How to Buy Dash (DASH) Coin
What is Dash (DASH) Coin
Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project’s white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.
Dash, whose name comes from “digital cash,” was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including “masternodes,” and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions.
- Dash (DASH) is a cryptocurrency designed to serve as “Digital Cash”. It allows “instant transactions with micro-fees”.
- Launched in January 2014, Dash relies on these three features: speed, privacy, and usability.
- Dash is a Proof-of-Work cryptocurrency (X11 hashing algorithm) and relies on a network of Master Nodes (requiring 1000 DASH). Its supply inflation rate is decaying: it is bound to reach 0 in 2150.
- Dash was the first cryptocurrency to include built-in privacy functions. Specifically, it introduced an extension of CoinJoin: PrivateSend. It is similar to a decentralized mixing service. Built at the protocol level, it is designed to keep coins fully fungible.
How To Buy Dash (DASH) Coin
1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Dash coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.
2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.
3.Step: Continue the process by typing the amount you would like to invest and your preferred cryptocurrency. Keep in mind that for security reasons, your credit card/debit cardholder information must match with the name available on your account. If you would like to buy cryptocurrencies with a wire transfer, you need to follow the Buy Crypto > Third-Party Payment options to pick your preferred fiat currency to buy cryptocurrencies.
4.Step: If the cryptocurrency you are planning to buy is not available on the list, buy USDT “You can always redeem 1 USDT Coin for US $1.00”. You can buy any coin you want with USDT by following Buy-Sell > Classic steps. We have provided the answer to How to buy Dash coin, now you can view the cryptocurrencies you bought by clicking on the wallet summary available on your Binance account. You can sell your assets when their value increases, or you can withdraw them to your bank account in desired fiat currency.
How Much is a Dash (DASH) Coin
Dash (DASH) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.