You are welcome to this easy tutorial on how to exchange Dash, one of the biggest coins on the market. With ChangeNOW, perhaps, the best Dash trading platform out there, you are able to choose from more than 160 coins and you are not even required to set up an account!
How to exchange BTC to DASH:
- Choose your cryptocurrencies
- Enter the recipient address
- Confirm your transaction
- Make a deposit
Step 1. Choose your cryptocurrencies
Go to the main page of ChangeNOW’s website and choose a currency that you are willing to exchange. In this example, it will be Bitcoin and Dash. Then you need to enter your deposit amount. After ChangeNOW has calculated the rates and fees you will see the estimated number of Dash coins. Now press Enter.
Step 2. Enter the recipient address
Enter the address of the wallet that will receive the exchanged Dash, i.e. the recipient address. Press “Don’t have a crypto wallet yet?” if you do not have a DASH wallet at the moment. There you will be able to create a DASH wallet one of the services that we trust. Press Next.
Step 3. Confirm your transaction
Step 4. Make a deposit
After the previous step, send you BTC coins to the address that we have generated. For this, you may also use a QR code feature.
Step 5. Get NOW tokens!
Don’t forget to get your NOW tokens. They are granted for every exchange performed via ChangeNOW. You can spend the coin to get extra quick support or to choose better exchange rates. Enter you ERC-20 ETH wallet address to make us know where to send NOW tokens.
That’s about it! Thank you for reading this easy tutorial from ChangeNOW!
Best DASH Trading Platforms
EXMO is a cryptocurrency exchange, which is registered in the UK and was originally planned as a trading platform for post-Soviet countries. However, it was then reoriented to the European market, and is now quite popular on the continent. EXMO even opened a second office, and in addition to a representative office in London, there is a branch in Barcelona.
The crypto-exchange supports replenishment with fiat money. Dollar, Euro, British pound, currencies of the CIS countries are available. On the site, there are so-called EXMO-codes that allow you to make transfers without a fee. The developers have provided a chat in which traders can communicate and share the latest news. There are a lot of ways to protect accounts from hacking. There were no scandals around EXMO.
Unfortunately, the crypto-exchange doesn’t have an official mobile application. Instead, you can use the mobile version of the site. Sometimes there are delays in depositing and withdrawing funds. However, in general, EXMO is a good solution for anyone who is just starting to trade on the exchange and wants to invest in Dash.
CEX.IO is a trading platform that is focused on trading altcoins, so here you can find not only Dash, but also less well-known cryptocurrencies. The service appeared in 2013 and is registered in the UK. Initially, the company was conceived as a capacity operator for cloud mining and even managed to absorb the largest pool of BTC. However, in the future, it turned into an exchange.
CEX.IO works directly with popular European payment systems Visa and Mastercard. Accordingly, it is possible to replenish the account with fiat money without prior conversion to cryptocurrencies. CEX.IO is a legal exchange on which it is possible to trade formally, and to declare your income. There are all necessary licenses. The exchange offers users margin trading with leverage. There is its own mobile application, so you can buy Dash anywhere.
As for the shortcomings, they include identification. CEX.IO is a fully legal exchange, and therefore, the verification of users is required and to work confidentially will not work. There is also a nuance with margin trading: orders are closed before the stop loss. There are also some restrictions for users from specific countries.
Coinmama is perhaps one of the best services for people who are just starting to work with cryptocurrencies. The developers made sure that a newcomer receives all the necessary information. A large number of guides on cryptocurrencies are presented on the trading platform, and a special interface will allow to deal with the exchange even to a person who sees such services for the first time.
Coinmama accepts fiat currencies. The wallet can be replenished with USD or EUR. This is also an important step that will seriously help beginners who want to invest in Dash. Coinmama is reliable to use. It’s not possible to store coins or money directly on the website, assets are transferred from the user wallets. Pages that contain confidential information are encrypted, and it is almost impossible to find the key to them. It is worth noting the high quality of technical support.
The main drawback is that Coinmama has a quite high commission. In fact, it can be considered as a fee to help newbies. Experienced users rarely use this service. It is also worth noting the small number of supported currencies. If you need Dash or other popular currencies like BTC or ETH, no problem. But if you need little-known altcoins, Coinmama is not suitable.
Xcoins differs from many other cryptocurrency exchanges in that it doesn’t just accept fiat currencies to buy digital assets, but is almost the only one that allows you to make payments with PayPal. The crypto-exchange uses two-factor authentication to increase the protection of user accounts. Technical support solves issues relatively quickly – in just 24 hours.
Among the shortcomings, the scandal can be named, which hit the exchange in January 2017. It was hacked then. However, after that, Xcoins took care of security and we can assume that this will not happen again. Still, the user interface is not very convenient.
Yobit is a platform that many users ignore, because it was created by Ukrainian developers. Still, Yobit is good for both beginners and more experienced users. At this crypto-exchange, trading can be conducted with the use of fiat currencies. The trading platform supports replenishment and withdrawal with USD and RUB.
Yobit starts unofficial trading of many tokens which are still on the stage of ICO. The platform has many additional services and options, provides airdrops sometimes and supports more than 1000 cryptocurrencies and tokens. Am average daily trading volume is around $15 million. The fee is no more than 0,2%. Protection is provided via 2FA. Traders are provided with many additional options, including lotteries. The developers have tried to integrate into the platform YoBit absolutely everything that is popular in this field. This is felt when you look at the top menu of the site.
In addition to classic exchange trading, you can use InvestBox – a tool for coin accumulation. Also you can play Dice, where you bet and double your winnings. FreeCoins is an option to receive free coins by passing through captcha.