What Is Dash Coin And How To Buy It

What Is Dash Cryptocurrency And How To Buy It

Last Updated on October 9, 2020 by CryptoCreed

According to coingecko, Dash cryptocurrency is ranked somewhere between 30 to 35 rank. And the current dash coin price is 67$.

What is Dash?

Dash is one of the most popular coins in the crypto community. According to the Dash website, it is a Digital Cash that you can spend anywhere. Dash also is known as Darkcoin and XCoin. Dash is an open-source peer-to-peer cryptocurrency that offers the same features as Bitcoin has. But Dash has some advanced features like Instant Transactions (InstantSend), Private Transactions (PrivateSend), and Decentralized governance (DGBB). Miners are will get Dash’s for mining Dash and master nodes will get for validating, storing, and serving the blockchain to users.

Dash was released in 2014 but it gets name “Dash” in March 2015. Before Dash’s name is XCoin in Jan 2014 and it changed to DarkCoin in March 2014. The advantage of using Dash is it provide Privatization, from start to end nobody can track your payment. Instant, Dash provides the additional option of “Use InstantX” in their wallet and the sent amount will be sent fully within a few seconds. Security, transactions are confirmed by 1000 GH of X11 ASIC computing power, and over 4100 servers hosted around the world.

DASH Wallet

First of all, you need a wallet or a Dash wallet to keep your coins. Same as other coins have their own wallets. Never store your coins in your online wallets and in mobile wallets. Because they are not much secure. There are four different types of wallet where you can store your coin.

Desktop Wallet

Dash desktop wallets are the easiest and speedy way to store and access your coin. Desktop wallets are available for OSX, Linux, and Windows. These types of wallets are not the most secure. Also, you will not get the benefit of features like InstantSend and PrivateSend.

Mobile Wallet

Mobile wallets are the easiest way to carry your Dash with you but its not safe. Dash mobile wallets are available for Android and iOS. you can download Coinomi, Jaxx, or any other wallet v.0.9 wallet for your mobile.

Hardware Wallet

The safest way to keep the store and spend your Dash is a hardware wallet. Dash Hardware wallets provider like KeepKey, Ledger Nano S, Trezor.

You can use the following bitcoin wallets because they mostly support Dash cryptocurrency too.

How to Buy Dash Coins:

After having any wallets given above you are now ready to buy Dash coins. There are different ways to buy your first coin with cash or PayPal or with exchanges. Let’s discuss them here.

Buy Dash with Teller Machine’s ( ATM, CTM)

Crypto ATMs nowadays get more popular. There are more than 1500 ATMs around the world. Buying Dash through ATM is the easiest way to get your own coin check here ATM near you coinatmradar.com. For more info on how to buy DASH through Teller Machine visit here.

Through Wire Transfer

there are several sites that allow their users to buy crypto coins through Wire Transfer services like BitPanda– Allows to buy Dash using CC, Skrill, SEPA transfer. You can buy only through EROS. Kraken- Well known altcoin exchange. AnyCoinDirect- Buy DASH here through SEPA transfer only for EUROPE people.

Buy Dash through Exchanges

If you don’t have Credit Cards and not able to buy through given above ways then you can buy DASH through online exchanges. You can convert your Bitcoin or altcoins to this coin through online exchanges. Here is the list of online exchanges that support DASH.

NOTE:

Always use a Hardware wallet to store your coin.

Use always trusted Exchanges site.

Never hold your crypto coins in your desktop or mobile wallets or exchange account after buying them.

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