Dash Expands Reach By Joining Cryptocurrency ATM Platform CoinFlip

As the crypto market continues to correct, we’ve seen involvement increasing in the space behind the scenes.

More crypto jobs are available than ever before, supporting the drastic rise in altcoins available since 2017.

To further support the mass adoption of cryptocurrencies, CoinFlip has been installing crypto ATMs all over the world, and they’ve just added 80+ new Dash-compatible ATMs.

Dash Expands Reach

Daniel Polotsky, the CoinFlip CEO, sees the addition of Dash as a natural next step for his company. Since Dash’s focus has always been on the point-of-sale problem, and has remained a top 15 cryptocurrency according to its market cap, the integration is a big step in the right direction for Dash.

Although Dash already had a growing network of ATMs worldwide, their partnership with CoinFlip almost doubled their ATM count in the United States overnight.

A majority of their ATMs are located in the U.S. and Europe, and according to estimates, the total number of Dash ATMs is now around 418.

For a bit of context, as of July 2018 there is an estimated 3,400 Bitcoin-compatible ATMs worldwide, a number that continues to increase despite the recent downturn in the market.

Source: CoinATMRadar.com

Monthly Dash Giveaway

In addition to the 80+ ATMs recently announced, CoinFlip tweeted they’ll be giving away $2,000 worth of Dash every month to their ATM users.

1 grand prize winner will receive $1,000, and 10 winners will see $100 added to their accounts. Each month’s entry will close on the 15th, and rewards will be distributed 2 days later.

If you’re interested in a chance to win some Dash, there’s a few ways to enter the contest. If there’s a CoinFlip ATM in your location, simply make a transaction by using their ATM. You’ll receive 1 entry for every transaction.

You can also send a request for entry without making a purchase through the mail. Send your first and last name, the date, and a note requesting entry to:

Dash Prize Draw Contest
CoinFlip Bitcoin ATMs
5023 Oakton St.
Skokie, IL 60077

CoinFlip account owners can also enter the contest without making a purchase. Get the official details by clicking here or visiting the CoinFlip website.

Dash Adoption

Aside from the increasing amount of Dash-compatible ATMs, there’s been a rise of merchants listed on DiscoverDash that support the currency. Now totaling over 1,500 listed merchants, over 400 are located in Venezuela, a country that’s embraced crypto adoption during economic and social unrest.

While the bear market continues to make its mark, and Dash is down roughly 85% from its all time high of $1,500, merchant adoption continues to expand. To make matters easier, merchants accepting Dash can benefit from the DashBack program offered by the Anypay point-of-sales system.

In short, the Anypay incentive program rewards users for spending Dash in the short term, allowing them to hold more and earn in the long term.

The benefits of crypto transactions are real, but their reality isn’t typically enough to encourage merchants to make the switch. Systems that incentivize everyday transactions might be the nudge we need to usher in the widespread use of crypto.

Related: Dash Price Analysis: DASH Finds Major Support at .886 Fibonacci Retracement