DashDirect has collaborated with Liquid’s Quick Exchange VISA card to allow users to purchase the altcoin.
The move follows the launch of payment app DashDirect for more than 155,000 vendor locations.
Omar Hamwi, Business Development Manager at Dash Core Group, stressed how he believed the Liquidity partnership and card purchase option would be key to unlocking the potential for financial freedom.
“The inclusion of Liquid’s Quick Exchange is a crucial step forward in our mutual dedication to user experience and ease of acquisition,” Hamwi said.
“With Liquid’s global coverage, users in every corner of the world will be able to participate in and benefit from this integration.
“Liquid is a recognised Dash FastPass partner which means Dash can be quickly purchased, deposited, and withdrawn to be used however and whenever the user sees fit – in other words, advancing our mission of financial freedom for all.”
VISA card purchases
The Quick Exchange will enable users in more than 100 countries to make VISA purchases of Dash in-wallet using in excess of 50 fiat currencies, with the VISA card purchase option forming the first of three planned release phases of the Liquid integration.
Liquid’s Jered Masters was keen to express his support for the integration, arguing that the combined prominence of the Dash app and Liquid’s market-leading exchange rates would provide a formidable alternative to Bitcoin as a cryptocurrency payment option.
“It’s been great working with the Dash team on something truly great for the community,” he said.
“Liquid Quick Exchange offers best-in-class exchange rates with an industry-leading user experience.
“Combined with the high-quality Dash ecosystem and the app we have quite a formidable use case.”
One of the most attractive aspects of the Quick Exchange integration is Liquid’s support for instant swaps, including using cross-chain protocols, all while boasting lower fees than using a decentralised exchange (DEX).
The next phase of Dash’s integration with Liquid will focus on a highly-anticipated swapping mechanism, allowing Dash wallet users to conduct cross-chain transactions.
The third and final phase is speculated to give users the ability to transfer Dash coins between a Liquid account and the Dash wallet. Insiders at Dash have slated the release of the final phase for Q4 2021.
More crypto news and information
As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.