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Introduction – Dash
In this post we will talk about ‘How to Buy Dash’ in 2018. Dash is a peer-to-peer, open source and decentralized cryptocurrency. It was first released as XCoin (XCO) on the 18th of January 2014 and then changed to Darkcoin on the 28th of March of that same year before it was finally rebranded as Dash on March 25, 2015. Dash can be used to make private and instant payments online or in-store around the world.
Also, read about Top 10 Cryptocurriences to invest in 2018
Features of Dash
- Instant Send – which allows payments to be confirmed in less than a second.
- Private Send – which protects users financial information by making users activity history and balances private. Dash does this by mixing coins through master nodes making it almost impossible to track transactions from start to finish.
- Security- Dash offers very good security of transactions made by users as they are confirmed by miners with “200 TerraHash of X11ASIC computing power and over 4,500 servers all around the world,” according to Dash website.
- Self-Governing and self-funding – Dash funds itself and operates by consensus so; everyone is accountable to the network.
If you want to buy some Dash, the following steps can be considered.
Get a Dash wallet
The first thing to do before buying Dash is to get a Dash wallet which is where your Dash is stored safely. There are different types of Dash wallets available. You could get a
Dash wallet with desktop
This is available for Mac, Windows, and An example of a Dash wallet is the Dash core wallet, which is supported on any of the above-mentioned desktops.
Dash hardware wallet
This is an external device that stores your Dash in cold storage. It is most useful for large amounts of Dash. Some hardware wallets that support Dash include Trezor, Ledger, and
Dash mobile wallet
There are some wallets that support Dash and are available for both Android and iOS g. Jaxx. So make a decision on what type of wallet you want and get it.
After getting a Dash wallet, you can then proceed to buy some Dash. For those that already own bitcoin, you can exchange your bitcoin for the amount of Dash you wish to get on any cryptocurrency wallet that supports the Dash.
Buy Dash via Exchanges
Some exchanges even allow you to purchase Das through a wire transfer. After you transfer money to the exchange and you are successfully verified, the dash is then transferred to your account on the exchange.
Buy Dash via ATM’s
You can otherwise purchase Dash directly with cash through Dash ATMs. However you will be charged a fee, and these ATMs are not available all over the world. You can view Atm locations available to purchase cryptocurrencies online.
Buy at Cheap Prices – Purchase Dash directly
You can also purchase Dash directly with cash through an escrow service by depositing money at a bank and then receiving Das directly and inexpensively from sellers.
Withdraw the Dash into your dash wallet
Remember to move your Dash from the exchange into your personal wallet after successfully buying the dash for better security.