Buy Dash Currency In 3 Simple Steps
How To Buy Dash Currency
Buy Dash Currency In 3 Simple Steps – A Beginner’s Guide
Buy Dash Currency In 3 Simple Steps, Dash is a crypto currency that was introduced by Kyle Hagan and Evan Duffield. Earlier it was known as Xcoin and Darkcoin. This is an open source P2P digital currency that can be very beneficial for the buyers. This is equally beneficial as BTC. It has same features as Bitcoin but also has various advanced capabilities such as private transactions, instant transactions, decentralized governance and much more.
This is a sort of digital cash that you can spend anywhere as per your choice. If you are a beginner then you need to know lots of things about this currency. You can use this currency to make private payments, make instant payments online and much more. You can say this is next generation digital currency that is based on BTC software. It has become a very popular digital currency that comes with lots of integrated mixing functions.
It aims to be the most on chain scalable, user friendly crypto currency in the world. It incorporates various key innovations that aimed to improve the system’s functions and increase anonymity. This is a sort of electronic cash that offers a level of anonymity. This is not widely accepted by retailers but this is very popular among people who are associated with independent business.
There are lots of benefits of buying dash, some of them we have listed below:
- This digital case can be spent anywhere
- It enables a feature named PrivateSend that combines the coins via masternodes that makes it quite impossible to track the transaction from beginning to end.
- It enables a featured named InstantSend that allow payments to confirm instantly (even in less than a second)
- It helps avoid any double spend issues
- This digital currency is secure
- It allows buyers to buy everyday items privately and instantly
- It also has lots of advantages over BTC
- It ensures private and instantaneous transactions
How to Buy Dash in 3 Simple Steps:
If you are a beginner and really want to buy Dash, then you should follow these simple steps.
- Get a wallet:
First of all, you need to get a dash wallet. Again this is somewhere similar to BTC wallet. You can find different types of dash wallets available online and you can choose as per your choice and requirements. If you have larger amount of dash, you have to use a hardware wallet. If you are dealing with a small amount of dash, then desktop or mobile wallet can do well.
Different Types of Dash wallets:
Dash Mobile wallets:
Mobile wallets for storing dash are available for both iOS and android, but these are very few. Jaxx can be the perfect Dash mobile wallet that works rather well for both platforms. If you are an iPhone user, then you should go for Coinomi, Hash Engineering solutions, Dash wallet v.0.9 and much more.
Dash Hardware Wallets:
Dash Desktop Wallets:
You can use desktop wallet to store Dash. This wallet does not have lots of features such as Private Send and Instant Send, so some users don’t find it a best choice for them. If you want full scale functionality, then you should go for other options.
- Purchase Dash:
For beginners, it can be very tricky to buy dash. If you already have BTC, then you can trade it for dash. Trading can be done on various crypto currency exchanges such as Shape shift and Changelly. Nowadays it has also become possible to buy Dash directly with cash.
You can buy dash with a wire transfer via Bitpanda, Kraken and AnyCoinDirect. Bitpanda permits its users to purchase dash using Skrill a/c, credit card, SOFORT or SEPA transfer. If you buy dash via Bitpanda, you may have to go through a verification process. Bitpanda is available in Europe and offers you very low buying limit that is just 600 Euros (relatively low).
If we talk about Kraken, it can allow buyers to fund their a/c with EUR or USD via wire transfer and purchase dash directly. You can also go through the website of AnyCoinDirect. This website can make it easy for beginners to buy dash via SEPA transfer directly. If you are located in Europe, then it can be quite easy for you. Again you may have to go through a verification process that may take 48 hours.
You can have another option to purchase dash with cash directly. There are 3 locations in USA where you can purchase dash directly from an ATM. These three places may include New York, Florida and Oregon. Users find it really very easy to get dash with ATM. You can also purchase dash by depositing cash at some local banks in your countries.
You can also exchange your BTC for dash. This is also a good way to get dash. Those people who already have some BTC, they can move it to any exchange such as Bitfinex, Poloniex, Kraken, Changelly, ShapeShift and much more. These exchanges allow you to trade BTC for dash easily.
- Move Dash Coins to Wallet:
Once you are done with purchasing dash, you should move them to your wallet. You should not leave these coins on any exchange as this is not safe and your coins can be stolen or lost. You can own dash officially once they reach your personal wallet.
These are 3 important steps that beginners can follow to buy dash safely. Dash market is new and its unique features are making it so popular. If you are looking for investment or interested in making anonymous global transactions, dash currency can provide you both unique utility and monetary value. So you can go with this digital currency. You can follow the above given steps. Hope you find this post useful and informative.