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Coinapult Partners With Dash: Expanding Access to Digital Currency Trading

Coinapult, a leading Bitcoin wallet service provider, has announced a strategic partnership with Dash, one of the top 5 cryptocurrencies by market capitalization. This integration marks a significant milestone for both companies, enabling users to buy and sell Dash against 11 national currencies through a secure, regulated platform backed by Crypto Capital, a fully licensed international money transmitter.

About Coinapult: A Pioneer in Crypto Services

Founded by Ira Miller and Erik Voorhees, Coinapult has established itself as an innovative force in the cryptocurrency industry for over five years. The company provides comprehensive online consumer and B2B services to a global market, with a focus on accessibility and security.

Coinapult has a proven track record of innovation in the crypto space. The company was the first to offer Bitcoin e-wallet services via email and SMS, making cryptocurrency transactions accessible to users without technical expertise. In 2014, Coinapult introduced Locks, a groundbreaking service designed to mitigate Bitcoin’s notorious price volatility, further solidifying its position as an industry innovator.

Understanding the Dash Partnership: What It Means for Users

The Dash integration on Coinapult is now live, allowing individuals and businesses worldwide to easily and instantly exchange Dash for fiat currency. This partnership leverages Coinapult’s relationship with Crypto Capital, an international money transmitter with full regulatory licensing. Together, they provide a seamless bridge for regulated cryptocurrency-to-fiat conversions for millions of people globally.

The integration is particularly significant for users in regulated markets, including New York, where access to cryptocurrency trading platforms has been historically limited. Through this partnership, Dash users gain a compliant and user-friendly on and off-ramp for digital currency trading.

Supported Currencies and Global Reach

The Coinapult and Crypto Capital partnership supports conversion to and from 11 major fiat currencies, including USD, EUR, GBP, CAD, AUD, JPY, CNY, HKD, TRY, CZK, and PLN. This extensive currency support makes the platform accessible to users across multiple continents and market regions. Bitcoin users can also leverage this infrastructure for their trading needs.

Industry Leaders Share Insights on the Partnership

Dash VP of Business Development Perspective

Daniel Diaz, VP of Business Development at Dash, expressed enthusiasm about the integration: “We have been interested in Coinapult and Crypto Capital for a long time and were just waiting for the right time. This integration is massive for current and future Dash users because they really solve the question on how to buy and sell Dash in an easy and safe way using fiat.”

Diaz highlighted the security advantages of the platform structure: “You get a digital currency on/off ramp that is directly connected with a fully functioning money-transmitting platform similar to online banking. You get your own segregated account with Crypto Capital, which is fully integrated with Coinapult, and you wire funds from your current bank to your Crypto Capital account.”

He emphasized the risk reduction benefits: “Rather than wiring funds to a third-party exchange directly, you are in control of all the accounts involved in the wire transfer process. With less risk and less friction holding and storing value on Dash becomes safer if you add to this the fact that Dash has fast and inexpensive transactions, you get a great overall user experience.”

Coinapult CEO’s Assessment

Gabriel Sukenik, CEO of Coinapult, stated: “Giving the Dash economy access to Crypto Capital via Coinapult could be a significant step forward for the liquidity of Dash for bank-settled fiat currency. Even in the midst of significant banking difficulties for bitcoin companies broadly, Crypto Capital has continued to service individuals and businesses that need access to bitcoin-friendly international wire settlement. Dash users now can directly buy or sell Dash in fiat, using Crypto Capital and Coinapult.”

How to Get Started: Step-by-Step Process

The account setup process is straightforward and designed with user accessibility in mind. According to Dash VP Diaz, here is how the system works:

First, open an account with Coinapult. Upon registration, you immediately receive a functional Dash wallet for depositing your digital assets. Simultaneously, create an account with Crypto Capital. As a regulated money transmitter, Crypto Capital requires users to complete a Know Your Customer (KYC) compliance process, after which you receive your own personal account with online access.

Once both accounts are established, link your Coinapult user profile with your Crypto Capital account. You can then deposit fiat currency into your Crypto Capital account and transfer it instantly to Coinapult to purchase Dash. Your funds in the Crypto Capital account remain accessible at all times for withdrawal through the online platform.

This dual-account structure ensures that users maintain control throughout the transaction process, with funds never held by a third party.

Dash Development Team Expansion

Concurrent with the Coinapult partnership announcement, Dash has made significant investments in its development infrastructure. The team has successfully hired six additional C++ developers, each selected through a rigorous talent acquisition process. These candidates were chosen from a competitive pool of over 50 applicants and underwent multiple interview rounds and comprehensive code reviews before receiving full-time positions.

This expansion brings the Dash development team to over 20 members, positioning the project to accelerate its technical roadmap and innovation initiatives. The strategic hiring reflects Dash’s commitment to maintaining development excellence and supporting the growing ecosystem that the Coinapult partnership helps enable.

الوجبات الرئيسية

The Coinapult and Dash partnership represents a major advancement in making cryptocurrency accessible to mainstream users. By combining Coinapult’s innovative wallet technology with Crypto Capital’s regulated money transmission services, the partnership creates a secure and compliant pathway for converting between Dash and fiat currencies. This integration, coupled with Dash’s development team expansion, signals strong momentum for the digital currency ecosystem and improved accessibility for users worldwide.

Frequently Asked Questions About Coinapult and Dash

What is Coinapult?

Coinapult is a Bitcoin and cryptocurrency wallet service provider founded by Ira Miller and Erik Voorhees. It offers both consumer and business services globally, with a focus on security, accessibility, and innovative features like email/SMS wallet access and volatility protection tools.

Is Coinapult available in New York?

Yes, the partnership with Crypto Capital allows Coinapult to serve users in regulated markets including New York, where many cryptocurrency platforms face restrictions.

What is Dash?

Dash is a top 5 cryptocurrency by market capitalization, known for its fast transaction speeds and low transaction costs. It offers privacy features and governance mechanisms that distinguish it from other digital currencies.

What currencies does Coinapult support?

Coinapult supports conversion between Dash, Bitcoin, and 11 major fiat currencies: USD, EUR, GBP, CAD, AUD, JPY, CNY, HKD, TRY, CZK, and PLN.

Is my money safe with Coinapult and Crypto Capital?

Crypto Capital is a regulated international money transmitter, and the partnership uses segregated accounts. You maintain control of all accounts involved in the transfer process, reducing counterparty risk compared to traditional exchange models.

How long does it take to buy Dash on Coinapult?

Once your accounts are set up and linked, transfers between Crypto Capital and Coinapult are instant, allowing rapid Dash purchases when fiat funds are deposited.

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