How to Buy DASH

(Last Updated On: April 27, 2019)

Dash is an open source p2p decentralized cryptocurrency, it started in 2017 with the initial value of $11 and now is more than $300 in value and a market capitalization value of more than 1.5 Billion dollars which is truly amazing for an emerging coin.

The slogan of the company is “Dash is digital Cash” which is indeed true, it stands apart from bitcoin and other coins as the features of Dash are truly amazing, Dash can be spent anywhere and is complete privacy-focused.

The two most amazing technological features of DASH are PrivateSend which makes a transaction impossible to track from start till end, and the other feature is called InstaSend which allows from bigger to biggest transactions to be processed in a time of microseconds.

Dash Wallets

Desktop Wallet

The best desktop based wallet for storing Dash is Dash Core wallet which includes the features of InstaSend and PrivateSend and is available cross-platform for Windows, MAC, and Linux.

There are also other options including Electrum Dash Wallet which is another DASH official wallet and is lightweight but does not include InstaSend and PrivateSend features.

Third party wallets include Jaxx and Exodus as well, a full list of wallets can be found on,

https://www.dash.org/wallets/#wallets

Mobile Wallets

Mobile wallets are considered as the most convenient ways to store coins as they are on the go, Dash also provides mobile wallet options for sending, receiving and storing Dash coins.

The only official wallet available is Dash Wallet 0.9 which is only available for iOS devices, there are other 3rd party wallets including Hash Engineering which is only available for Android and the most popular mobile wallet Coinomi also supports DASH and is available for both Android and iOS.

Hardware Wallets

The most popular choice to store any cryptocurrency is Hardware wallets as they are cold storage for coins and completely malware free, both Trezor T and Ledger Nano S are capable of storing Dash Wallets.

Buying Dash

Purchasing alternative cryptocurrencies using fiat is really hard as there aren’t many options available to buy alternative coins directly with fiat currencies. Almost buying every coin except Bitcoin using Credit cards or Bank transfers is really a challenge but there are some options to consider when buying DASH with fiat currencies.

Buying DASH using Credit Cards

CEX.io 

It is one of the oldest and reputable online exchanges available, founded in 2013 this exchange allows buying DASH on their exchange using credit cards.

BitPanda

Bitpanda is another website that allows you to buy DASH using credit cards, SEPA transfer or even skrill, but this website is only available for users based in Europe and buying limits are really low as much as 600 EURO.

Buying DASH with Bank Transfers

Kraken

Kraken is also another old and reputable online exchange based in the USA, it allows users to buy DASH against USD and Euro and deposits can be made using wire transfers.

Exchanging DASH

When it comes to exchanging DASH for Bitcoin, ETH or any other coin there are dozens of reputable exchanges available with vast trading volumes including HitBTC, Binance, Poloniex, Kraken, Bitfinex etc.

Instant exchange services like Changelly and ShapeShift can also be used to exchange DASH for Bitcoin, ETH etc.

Conclusion

DASH has made an overwhelming progress in these years and increased its value remarkably as compared to other coins, it is a worthy coin to invest on as the mechanism and science behind DASH is amazing, it may be the future of digital currencies in the future.

 


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