Crypto Payment App Adds Dash With Eight Other Tokens
By Tyler Smith – Cryptocurrency Investor
European crypto payment app 2gether, that enables users to send digital currency via a Visa debit card, is now adding dash among 8 other supported tokens.
With this, 2Gether - the app that was launched in March and is available in over 19 European Union countries - now supports a total of nine coins, including Bitcoin, EOS, Ether, Bitcoin Cash, XRP, Litecoin, Stellar, QTUM and finally Dash. Now with the aid of an iOS or Android app, users will be able to purchase and sell crypto, pay for goods and withdraw money in the ATMs against their crypto holdings.
The company can exchange a client’s crypto at the backend for fiat and then send Euros to the counterparties that accept the payments, a similar practice utilized by 2gether’s competition, Coinbase Card. Similarly, to selling crypto except the transaction all takes place when purchasing the goods or service.
When explaining why they decided to add Dash among the other tokens, 2Gether says that Dash - which is an early fork from the Bitcoin protocol - “have become the solution in crisis-stricken countries like Venezuela and Thailand”. This is turn has induced greater demand for the coin globally.
Ramon Ferraz, CEO of 2Gether, who was previously at consulting firms A.T. Kearney and Deloitte for years before joining the startup, said that the Dash partnership is ideal for the company as it’s “one of the most widely-used cryptocurrencies” worldwide. He further elaborated that by including Dash in their line-up, they can open themselves to new markets and expand their service and potentially increase crypto selling and buying.
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