Payza was the first e-wallet provider to allow members to use Bitcoin just like any other currency. Today, Payza is unveiling the ability to hold Dash right in your Payza account.
We’ve been overwhelmed by the positive response we received from our members about the new cryptocurrency features that we launched in 2017, so Payza’s team of developers has been hard at work preparing new and exciting features for 2018.
The popularity of cryptocurrencies is growing and Dash was a standout cryptocurrency in 2017, rising over 5000% in value over the course of the year. Its community is vibrant and active, making it an ideal choice for Payza to integrate into our online payment platform.
Payza adds full e-wallet support for Dash
Payza is proud to announce that Dash is now the second cryptocurrency that members can hold right in their Payza e-wallet, alongside Bitcoin and the 25 traditional currencies that Payza also supports. This means that you no longer need your own cryptocurrency wallet to hold your Dash coins.
With this latest update, Payza members can hold Dash in their accounts, send Dash to other members instantly, and exchange Dash for other currencies (including Bitcoin) entirely within their Payza account. When exchanging Dash for other currencies, the funds stay in your Payza e-wallet so there is no extra time for processing.
The Dash support also comes with very low fees: there are no fees when depositing Dash in your Payza account, the withdrawal fee is only 0.000005 Dash (miner’s fee), and the fee to receive Dash is a low 1.2% per transaction, which is lower than the standard Payza receiving fee of 2.9% + $0.30.
“There are several reasons that we chose Dash to be the second cryptocurrency integrated into our platform, after Bitcoin. Dash boasts low network fees and fast transactions, two features that users look for in a cryptocurrency,” said Firoz Patel, CEO. “Dash also has a vibrant and active community, especially in the developing world, which appeals to us as a company that also focuses on empowering underbanked populations. Finally, Dash is user-friendly and has a roadmap in place to further improve usability.”
To celebrate the launch, we are holding a promotion for a limited time: users who exchange fiat or Bitcoin into Dash will get an extra 10% of the altcoin when they buy up to 1 Dash, and an extra 5% for each Dash purchased above that amount (up to 5 Dash purchased).
The new Dash services and promotion is made possible thanks to our new partner BlockCypher. BlockCypher specializes in blockchain solutions and features blockchain agnostic products. BlockCypher’s approach makes it easier for users to interact with several cryptocurrencies through one solution.
“BlockCypher has a fantastic enterprise level solution for integrating Altcoins,” said Ali Nizameddine, Executive VP of Product and Technology. “With BlockCypher’s support, Payza looks forward to launching several exciting cryptocurrency products this year.”
More Payza cryptocurrency features to come
Stay tuned for even more cryptocurrency features to come! Thanks to BlockCypher’s blockchain solutions, we are already preparing to launch full support for Ethereum and Litecoin in the coming weeks, and we are exploring other cryptocurrency integrations as well.