Coinbase announced last week it is now supporting Dash (DASH) through its cryptocurrency exchange platform. This news comes just days after Dash announced its availability on Coinbase Pro. Coinbase reported that its customers may now buy, sell, convert, send, receive, or store DASH. The currency will be available for customers in all Coinbase-supported regions, with the exception of New York and the UK. Additional jurisdictions may be added at a later date.
“Dash is a cryptocurrency optimized for payments that has optional speed and privacy features. At this time, Coinbase will not support these features. Dash is accepted at over 4,000 merchants worldwide. Its unique network architecture consists of both regular miners and privileged machines called Masternodes. Through its off-chain community governance system, anyone can submit and vote on proposals to improve the ecosystem’s functionality, utility, and adoption.”
Coinbase went on to add that along with adding new cryptocurrencies to its platform it is also investing in new tools to help customers understand and explore cryptocurrencies.