Jan 18, 2019 01:30 UTC
Jan 18, 2019 at 01:30 UTC
Where and How to Buy Dash (DASH) Instantly?
Dash is an open-source decentralized cryptocurrency which promises anonymity ease of use and fast transactions. Dash was Forked from the Bitcoin Blockchain in 2014.
So, you have analyzed various altcoins and decided to invest your money on Dash. Great, this article would serve as your guide on Where and How to Buy Dash (DASH) Instantly?
Dash holds many advantages over Bitcoin, like the anonymity of transactions, the instantaneous anonymous transaction with a minimal fee.
Dash uses a feature called PrivateSend, which like the tor browser, and mix your coin with various nodes to make it impossible to track a transaction from start to finish. Another feature called InstaSend allows for near-instant transactions in less than one second.
Now that you got a little trivia about the advantages of the DASH network, let us focus on the task and hand and see How you can buy Dash in a few simple steps.
You May Also Read: Top 50 Richest Dash Addresses
How To Buy Dash: A Complete Guide
Dash is fairly popular crypto in the trade market, and its anonymity features have given it enough press mileage and PR which makes it one of the easily available cryptos on various exchanges around the globe.
This tutorial would cover every aspect of buying Dash, be it the wallets required to hold your Dash or the Exchanges from where you can buy Dash easily. So let us start.
The Dash Wallet
In order to hold your physical currency, you need a wallet, similarly, the crypto tokens also require a wallet to hold. Dash can be stored in various forms of wallet, hardware wallets being the most secure one.
If you are serious about your investment and pretty sure that Dash is your perfect companion to begin your crypto journey, then we would recommend using a hardware wallet. If you are in for the technology and just strolling around, you can opt for mobile or desktop wallet.
Dash Hardware Wallets:
- Ledger Nano S,
- the TREZOR one,
- TREZOR Model T and
Dash Desktop Wallets:
- Dash Core wallet
Dash Mobile Wallets
- Edge or the Dash Core wallet for iOS.
- Coinomi wallet.
You May Also Read: Will Dash be a Good Investment in 2019?
Find A Dash Exchange
Although various cryptocurrencies have been listed on the trade market and many more get added up every day, the buying process becomes a bit complicated for newcomers.
There are only a few exchanges which allow for direct buying of the Dash crypto, but if you own the prominent ones like Bitcoin or Ethereum, then you can easily trade it for Dash from a number of exchanges
Binance is one of the most trusted ones for a large variety of altcoins on its network, so you can either make an account on Binance, get it verified, deposit your Bitcoin(if you own any), and then trade it for Dash.
If you are completely new and know nothing about exchanges and how to use it, here is a stepwise tutorial.
- Open an account with Binance, verify your identity, and then deposit your bought BTC or ETH into your Binance account.
- If you do not own BTC or ETH, you can buy it from the exchange and then trade it for the DASH token.
- In order to do that, click the “Funds” tab and search for ETH, choose “deposit”, copy the ETH or BTC deposit address and paste it to the exchange that you withdraw the money from.
- The process might take up to one hour (vary according to different exchanges).
- After completing these steps, click the “Exchange” tab on the top menu and “Basic”. Search for BTC/DASH and proceed with the transaction.
- This is how easy it is to buy Stellar instantly.
You May Also Read: How to Mine DASH Cryptocurrency?
Exchanges From Where You Can Buy Dash
CEX.io – Established in 2013, CEX.io is one of the oldest companies in the crypto game. You can buy Dash through their brokerage services or use their exchange and deposit money using your credit card.
BitPanda – The exchange allows the user to buy Dash using their credit card, Skrill account, SEPA transfer or SOFORT transfer. Buying on Bitpanda requires identity verification and buying limits are relatively low. BitPanda is available in Europe only.
Kraken – Another well-respected altcoin exchange. Kraken allows users to fund their account with USD or EUR through a wire transfer and then buy Dash directly.
Once you have bought the Dash cryptocurrency from any of the exchanges in your vicinity, you should move the bought tokens into your hardware wallet or whatever wallet you are using. As exchanges are prone to hacker attacks.
Hardware wallet is considered the safest because you are in charge of your private key and you can hold the wallet (like Ledger Nano S). Making hardware wallets one of the most secure forms holding your crypto riches.
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