Comment on DASH Joins BitINKA for Latin America Crypto Exchange and Remittance by

Photo of Caracas, Venezuela

Share with:

Dash and BitINKA, a Latin American cryptocurrency exchange, have announced the DASH cryptocurrency will soon be integrated into the BitINKA exchange and remittance platform, allowing citizens of 12 Latin American countries to buy and sell the digital currency. The announcement comes as inflation in Venezuela set records in 2017 and rose as high as 21 percent during November in Argentina. Dash offers an alternative to government backed currency with fast, secure, low fee transactions.

Fernando Gutierrez, head of legal at Dash Core, said in a statement, “BitINKA is making it possible to use Dash with local currencies that previously did not have direct access. Latin America is especially important for us because many its countries tend to have weak currencies, and people are increasingly aware of the importance of access to digital currency.”

BitINKA provides exchange into digital currencies from more than nine different fiat currencies across Europe and the Americas, and aims to expand deeper into Europe and Asia in 2018, the company said. From January 25th, BitINKA will also add Dash to the cross border remittance platform InkaPay and debit card service.

Bradley Zastrow, director of global business development at Dash Core, said in a statement, “The remittance market into South America is huge – Brazil and Colombia alone are estimated to reach $8.2 billion in 2017 according to the latest forecasts from the World Bank. Yet these payments are often attached to high fees, less than favorable exchange rates, and long wait times. We have seen the negative impacts high inflation can have on people and entire economies. Dash offers solutions to both these issues through its low transaction fees, InstantSend functionality, and its historically strong store of value.”

To learn more about Dash, visit

To learn more about BitINKA, visit

Photo of Caracas, Venezuela, by Paulinho Moran, CC BY-SA 2.0.

  • DASH Joins BitINKA for Latin America Crypto Exchange and Remittance – January 13, 2018
  • Shopin, iExec Partner to Enhance Retail Consumer Data Experience – January 12, 2018
  • Bitnovo Partnership Brings Dash to 10,000 Spanish Retailers – January 11, 2018
  • Crypto Valley Association Releases ICO ‘Code of Conduct’ – January 11, 2018
  • Kodak and WENN Digital Announce ICO to Put Photo Licensing on the Blockchain – January 11, 2018
  • Gibraltar Exchange Announces ICO for Regulated Token Sale and Exchange Platform – January 10, 2018
  • Voatz Raises $2.2M Seed Funding With Overstock’s Medici Ventures – January 9, 2018
  • BABB Names New CIO From UK’s Aldermore Bank – January 7, 2018
  • OmiseGO CEO Joins Electrify.Asia Advisory Board – January 4, 2018
  • Crypterium ICO Reports 50,000 Participants – January 4, 2018
  • Proof of Steak: BeefCoin Wants More Organic Meat in Moscow – January 3, 2018
  • Pundi X Announces Point-of-Sale Hardware Ahead of ICO – January 3, 2018
  • SyncFab Supply Chain Token Presale Launches – January 3, 2018
  • WINGS Launches Beta Testnet for Crowdsourcing ICO Evaluation – January 3, 2018

View All Articles