Dash recently expressed that they have Launched FastPass Network for Professional Traders. Through the FastPass partners, users will be able to expect near instant deposits, transactions, and withdrawals of Dash, providing an edge in trading and a greatly enhanced user experience.
So what is the Dash FastPass Network?
The FastPass network initiative is an accreditation which recognises platforms and services within the Dash trading ecosystem which provide enhanced user experience for Dash through the integration of InstantSend or ChainLocks. This functionality makes it possible for users to deposit, withdraw, and trade Dash with unparalleled speed and security.
The FastPass network trading ecosystem consists of dozens of strategic partners and the numbers of these partners is only growing by the day. This is to provide for an optimized user experience to the Dash users on their platforms. The strategy also includes an expanding list of top-tier exchanges and industry’s leading cryptocurrency services, which provide an array of tools to traders like margin trading, derivatives, OTC, trading bots, analytics, lending, custody, and staking solutions.
Sydney Ifergan, the crypto expert opined: “Any relationship that is mutually beneficial makes sense. The FastPass Network is mutually beneficial and so I think it is going to be practical and sustainable for both.”
Dash are doing all it takes to ensure the initiative will be competitive with their peer cryptocurrencies. The speed and low cost of transactions along with the large partner network, which provides traders with an entire ecosystem for users to benefit within and from the Dash Network is only a formula to win.
Of note, Trading bots are going to play a major role as human action is very slow in the trading process. The trading portion of the network is already live.
Dash Community Advancing in Their attempts
Ryan Taylor, CEO of Dash Core Group tweeted: “We are nearing the release of v0.16 “Release Candidate 3” to testnet. This is a major release and incorporates the new block reward allocation and the core wallet interface changes we previewed on the quarterly call.”
He further spoke about the bunch of improvements and on how proud he was about the pace with which the team is running. He stated that 3 Platform releases from now will be to testnet. And that the next release is expected October 6, 2020 through October 20, 2020 and then he says they will have just two to go.
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