DASH, for many people in the cryptosphere, is not an unfamiliar name.
DASH, also known as “digital money”, is an open-source, decentralized, peer-to-peer (P2P) cryptocurrency. It offers many advantages to fiat currencies, Bitcoins, and other cryptos. DASH is one of the leading cryptocurrencies in 2017, constantly upgrading both its protocol and infrastructure to make it easier to use.
DASH is an exciting cryptocurrency. It is being developed by a Core Team of 50 people who work to improve the protocol.
DASH’s value has risen from $11 at the start of 2017 to more than $200 over the course of the year. DASH has a current market capitalization of $1.5 billion, making it the fifth largest altcoin.
What are the advantages of DASH cryptocurrency?
Dash can be used anywhere. DASH offers a function called InstaSend. The InstantSend feature confirms payments in under a second and avoids the problem of double spending that plagues other cryptos.
DASH offers a private-sending feature called . The feature mixes the coins using Masternodes to render it almost impossible to trace a transaction.
DASH has a high level of security, as transactions are verified by thousands of miners around the globe.
DASH, as a cryptocurrency, is the second most widely used in the world. It allows users to purchase everyday products as fast and as privately as with traditional cash.
Why is DASH better than Bitcoin?
DASH is a superior alternative to Bitcoin. DASH provides private, almost instant transactions. These features will help DASH to continue being adopted, particularly for transactions in the real world that need anonymity and speed.
Bitcoin will never be used to make everyday purchases like buying milk and bread. DASH is a better choice for anyone who wants privacy, as Bitcoin does not offer 100% anonymity.
However, despite these facts many users still have difficulty purchasing cryptocurrency. This is an article that covers Bitcoin and DASH.
Where can I buy DASH?
Top 7 Websites for DASH Cryptocurrency Buying
Kraken, based in San Francisco, U.S.A. since 2011, is one of the most prominent Bitcoin exchanges. It has an impressive trading volume of EUR. The platform operates in Canada, the US, Japan and EU. Users can buy and sell cryptocurrencies using EUR, USD and BTC.
They also offer trading in Dash(DASH) and Litecoins (LTCs). Other cryptocurrencies include Ripple/XRP, Stellar/Lumens/XLM, Monero/XMR, Tether/USDT, Gnosis/GNO, Zcash/ZEC, Dogecoin/XDG, ICONOMI/ICN, Melon/XLM, Augur REP Tokens (REP), Melon
Kraken supports the purchase and sale of DASH using these crypto pairs.
- DASH/XBT (aka DASH/BTC)
It’s easy to get started. It can take a while to verify Kraken accounts because of the three levels.
CEX was established in 2013 and is a UK based exchange. It supports buying/selling four cryptocurrencies: BTC, DASH ETH and ZEC.
CEX supports the purchase of DASH in two different ways.
- Buy DASH using bank transfer
- Buy DASH using a Credit Card
The platform supports the buying and selling of DASH using these crypto-pairs:
You can check if your country is on the list by visiting https://support.cex.io/hc/en-us/articles/232031428-New countries available for card withdrawals?page=1#comments. You can either check to see whether your country appears on the list or submit an inquiry.
Note: It can take a while for your CEX account to be verified. If you plan to use the services of CEX, start the ID verification process and card authentication 3-4 days before you need to.
Register for a CEX Account Now
Bitfinex was founded in 2014. It is one of the most well-known and largest cryptocurrency exchanges. Bitfinex is based in Hong Kong and boasts the largest trading volume of BTC.
The platform allows users to buy the 13 following cryptocurrencies using BTC and USD.
- Dash – DASH/BTC, DASH/USD
- Ethereum Classic
To get started with Bitfinex, you will need to Register and Verify your ID.
Important Notice : It usually takes 15 to 20 business days for you to be accepted onto the platform after providing valid ID proof.
Bitfinex offers iOS as well as Android apps for mobile trading.
Bitfinex no longer accepts US citizens.
Bittrex, a US-based crypto exchange, is well-regulated. It is compliant with the US laws and regulations. Crypto users do not need to worry about their money’s safety. You can buy and sell more than 190 different cryptocurrencies on this platform, including DASH.
Bittrex supports the following markets currently for DASH
Bittrex can be downloaded in a number of countries across the world.
Register and login with your email address to get started on Bittrex. To withdraw money, however, you will need to complete a KYC, which includes submitting ID and phone numbers, along with enabling two-factor authentication (2FA).
If you are looking to convert your Bitcoin, or any other cryptocurrency into DASH and you own a credit/debit card then Changelly can help you.
Changelly allows you to purchase DASH immediately if you own a MasterCard debit/credit card.
At the end of 2016 Changelly announced the feature where it accepts any currency of any country (USD/EUR/GBP/INR/etc.) It then converts the currency into USD. For USD DASH rates, click Here.
Changelly restricts purchases based on country when using credit cards or debit cards. On their website, they have a warning that the DASH prices are higher on Changelly than anywhere else. This is why I only recommend Changelly to my clients as a final resort.
You can also use Changelly to exchange your coins such as ETH or BTC for other currencies like LTC. This is a very easy process and will only require the following:
- The DASH address to which you wish to send your DASH coins.
- You can exchange some Bitcoins and altcoins for DASH. Dash is also available to buy directly with a credit or debit card.
Binance, a crypto-exchange that was launched in July 2017 and is rapidly expanding internationally, has been around since then. The platform’s headquarters is in China. However, it supports trading across the globe except for its own country.
This exchange supports multiple languages (Chinese and English as well as Japanese and Korean), for countries all over the world.
The site has a simple verification process and currently trades more than 50 crypto-currencies. Site includes buying and selling DASH for the following currency pairs:
You can follow these steps to sign up and verify. You will be rewarded with greater withdrawal benefits after successful verification.
Binance, with its native BNB crypto-token, is also one of the most affordable exchanges for trading cryptos.
7. BuyUcoin[India Only]
BuyUcoin is a new cryptocurrency trading platform . The platform offers a promising option for Indians who are interested in buying DASH using INR.
BuyUcoin supports multiple currencies, including DASH.
Signup and verification is similar to other Indian exchanges. You will need your AADHAR card details, PAN number, email address, phone number etc.
Important Note : Verifying your account can take up to 24 hours. After your account has been verified, you will be able to purchase DASH and other crypto currencies in exchange for INR.
Other exchanges that you can use to buy DASH are YoBit Bithumb HitBTC ShapeShift and Poloniex.
When you have finished purchasing DASH coins, you can move them into your wallet. Once the coins are in your wallet, you will officially be the owner of Dash.
You should not leave coins in an exchange, as they may be lost or stolen.