Bitfinex Adds Market Trading For Dash (Again)

Exchange Bitfinex platform has added new markets for dash, the digital currency that has seen big price moves this week.

AccessTimeIconMar 3, 2017 at 7:01 p.m. UTC
Updated Sep 11, 2021 at 1:08 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Exchange Bitfinex platform has added new markets for dash, the digital currency that has seen big price moves this week.

The addition is actually the second time the exchange has listed the currency, formerly known as darkcoin. It was added in June 2014, only to be removed in August 2015 due to "persistently low trading demand". That original listing, too, came during darkcoin's 2014 market ramp, according to data from CoinMarketCap.

Bitfinex said today that it is launching new trading pairs for the currency, denominated in USD and bitcoin.

This week's price rise around dash – which originally focused on financial privacy as darkcoin before a rebranding and shift toward broader consumer use – has raised questions among some market observers as to what exactly is underpinning the market moves.

While advocates say that the digital currency is drawing in serious investors, others contend that a mixture of illiquid order books and action by traders with big holdings – known more commonly as "whales" – are driving the price ramp.

“The partnership is recognition of the way the market has been responding to Dash’s vision and roadmap," Daniel Diaz, VP of business development for the project, said in a statement.

Image via Shutterstock


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.