{"id":171035,"date":"2021-02-05T01:13:01","date_gmt":"2021-02-04T22:13:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dash-trade-volumes-soar-282-in-2020-as-commercial-adoption-grows\/"},"modified":"2021-02-05T01:13:01","modified_gmt":"2021-02-04T22:13:01","slug":"dash-trade-volumes-soar-282-in-2020-as-commercial-adoption-grows","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dash-trade-volumes-soar-282-in-2020-as-commercial-adoption-grows\/","title":{"rendered":"# Dash trade volumes soar 282% in 2020 as commercial adoption grows"},"content":{"rendered":"

“# Dash trade volumes soar 282% in 2020 as commercial adoption grows <\/strong>”
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Dash,\u00a0a cryptocurrency analog for electronic cash, recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably.\u00a0<\/p>\n

During its fourth-quarter livestream on Thursday, Dash Core Group reported<\/a> that average trade volumes jumped 282% year-over-year, from $9.8 million to $37.4 million. On a quarterly basis, average trade volumes increased by 48%. <\/p>\n

The total volume of payments hit $916 million, up 80% from the previous year. Commercial payment values rose 37.3% year-over-year, exceeding 22,000 transactions per day, which is reportedly higher than Bitcoin (BTC) and Bitcoin Cash (BCH)<\/p>\n

The quarterly report indicated that DASH is currently accepted as a payment method at thousands of stores, which is a reflection of growing mainstream adoption. \u201cIn January, Dash outperformed Bitcoin in terms of the number of brick-and-mortar retailers accepting digital payments in the United States,\u201d Dash Core Group said. <\/p>\n

Merchant adoption got a boost in January after Dash partnered with CrayPay, a U.S. loyalty program, to enable Dash spending at major retailers, including American Eagle, CVS, Domino\u2019s Door Dash and Gap, among others. <\/p>\n

Dash\u2019s quarterly results follow a rare exchange delisting in January over the cryptocurrency\u2019s alleged privacy features. Dash was grouped alongside Monero (XMR) and Zcash (ZEC) as a privacy coin that would no longer be tradable on Bittrex, the United States-based digital currency exchange. <\/p>\n

Dash pushed back against the \u201cprivacy coin\u201d label, arguing<\/a> that from a technical standpoint, the cryptocurrency\u2019s \u201cprivacy functionality is no greater than Bitcoin\u2019s.\u201d <\/p>\n

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From a technical standpoint, Dash\u2019s privacy functionality is no greater than Bitcoin\u2019s, making the label of \u201cprivacy coin\u201d a misnomer for Dash. We have reached out to @BittrexExchange<\/a> to request a meeting with their compliance team. Hopefully this will be rectified soon. https:\/\/t.co\/QA66OoshPn<\/a><\/p>\n

\u2014 Dash (@Dashpay) January 1, 2021<\/a><\/p><\/blockquote>\n