How to Buy Dash (DASH)

Dash (DASH) cryptocurrency ranks at 108 place by capitalization. It’s 8 April 2024 on $462,542,515 year. Circulating supply: 11,744,665. Maximum supply – N/A. The price of DASH for today – $39.31 with trading volume of $51,248,498 for 24 hours. The maximum price of Dash was registered on 20 December 2017 year and was – $1,493.59. The lowest price of DASH, $0.21390, was registered on 14 February 2014.
Dash (DASH)
$39.31 +5.67% ↑
24h price change
$2.110
Capitalization
$462,542,515
24h trading volume
$51,248,498
on the official website

How to Buy Dash (DASH) Price in USD: Convert to US Dollar

DASH
DashDASHDash
BitcoinBTCBitcoin
EthereumETHEthereum
TetherUSDTTether
BNBBNBBNB
SolanaSOLSolana
Lido Staked EtherSTETHLido Staked Ether
XRPXRPXRP
USDCUSDCUSDC
DogecoinDOGEDogecoin
ToncoinTONToncoin
CardanoADACardano
AvalancheAVAXAvalanche
Shiba InuSHIBShiba Inu
Bitcoin CashBCHBitcoin Cash
PolkadotDOTPolkadot
Wrapped BitcoinWBTCWrapped Bitcoin
TRONTRXTRON
ChainlinkLINKChainlink
UniswapUNIUniswap
PolygonMATICPolygon
US Dollar
USD
US DollarUSDUS Dollar
/wp-content/themes/tgd/assets/images/content/flag_eu.svgEUREuro
/wp-content/themes/tgd/assets/images/content/flag_ru.svgRUBRussian Ruble
/wp-content/themes/tgd/assets/images/content/flag_ua.svgUAHUkrainian hryvnia
/wp-content/themes/tgd/assets/images/content/flag_pl.svgPLNPolish zloty
/wp-content/themes/tgd/assets/images/content/flag_gb.svgGBPPound sterling
/wp-content/themes/tgd/assets/images/content/flag_jp.svgJPYJapanese yen
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on the official website
Data updated 4/8/2024

    The Dash (DASH) cryptocurrency appeared as a result of Litecoin hard fork in 2014. The developer of the project Evan Duffield pursued the goal of creating a more anonymous cryptocurrency than Bitcoin, and at the same time increasing the speed of block formation and transactions.

    Although the price of DASH has declined amid the cryptocurrency market decline in 2021-22, the coin is in the top 100 cryptocurrencies by market capitalization. In some countries, Dash is used as means of payment (for example, in Venezuela).

    If you are interested in buying Dash, threre is its review beliow in which I find out with this coin and show the main way to buy it.

    What is Dash (DASH)?

    Dash history begins in 2014 (the original name was Xcoin). Xcoin instantly became popular cryptocurrency due to support for confidential transactions. Shortly after launch, the coin was renamed to Darkcoin. However, the rebranding resulted in Dash becoming the main settlement coin on the darknet. To change its reputation, creators carried out another update, renaming the coin to Dash (from the English digital – “digital” and cash – “cash”). By 2016, Dash’s popularity on the dark part of Internet had declined.

    Basic information about Dash (DASH):

    • Year of creation: 2014;
    • Founder: Evan Duffield;
    • Confidentiality: payment mixing service (PrivateSend) allows you to ensure transactions anonymity;
    • Consensus algorithm: A hybrid Proof-of-Activity consensus algorithm is used. It combines Proof-of-Work and Proof-of-Stake algorithms;
    • Mining: CPU/GPU/ASIC. There are various mining options, but today Dash can only be mined effectively using ASIC;
    • Hash algorithm: X11 (combination of 11 cryptographic algorithms). X11 is more energy efficient and reliable, since hacking it requires bypassing all 11 algorithms;
    • Block time and size: 2.6 minutes (official website information), blocks – 2 MB, ~ 56 transactions per second;
    • Total number of coins: 18.9 million;
    • Features: decentralized network of second-level masternodes. Confidential transactions using the PrivateSend service with CoinJoin technology. Instant transactions using the InstantSend mechanism. 51% attack protection with ChainLocks. Masternode owners participate in the governance of Dash.
    Dash main page
    Dash main page

    Where to buy Dash (DASH)?

    I buy DASH on crypto exchanges as they offer a favorable rate, high liquidity and level of security. The top trading platforms for purchasing Dash are presented in the table.

    Exchange
    Website
    BTC trading volume, 24h
    1Binance
    Binance
    BTC trading volume, 24h
    66.87
    2HTX
    HTX
    BTC trading volume, 24h
    14.97
    3WhiteBIT
    WhiteBIT
    BTC trading volume, 24h
    5.24
    4KuCoin
    KuCoin
    BTC trading volume, 24h
    3.944
    5MEXC
    MEXC
    BTC trading volume, 24h
    2.485
    Read also: Crypto exchanges.

    Dash step-by-step buying guide

    Next, I will look at step-by-step instructions for buying DASH on a crypto exchange.

    1. Assess the personal level of risk

    Before investing in cryptocurrency, decide on your risk level. Follow the basic rules: Invest only such amounts of money in cryptocurrency that you can afford to lose, do not invest all your money in one coin, diversify your portfolio.

    2. Choose a crypto exchange

    Dash is traded on many cryptocurrency exchanges. When choosing a trading platform for buying a coin, take into account fees (trading and for withdrawing cryptocurrency to your wallet), study methods for replenishing a deposit, the availability of the necessary trading pairs, additional earning opportunities, exchange security and users’ reviews.

    3. Create your account

    After choosing an exchange, you need to create an account. Let’s take a look on the registration process using the example of the crypto exchange Binance.

    To create a user account:

    1. Open the main page of Binance;
    2. Click Register in the main page menu;
      Binance main page
      Binance main page
    3. Choose registration method: by email or phone;
      Selecting a registration method
      Selecting a registration method
    4. Enter your email address (if you chose to register by e-mail), referral code (if available) and click Next;
      Entering an email address
      Entering an email address
    5. Complete email verification. To do this, enter the code sent by e-mail into the form on the exchange website and click Submit;
      Email address verification
      Email address verification
    6. Then create a strong password, click Next. Now you can use your account.
    Binance requires mandatory user verification. To pass the identity check, you need ID scans and a selfie.

    4. Top up your account

    To trade on the crypto exchange, you need to replenish your account. You can make a deposit on Binance from a bank card in fiat (USD, EUR and other currencies) or using payment services.

    To funding account with USDT cryptocurrency:

    1. Click Wallet in the menu;
      Account replenishment
      Account replenishment
    2. Select Fiat and Spot and the coin with which you will replenish the deposit (in our case it is USDT), click Deposit;
      Select USDT
      Select USDT
    3. Select the network for transaction (for example, ERC20). The network selected on the exchange must match the network in the wallet from which the coins are transferred. If they do not match, the user will lose all transferred funds;
    4. Copy appeared address into the Address field. Insert it into the interface of the wallet from which you will replenish the deposit, and complete the transfer.
      USDT Address
      USDT address

    5. Buy Dash (DASH)

    To buy Dash on exchange:

    1. Login to your personal Binance account;
    2. Open the Trade → Spot tab;
      Selecting a spot on Binance
      Selecting a spot terminal on Binance
    3. Select a trading pair (for example, DASH/USDT);
      Selecting a trading pair
      Selecting a trading pair
    4. Specify the type of order (for example, Market) → enter the amount of coins to buy Dash → click Buy DASH.
      Purchase of DASH through the terminal
      Buying DASH

    How to sell Dash?

    When selling DASH, follow the same steps as when buying, and then click Sell DASH on the right side of the trading terminal.

    Selling DASH on the spot
    Selling DASH

    How to store Dash (DASH)?

    The official Dash website provides various wallets for storing the coin. User can choose the appropriate option from mobile, web and software solutions. Let’s take a closer look at some of them:

    • Mobile. Dash Wallet is an Android wallet supported by Dash (iOS users can use Dash Wallet for iOS). The wallet has advanced features including contact management and InstantSend service (instant payments). You can scan QR codes for quick transfers, create backups and restore access to your wallet, use your address book and more. You can also use multi-currency wallets like Trust Wallet;
    • to store DASH coins.

    • Web wallets. MyDashWallet provides a secure web-based interface for storing DASH, with full control over your private keys;
    • Hardware wallets. are the most secure type of wallets that store private keys in a protected form. The most common hardware wallets that support Dash: Trezor, Ledger, KeepKey.
    Read also: Top crypto wallets.

    How to withdraw Dash to my wallet?

    To withdraw Dash to a crypto wallet from the Binance exchange:

    1. Login to your exchange account → open the Wallet tab → click Fiat and Spot;
      Binance exchange wallet
      Binance exchange wallet
    2. Select DASH and click Withdraw;
      Selecting a coin for withdrawal
      Selecting a coin
    3. Choose the Dash network (other blockchains are not available) and insert the address of the recipient wallet to withdraw the coin (in our case it will be copied from the Trust Wallet);
      Start of DASH output
      Start of DASH withdraw
    4. Open the Trust Wallet on your smartphone and click Receive;
      click Receive
      Receive menu
    5. Select DASH from the list of coins. The wallet will display the address and QR-code of the recipient;
    6. Copy this address and paste it into the Address line on the exchange (or scan the QR code);
      DASH Address in Trust Wallet
      DASH Address in Trust Wallet
    7. Complete the withdrawal and check receipt in the exchange wallet.

    FAQ

    What is Dash (DASH)?
    Dash coin is a fork of the Litecoin protocol. The founder of the Dash project is a software developer Evan Duffield. Dash aim is to be a convenient and scalable digital currency focused on instant and anonymous payments.
    Where can I buy Dash crypto?
    The best place for buying DASH is a cryptocurrency exchange. You may buy DASH on any platform you chose, but I recommend to use one of the best: OKX, CoinW or Bybit
    Is it worth to buy Dash now?
    Since its inception in 2014, the Dash ecosystem has been constantly evolving. Dash uses unique technologies that give the project advantages over many cryptocurrencies: atwo-level network with full nodes and a decentralized management system, instant payments (InstantSend), low network fees for transactions, ensuring network security from 51% attacks (ChainLocks), the ability to conduct confidential transactions (PrivateSend).

    Despite all the advantages of DASH, it is worthwhile to take a balanced approach to investing in the coin, since the cryptocurrency market is extremely volatile and unstable.

    What wallet stores Dash (DASH)?
    For security reasons, it is not recommended to store significant funds on exchange, software or mobile wallets. If you own large sums of coins, choose a hardware wallet (such as Ledger or Trezor). In such wallets, private keys are stored on a physical device, which allows to increase security of funds. A convenient option for storing DASH may be to use a combination of a hardware and mobile wallet (for example, Trust Wallet or Dash Wallet).
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    Agatha Redich
    Agatha Redich
    Articles author, editor
    Articles author and website editor. Works with texts for over 12 years. Among Agatha’s clients: Rossman, Zara, Bosch, ING Bank, Lexus and others. Crypto journalist since 2018. She wrote more than a hundred articles about cryptocurrencies and the crypto market. Agatha's professional credo is to reveal complex topics in an accessible and simple way.
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    Emil Rabin
    Emil Rabin
    Site expert
    Cryptocurrency expert and financial analyst. Emil has working experience in Bain and KPMG, collaborated with PayPal and Revolut, organized more than 30 educational events about blockchain and cryptocurrencies in Eastern Europe. An expert of the TGDRatings.com portal since 2022.
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