TL; DR
- Dash launches spot and perpetual trading on Bybit.
- Bybit users can now leverage Dash’s InstantSend feature.
- Bybit has launched a $94,000 treasure hunt.
About Dash
Dash is an open-source blockchain and cryptocurrency that aims to provide a decentralized global payments network at a low cost. According to the project’s white paper, Dash aims to build on Bitcoin (BTC) by providing more robust privacy and speedier transactions.
Dash, which stands for “digital cash,” was created as a fork of Litecoin in January 2014. (LTC). Since its launch, Dash has expanded to include features such as a two-tier network with incentivized nodes, including “masternodes,” and decentralized project governance; InstantSend, which allows for instant payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which provides additional transaction privacy.
Dash new spot listing on Bybit
Dash has announced a new collaboration with Bybit to launch Dash spot and perpetual trading on the platform. The announcement was made a few hours ago through a Tweet on the coin’s official handle.
Did we just mention our relationship with Bybit? We are so happy we all made a contest about it. https://t.co/STEJjujGyJ https://t.co/8aMOAAhsHu
— Dash (@Dashpay) November 3, 2021
With the latest $DASH listing, InstantSend feature will also come to Bybit, making the exchange the newest entrant into the FastPass Network. This means that all the traders on the Bybit platform will now enjoy the duplicate instantaneous transactions that Dash holders are already familiar with.
Bybit has also launched its first Treasure Hunt with a prize pool of $94,000 worth of DASH to celebrate the spot listing. Three (3) activities will be part of the prize pool, giving users three (3) times as many opportunities to raid the DASH bounty. The bounty will be available for raiding from November 3, 2021, 10 AM to 9:59 AM UTC, November 12, 2021.
Bybit is a cryptocurrency derivatives trading platform that has been running since 2018. Bybit combines the traditions of both the futures and derivative trading system to build a cryptocurrency trading ecosystem that thrives on transparency and reliability.
Prospects of Dash
Dash has a strong history of product development and invention, having introduced several innovative products and services throughout the years. In the short time since its first release on January 18, 2014, Dash has received additional features focused on speed, anonymity, and accessibility, making it particularly well-suited for use as a virtual currency. In addition, Dash has an ambitious plan and a track record of giving financial independence and influencing the future of payments for individuals worldwide, as evidenced by its ICO.
Dash wallet, DashPay Evonet, and DashPay Testnet for Android are just a few of the outstanding products and features that Dash offers.
