Cryptocurrency Dash (DASH): overview, price, rate chart, how to buy and sell, create a wallet

249

Dash (DASH) is a cryptocurrency based on blockchain technology. It is open source and positions itself as the first decentralized electronic currency, the advantage of which is instant (InstantSend), anonymous (PrivateSend) and guaranteed payments. They are transmitted through an independent “Dash” network supported by thousands of users from all over the world. Fees for transfers are negligible or none at all.

Dash technology uses a two-tier p2p network architecture. It consists of miners – they ensure the security of the network and masternodes (network nodes) that verify, store and provide the blockchain to everyone.

Methods for buying DASH cryptocurrency:

✅  Cryptocurrency exchanges. For example: EXMO, Binance, Huobi, CREX24 and others.

✅  Cryptocurrency exchangers. For example, 60cek, Prostocash, Xchange, Matbea and others.

✅  p2p platforms.

DASH price to USD

Name Price Market Cap Supply Change % (7D) Performance
DigitalCash DASH
$45.40
$501,404,651.10 11044155.310659 DASH
-2.85%

DASH to USD chart

Dash (DASH) to Tether (USDT) chart

DASH / USDT chart on Binance:

DASH cryptocurrency: what is it 

Dash is digital cash, with which you can make transfers to anyone anywhere in the world in a matter of seconds. Official website in Russian: dash.org

Dash cryptocurrency ranks fifth in terms of capitalization ($ 6 billion as of December 1, 2017), behind the following coins: bitcoin (bitcoin), ethereum (ethereum), bitcoin cash (bitcoin cash) and ripple (ripple)

Since the beginning of the year, the exchange rate has increased more than 75 times (from $ 11 on January 1 to $ 826 on November 30). As of December 2, 2017, it is trading at $ 787.

Review: Investing in cryptocurrency.

How to create a Dash cryptocurrency wallet

Go to the site dash.org, select the wallet type and operating system:

  • Programs with installation on a computer.

The official wallet is called Dash Core. It is open source, provides full control and security when storing Dash cryptocurrency. Has InstantSend, PrivateSend, Masternode, Governance functions. The safest wallet for storing Dash cryptocurrency.

Another program to install on a computer is JAXX. It is a multi-currency client for storing many other cryptocurrencies: Bitcoin, Ethereum, Litecoin, etc. Has open source and simple interface. Private keys can be downloaded from the Jaxx wallet.

  • Mobile versions of Dash wallet available for Android and IOS

Dash Wallet is the official mobile application for storing cryptocurrency and making payments. It is open source on github and guarantees full control over the funds. Has a direct connection to the “dash” decentralized network.

Coinomi and Jaxx are third-party mobile wallets for Android and IOS. Provides high security and is recommended by the DASH developers.

  • Hardware wallets for Dash: Keepkey, Ledger Nano S, Trezor.
  • Dash paper wallets.

Instructions for installing DASH Core wallet on a computer:

  1. Download a wallet from dash.org for your operating system and bit depth. We start the installation and select the folder where the data will be stored and where the blockchain of the “Dash” network will be loaded. The size of the information is not large, about 1 GB, but, over time, its size will increase. For example, the blockchain of the bitcoin core wallet is more than 150 GB. Default data folder path: C: \ Users \ Username \ AppData \ Roaming \ DashCore
  1. Then the splash screen appears and preloading occurs.
  1. Dash Core is very similar to the bitcoin wallet – BitcoinCore. It immediately starts synchronizing with the network and downloads information blocks.
  1. To receive cryptocurrency, you need to click on the “Receive” tab. You do not need to fill in all the lines, you can just click “Request Payment” and see the Dash address for transferring cryptocurrency to it.
  1. An address from a set of numbers and letters of the Latin alphabet (also, in the form of a barcode) will appear in a new window.
  1. To send cryptocurrency to another address, click the “Send” tab, enter the recipient’s address, amount and select a commission.
  1. To backup, go to the “File” – “Wallet Backup” menu and save the file (its extension is dat). This procedure must be carried out periodically.
  2. All other functions of the Dash wallet are very clear and easy to understand.

JAXX Wallet Review – Dash CORE Alternative. A simple program for receiving (Receive) or transferring (Send) cryptocurrency (bitcoin, ethereum, litecoin, zcash, augur and others). In the settings (Tools-Menu-Display Private Key), you can see and save the private keys for each address (for transferring to another wallet).

To back up the JAXX wallet, you need to select Tools-Menu-Backup Wallet and save the 12-word phrase in English (seed). With their help, you can restore the wallet after deleting and reinstalling. In Setting, I recommend creating a pin code for safe use.

Article: exchanger bitcoin for rubles.

How to buy Dash in the exchanger

The main ways to buy Dash are:

  • Purchase from the online currency exchanger. The process consists in the fact that you transfer to his account the currency that you have. In return, the exchanger sends the required amount of cryptocurrency to the specified address. In addition to the Dash cryptocurrency, other most popular crypto-coins can be purchased at exchange offices: bitcoin, zcash, litecoin, ethereum, etc.

The most important point is the correct choice of service, its reliability. I recommend those I work with: Prostocash, Xchange, 60cek. They are reliable online exchangers with a good reputation, reviews, large reserves and exchange boards.

I’ll show you how to buy cryptocurrency Dash using one of them as an example: Prostocash.

The exchanger works with banks (Sberbank, Alfa-Bank, VTB-24 and others), with Visa and Mastercard RUB cards of any bank, with electronic money: Yandex, qiwi, advcash, perfectmoney, etc.

To buy Dash, you just need to select the exchange direction and enter the amount. Look at the reserves, if there is enough (the screenshot shows that the reserve is 12 DSH). For example, buy Dash for Russian rubles of Sberbank:

0.05% discount – only after registration on the service. Next, enter the information on the exchange: card number; FULL NAME. cardholder and Dash address (starts with X) where to find it, see a bit above.

There is online support on the Prostocash website, so if you have any difficulties, please contact.

In continuation: how to buy bitcoins.

Buy Dash cryptocurrency on the exchange

The second way to buy Dash is through a cryptocurrency exchange. Various cryptocurrencies are traded on their platform.

The buying process is as follows:

  • Creating an account on the exchange
  • Account balance replenishment
  • Acquisition of cryptocurrency
  • Withdrawal and transfer to another local wallet for storage

Let me show you on the example of Exmo – the first in the ranking of cryptocurrency exchanges in Eastern Europe in terms of popularity and one of the top 30 largest in terms of trading volume. It is also a recommended exchange from Dash cryptocurrency developers.

Official website: exmo.me.

In addition to the Dash cryptocurrency, other valuable coins can be purchased, exchanged:

After a simple registration on Exmo, you need to replenish any of the fiat accounts: USD, EUR, RUB, UAH or cryptocurrency. This can be done from the “Wallet” tab by selecting the desired account and clicking “Replenish”. Choose any of the ways.

From time to time, payment systems Yandex Money and Qiwi appear for accounts in RUB rubles, but the limits of the payment gateway quickly end and remain: advcash, perfectmoney, moneypolo, payeer, okpay. The screenshot shows that replenishment is still available through Qiwi.

A good alternative is to buy the exchange’s internal currency – Exmo-code in the exchanger, and then upload it on the website in the “Wallet” section – Ex-code. For example, in the Prostocash exchanger, a purchase from a Visa or Mastercard:

After replenishing the balance, to buy Dash, you can go to the “Exchange” tab. Select an account and cryptocurrency, specify the amount and make an instant exchange at the market price:

You can do it differently and create a buy order at the market. To do this, go to the “Trades” tab, select the Dash / USD cryptocurrency pair (Dash rate in relation to the dollar):

Review-article: cryptocurrency trading on the stock exchange.

Below, under the charts, select the type of order – by market:

You can enter the amount in Dash cryptocurrency or specify the amount in USD. The purchase will occur instantly at the current value, if the required amount is on the balance sheet. The purchased Dash cryptocurrency will be stored in the “Wallet” section, from where it can then be transferred to local wallets, which I discussed above.

Also, you can make money on the change in the value of an asset by trading every day on the stock exchange (buy cheaper, sell more expensive). You can also place an “By Limit” order – in it you yourself indicate the price for which you will purchase the Dash cryptocurrency and it will be executed when the rate becomes equal to it.

Leave A Reply

Your email address will not be published.