Africa. According to the official announcement, we can see that Dash partners with the crypto ATM and PoS provider in order to grow its footprint in a new continent.

The decentralized cryptocurrency project wants to tap into the sub-Saharan Africa region. For those of you who don’t follow the updates, AnkerPay is a leading South African cryptocurrency payment processing service provider with a fast growing network of ATMs. As Dash partners with the crypto ATM network, it hopes to expand its reach across the subcontinent.

The terms of this new alliance show that AnkerPay decided to integrate Dash’s InstantSend feature which allows transactions on the network to be completed. As we can see in the crypto news, Dash is known for settlement within merely two seconds thanks to its robust network.

Speaking of which, the lighting speed of transaction settlement will also ensure that the funds transferred can also be re-spent immediately. This is something that will additionally improve the user experience when people are purchasing goods or services with Dash.

Transactions made in this manner will be converted into local national currency which gives the merchants assurance about accepting Dash payments without exposure to the notorious price volatility of cryptocurrencies.

With this new partnership, the Dash users from South Africa will be able to purchase or sell the coin via AnkerPay ATMs or wallets and spend it at merchants which accept the cryptocurrency. Additionally, they will be able to use DASH to buy goods and services online.

The CEO of Dash Core Group, Ryan Taylor, commented on the partnership and said:

“The partnership with AnkerPay provides Dash a ready-to-go scaleable ecosystem to expand our presence in South Africa and soon after, the rest of Sub-Saharan Africa. Ankerpay is providing its users with the best possible Dash experience, using InstantSend to quickly complete purchases. Their solution makes it easy for merchants to accept Dash while reserving the option to receive fiat. Dash has thrived in complex markets where our technology and strategies help address payments and remittance issues.”

Meanwhile, the other Dash news from earlier last week show that the cryptocurrency got relisted on Japanese exchanges. Despite the concerns related to global financial regulators towards privacy-oriented coins, DASH has been relatively successful in making its way to the financial watchdogs’ good books.

Meanwhile, the current price of DASH on the market is $79.56 with a minimal increase on the day.