Easily Buy Dash Online With Any Payment Method Now!

Are you looking for a Dash exchange to Bitcoin? Do not hurry because Dash might be not as simple as you might believe. Why so? Well, to understand the Dash perspectives, let us have a look at what it offers to its users and why it might be more promising than the father of cryptocurrency – Bitcoin.

What Is Dash?

Dash is a cryptocurrency project launched in 2014. Its aim was to become a simple and cheap payment network for all types of payments. The network is run by a set of users called masternodes. Dash is one of the main masternode coins, and it is the first project that has applied the masternode governing principle in its network. 

Masternodes are computers with a downloaded Dash blockchain (they are more powerful than the majority of similar computers called nodes) that perform the network governance and gain dividends for it. To start running a masternode, one needs to stake 1000 Dash coins. When the project was just launched, one coin price was 1 USD. So, at that time just 1,000 USD was needed to run a masternode. 

Now though, launching a masternode has become incomparably more complicated. Why? The Dash price has grown to approx. 180 USD. So, to launch a masternode, you would need to stake 1,000 x 180 = 180,000 USD. It is far from affordable for the majority of people. However, those who joined the masternode network back in 2014, before the value increase, have already gained a lot and continue getting profit. 

Where Can You Buy Dash?

Now, the majority of traditional cryptocurrency exchanges offer to swap the main coins for other crypto coins or fiat money. Dash is rarely included in the list of the major cryptocurrencies. So, finding a traditional exchange where you can swap Dash might be problematic. 

Along with it, you can also waste a lot of time comparing exchanges, verifying their reliability, checking the exchange rates and fees, and similar. So, if you prefer a traditional exchange to swap your funds, have a look at the biggest platforms that support many coins. 

Traditional exchanges offer custodial services. You store your funds in a wallet that belongs to the platform, and you don’t have your private keys. Your funds are practically the property of the platform.

If you want to save time and effort, you might want to consider instant cryptocurrency exchanges. These are newer and thus, more advanced platforms. The majority of instant services support at least some hundreds of coins, and there, you aren’t required to register or pass KYC procedures. Consider though that dealing with fiat money (if a platform supports this option) requires both registration and verification. 

Along with hassle-free swaps, an instant cryptocurrency exchange offers top security for your funds. Non-custodial service means that your funds are safely stored in your wallet. You are the only one who can access and manage them. However, you need to have a wallet to swap your crypto.