The price of Dash DASH/USD has been moving in a downtrend last several weeks, and for now, there is no signal of the negative trend reversal. The cryptocurrency market remains under pressure, and if you decide to buy Dash this month, you should use a “stop-loss” order because the risk remains high.
Fundamental analysis: Dash has signed a partnership with African exchange Naijacrypto
Dash is a cryptocurrency that was released in early 2014, which gives you the freedom to move your money any way you want. Dash is connected with various payment programs, and the main characteristic of it is low fees and instant transactions.
Based on a decentralized peer-to-peer network, Dash solves two of Bitcoin’s biggest problems: the speed of transactions and the lack of privacy. Transactions with Dash are secure and visible to the entire network in under 1.5 seconds, while this cryptocurrency cannot be traced, and the coin’s history cannot be accessed.
Dash is used around the world as a practical alternative to cash and credit cards, and it has experienced tremendous growth in its user activity this year. Last month, Dash announced that it had signed a partnership with African exchange Naijacrypto to offer its cryptocurrency to citizens in Haiti.
“This is a huge opportunity for Haitians because they can now buy Dash with their national currency and participate in this great global economy of cryptocurrencies. Previously a Haitian had to trust someone abroad to buy Dash for them or buy it with a credit card, but credit cards are only accessible to a minority,” said Joseph Micarlo Emile, Community Leader at Dash Haiti.
It is also important to mention that Dash is not under the control of any single entity because
