Dash Wallet Saw Increment of 562% Active Users In Venezuela

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
Dash Wallet In Venezuela With The Increment Of 562% In The Active Users In Between May-December 2019

  • Dash wallet’s CEO talked about the increment in the usage of dash wallet between May to December.
  • The growth rate in December predicted at approximately about 29%. 
  • The dash merchant project signed up 80% of the business that accepted Dash in Venezuela.

A significant growth statistics is recently shared through Tweeter by Mark Mason, CEO Dash wallet. In his tweet, He talked about the increment in the usage of dash wallet between May to December.


He predicted the Increment growth in-dash wallet user, nearly about 562% in the country of Venezuela. The growth rate in December predicted at approximately about 29%. 

Mark also mentioned that the overall growth prediction is not about all the user’s that installed Dash wallet and indicated that the prediction is not about total install but only for the “active device”.


The active device shows the only device that has been online at least at the count of once per month in the past 30 days. Only active members of the dash wallet are counted and participated in the growth prediction in Venezuela. 

Dash is an open-source cryptocurrency which supports peer to peer networking with a strong focus on the payments industry. Dash offers a money form that fast, inexpensive, portable and divisible Dash often offer most user-friendly and scalable payment in the world and based on the bitcoin project.

Dash also provides instant send and private send and also operates a self-governing and self- funding model which enables dash network to pay business and individual for work which help in adding more values to the network. 

Instead of Petros why Venezuela peoples use Dash currency and wallet?

As we all know, pertro is the cryptocurrency that is issued by the government of Venezuela, Petros launched at the beginning of 2018 in Venezuela. Also, the country uses to sell oil and mineral resource for its cryptocurrency Petros. 

Back in 2018, the dash merchant project signed up 80% of the business that accepted Dash in Venezuela, and also it reported that in 2018 over 2,400 firms received Dash.

So when the Petros launched in their country Dash was in the very stable position in Venezuela, and most of the people in Venezuela were familiar with the dash currency which also helps Dash is gaining popularity in Venezuela.

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