The news follows the announcement earlier this month that Dash has also been made available on major exchange Coinbase and Coinbase Pro.
Dash is one of the longest-running cryptocurrencies and remains in the top 25 in terms of market cap. It was created in 2014 and has a market cap of $766 million at the time of writing.
Dash is now available on NovaDAX
Exchange @Nova_DAX adds @Dashpay pairs in Brazil 🇧🇷 expanding #Dash usability. they also created a contest among traders where they can win up to 2 #Dash – Welcome to Dash Nation. pic.twitter.com/XWtaI9NaLg
— Dash Brasil 🇧🇷 (@DashDinheiro) September 11, 2019
Founded in 2018, NovaDAX deals in fiat currency trading pairs, but with the addition of Dash to its network, the crypto exchange will now be able to facilitate cryptocurrency trading pairs with the native Brazilian currency the real.
Brazilian news outlet Guia do Bitcoin has also claimed that Dash is looking to increase the number of staff based in Brazil, showing a real desire to increase its presence in the country.
Dash has been attempting to boost its prominence in the crypto market recently through multiple integrations with exchanges and businesses. In 2019, popular exchanges 3xbit, Coinbene, and XDEX all listed Dash on their platforms.
The privacy-focused digital currency is now emerging as a strong contender for its competitors such as Monero and Verge.
Dash also available on Coinbase
Apart from Brazil, Dash is also targeting European and US residents with its recent listing on Coinbase and Coinbase Pro, as reported last week by Coin Rivet.
According to Coinbase, the company is listing Dash due to its strong privacy features and the project’s positive track record over the past five years.
Coinbase Pro has taken a rather gung-ho approach to token and coin listings over the past year, announcing more than 50 active trading markets since its inception.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.