6 “Best” Exchanges to Buy Dash (March 2023)
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Table Of Contents
Dash is an open-source protocol that originated as a hard fork from the Bitcoin blockchain. The coin gained notoriety for its unique approach to the market. Dash focuses primarily on privacy and transaction speeds. Consequently, Dash transactions are near-instantaneous and close to impossible to trace. To learn more visit our Investing in Dash guide.
We list the top 6 exchanges that offer the ability to buy Dash (DASH) cryptocurrency with a credit card or debit card.
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry with over 9,000,000 users, and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets including Dash (DASH). For more sophisticated investors Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken offers trading access to over 190 countries including Australia, Canada, Europe, and is our most recommend exchange for USA residents. (Excluding New York & Washington state)
Read our Kraken Review or visit Kraken.
Uphold – A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including Dash (DASH). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherland residents are prohibited.
For the full lowdown, see our Uphold review or visit Uphold to get started now.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Dash (DASH) here are both lower fees than competing exchanges, and increased liquidity enabling you to buy and sell quickly to take advantage of market moving news.
This exchange is best for investors residing in Australia, Canada, Singapore, UK & internationally. USA residents are prohibited from purchasing most tokens.
Read our Binance Review or visit Binance.
Use Discount Code: EE59L0QP for 10% cashback off all trading fees.
KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Dash (DASH) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
This exchange currently accepts USA residents.
Read our KuCoin Review or visit KuCoin.
5. Huobi Global
Established in 2013, Huobi Global has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the globe. It should be noted that Huobi Global currently does not accept USA or Canadian residents.
Huobi Global is one of the top exchanges that currently offers Dash (DASH) trading opportunities.
Read our Huobi Global Review or visit Huobi Global.
Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Dash (DASH) trading opportunities and currently accept clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.
USA residents are prohibited.
Read our WazirX review or visit WazirX
What is Dash (DASH)?
Dash ‘Digital Cash’, is a cryptocurrency which was launched in 2014. It has undergone multiple name changes throughout the years. Originally titled Xcoin, the project was then renamed to Darkcoin. A second rebranding took place in 2015, which saw the project find its footing under the name Dash.
What does it do?
Dash aims to provide the capabilities of Bitcoin, along with increased privacy measures.
How does Dash (DASH) work?
Underneath the hood, Dash is a complex machine. This is due to the use of both miners, and masternodes. Network miners operate on a proof-of-work model, which utilizes various mining algorithms. Masternodes on the other hand, operate as proof of stake – meaning they are compensated based on the collateral Dash holdings.
This combination of POW and POS allows for a secure network, which also benefits from the speed, flexibility, and cost savings associated with POS models.
In order to ensure continued development of the network, Dash uses a model often touted as ‘self-funding’. This entails a % of transactions fees being set aside into a network treasury fund.
While developmental contributions on the Dash network can come from varying parties, the majority of this work is done by the ‘Dash Core Group’.
The overarching goal of Dash is to create a digital currency, which can be used on a global scale, as quickly and seamlessly as traditional credit cards, but with a few other perks. These perks entail transaction privacy, near instant transactions, low transaction costs.
Acceptance and Controversies?
Dash has managed to attain a greater level of adoption when compared to the vast majority of projects. While some of this is due to being much older than most projects, adoption is primarily due to what Dash can offer.
What Dash can offer however, is not just a pro, but a point of contention with many. This would be level of privacy afforded through its use. While Dash does indeed offer increased privacy when compared to other project like Bitcoin and Litecoin, there are those that do it better (namely Monero). The train of thought here is that privacy shouldn’t be a grey area – a transaction is either private, or it isn’t.
As a decentralized cryptocurrency, which was founded as a fork of Litecoin (and by extension Bitcoin), it is widely viewed that Dash is not a security. Rather, Dash is a digital currency.
This stance has been strengthened by endorsements from various entities, including the ‘Crypto Ratings Council’. This Council, which consists of companies such as Coinbase, Circle, Kraken, and more, provides detailed analysis on the likelihood of whether or not an asset is a security.
It is important to note that ratings doled out by the CRC are not official. While they are greatly beneficial, government regulators such as the SEC may have differing opinions.
Who Made It?
The original Dash whitepaper was released in 2014. Its creation is widely credited to a pair of individuals – Evan Duffield and Danial Diaz.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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