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DASH becomes an alternative to cash in Austria

Coin owners have not been forced to complain about the enormous volatility of cryptocurrency lately. Market capitalization has leveled out between $ 110 billion and $ 120 billion this year, and Bitcoin and Co’s prices are nowhere near as volatile as they were a year ago.

And so it could be that more people are willing to use cryptocurrencies to pay in shops than to squat and hope that the prices will skyrocket again. The Lower Austrian startup Salamantex (Trending Topics reported) is in any case on the fact that consumers in stores in future seize the crypto-wallet instead of the purses.

Cooperation with Dash

And so users of cryptocurrencies can now pay with Bitcoin and Litecoin also with Dash at the Salamantex serviced dealers. The startup distributes terminals through which merchants can handle crypto payments in the shop. The project was implemented in cooperation with the Dash Embassy DACH. From now on, the two companies also want to work together at trade fairs and make crypto payments tasty to a wider audience. “Once again we show that crypto payments work in everyday life,” says Salamantex CEO René Pomassl. His company ensures, among other things, that the payment with cryptocurrencies are properly settled on the spot and make a direct payment in Fiat money (ie euros) is made to dealers.

This is how Dash works

Dash (short for “digital cash”) is currently ranked among the top 15 cryptocurrencies by market capitalization and aims since its beginning to become an alternative to cash. Like all other crypto assets, Dash has gained in value and lost again, holding at around $ 72. In the DACH area, the Dash project promises a lot of popularity because it is based heavily on anonymity and suspects a corresponding target group in Central Europe.


Also published on Medium.

Published inCryptocurrencies
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