Evolve Markets

Mongolian crypto exchange IDAX lists DASH with InstantSend support

IDAX to integrate InstandSend functionality to enable fast and seamless DASH transactions

DASH, the cryptocurrency focused on payments and e-commerce, has announced full integration, including its InstantSend feature, with IDAX (International Digital Asset Exchange), a bitcoin and crypto exchange based in Mongolia.

By including Dash InstantSend, users will be able to buy and sell DASH near-instantaneously. IDAX, which is currently ranked 11th globally by 30 days adjusted exchange volume according to CoinMarketCap, will launch a DASH/BTC pair, and provide a 50% fee waiver for the first month.

DASH deposits/withdrawals open Thursday, December 6th at 10 am ULAT (GMT +8), with trading to commence Friday, December 7th at 10 am ULAT.

“We’ve continued to see an increased demand for Dash, and specifically InstantSend, from exchanges. That’s why we’re excited to partner with a leading exchange such as IDAX, as we start to expand our InstantSend footprint globally. We’re now able to offer another trustworthy and convenient way for users to buy and sell Dash, along with the near instant transaction speeds and micro fees. This is just another example of the increasing global demand for Dash – we’re the only proactive cryptocurrency network that focuses on payments with a strong governance model.”

Bradley Zastrow, Global Head of Business Development at Dash Core Group

IDAX was created by the Global Blockchain Research Center (GBC). In collaboration with the Mongolian Government in accordance with the Belt and Road initiative, GBC focuses primarily on the development of blockchain technology and data research. Headquartered in downtown Ulaanbaatar, Mongolia, GBC covers a total area of 114,000 square meters with a total construction area of about 200,000 square meters. Including commercial integrated service area, international business office, high-end residential area, high-tech research and experimental zone, the park enjoys strong national policy support by the Mongolian Government.


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