Venezuela is in economic turmoil, shaking the country to its core. Venezuelan digital asset brokerage Cryptobuyer believes the country’s situation warrants a broadening in currency options for citizens. To cater to this perceived need, the firm enables Venezuelans to purchase bitcoin — and recently Dash.
Also read: Jaxx Wallet Now Stores DASH, Advanced Features Coming
Cryptobuyer Offers Bitcoin Dash to Venezuelan Citizens
Cryptobuyer, a Caracas, Venezuela-based cryptocurrency brokerage, has revealed the addition of Dash to their cryptocurrency initiative. The firm believes adding Dash to the equation will benefit thousands of Venezuelan citizens suffering from a failing economy.
Reports have shown that Venezuela has been suffering from massive food shortages, inflation, and power outages due to the failed economic policies of its socialist government.
By partnering with the Dash community, Cryptobuyer will enable more efficient remittance solutions with bitcoin and Dash. This includes everyday transactions, mobile phone top-up, and recharge services for prepaid cards.
The company says since the economy started getting really turbulent — with the Bolivar dropping against the US dollar 40 percent in just one year — it has seen “soaring demand” for cryptocurrencies.
CEO of Cryptobuyer Jorge Farias details: