Dash Tweeted: “Dash Partners With #BitFxt Exchange to Facilitate Remittances to Nigeria at 1% Cost.”

BITFXT CEO, Franklin Odoemenam, opinesthat the current move is in line with the BITFXT vision, which is to be theleading cryptocurrency infrastructure in Africa — thus connecting Africa to therest of the world. There is no betterway than a partnership, according to Odoemenam, to improve adoption amongpeople and to add new people to experience an enhanced form of moneyremittance.

BITFXT Exchange is a top Nigerian Exchange, and Dash inPartnership with this exchange will be facilitating Dash Remittances for just1%. In 2018, Migrant remittances inNigeria worth $25 billion contributed to 6.1% of their GDP. The diaspora remittances to Nigeria exceededoil earnings.

Nathaniel Luz, Lead of Dash Nigeria,reinstated about the commitment of Dash in Daily remittances and internationalpayments. He stated that Dash is required for a developing economy likeNigeria. Research suggests that people spend nearly 30% when they sendremittances to Nigeria using gift cards on Paxful.

Dash and BITFXT

Dash,digital cash, facilitates individuals, merchants and businesses to carry outfast and secure transactions for less than a cent.

BITFXT Exchange is a leading, African,hybrid, Cryptocurrency Exchange, the top choice in Nigeria due to itsinnovation and ability to sustain international standards.

Dash Technical

Dash is considered to be steeplyoverbought, and it is likely to face with downside correction. The short-term scenario is bearish for thetoken. Dash might retest $130, and thenext resistance would touch $140 and $144.

Sydney Ifergan, the crypto expert, tweeted: "Dash has been busy improving themselves, and it shows in their fundamental developments, particularly the DIPs."

Dash started this week at $65, and itwas suffering; however, it skyrocketed all of a sudden by 115% on Monday, touching$140. The epic move helped Dash claim a decent spot in the rank list ofcryptocurrencies. The spike got attributed to Dash Improvement Proposals (DIP)and other fundamental developments.

Yet another reason is: "We are proud to announce the release of Dash Platform on Evonet, our public testing environment for Evolution features.”

Meanwhile, the Crypto Ratings Council,formed by the association of several crypto businesses who are committed toworking in compliance with the SEC, has stated that Dash has the least chancesto be considered a security.

Crypto Rating Council rates digital assets on a scale of 1 through 5. Dash scores 1, which means the asset has very few or no characteristics to be called a security. Thus, the token might become the point of tight regulations in the days to come in line with Bitcoin, Litecoin, Monero, Horizen, and the DAI stable coin.